The iPhone 16 has become more affordable in India, with Croma reducing the price of the 128GB model to Rs 66,990 from Rs 69,900. This small but meaningful price cut makes the latest iPhone slightly easier to buy, especially for people waiting for early post-launch discounts.
The savings get even better with bank offers. Customers using select cards from ICICI Bank, IDFC First Bank or SBI can claim an additional Rs 4,000 discount at checkout. With this offer applied, the effective price drops to Rs 62,990, giving buyers close to Rs 7,000 off compared to the original price.
This price adjustment comes soon after the launch of the iPhone 17, which naturally encourages retailers to offer stronger deals on the previous model. The iPhone 16 remains a solid device, and the reduced pricing helps it stay appealing for those who want a recent iPhone without paying flagship rates.
. The discount is not limited to the base storage variant. Croma is also offering lower prices on the 256GB and 512GB versions. With the same bank offers available on these models too, customers who need more storage can enjoy meaningful savings across the lineup.
. Altogether, the new pricing and bank offers make the iPhone 16 a strong option for buyers planning an upgrade. With effective prices dipping below Rs 65,000, it offers good value for Apple fans who want a newer model, strong performance and long-term software support without stretching to the latest generation. 
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