If you’ve been waiting to grab the latest iPhone 16 cashback offer, now is the perfect time. Apple’s 2024 flagship has seen a significant price drop in India and is now available at just ₹68,400, thanks to a limited-time ₹4,000 instant cashback offer on select bank cards. The offer does not require an exchange, making it one of the best current deals on an iPhone in India.

iPhone 16 Price in India: Latest Deal Breakdown
Launched in September 2024 at ₹79,900 for the 128GB model, the iPhone 16 is now being sold at a revised retail price of ₹72,400 via Apple-authorised resellers. But if you use an ICICI Bank, Axis Bank, or Kotak Bank credit/debit card, you are eligible for an instant cashback of ₹4,000.
Final Price with Cashback: ₹72,400 – ₹4,000 = ₹68,400

You do not need to exchange an old smartphone to claim this discount, though trade-in options can further lower your final price depending on the device condition and model iPhone 16 cashback offer.
Colour Options Available:
- Black
- Pink
- Teal
- Ultramarine
- White
Where to Buy:

- Amazon India
- Apple Authorised Resellers
- Flipkart
Keep in mind that the Amazon Prime Day Sale 2025 is just weeks away and may bring similar or better discounts on iPhones.
iPhone 16 Specifications and Features
The iPhone 16 brings notable improvements in performance, camera tech, and usability. It’s powered by Apple’s new A18 chip and offers 8GB of RAM with storage options up to 512GB. The base variant ships with 128GB.
Key Specs:
- Display: 6.1-inch Super Retina XDR OLED, 60Hz
- Chipset: Apple A18
- RAM: 8GB
- Storage: 128GB / 256GB / 512GB
- Rear Cameras: 48MP (wide) + 12MP (ultrawide)
- Front Camera: 12MP
- OS: iOS 18 (upgradable to iOS 26)
- Battery: 3,561mAh with USB-C and MagSafe support
- Other Features: Action Button, Photographic Styles Gen 2

Apple Intelligence and iOS 26 Update
The iPhone 16 is also the first non-Pro iPhone model to fully support Apple Intelligence, including real-time voice translation, enhanced Siri suggestions, and smarter image recognition. The upcoming iOS 26 update promises even deeper integration with AI and productivity tools.
iPhone 16 vs iPhone 15: Is It Worth Upgrading?
If you’re using an iPhone 13 or earlier, this is a compelling upgrade. The A18 chipset offers a substantial leap in processing power and battery optimization, while the improved ultrawide camera, USB-C charging, and new Action Button add meaningful usability features.
Apple is also hinting at the upcoming iPhone 17 Air, but for now, the iPhone 16 sits as the most balanced option for users who want flagship performance without crossing ₹70,000.
Conclusion: Should You Buy the iPhone 16 Now?
At ₹68,400 with no trade-in required, the iPhone 16 cashback offer is one of the best deals currently available in India. With Apple Intelligence support, strong cameras, and future-proof hardware, this is a deal worth grabbing — especially before Amazon Prime Day brings more competition into the market.
For more updates on iPhone offers and iOS updates, stay connected with The Morning News Informer.