If you have been waiting to buy yourself an iPhone 16 for a long time, this news may be useful for you. On the occasion of Diwali, Reliance Digital has launched its multibank offer from November 7. In this sale you are getting instant discount on shopping through bank card. Apart from this, the price can also be reduced by exchanging the old smartphone. By availing both these offers, some customers can get the 128GB model of iPhone 16 for less than ₹77,000. Another special feature of this deal is the same day store pickup facility. That is, if the phone is available in your nearest store, you can collect it from there on the same day of ordering.
iPhone 16 Price and Bank Offers on Reliance Digital
Under Reliance Digital’s offer, a direct discount of ₹3,000 is being given on purchases between ₹50,000 to ₹99,999. At the same time, those paying EMIs through select credit cards can get a discount of ₹3,500. The offer is valid from 31st October to 11th November and can be availed only once per card.
However, this offer does not include the brand’s unsubsidized EMI. Normal interest and GST will be payable on the card EMI. If you pay the EMI before the stipulated time, the bank may also impose a foreclosure charge.
The price of iPhone 16 will be further reduced through exchange
The listed price of the 128GB model of Apple iPhone 16 in India is ₹89,900. After getting a discount of ₹3,000 from Reliance Digital, the price of this phone comes down to ₹86,900. Now if you exchange your old phone and get around ₹10,000, the effective price of iPhone 16 comes down to ₹76,900.
The company is also offering an exchange bonus of up to ₹20,000 on old phones. The value of old phones in stores is usually estimated by SwapEasy. However, same day pickup facility will depend on your zip code and phone stock in store.
What is the price on Amazon and Flipkart?
On the other hand, the 128GB model of iPhone 16 is listed for ₹76,999 on Amazon. Its lowest price on Amazon was also ₹76,999 in the last 15 days, while it reached ₹69,900 on Flipkart. Pricing and availability varies across online platforms. In such a situation, Reliance Digital’s option to exchange and receive the phone on the same day may be beneficial for some customers.
Why buy iPhone 16 over other smartphones?
The biggest strength of iPhone 16 compared to phones like Pixel 10, Galaxy S25 FE and iQOO Neo 9 Pro is its A18 chipset. It performs better in single-core performance. Apart from this, updates have been available on iOS for a long time and the resale value of iPhone in India is also strong. If you want to buy a new iPhone, this Reliance Digital offer is available till November 11.
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