Overview
- Flipkart lists the iPhone 16 (128GB) at Rs 62,900 to Rs 64,900, down from the Rs 69,900 launch price.
- Axis Bank credit cards get a flat Rs 4,000 instant cut, while Flipkart Axis, SBI, or HDFC cards take about Rs 3,145 off.
- Adding an eligible exchange often brings the effective price under Rs 55,000, with best‑case deals dipping below Rs 50,000 per Times Now’s report on Flipkart’s offer.
- Exchange values hinge on the old phone’s condition and on delivery PIN‑code eligibility, so the lowest figures are not guaranteed for every buyer.
- In a separate offer, Vijay Sales lists the iPhone 16 Plus at Rs 77,490 from Rs 89,900 with extra discounts for HDFC and OneCard users.