Rs 5,000 instant discount with SBI credit card on buying Mi 11 Ultra mobile phone

https://imgur.com/a/S...Xp

Rs 55,999 is the minimum swipe amount to get Rs 5,000 SBI card discount.

Hi, is this offer in stores too, and also, is the discount upfront or as cashback

This is unfair lol, offline should also get instant discount. Btw, India today tech and httech have mentioned only cashbacks and no upfront discount. Is this true?

https://www.mi.com/in/service/support/sbimiphon...

Minimum transaction amount Rs 55,999
OFFER PERIOD: 05 July 2021 00:00 hours to 30 September 2021 23:59:59 hours

OFFER TERMS AND CONDITIONS
This marketing program (“Offer”) is from SBI Cards and Payment Services Limited (“SBICPSL”) under an arrangement with Xiaomi Technology India Private Limited (“Xiaomi”).

OFFER:
Following discount (each a “Discount”) to each Cardholder purchasing the concerned Eligible Product through the Online Channel (as defined below) during the Offer Period:

Eligible Product Minimum Transaction Amount [INR] Discount if SBI credit card used to purchase Eligible Product [INR] Discount if SBI credit card EMI scheme used to purchase Eligible Product [INR]
Mi 10T 26399 2500 2500
Mi 10T Pro 26399 2500 2500
Mi 10i 17599 1500 1500
Mi 11 Lite 18399 1500 1500
Mi 11X 23999 2000 2000
Mi 11X Pro 31999 3000 3000
Mi 11 Ultra 55999 5000 5000
Offer is open to all legal residents of India holding a valid and current SBI/Tata Credit Card (“Card”).

ELIGIBLE CUSTOMERS: SBICPSL and Tata credit card holders, excluding corporate credit cardholders and Paytm SBI Credit Cards, are referred to as “Cardholders”. Cardholders who meet the conditions set out under this Annexure are referred to as “Customers”.

OFFER PERIOD: 05 July 2021 00:00 hours to 30 September 2021 23:59:59 hours

ELIGIBLE PRODUCTS: All variants of the products listed at Clause 1 purchased during the Offer Period from the Authorised Channels. Each variant of the product listed at Clause 1 is referred to individually as an “Eligible Product”, and collectively as the “Eligible Products”.

MINIMUM TRANSACTION AMOUNT: To avail the Discount on an Eligible Product during the Offer Period, a Cardholder’s transaction using his/her SBICPSL credit card or under a credit card EMI scheme must be for the minimum amount identified and set out in Clause 1 above (each a “Minimum Transaction Amount”).

AUTHORISED CHANNEL www....om, the related mobile website and mobile application (“Mi Authorized Channel”)

The Offer can be availed only once per card during the Offer Period on each Authorised Channel irrespective of the number of products purchased.

Other Terms and Conditions:

The above Offer is by way of a special offer for SBI/TATA Credit Cardholders only and nothing contained herein shall prejudice or affect the terms and conditions of the card agreement and Convert2EMI terms and conditions governing EMI transactions issued by SBI cards. The terms of the above offer shall be in addition to and not in derogation of the terms contained in the card agreement and Convert2EMI terms and conditions.
Any person participating in the Offer:
a. must be an Indian citizen and resident;
b. must be able to enter into legally binding contracts under Indian Contract Act, 1872;
c. must hold a valid and unexpired credit card issued by SBICPSL;
d. must purchase an Eligible Product;
e. must possess proof of age, identity and place of residence.
Offer is not applicable on cash on delivery transactions.
Offer not applicable on net banking transactions and on debit card transactions.
The Offer cannot be combined with any other offer.
Any person availing this Offer shall be deemed to have accepted these terms and conditions.
For offline channels, delinquent cardholders will not qualify for this Offer. Cardholders with outstanding payment for a period of thirty (30) days or more will not be eligible for this Offer.
This Offer is non-encashable, non-extendable and non-negotiable.
If a Cardholder has more than 1 (one) card, spends on the cards cannot be clubbed by the card member in order to qualify for the said Offer.
Any query regarding the Offer will be entertained only till 07 October 2021 (23:59:59 hours) for the Online Channel and until 30 December 2021 (23:59:59 hours) for the Offline Channels. Post such dates, the SBICPSL and Xiaomi will not entertain any correspondence or communication regarding this Offer from any persons.
Pictures of products shown in the communication sent to the customers either through mailers or advertised on the website, are representative only and may not bear a resemblance to the actual products. Neither of the Parties shall, under any circumstances, be responsible towards the same.
Returned transactions, disputed or unauthorized/fraudulent transactions will not be considered for the Offer.
All government levies and taxes shall be payable by the Customers as applicable at the time the Offer is availed.
Cardholders are not bound in any way to participate in the Offer. Any such participation is voluntary.
This Offer shall be subject to all applicable laws, rules and regulations which are in existence and which may be promulgated anytime by any statutory authority.
Xiaomi and SBICPSL reserve the right, at any time, without prior notice and without assigning any reason whatsoever, to add/alter/modify/change or vary all of these terms and conditions or to replace, wholly or in part, this offer by another offer, whether similar to this Offer or not, or to extend or withdraw it altogether.
Any disputes arising out of the Offer shall be subject to the exclusive jurisdiction of the courts at Bangalore.

First limited quantity sale on:
07-July-2021
12PM

Vu

Thanks Admin for considering as FPD..!

This deal is also live on amazon.in:

https://www.amazon.in/dp/B085J1RXKJ/ref=s9_acsd...

Mi has such expensive phones as well