In a major deal for Apple enthusiasts, the Tata-owned retail giant Croma has slashed the price of the base model iPhone 16 by over Rs 17,000, bringing it well under the Rs 65,000 mark. This significant discount makes last year's flagship model an even more compelling buy in the competitive Indian smartphone market.
Massive Price Cut and Bank Discounts
Launched in 2023 with a starting price of Rs 79,990 for the 128GB variant, the iPhone 16 is now listed on Croma's platform for Rs 66,990. However, the real savings kick in with bank-specific offers. Croma is providing instant discounts of up to Rs 4,000 for customers using ICICI, IDFC, and SBI bank credit or debit cards.
This brings the effective price down to just Rs 62,990. It is important to note that these bank offers are activated on the OTP page during checkout and are applicable only when the iPhone 16 is the sole item in the cart. For those preferring monthly payments, the e-commerce platform offers EMI options starting from Rs 3,153 per month.
Storage Variants and Colour Options
The discount is not limited to the base model. Shoppers looking for more storage can also benefit. The iPhone 16 256GB and 512GB variants are available for Rs 76,490. After applying the same bank discounts, these higher-storage models can be purchased for as low as Rs 72,490.
The base 128GB variant is up for grabs in five attractive colour options: Black, White, Pink, Ultramarine, and Teal. This price drop comes at a time when the iPhone 16, according to Counterpoint Research, was Apple's best-selling smartphone in India as of September, capturing about four percent of the total smartphone sales in the country that month.
Why the iPhone 16 Remains a Top Choice
Despite the launch of the iPhone 17 a few months ago, the iPhone 16 continues to be a highly recommended device, especially at this new price point. It packs substantial upgrades, most notably in its camera system. The phone features a powerful 48MP primary camera alongside a 12MP ultrawide lens, a significant leap for photography enthusiasts.
The device sports a 6.1-inch OLED display and is powered by Apple's A18 chipset, ensuring smooth performance. It runs the latest iOS 18 out of the box. Weighing a mere 170 grams, it is a compact and lightweight flagship. It also comes with IP68 dust and water resistance and supports 25W wired and 15W wireless charging.
This aggressive pricing by Croma presents a golden opportunity for consumers to own a premium Apple smartphone with flagship-grade features at a much more accessible price, solidifying its position as one of the best phones to buy under Rs 65,000.
