Apple fans looking for a bargain now have a chance to grab the iPhone 16 at Croma for just ₹37,990. However, this low price is not a straight discount—it depends on bank offers, exchange deals, and selected models.
Current iPhone 16 Pricing
On Apple’s official website, the iPhone 16 starts at ₹69,900, while Croma lists it at ₹66,990. Shoppers using SBI, IDFC, or ICICI bank cards can get ₹3,000 off per card, and HDFC cardholders can avail a ₹7,000 discount, bringing the price down to ₹59,990.
How to Reach ₹37,990
To achieve the effective price of ₹37,990, customers must exchange their old smartphone. Reports indicate that exchanging an iPhone 14—or another eligible device—can provide up to ₹16,000 in exchange value, depending on the model and condition of the old phone. After this exchange, the iPhone 16 could cost ₹43,990.
Additional Exchange Bonus
Croma also offers an exchange bonus of up to ₹6,000, which, when combined with the exchange value and bank discounts, brings the price down to ₹37,990. It is important to note that the final price may vary based on location, device model, and availability of offers.
Key Takeaway
While the iPhone 16 for under ₹40,000 sounds like an incredible deal, buyers need to carefully combine bank discounts, exchange value, and exchange bonuses to avail this effective price.