Xiaomi Mi4 64GB Gets ₹4,000 Price-Cut; Exchange Offer Also Available with Additional ₹5,000 Cash-Back
Xiaomi Mi4 64GB Gets ₹4,000 Price-Cut; Exchange Offer Also Available with Additional ₹5,000 Cash-BackXiaomi India Facebook page screen shot

Chinese smartphone maker Xiaomi has slashed Mi4 64GB model's price in India.

"Our well-loved Mi 4 64GB is now Rs. 4,000 off. Available for ₹19,999, down from the original launch price of ₹23,999. Lower costs have enabled us to reduce the price of Mi 4 64GB, and this translates into savings that our Mi fans can enjoy," reads the Xiaomi India Facebook wall post.

Though the company claims that the Xiaomi Mi4 64GB is getting ₹4,000 price-cut, but it's actually ₹2,000. Mi4 64GB, which was launched in February this year, came with a price-tag of ₹23,999, but its price was reduced to ₹21,999 in April; now it has received another ₹2,000 discount, taking the tally to ₹4,000 off, compared to its inaugural price.

This offer is valid only on Xiaomi Mi4 64GB model, whereas the 16GB variant will continue to be sold for ₹17,999.

Furthermore, Xiaomi's official e-commerce partner Flipkart is offering cashback deal on both the 16GB and 64GB models. Prospective buyers, who are ready to part with their old phones, stand a chance to get discounts of up to ₹5,000. [More Information, HERE]

This means Xiaomi Mi4 16GB and 64GB variants can be bagged for as low as ₹12,999 and ₹14,999 respectively.

Xiaomi's announcement comes close on the rival OnePlus's permanent $50 price-cut on the flagship smartphone One.

Early this week, OnePlus reduced the prices of 16GB White Silk and 64GB Sandstone Black to $249 (around €221/₹15,920), whereas the 64GB model (with-out Dropbox Pro bundle) costs $299 (around €265/₹19,120).

This price-cut is currently available in select markets (US, Canada and Europe Union) for a limited period, but it is still to take effect in Amazon India website, many believe it will happen soon.

[Read more: OnePlus Reduces 'One' Smartphone Price by $50, Offers Dropbox Pro Bundle at Concessional Rate]

Xiaomi anticipating the same has taken the lead over OnePlus by offering discounts in India on Mi4.

Both Xiaomi Mi4 and OnePlus One Plus boast identical features sans the screen size.

Key specifications of OnePlus One and Xiaomi Mi4:

Models OnePlus One Xiaomi Mi4
  • 5.5-inch full HD (1920x1080p) IPS LCD screen with Corning Gorilla Glass 3 shield
  • Pixel density: 401 ppi (pixels per inch)
  • 5.0-inch full HD (1920x1080p) screen with Sharp / JDI OGS (One Glass Solution) full lamination
  • Pixel density : 441 ppi (pixels per inch)
OS CyanogenMod v11S based Android KitKat v4.4 Android v4.4.3 KitKat with MIUI v6.0
Processor 2.5GHz Qualcomm Snapdragon 801 series quad-core CPU 2.5GHz Qualcomm Snapdragon 801 series quad-core CPU
GPU Adreno 330 Adreno 330
Storage capacity 64GB/16GB 16GB/64GB
  • Main: 13.0-megapixel Sony Exmor IMX214 camera with 6 physical lenses, f/2.0 aperture, dual-LED flash
  • Front: 5.0-megapixel (80-degeree) wide-angle camera
  • Main: 13.0-megapixel Sony IMX214 camera with 6 element lens, f1.8 aperture, real-time HDR, 4K video recording, CMOS sensor, 0.3-second auto-focus feature
  • Front: 8.0-megapixel Sony (IMX219) 80-degree wide-angle camera with 5 element lens, f1.8 aperture
Battery 3100 mAh 3080 mAh (Li-Ion Polymer) with quick-charge 2.0 technology
Network 3G & 4G-LTE 2G & 3G
Add-ons Bluetooth v4.1, Wi-Fi Dual-band Wi-Fi (2.4G/5G) 802.11 b/g/n/ac, NFC 65T (software card emulation, payment methods and multi-tag support), internal GPS antenna + GLONASS, LED notification indicator, downward facing dual stereo speakers (JBL) water-repellent nano-coating, IR-blaster, stainless steel frame, Wi-Fi (802.11 ac; dual-band: 2.4/5.0 GHz), Bluetooth v4.0, Bluetooth HID, and other standard connectivity features
Dimensions 152.9 x 75.9 x 8.9 mm 139.2 x 68.5 x 8.9 mm
Weight 162 g 149 g
  • 64GB: ₹21,999/-
  • 16GB: ₹18,999/-
Old Price:
  • 64GB: ₹23,999/-
  • 16GB: ₹19,999/-

New Price:

  • 64GB: ₹19,999/-
  • 16GB: ₹17,999/-

Exchange offer:

  • 64GB: up to ₹14,999/-
  • 16GB: up to ₹12,999/