iPhone 16 Croma sale explained: Five things you need to know to get the phone at Rs 40,990

iPhone 16

• iPhone 16 can be bought for Rs 40,990 at Croma by stacking multiple offers
• Rs 40,990 price requires instant discount, cashback, exchange, and bonus offers
• Maximum exchange value is Rs 16,000 plus up to Rs 6,000 exchange bonus

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Apple’s latest flagship, the iPhone 16, is currently available at an effective starting price of Rs 40,990 during Croma’s ongoing sale. However, this price is not a flat discount and depends on a combination of offers. Here are five key things you should understand before planning the purchase.

1. The Rs 40,990 price is not the sticker price

The iPhone 16 has an MRP of Rs 69,900. After an instant discount of Rs 3,910, the store price comes down to Rs 65,990. The much lower effective price is achieved only after stacking multiple offers, including cashback and exchange benefits.

2. Cashback plays a key role

Croma is offering a cashback of Rs 3,000 on eligible bank cards. This cashback is applied post-purchase, effectively reducing the final cost further. Buyers should check bank eligibility and terms before proceeding.

3. Exchange value can go up to Rs 16,000

To reach the Rs 40,990 figure, customers need to exchange an older smartphone. The maximum exchange value listed is up to Rs 16,000, which depends on the condition and model of the old device. In this offer scenario, the reference device is an iPhone 14.

4. Exchange bonus adds extra savings

Apart from the base exchange value, Croma is also offering an exchange bonus of up to Rs 6,000. This bonus is applicable only when a qualifying device is exchanged and is subject to stock and evaluation at the time of purchase.

5. EMI option starts at Rs 1,833

For buyers who prefer monthly payments, the iPhone 16 is available with a starting EMI of Rs 1,833. This makes the device more accessible, although the final EMI amount may vary based on tenure, bank, and applicable interest rates.

Overall, the Rs 40,990 price tag is achievable only when all eligible offers—instant discount, cashback, exchange value, and exchange bonus—are combined. Buyers should review each component carefully to ensure they qualify for the full benefit.