₹1999 as first payment and ₹501 as processing charges boils down to ₹2500. And if you opt for long term EMI, then price easily crosses 9k. That is some serious under-powered phone for a 9k budget with better alternatives available.
Jio had a complete different target audience in mind. They should have schemes according to that. Right now it's unworthy to be called "affordable" by any means.