The festive season is not here yet, but smartphone buyers already have a reason to cheer. Apple’s iPhone 17 series is only a few days away from launch, and as expected, the current iPhone 16 series is witnessing attractive discounts on both Amazon and Flipkart. With special cashback, EMI options, and exchange offers, buyers can actually grab the iPhone 16 at a price that goes below Rs 40,000.
If you have been planning to buy an Apple device but were held back by the premium price tag, now might be the best time to make the move. Let’s break down the offers in detail.
iPhone 16 Series: Features at a Glance
Apple launched the iPhone 16 lineup on September 9, 2024. The family includes five models – iPhone 16, iPhone 16 Plus, iPhone 16 Pro, iPhone 16 Pro Max, and the more affordable iPhone 16e.
All models are powered by Apple’s powerful A18 chipset paired with 8 GB RAM, making them some of the fastest iPhones till date. The iPhone 16 base model with 128 GB storage was introduced at Rs 79,900 in India. While the features and performance are impressive, the biggest talking point right now is the steep price drop available on leading e-commerce platforms.
iPhone 16 Price on Amazon
On Amazon, the iPhone 16 is currently listed with a 12% flat discount, bringing the price down to Rs 69,999 from the original Rs 79,900.
But that’s not all. Buyers using Amazon Pay ICICI bank credit cards can avail No Cost EMI options along with savings of up to Rs 3,000 on EMI interest.
The real deal comes with Amazon’s exchange offer, which goes as high as Rs 36,050 depending on the model and condition of the phone you exchange. With the right combination of cashback, EMI savings, and exchange value, the effective price of the iPhone 16 can drop to under Rs 40,000.
iPhone 16 Price on Flipkart
Flipkart is not far behind in the discount game. The e-commerce giant has listed the iPhone 16 at Rs 71,399 after a 10% price cut.
In addition, several bank offers make the deal even sweeter:
- 5% cashback for Flipkart Axis Bank credit card and SBI card holders (up to Rs 4,000).
- Axis Bank debit card users can save up to Rs 750.
- HDFC Bank credit and debit card holders get 8–10% cashback up to Rs 1,600 (for credit) and Rs 1,500 (for debit).
- Flat Rs 500 discount on select EMI transactions.
- A special price cut of Rs 8,501 on top of the base discount.
- No-cost EMI starting at Rs 5,950 per month.
Flipkart’s exchange program is even more aggressive, offering up to Rs 61,700 off depending on the condition of your old phone. If you qualify for the maximum discount, the effective price can go much lower than you’d expect.
Why the Sudden Price Drop?
The reason behind these tempting deals is simple – Apple is gearing up for the launch of the iPhone 17 series on September 9, 2025, at its much-hyped “Apple Awe-Dropping” event, scheduled at 10:30 PM IST. The devices are expected to hit Indian stores by September 19, 2025.
With a new series ready to take the spotlight, retailers are eager to clear stocks of the iPhone 16 lineup. For buyers, this is a golden chance to buy an iPhone at a fraction of its launch price.
Things to Keep in Mind
While the price cuts look very attractive, it is important to remember that exchange offers vary widely based on the model, brand, and physical condition of the phone you are trading in. The maximum discount values (like Rs 36,050 on Amazon or Rs 61,700 on Flipkart) are ideal cases and may not apply to every buyer.
Still, even without the full exchange value, both platforms are offering significant discounts that bring the iPhone 16 closer to mid-range smartphone pricing in India.
Final Takeaway
If you are eyeing an Apple iPhone but don’t want to spend close to Rs 80,000, the ongoing deals on Amazon and Flipkart are worth checking out. With the right combination of discounts, cashback, and exchange offers, you could actually get your hands on an iPhone 16 for less than Rs 40,000.
However, if you are someone who always wants the latest model, you might want to wait just a few more days for the iPhone 17 launch. Either way, Apple fans are in for an exciting September.