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iPhone 16 Prices Fall to Rs. 66,500 in India Ahead of Rumored iPhone 17 Debut

Steep Amazon discounts alongside bank rebates have driven the 128GB base model to its lowest price yet, leaving buyers to choose between instant savings or rumored next-generation upgrades.

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Overview

  • Amazon India’s flat Rs. 6,900 price cut combined with ICICI and SBI bank rebates and Prime cashback brings the 128GB iPhone 16 down to an effective Rs. 66,500.
  • These markdowns represent the deepest mid-cycle reductions since the device launched at Rs. 79,900 in September 2024.
  • Apple and its retail partners are deploying aggressive discounts to clear existing iPhone 16 inventory ahead of the next-generation model’s expected release.
  • Industry rumors suggest the iPhone 17 may feature a new, more efficient chipset, longer battery life, slimmer bezels, improved cameras with larger sensors, and on-device AI enhancements.
  • Despite the upcoming refresh, the iPhone 16’s A18 performance, high-quality display, advanced camera system, ongoing iOS 18 support, and generous trade-in program maintain its appeal.