Business Standard

Can't afford an iPhone or Galaxy S9? Don't fret, you can get one on rent

Bengaluru-based RentoMojo to offer top smartphones brands starting at a monthly rental of Rs 2,100

phone, mobile, message
Premium

Representational Image

Samreen Ahmad Bengaluru
After homes, cabs, electronic goods and furniture, you can now get the latest mobile phones on rent.

Aiming to penetrate deeper into the mobile smartphone market in the country, companies such as Apple, Google and Samsung have tied up with renting platform RentoMojo to lease mobile phones on monthly rentals basis. The rental charges range from Rs 2,100 to Rs 9,300 a piece, depending on the model and brand, which are lesser than the traditional ‘EMI with interest option’. The users will also have the option to buy the phones at the end of the tenure comprising six, 12, 18

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in