Mumbai: One of the most biggest Reliance Industries Chairman Mukesh Ambani today launched the JioPhone at the 40th Reliance Industries (RIL) AGM, terming it the world’s most affordable feature phone.

Speaking at the AGM, Ambani said the phone will effectively be free of cost, “at Rs 0 for all Indians”.

“We will collect a 100 percent refundable security deposit of Rs 1,500, which will be refunded after three years,” the RIL chief said. JioPhone will be launched on August 15 and the pre-bookings will begin on August 24.

The phone is a basic feature phone but will be 100 percent 4G compatible and supports 22 major languages. Termed as an intelligent phone, it will feature a very compact design which will be extremely easy and friendly to use.

The phone will feature a 2.4 QVGA display along with an alphanumeric keypad. The phone will support a micro SD card slot and will come pre-loaded with JioMusic, JioCinema and JioTV.

In what can be termed as revolutionary, JioPhone will let users watch their favourite TV content, Live TV, movies, educational programs and mirror their phone on their TV screen.

This will be made possible through JioPhone TV cable, an affordable cable, which will specifically connect the phone to not only a smart TV, but an old CRT TV as well. Among others features, the phone will have torch light, FM radio etc.

The phone can be operated on your voice command and one can use the keyboard even while speaking to the phone. “We will be integrating local police and emergency services into the phone,” he said.

JioPhone will feature free voice call, SMS, and data for one month at a cost of Rs 153. The company also plans to introduce NFC technology into the phone later this year. Users will also be able to link their bank accounts, Jan Dhan, UPI and payment card and make payments with a simple tap on the phone.

Apart from the Rs 153 plan, users can also avail a weekly plan of Rs 53 as well as a two-day plan costing Rs 23.