News Business Apple to not offer EMI schemes for new iPhones

Apple to not offer EMI schemes for new iPhones

New Delhi: Apple will not offer any finance option on its new flagship iPhone 6 and iPhone 6 Plus in India given the huge demanded for the newly launched devices, according to media reports.Apple has

apple to not offer emi schemes for new iphones apple to not offer emi schemes for new iphones

New Delhi: Apple will not offer any finance option on its new flagship iPhone 6 and iPhone 6 Plus in India given the huge demanded for the newly launched devices, according to media reports.

Apple has tied up with Bajaj Finance and Capital First to offer zero-interest finance scheme on most of its products, but this scheme has not been extended to the new products launched on October 17.

In the zero-interest scheme, Apple either bears the interest cost of 5-6 percent on its own or a small portion is also shared with the retailer, depending on sales arrangement.

However, zero-interest schemes for models such as iPhone 5s, 5c and 4s are still available.

Apple introduced the iPhone 6 and iPhone 6 Plus, September. The iPhone 6 with a 4.7-inch screen and the iPhone 6 Plus with a 5.5-inch display are in short supply.

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