Reliance Jio may refund part of its security amount of Rs 1500 for 'Jio Phone' even before the stipulated three-year period. According to reports, Jio is likely to announce the terms of the refund scheme in the next few days as the company has already signed up nearly 125 million subscribers so far. Jio will start taking orders for the Jio phone from 24 August, but the company started the beta tests of its offering from 15 August.
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