
The Apple iPhone 16 was launched in September 2024 with a starting price of Rs. 79,900 for the 128GB variant, Rs. 89,900 for 256GB and Rs. 1,09,900 for 512GB. Today, Amazon India’s limited time offers, and exchange deals have driven the effective cost of the 128GB model down to nearly Rs. 30,000 – the biggest drop yet for this series.
Original Launch Pricing
Storage | Launch Price (INR) |
128GB | 79,900 |
256GB | 89,900 |
512GB | 1,09,900 |
Current Amazon Listing
The iPhone 16 (128GB, White) is currently retailing at Rs. 72,900 on Amazon India. This base price serves as the starting point for several stacked offers that can drastically reduce the out-of-pocket expense.
Exchange Offers
Customers trading in a qualifying iPhone 15 model in good condition can unlock significant savings:
- iPhone 15 (128GB): Up to Rs. 37,150 off, bringing the net price to Rs. 35,750
- iPhone 15 (256GB): Up to Rs. 39,500 off, bringing the net price to Rs. 33,400
- iPhone 15 (512GB): Up to Rs. 39,650 off, bringing the net price to Rs. 33,250

Additional Discounts
On top of the exchange benefit, buyers can stack further reductions:
- Amazon Pay ICICI Bank Credit Card: Flat 3% discount (Rs. 2,205)
- Amazon Prime Members: Extra 5% instant discount (Rs. 3,675) when using the ICICI credit card
- Miscellaneous bank and promotional offers can be applied as well
Combining the exchange value, credit-card rebate and Prime perk, the effective price of the iPhone 16 (12GB) can dip below Rs. 30,000, marking an exceptional opportunity for those eyeing an upgrade. For any iPhone enthusiast, this window of savings on Amazon India makes now the ideal moment to pull the trigger.
iPhone 16 Key Specs
BODY | 147.6 x 71.6 x 7.8 mm, Weight: 170 grams |
BUILD | Glass Front (Ceramic Shield Glass), Aluminium Frame, Glass Back |
RESISTANCE | IP68 (up to 6m for 30 min) |
DISPLAY | 6.1″ FHD+ Super Retina XDR OLED, 60Hz, 2000 nits (Peak), 460 ppi, HDR10, Dolby Vision |
CHIPSET | Apple A18 (3 nm) / Apple 5-Core GPU |
STORAGE | 128GB, 256GB, 512GB (NVMe) |
RAM | 8GB |
SOFTWARE | iOS 18 |
REAR CAMERA | 48MP, f/1.6, OIS (Wide Angle) + 12MP, f/2.2, 120˚ (Ultra-Wide) / 4K@30/60fps |
FRONT CAMERA | 12MP, f/1.9 (Wide Angle) / 4K@30/60fps |
BATTERY | 3561 mAh (Li-Ion) |
CHARGING | Wired, PD2.0 / 25W Wireless (MagSafe) / 15W Wireless (Qi2) / 4.5W Reverse Wired |
NETWORK | Dual SIM (Nano SIM + eSIM) / No. of 5G Bands: 24 |
CONNECTIVITY | USB Type-C 2.0, Wi-Fi 7, Bluetooth 5.3, NFC |
MULTIMEDIA | Stereo Speakers with Dolby Atmos / HDR10, Dolby Vision Video Playback |
SENSORS | Face ID, Proximity, Accelerometer, Barometer, Compass, Gyroscope, Light Sensor |
COLOURS | Black, White, Pink, Teal, Ultramarine |
So, if you want to upgrade your old iPhone with a new one then it’s the best time to do it.