iPhone 16 price cut and offer details
The base 128GB variant of the iPhone 16 is currently listed at ₹64,900, down from its original ₹69,900 price. That’s a flat 7 per cent cut visible right away without applying anything. The 256GB model has also dropped to ₹74,900 from ₹79,900, which is a slightly smaller 6 per cent reduction.
For buyers looking at the higher storage 512GB option, the listing shows a price of ₹94,900, reduced from ₹99,900, although some of these variants are currently out of stock. So availability may become a factor depending on what exactly you want.
On top of these price cuts, there is an exchange offer that says “Up to ₹51,100 Off on Exchange”, but as always, the final value depends on the old phone’s condition, brand, and whether your pincode is serviceable. In some cases, users may not see the full benefit.
Bank offers and EMI options
Flipkart is also pushing multiple bank offers alongside the price drop. There are cashback deals on select credit cards including Flipkart Axis Bank and SBI cards, along with instant discounts in some cases. Debit card users are also getting smaller cashback options.There is also a no-cost EMI option available, and the platform mentions a fully digital EMI process. Some users may also see additional small discounts like ₹750 or ₹1,250 depending on the payment method they choose.
iPhone 16 Plus pricing in the sale
The larger Apple iPhone 16 Plus is also part of the same sale. The 128GB version is now available for ₹74,900 instead of ₹79,900. Meanwhile, the 256GB variant is listed at ₹84,900, down from ₹89,900.Just like the standard model, the same exchange benefit of up to ₹51,100 applies here as well, along with bank offers. However, some colours are already showing “only few left” or “currently unavailable”, which suggests the deals may not last very long.
Key features of iPhone 16 series
The iPhone 16 comes with a 6.1-inch Super Retina XDR display, while the Plus variant offers a larger 6.7-inch screen. Both models are powered by the A18 chip with a 6-core processor, which is positioned for faster multitasking and gaming.
On the camera front, the devices feature a 48MP primary sensor along with a 12MP secondary lens, and a 12MP front camera for selfies. The listing highlights DSLR-like photos and improved low-light performance, although real-world results can vary depending on usage.
Storage starts from 128GB and goes up to 512GB, and Apple is offering a one-year warranty on both the phone and in-box accessories.
How to avail the offer
To get the maximum benefit, buyers need to combine multiple offers. The base discount is already applied on the listing price, but for additional savings, users can opt for exchange deals, select eligible bank cards for cashback, and choose EMI options if needed.
It is also worth checking pincode serviceability for exchange, as the listing clearly mentions that this may not be available everywhere.


