Reliance Jio has just now unveiled the much awaited 4G VoLTE enabled JioPhone.  During the Annual General Meeting (AGM), Mukesh Ambani launched JioPhone and termed it as “India ka Smartphone.” However, surprisingly the JioPhone will come with an “effective price of Rs. 0.” To grab the JioPhone, you have to deposit Rs. 1500 while purchasing the phone. After the period of 3 months the same amount will be refunded by Reliance Jio. That is how it is priced at “effectively Rs. 0.”

For the availability, the JioPhone will be available for beta testing starting 15th August. While pre booking of the cheapest 4G VoLTE phone will start from 24th August. However, the final shipping of the JioPhone will start from September this year on the first come, first serve basis.

JioPhone will come with alphanumeric keypad and four-way navigation system. The cheapest 4G VoLTE phone will come with 2.4-inch QVGA display, FM radio, torch light, a headphone jack and also SD card slot. The JioPhone will also boast all the Jio Apps. JioPhone also has built-in PM Modi’s Mann Ki Baat broadcast application.

The JioPhone users can get the Jio Dhan Dhana Dhan offer at just Rs 153 per month. Under which they will get free voice and SMS and unlimited data for the period of a month.

Well, it is a huge announcement for feature phone users in India.