It’s never too late to buy an iPhone. If you’ve been thinking about it for a while, right now is the perfect time. Amazon is running big festive discounts on premium Apple devices, and when you combine them with bank offers and exchange deals, iPhones become way more affordable. Popular e-commerce sites are offering heavy festive discounts on iPhones. You can save more by stacking cashback, EMI plans, and exchange offers. This means you could get the latest iPhone 16 for under Rs 50,000 or the iPhone 15 for under Rs 45,000, depending on your eligibility.
iPhone 16: Get It Below Rs 50,000
The iPhone 16 launched at Rs 79,900, but Amazon is now selling it at Rs 66,900 to Rs 66,990 during the sale. That’s a huge drop already. But you can save even more.
Bank Offers and EMI Plans
If you have an Amazon Pay ICICI Bank Credit Card, you’ll get cashback as Amazon Pay balance. You can also choose the No Cost EMI option on select credit cards, which lets you pay in installments without extra charges.
Standard EMI plans start at around Rs 3,250 per month. You can pick tenures from 3 to 24 months. Banks like HDFC, Axis, SBI, ICICI, and Kotak are eligible. Some banks (like HDFC and Kotak) even allow debit card EMI with a small processing fee.
Exchange Offer
Amazon lets you trade in your old smartphone and save up to Rs 44,050 on the iPhone 16. The discount depends on your phone’s model and condition. When you combine this with cashback and EMI discounts, the effective price drops below Rs 50,000 for many buyers.
What Makes iPhone 16 Special?
The iPhone 16 runs on the powerful A18 Bionic chipset, which makes everything super fast. The camera setup includes a 48 MP Fusion lens and a 12 MP ultrawide cameraโperfect for photos and videos. It also has a beautiful 6.1-inch Super Retina XDR OLED display.
Learn More: iQOO 15 Key Specifications Leaked Ahead of Launch: Hereโs What to Expect
iPhone 15: Still a Smart Buy Under Rs 45,000
If you don’t need the latest model, the iPhone 15 is a fantastic deal right now.
Current Pricing
The iPhone 15 (128 GB) originally cost Rs 79,900, but Amazon is now selling it for Rs 53,100 to Rs 47,999 during festive sales. That’s a massive price drop.
Bank Offers and Exchange Deals
Amazon Pay ICICI Bank Credit Card users get up to Rs 1,593 cashback as Amazon Pay balance. No Cost EMI is available, with plans starting as low as Rs 2,327 per month.
You can also exchange your old phone to save up to Rs 44,050 on iPhone 15. This could bring the final price below Rs 45,000 for many buyers.
Why iPhone 15 Is Still Worth It in 2025
The iPhone 15 was the first iPhone to switch from Lightning to USB Type-C charging. This makes it much easier to charge since Type-C is the universal standard now.
It’s powered by the A16 Bionic chip, which delivers flagship-grade performance. The camera system includes a 48 MP main lens and a 12 MP ultrawide lens, plus a 12 MP front camera for selfies. It also has a 6.1-inch OLED display and comes with IP68 water and dust resistance.
Learn More: Oppo Find X9 Display, Camera Specifications Leaked Ahead of October Launch
How to Get the Lowest Price
Here’s a simple step-by-step process to maximize your savings:
1. Visit Amazon During Festive Sales
Check the iPhone deals page when Amazon is running festival sales. That’s when prices drop the most.
2. Choose Your Bank Offers
Use eligible credit cards from Amazon Pay ICICI, HDFC, SBI, Axis, or Kotak to unlock cashback and special EMI rates.
3. Pick No Cost EMI
Spread your payments over several months with zero extra charges. Check which banks offer the lowest rates.
4. Trade In Your Old Phone
Use Amazon’s exchange offer and trade in your working old smartphone. The better the condition, the more you save.
5. Stack Everything Together
Combine instant discounts, bank cashback, EMI plans, and exchange savings to reach the lowest possible price.
Final Thoughts
This festive season on Amazon is the best time to buy an iPhone. Follow the tips above, choose the right bank card, and pick the best exchange deal. You could get your new iPhone 16 for under Rs 50,000 or iPhone 15 for under Rs 45,000. Happy shopping!
Learn More: Xiaomi 17 Pro Max vs iPhone 17 Pro Max: Display, Camera, Battery, and Price Compared
FAQ: iPhone 16 under Rs 50,000, iPhone 15 under Rs 45,000
Can I really get iPhone 16 for below Rs 50,000?
Yes. By using bank offers and exchanging your old phone, eligible buyers are seeing effective prices drop below Rs 50,000 during festive sales.
Is iPhone 15 a better value now?
If you don’t need the absolute latest features, iPhone 15 is a smart choice. Prices are falling under Rs 45,000 when you use exchange and cashback offers.
Which banks qualify for EMI and cashback?
Amazon Pay ICICI is the best for cashback. Most major banks like HDFC, SBI, ICICI, Axis, and Kotak offer standard and no-cost EMI options.
What are the main differences between iPhone 16 and iPhone 15?
The iPhone 16 has the newer A18 Bionic chip, which is faster. The iPhone 15 has the A16 Bionic chip, which is still very powerful. Both have excellent cameras and beautiful OLED screens. The iPhone 15 was the first to introduce USB Type-C charging.
Note: Prices and offers may change based on Amazon’s promotions, your eligibility, and the condition of your exchange device.
