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A Nokia Lumia smartphone featuring Windows Phone 8 is displayed during an event in San Francisco, California October 29, 2012.Credit: Reuters/Robert Galbrai

Following the success of pre-Diwali "Nokia Lumia Smart Upgrade" offer in late September, Finnish handset maker has now included the company's flagship 41.0-megapixel camera phone Lumia 1020 in buy back scheme ahead of Christmas holidays.

Nokia is reportedly offering close to ₹13,500 discount to prospective buyers who are ready to exchange their old smartphones with the Lumia 1020 (₹49,999), at a reduced price of ₹36,499.

It is to be noted that the company is offering rebate on the MRP rather than on the current market rate, which is at least two to three thousand bucks less than the price offered by the online and the brick-and-mortar stores. Hence, readers are advised to enquire about the finer details with the local phone retailers nearby.   

With the announcement, Nokia's exchange offer now covers almost all the Windows Phone 8 OS powered Lumia phones in the market sans Lumia 920.

Nokia has listed the smartphones eligible for the Lumia 1020 buy-back scheme - BlackBerry Q10, Z10, Samsung Galaxy S1/S2/S3/S4, Note 1 & 2, Galaxy Grand, Quattro, Galaxy Core, Sony Xperia Z, ZR, ZL, Z1, C, M, SP, HTC One, One X, Butterfly, 8X, 8S, Desire 500, Micromax Canvas HD, Canvas 4, Apple iPhone 3G/ 3GS/ 4/4S, LG Google Nexus 4, Lenovo K900 and even Nokia handsets - Lumia 625/820/920/925 are also part of the deal.

If buyers are not interested in the expensive Lumia 1020, they can check out other mid-range models like Lumia 625, 720, 620 and 520. [To know eligible phones available for exchanging with these Nokia smartphones, Click Here]

The company says that exchange value of these devices will be determined by the store owner based on the working condition of the phone and this scheme is valid till the stocks last.

Nokia Phone


Old phone exchange discount

Reduced price

Lumia 1020


Up to ₹13,500/-

As low as ₹36,499/-

Lumia 925


Up to ₹10,000/-

As low as ₹28,529/-

Lumia 720


Up to 7,000/-

As low as 15,199/-

Lumia 625


Up to ₹7,000/-

As low as ₹14,919/-

Lumia 620


Up to ₹6,000/-

As low as ₹9,999/-

Lumia 520


Up to ₹4,000/-

As low as ₹7,289/-

Key specifications of Nokia Lumia 1020:


Nokia Lumia 1020


4.5-inch AMOLED WXGA(1280x768p) display with PureMotion HD+ technology, pixel density: 334 ppi (pixels per inch)


Windows Phone 8


Dual-core Qualcomm Snapdragon S4 Processor with 1.5GHz CPU speed



Storage capacity



Main: 41.0-megapixel PureView camera with OIS (Optical Image Stabilization), 6-lens optics, 3X high resolution zoom, Carl Zeiss Tessar lens, image resolution: 7712x5360p, and  Xenon flash and LED flash for video and still images respectively

Front: 1.3-megapixel HD wide-angle camera


BV-5XW battery model with 2000 mAh (non-removable);

Talk time: 19.1 hours (2G) & 13.3 hours (3G);

Standby time: close to 16 days;


2G & 3G


Bluetooth v3.0; Wi-Fi: WLAN IEEE 802.11 a/b/g/n; NFC, Micro-USB v2.0; 2.5D sculpted Corning Gorilla Glass 3 screen shield, Wireless charging capability


130.4 x 71.4 x 10.4 mm


158 g

Price [MRP]


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