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