While Apple has not announced any official price cut for the iPhone SE - the 16GB variant has still got an MRP of Rs 39,000 and 64GB variant of Rs 44,000. The 16GB iPhone SE had been going for between Rs. 27,000 and Rs. 29,000 recently, and now retailers are offering it for as low as Rs. 24,999, with the Rs. 5,000 cash back dropping the effective price to Rs. 19,999.
The new cashback deal on the iPhone SE was initially available on March 17 and will continue to do so, reportedly till March 31. Debit cards issued by these banks will qualify for the iPhone SE Rs. 5,000 cash back: Axis Bank, Citibank, HDFC Bank, HSBC, ICICI Bank, Indusind Bank, Kotak, RBL Bank, Standard Chartered, and Yes Bank. The offer is valid only from March 17 until the end of the month, and the assured amount will be credited on the card used within 90 days from the date of purchase. The iPhone SE cash back offer is not open to American Express customers. Another note is that the cash back is not applicable if user opts EMI option. This price cut is not yet officially announced by Apple, but only Apple distributors are promoting this huge discount.
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The iPhone SE was launched in March previous year. This is an interesting phone with a design that is similar to that of the iPhone 5S but with the hardware that was closer to that of the iPhone 6S. "Another contract manufacturer, Wistron (3231.Taiwan), is reportedly preparing to start production of the iPhone SE in its Bengaluru plant in April ..." With a 2GB RAM, 12-megapixel iSight rear camera and a 1.2-megapixel front camera, the phone is powered by a 1,715mAh battery.
Before you can buy the iPhone SE at its special prices, first you have to find a retailer that is selling it at a special prices. The phone also features the TouchID fingerprint scanner as well as support for Apple Pay.