Apple iPhone 16 is now available on Amazon at a massive discount, bringing its price down to just ₹31,500. This limited-time offer has excited smartphone lovers across India. Here’s everything you need to know about the deal, including how to grab it before it’s gone.
Apple iPhone 16 Price Drops to ₹31,500 on Amazon with Exchange Offer
Amazon India is offering a deal that makes the iPhone 16 far more accessible. The 128GB Black variant is currently listed for ₹72,499, which represents a 9% discount from its original price. While that alone is an attractive markdown for a newly launched iPhone, the real magic happens when you combine it with Amazon’s exchange program and select bank offers, bringing the effective cost down to as low as ₹31,500.

How the Price Drops to ₹31,500
The exchange program allows buyers to trade in their current smartphone for instant value against the purchase of the new iPhone. If you happen to own a well-maintained iPhone 15, Amazon is offering up to ₹35,000 as trade-in value. This means that after applying the exchange, the price of the iPhone 16 drops to ₹37,499. Depending on the payment method you choose, you can save even more. For example, certain bank card offers or Amazon Pay cashback deals can bring the effective price down by another few thousand rupees, resulting in a final cost of just ₹31,500.
The buying process is straightforward. You simply visit the Amazon India product page for the iPhone 16 128GB Black, select the exchange option, enter the details of your old phone to check its eligibility and value, and then proceed to add the device to your cart. At checkout, you can apply any available bank offers to maximize your savings. On the delivery date, you hand over your old device to the delivery partner, who will verify its condition before finalizing the exchange.
iPhone 16 Features
What makes this deal particularly noteworthy is that it’s not just about getting a cheaper phone- it’s about getting the latest flagship from Apple at a price point that competes with mid-range Android devices. The iPhone 16 offers a host of improvements over its predecessor, including the powerful A18 Bionic chip for lightning-fast performance, enhanced battery life for all-day use, and a significantly improved camera system that excels in low-light photography. Coupled with the latest iOS 18 features, it delivers a user experience that is both fluid and future-proof.
For anyone already considering an upgrade, this is an opportunity worth acting on quickly. Apple’s flagship devices rarely see significant price drops so soon after launch, and exchange offers depend heavily on the condition and model of the phone you’re trading in. Stock availability and limited-time promotions also mean the window to grab this deal may close faster than expected.
Final Thoughts
If you’re looking for the perfect balance of premium performance, cutting-edge technology, and great value, the current Amazon offer on the iPhone 16 is hard to beat. With the right exchange and payment combination, you could own Apple’s latest flagship for just ₹31,500 a price that, until now, seemed almost impossible for a brand-new iPhone.