emi: Reliance JioPhone Next: Why EMI buyers need to be alert before buying
JioPhone Next smartphone comes preloaded with a device locking feature which will restrict user access in case of failure in paying the EMIs. The phone has got a price-tag of Rs 6,499 and can also be purchased by paying Rs 1,999 upfront and the rest via EMI for up to 24 months. So, if the user fails to pay the EMI installment, the feature will restrict phone access and may block a certain number of apps.
Source: gadgetsnow.com