A 1.3 GHz clocked quad-core processor, and 1GB RAM combo may not exactly sound like the power you need for your smartphone requirements in the modern world.

But what if it’s coming at half the price of what you spend for the cheapest iPhone casing?

It’s not a fantasy tale. An Indian start-up called Ringing Bells is the one who has introduced what can be now called as the world’s cheapest Smartphone.

Freedom 251 is the smartphone which has now stunned the world with its cheap price tag of Rs 251 (~$4).

Booking for the device will commence at 6:00 a.m. on February 18, and will be wrapped up by 8:00 p.m. on February 21 at freedom251.com.

But where it gets truly galvanized is with the stuff it packs inside. The price-tag can easily misguide you to believe that Freedom 251 could be the weakest phone out there.

But in truth, Freedom 251 is far better than some of the low-end smartphones that are currently available on the market.

The 4-inch device packs a qHD resolution that can bring out a decent output of the visuals. Inside, the Freedom 251 packs a quad-core processor clocked at 1.3GHz.

The chipset being used hasn’t been revealed as of now, and for that reason, we can never predict the actual performance.

The numbers are truly impressive.

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Freedom 251 brings forward a RAM of 1GB along with this unrevealed SoC and also offers a storage space of 8GB.

This can be expanded up to 32GB; wondering why many of the top vendors are ditching the SD slot citing cost factors.The camera segment is where Freedom 251 fails to iterate the surprise.

A 0.3 MP camera will accompany a 3.2 sensor on the back on the front. The device also features a 1450mAh battery, which does hold the potential to offer real life with the spec-array inside.

Freedom 251 will be officially launched by Indian Defense Minister Manohar Parrikar in an event that will be held today evening.

The company says its vision is to empower all the citizens, including those from rural and semi-urban sectors, with new-age digital technology.