Samsung Galaxy phones made more accessible through EMI and Buy Back schemes

Best Bay and EMI are hot terms right now in the Indian mobile phone market, and Samsung has brought out yet another batch of those for its Galaxy devices. This time around, the South Korean manufacturer has its focus set on letting users easily upgrade to the latest devices.

Under its Stay New plan, select Galaxy tablets and smartphones will be purchasable with eighteen-month EMIs by those who own credits cards from HDFC, ICICI, Citibank and Standard Chartered. The Stay New scheme will be applicable from January 1 till March 31, 2014, or until stocks last, on devices that include the Samsung Galaxy Note 3, Note 2, S4, S4 mini, S3, Tab 3 and the Tab 10.1.

Samsung Galaxy Phone

Coming to the Easy Buy Buck plan which is sure to grab some attention, it is aimed at letting you upgrade to the latest Galaxy device following 6 months of buying its predecessor. This scheme will be facilitated by Samsung’s Indian distributor, Ingram Micro.

How it will work is that aspiring buyers will be needed to contact Ingram Micro’s toll free number when their device is eligible. An evaluation of the phone or the tablet will be done, following which a buyback price will be notified to the customer. If agreed upon, the device will be collected by Ingram Micro, and the amount will be added to the customer’s account.

Under the Stay New plan, the Samsung Galaxy S4 is going right now for an effective price of Rs 44,384. The Smart Buy price of the device is Rs 42,500, but a discount of Rs 2,975 and an interest cost of Rs 4,859 bring the amount to the above mentioned Rs 44,384.