
iPhone 16 is available for ~₹24,900 at Amazon India after stacked exchange and bank offers.
Amazon exchange program, plus a discount drive from ICICI Bank, made it available at the historically lowest price.
Limited-time offer showcases Apple's competitive pricing for the flagship device in India's premium market.
In the Indian smartphone market, one exquisite deal stands out among the rest. Apple iPhone 16 (128 GB, Black) now claims an effective price of ₹24,900 on Amazon India. The steep fall from ₹79,990 was to show the extreme competition and irresistible value for anyone craving the latest specs at a reasonable price.
The offer price varies based on discounts, bank promotions, and trade-in deals.
Seemingly launched in India with a whopping price tag of ₹79,990 for the 128 GB variant, the iPhone 16 is now available on Amazon India at ₹73,500, representing an 8% discount. The trade-in program presents up to ₹42,550 for a lightly used iPhone 15, thereby downscaling the effective price to ₹30,950.
For Amazon Pay ICICI Bank credit cardholders, an extra ₹6,050 discount takes the deal even further down to ₹24,900, an absolute steal for the Indian consumer. Other exchange scenarios entail effective prices between ₹24,255 and ₹30,530 based on variant colors, exchange values, and bank schemes.
Amazon Pay + ICICI Bank has launched a credit card that is generally targeted towards maximizing savings. For example, one can avail discounts of ₹6,050 on the Black model and ₹3,645 on the Ultramarine.
HDFC, SBI, and Kotak credit cards also enjoy bank-promoted discounts falling within the range of ₹4,000–₹5,000 and upwards.
iPhone 16 features a 6.1″ OLED screen (2556×1179 pixels, 460 ppi), alloy-enforced build (IP68 rating), and Apple visual intelligence through camera control.
The A18 Bionic chip with 3nm architecture and a 16-core Neural Engine is very speedy, claiming about 30% faster CPU performance along with building up distinct AI support.
Triple Camera Setup (48 MP Fusion + 12 MP telephoto + 12 MP ultra-wide), spatial photo/video, improved wind-noise reduction, and audio mix.
Through these offers, iPhone 16 wins the title of a premium yet accessible smartphone priced under ₹25,000, which is rare for a flagship. The regular price of the Pro models ranges from ₹62,605 (128 GB) to upwards of ₹1.3 lakhs, illustrating how deeply this deal has sweetened the offer for this phone.
This limited offer has had an overwhelmingly positive response, with many customers appreciating the phone for its great camera and fast processing. Industry analysts have remarked that such competitive price cuts strengthen Apple's market share in India and incidentally raise the standards for flagship performance at an attainable price.
Interested buyers should itemize the following checkpoints:
Check the Amazon listing and the current Black model price.
Check the trade-in eligibility and trade-in value for their existing iPhone.
Ensure the use of an ICICI credit card for extra discounts.
Check product availability and price validity at the time of purchase.
The Amazon India unit-based offer for ₹24,900 on the iPhone 16 was confirmed as current on June 6, 2025. According to Amazon's usual policy and bank policy, price or trade-in values change on a day-to-day basis. Such offers remain very time-sensitive.
An alert would be given, prompting consumers to check listings and execute purchases at the earliest because of the high chances that such offers will be withdrawn or stocks will become unavailable.
This deal reflects a major shift in smartphone purchasing trends in India. By combining trade-ins and bank promos, even flagship devices are placed into mid-range budgets. Apple benefits by driving down old-generation stock, while the consumer gains affordable access to high-end hardware.
iPhone 16 is still going to be a reliable performer with long-term software support and AI-driven features. Such bundled discounts certainly make the iPhone 16 an option when other premium competitors remain out of reach.