The iPhone 16, launched in September 2024, is now available at one of its lowest prices in India. Retailer Croma is offering a major price cut along with additional bank discounts, bringing the effective price of the iPhone 16 below ₹63,000 for eligible customers. The device is also available via the Apple India online store in five colour options.
iPhone 16 Price on Croma Drops to ₹62,990 With Bank Offers
Croma has listed the iPhone 16 (128GB) at ₹66,990, down from the listed price of ₹69,900. The retailer is also offering:
- ₹4,000 instant discount on IDFC First Bank, ICICI Bank, and SBI credit cards
- The same ₹4,000 discount on low-cost EMI plans of more than 6 months
This brings the effective price to ₹62,990, meaning buyers can save up to ₹6,900 on the base model.
Croma has also listed the 256GB and 512GB variants at ₹76,490 and ₹99,900, respectively. These models were officially discontinued by Apple after the launch of the iPhone 17, indicating that Croma may be selling leftover stock.
Recently, Apple reduced the official price of the iPhone 16 by ₹10,000, bringing it down to ₹69,990 from its original launch price of ₹79,990.
iPhone 16 Specifications and Features
The iPhone 16 features Apple’s modern design and updated hardware. Its key specifications include:
Display
- 6.1-inch Super Retina XDR OLED
- Up to 2,000 nits peak brightness
- Dynamic Island
- Ceramic Shield protection
Performance
- Powered by the Apple A18 chip (3nm)
- Six-core CPU
- Five-core GPU
- 16-core Neural Engine
- 8GB RAM
Cameras
- 48MP main camera
- 12MP ultra-wide camera (f/2.2)
- 12MP front camera
Storage Options
- 128GB
- 256GB (discontinued by Apple)
- 512GB (discontinued by Apple)
Software
- Runs on iOS 18
Should You Buy the iPhone 16 Now?
With Croma’s discounts and Apple’s recent price cut, the iPhone 16 is currently one of the most value-for-money iPhones available. At ₹62,990, it offers flagship performance, strong cameras, and the latest iOS experience at a significantly reduced price.
