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Apple Cuts iPhone 16 Series Prices in India to Clear Inventory

Bank cashback schemes, trade-in offers and flat discounts have driven iPhone 16e below ₹51,000 and iPhone 16 to ₹68,400 ahead of the iPhone 17 launch.

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Overview

  • Entry-level iPhone 16e now starts at ₹50,900 after a flat ₹5,000 discount at Reliance Digital and ₹4,000 cashback with select bank cards.
  • The standard iPhone 16 is offered at ₹68,400 after a ₹4,000 instant cashback from ICICI, Axis or Kotak Bank credit card purchases.
  • Trade-in schemes allow customers to apply the value of older smartphones toward further price reductions on both iPhone 16 models.
  • Both models are powered by Apple’s A18 chip and feature a 6.1-inch Super Retina XDR OLED display, with the 16e adding a 48MP rear camera and USB-C support.
  • These price cuts form part of Apple’s inventory clearance strategy to maintain competitiveness in India’s price-sensitive market ahead of the iPhone 17 launch.