Apple introduced Cash back offers for iPad mini last year. Today Apple’s premium reseller Imagine has sent us an email regarding a new Buy Back offer for the iPhone 5c. Under this buy back offer you will get Rs. 7,500 discount on iPhone 5c 16GB in exchange for old smartphones. It says, “All leading smartphones qualify for this offer” and the unit should be in working condition along with the charger. You can get more details from your nearest Apple Premium Reseller across India. 
Apple also offers additional Rs. 2,100 cash back for Standard Chartered credit card holders, so the final amount would be Rs. 30,200 based on monthly EMI transaction for 9 months, instead of Rs. 32,300 for other credit card holders. For customers with credit cards with other banks (Axis, Citibank, HDFC, HSBC, ICICI, InusInd and Kotak Credit Card), the effective price would be Rs. 32,300 based on monthly EMI. This EMI could vary from Bank to Bank.
This limited period buy back offer runs from 1st to 30th May, 2014. Apple also offers similar buyback offer for iPhone 4S (8GB). You can get maximum Cash Back on 2 transactions per card under this offer. Cash Back will be credited to the customer card account for all eligible transactions within 90 days.