With the onset of the festive season of Diwali, the e-commerce battle for shoppers is heating up, with Flipkart unveiling one of the most aggressive smartphone deals of the year. The platform has made the fan favourite iPhone 16 (128GB) potentially available for less than Rs 50,000, provided you check all the right boxes in the discounts section.
The iPhone 16 was already available at a bargain price during the bygone Big Billion Days 2025 sale event, with prices dropping to as low as Rs 51,999. While you may not get the same kind of deal with upcoming sale events, Flipkart still gives you ways to get the iPhone 16 for less than Rs 50,000, as long as you are considering exchanging your existing smartphone and applying additional bank offers.
iPhone 16 Flipkart deal: How to buy it for cheap
Here’s how you can try getting the iPhone 16 at a much lower price.
Base discount: The iPhone 16 continues to be listed at a base price of Rs 69,999 on Flipkart. While the price drops occasionally to as low as Rs 56,999, those moments are extremely rare. Hence, we are considering the iPhone 16’s standard price to be Rs 69,999 for this instance.
Bank card offer: An additional discount of Rs 2,950 can be applied when purchasing the device using a Flipkart Axis Bank card. This incentive lowers the price further to Rs 67,000 approx.
Maximum exchange value: The largest potential saving comes from the exchange offer, which allows buyers to trade in their old smartphones for exchange values of up to Rs 55,790.
For example, Flipkart is offering discounts of up to Rs 21,000 on a well-maintained iPhone 13. A deal like this could drop the price down to as low as Rs 47,000. Additionally, you can rely on selling your old iPhone or Android device through a third-party platform like OLX or Facebook Marketplace and earn even more profits, which indirectly helps in reducing the cost of acquisition of a brand new iPhone 16.
Is the iPhone 16 worth all that effort?
The massive host of upgrades to the iPhone 17 has made the iPhone 16 look ill-equipped in comparison. However, if you manage to get the iPhone for as low as Rs 50,000, you are still getting a great deal, considering the iPhone 16 was Apple’s flagship offering from last year.
With a 3nm A18 chip offering access to Apple Intelligence, the iPhone 16 is one of the fastest smartphones in its price range, offering the most polished user experience. The Ceramic Shield glass protection keeps the display scratch-resistant, and its rear cameras offer the best photography you can have in any premium smartphone.
Hence, the iPhone 16 is indeed a good deal with all the discounts applied.