Best iPhone 16 Deals: Bank and Exchange Offers in India

Front-facing view of Apple iPhone 16 in blue, showcasing edge-to-edge OLED display with iOS home screen; high-resolution product image ideal for tech reviews and e-commerce. — Image Source: Apple Website

Best iPhone 16 Deals: Bank and Exchange Offers in India:

Apple launched the iPhone 16 series with three models:
• iPhone 16
• iPhone 16 Pro
• iPhone 16e

Each model serves a different type of user. Apple released the iPhone 16 and iPhone 16 Pro in September 2024, followed by the iPhone 16e in February 2025. These phones combine advanced technology with stylish design. In this blog, we explore their features, best iPhone 16 deals, prices in Indian currency, and the latest bank and exchange offers.

The first two models iPhone 16 and iPhone 16 Pro were released in September 2024, while the iPhone 16e came out in February 2025.
We now have enough information to understand their features, specifications, prices in India, and available bank and exchange offers. This blog will help buyers make informed decisions.

Image Source: Apple Website

iPhone 16 Features

iPhone 16 – delivers improved performance, longer battery life, and upgraded cameras, making it a solid choice for everyday users.
iPhone 16 Pro – targets professionals and tech enthusiasts by offering powerful cameras, faster processors, and a premium build.
iPhone 16e – provides essential features at a lower cost, making it a smart pick for budget-conscious buyers.

Comparison Table – iPhone 16 devices

Features a sleek aluminium design with a color-infused glass back, available in Black, White, Teal, Pink, and Ultramarine.
6.1-inch Super Retina XDR OLED display, resolution 1179×2556 pixels at 460 ppi, supports up to 2,000 nits peak brightness for outdoor use, HDR display, True Tone, and Wide color (P3).
Protected by the latest-generation Ceramic Shield, twice as tough as any smartphone glass, and rated IP68 for splash, water, and dust resistance, capable of withstanding submersion up to 6 meters for 30 minutes.

*Feature*	*iPhone 16*	*iPhone 16 Pro*	*iPhone 16e*
Starting Price (INR)	₹79,900	₹1,19,900	₹59,900
Display	6.1″ Super Retina XDR	6.3″ Super Retina XDR (120Hz)	6.1″ Super Retina XDR
Chip	A18 (5-core GPU)	A18 Pro (6-core GPU)	A18 (4-core GPU)
Camera	48MP + 12MP Ultra Wide	48MP + 48MP Ultra Wide + 12MP Telephoto	48MP (no Ultra Wide)
Battery Life	Up to 22 hrs video	Up to 27 hrs video	Up to 26 hrs video
Design	Aluminum, Ceramic Shield	Titanium, Ceramic Shield	Aluminum, Ceramic Shield
Bank Offers	Up to ₹4,000 cashback	Up to ₹4,000 cashback	₹4,000 cashback

Apple iPhone 16 Pro in graphite finish, rear view highlighting the triple-camera system and matte glass back; high-quality product shot for tech blogs and online stores. — Image Source: Apple Website

iPhone 16 Deals – Bank and Exchange Offers Analysis

Bank Offers: Include up to 12 months No Cost EMI with eligible cards, and instant cashback of up to ₹4,000 for iPhone 16 and iPhone 16 Pro with American Express, Axis, ICICI, and for iPhone 16e with ICICI, Kotak, HDFC, SBI. These offers are available at Apple’s online store and authorized retailers, with variations depending on the platform (e.g., Amazon offers additional discounts with Amazon Pay ICICI credit card).
Exchange Offers: Apple Trade In allows trading in old devices for instant credit, with values estimated based on device condition and model. Retailers like Amazon and Flipkart may offer additional exchange deals, so checking multiple platforms is recommended for the best value.

MRP (128GB)	iPhone 16 Pro (₹1,19,900)	iPhone 16 (₹79,900)	iPhone 16e (₹59,900)
Instant Store Discount	₹7,000	₹5,000	₹5,000
Bank Cashback	₹3,000	₹4,000	₹4,000
Exchange Value (Old Phone)	₹33,000	₹20,000	₹13,000
Exchange Bonus (up to)	₹6,000	₹6,000	₹4,000
Exchange Effective Price*	₹70,900	₹44,900	₹33,900

Quick Reminder

Subject to stock availability and change without notice.
Read all terms and conditions carefully.
All brand names and trademarks belong to their respective owners.
I’ve tried my best to include all the important details, but this isn’t the final source. Please visit Apple’s official website to confirm the latest information before making a purchase.