Introduction
Just after the launch of the iPhone 17, the iPhone 16 has started seeing noticeable price cuts. If you’ve been thinking about buying a premium Apple phone without breaking the bank, now might be the perfect moment. In this article, we explain how prices are falling on platforms like Flipkart and Amazon, why this is happening, how much you can save, and whether you should act now or wait for more bargains.
Why the iPhone 16 Price Is Dropping
Apple usually lowers prices of older iPhones when a new model comes out. This makes room for the latest devices, like the iPhone 17, while giving budget-friendly options to shoppers. A phones expert from TechRadar predicts price drops of about $100 once the iPhone 17 launches .
In India, e-commerce sites such as Flipkart and Amazon are already offering impressive discounts to clear inventory and attract buyers .
Current Price Drops in India
iPhone 16e (Entry-Level Model)
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Originally priced at ₹59,900, it’s now available under ₹50,000 on Amazon .
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Example: The 128GB model is listed at ₹53,600 with bank offers bringing the effective price to around ₹49,600 .
iPhone 16 (Standard Model)
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Launched at ₹79,900; currently sells for ₹69,999 on Flipkart. With bank discounts (Axis or SBI), the effective price drops to around ₹66,499 .
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Another offer from Vijay Sales offers it at ₹71,900 with ₹4,000 bank cashback—bringing it down to ₹67,900 .
iPhone 16 Plus
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Initially priced at ₹89,900, now listed at ₹79,999 on Flipkart. With bank offers, the final price is around ₹75,999 .
iPhone 16 Pro & Pro Max
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Amazon India offers the iPhone 16 Pro (128GB) at ₹1,12,900, with bank discounts lowering the price to ₹1,09,900 .
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Flipkart’s GOAT sale slashes prices further: the iPhone 16 Pro Max is now ₹1,09,900 (down from ₹1,29,900), and the Pro is ₹1,54,900 (down from ₹1,64,900). Bank card users can reduce these further by ₹4,000 .
Flash Amazon Deal
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The iPhone 16 (128GB) has dropped to as low as ₹66,500 on Amazon, after including bank discounts and cashback offers .
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Flipkart also offers a lower price of ₹68,999—its lowest ever for the model .
Should You Buy Now or Wait?
Here are your three main options:
1. Buy the iPhone 16 Now
You can already get significant discounts—sometimes more than ₹10,000 off retail. If you need a reliable and powerful phone today, this is a smart buy .
2. Wait for More Drops Post–iPhone 17 Launch
Prices may fall further once iPhone 17 starts shipping. The typical pattern shows a gradual decline following a new model’s release .
3. Wait and Get iPhone 17
If you want the latest features—like rumored improvements, better cameras, and AI tools—waiting may be worth it, despite a likely higher price.
Deals Snapshot
| Model | Launch Price | Current Price (Approx.) | Notes |
|---|---|---|---|
| iPhone 16e | ₹59,900 | ₹49,600 | Strong discount, entry-level model |
| iPhone 16 (128GB) | ₹79,900 | ₹66,500–₹69,999 | Bank offers lower effective price |
| iPhone 16 Plus | ₹89,900 | ₹75,999 | Significant drop with bank deals |
| iPhone 16 Pro | ₹1,19,900 | ₹1,09,900–₹1,12,900 | Flagship price reduced |
| iPhone 16 Pro Max | ₹1,29,900 | ₹1,09,900 | Great Pro Max deal in GOAT Sale |
Tips to Maximize Savings
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Use bank cards: SBI, Axis, ICICI often offer ₹3,500–₹4,000 off.
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Exchange old phone: Cashback on exchange can slash your cost further .
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Shop during major sales: Events like Big Billion Days or Prime Day may bring deeper discounts.
Conclusion
Right now, the iPhone 16 is significantly cheaper than at its launch, with deals ranging from ₹66,500 to under ₹50,000 depending on the model and offers. If you want solid performance and are content with a slightly older generation, it’s a great value. If you prefer waiting for the iPhone 17 for its new features, that’s a valid plan—but expect further band price drops after the launch.