Black Friday Sale is here and people are already buying iPhones at unbelievable prices. Recently, a Delhi based entrepreneur took to ‘X’ to share how his employee with a modest salary of Rs. 26,000 bought a Rs. 70,000 iPhone. Kawaljeet Singh who is the co-founder of Khadak Singh Da Dhaba and the founder of the China Door has shared this anecdote. He expressed his astonishment of learning that his employee made such irresponsible financial choices.
Kawaljeet Singh said that the employees joined his company as a delivery driver and, within a few years, rose through the ranks and now takes care of the local operations. He engineered the purchase by taking an advance from the company and making a down payment for a 12-month EMI. He further mentioned in detail the breakdown of how he was able to make the purchase.
“One of my Operations Manager with Rs 26k salary has just bought a 70k iPhone. His financing plan: 1 month salary advance from us. 14k cash payment. 30k online financing with approx 3k monthly EMI for 12 months. And, by the way, he has 3 kids & a dependent wife at home. Mind= Blown!” wrote Singh on X (formerly Twitter).
One of my Operations Manager with 26k salary has just bought a ~70 k iPhone.
— Kawaljeet Singh (@kawal279) November 26, 2025
His financing plan⬇️
1 month salary advance from us
14k cash payment
30k online financing with approx 3k monthly EMI for 12 months.
& btw he has 3 kids & a dependent wife at home
Mind= Blown !
Social Media Reactions
As the post gained significant traction, a section of social media users expressed concerns over the man’s financial planning, while others called out Singh for offering low wages.
I think someone needs to do an intervention about this to him. He needs to sit down with a well-educated finance advisor who can make him understand what he’s doing,” said one user, while another added: “Demean your own employee online just so that you project yourself as financially sound.”
A third commented: “Same with one of my staff, but later I found out he has a YouTube channel and a local content creator! It was an investment! Depends! If it’s just FOMO then you are right to point out!”
A fourth said: “Associates in my office with a salary or 18-20k are buying iPhones on the launch date with an interest of 24-28 per cent pa, and then they do rides on Rapido to pay that.”
How to buy iPhone 16 under Rs. 40,000?
Since the Black Friday Sale is currently live so if you want to get your hands on the iPhone 16 at Rs. 40,000 read below.
Amazon has listed the iPhone 16 at Rs. 66,900, this price is itself a Rs. 13,000 discount from the MRP. However if one exchanges his old device Amazon is offering an exchange bonus of upto Rs. 47,650. For instance the iPhone 15 with 128GB storage and no damage on body and screencan earn upto Rs. 30,250.
Although one should check the device to get an appropiate value and then calculate the cost. So the iPhone 16 price after deducting the exchange value comes down to Rs. 36,650 if one also avails the bank discount of Rs. 4,000.
