iPhone 16 : If you’ve been planning to upgrade from an older iPhone or switch to Apple’s ecosystem, this might be the perfect time. While the newly launched iPhone 17 is getting all the attention, the iPhone 16 has quietly become one of the most value-for-money iPhones thanks to massive Black Friday 2024 discounts. With price cuts, exchange bonuses and bank offers, the device is now available for under ₹40,000 on major platforms like Amazon, Flipkart and Croma.
Here’s a complete breakdown of the lowest effective prices across retailers

iPhone 16 Black Friday Offer on Amazon
- Listed Price: ₹66,900 (₹13,000 discount)
- Exchange Bonus: Up to ₹47,650
- Example: Trading in an iPhone 15 (128GB) in good condition can fetch ₹30,250
- Effective Price: As low as ₹36,650
- Bank Discount: Additional savings up to ₹4,000
With all offers combined, the effective price of the iPhone 16 on Amazon drops well under ₹40,000.
iPhone 16 Black Friday Offer on Flipkart
- Listed Price: ₹69,900
- Exchange Bonus: Up to ₹57,400
- Example: Exchanging an iPhone 15 (128GB) with original box and no damage yields ₹27,450
- Effective Price: ₹41,550
- Bank Discount: Up to ₹4,000 cashback
After applying bank offers, the iPhone 16 can be purchased for under ₹40,000 on Flipkart as well.
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iPhone 16 Black Friday Offer on Croma
Croma is promoting one of the lowest effective prices among all retailers.
- Listed Price: ₹66,490 (Flat ₹13,410 discount)
- Combine the following to reach the best value:
- Bank offers: Up to ₹4,000
- Exchange bonuses
- Croma discount coupons
- Effective Price: ₹39,990
This makes Croma one of the cheapest places to buy the iPhone 16 right now.
iPhone 16 Black Friday Offer on Reliance Digital
- Listed Price: ₹63,900 (₹16,000 discount)
- Bank Discount: ₹3,000 on select cards
- Effective Price: ₹60,900
While the effective price doesn’t drop under ₹40,000 here, Reliance Digital still offers one of the larger flat discounts.
iPhone 16: Key Features
Despite the launch of the iPhone 17, the iPhone 16 continues to be a powerful device worth considering. Introduced in 2024, it brought major design and performance upgrades, including:
- New vertical dual-camera layout (first major base model redesign since iPhone 13)
- Faster processor
- More RAM
- Enhanced camera system
- Autofocus ultrawide lens
- Dedicated camera button
- Apple Intelligence support
These improvements make the iPhone 16 a solid long-term choice, especially at these reduced prices.
Also read; Apple’s Foldable iPhone Could Be Its Most Expensive Device Ever: Here’s What We Know