Reliance Jio Diwali bash! Jio GigaFiber broadband internet at just Rs 500? Details here

Reliance Jio's high-speed broadband service, Jio GigaFiber, is expected to be available for users from the upcoming Diwali fest at almost half price of similar services offered by other companies, a report says. According to The Economic Times, Jio's broadband service, which also comes bundled with the internet-based television programming, is expected to be commercially rolled out before Diwali (November 7). Initially, it will be launched in metros and around top tier 1 and 2 cities.

The registration for Jio GigaFiber starts August 15. According to the report, Jio GigaFiber service's initial availability will depend on the volume of customer registrations. 

Jio GigaFiber is expected to disrupt the broadband market by offering the service at 50% price of those offered by competitors. Currently, above 100 GB of broadband data pack at 100 Mbps speed is offered by cable operators for Rs 700-1000 per month. They also charge an addition Rs 250-300 for TV services. 

Currently, JioGigaFiber preview offer is available for consumers. The preview offer provides "ultra high-speed internet up to 100Mbps for 90 days along with a monthly data quota of 100 GB and a complimentary access to a host of Jio's premium apps." If a user consumes 100 GB of data within a month, he/she can continue to enjoy the high-speed internet services by getting a complimentary data top-up of 40 GB via MyJio App or through Jio.com. There are no installation charges levied on the preview offer. However,  a refundable security deposit of Rs.4,500 taken for the ONT device (GigaHub Home Gateway) is necessary to be paid through Debit card, Credit Card, Jio Money or PayTM.
Official Reliance Jio website says, "JioGigaFiber beats the rest because of its ultra fast upload and download speeds & effective functioning in merely 'milli seconds'. Now, imagine a high speed private internet highway right inside your home."