Among the popular smartphone offers available during the Amazon Great Indian Festival 2026 is the iPhone 16. The 128GB variant is priced at an effective up to ₹71,999 during the sale, as opposed to the current Apple India price of ₹89,900. The sale starts on October 8, while Prime members can enjoy early access from October 7. However, customers who hold eligible SBI cards can also avail of additional discounts. Customers can look forward to exchanging their old devices and receiving cashback as well, which would lower the effective price even further for some customers.
Apple iPhone 16 Price in India and Amazon Sale Details
In September 2024, Apple launched its iPhone 16 series in India consisting of the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max.
Currently, Apple is selling the iPhone 16 128GB model for ₹89,900 in India. The effective price for the same storage variant in the ongoing Great Indian Festival is up to ₹71,999 on Amazon. Which means the sale price is ₹17,901 less than Apple India’s price. Please note the sale price of ₹71,999 is for the 128GB model, so it is advisable for the customers to check the prices for the 256GB and 512GB versions separately.
Amazon Great Indian Festival 2026 starts on October 8, while Prime members can access the sale from October 7.
iPhone 16 Deal: Bank Discounts, Cashback and Exchange Offers
The iPhone 16 price is not the only offer to look at during the Amazon sale. There are also bank and exchange benefits.
- SBI Cards: Cardholders of SBI Credit Card, Debit Card, and Credit Card EMI can qualify for an instant discount of 10% for transactions that are eligible under this facility.
- Amazon Pay ICICI Bank Credit Card: While Prime members can get 5% cashback, non-Prime members are entitled to 3% cashback on qualifying transactions.
- Exchange offer: Customers can exchange their old mobile phones, and their value will depend upon the model and condition of their old phones.
- EMI: EMI option is available on qualifying purchases subject to the terms indicated at checkout.
- Prime access: Prime members can avail of one-day early access to the Great Indian Festival sale.
The final amount can be different depending on the payment method and exchange device. So, the ₹71,999 price should not be treated as the final price for every customer.
iPhone 16 Display and Camera
The iPhone 16 has a 6.1-inch Super Retina XDR OLED display. It is the smaller option in the series and is aimed at users who do not want a large phone.
For cameras, Apple has given the phone a 48MP Fusion main camera and a 12MP Ultra Wide camera. It also gets the Camera Control button, which can be used to open the camera, take photos and adjust camera settings.
The phone also supports Photographic Styles, Night mode and spatial photos and videos. For users buying an iPhone mainly for photos, reels and videos, the camera remains one of the main reasons to pick the iPhone 16.
A18 Chip, Apple Intelligence and Battery
The iPhone 16 runs on Apple's A18 chip and supports Apple Intelligence. The processor is designed for everyday use as well as gaming, editing and other demanding tasks.
Apple Intelligence brings features such as Writing Tools and notification summaries to supported users and regions.
The iPhone 16 is rated to offer up to 22 hours of video playback. It also supports USB-C, MagSafe, wireless charging and 5G connectivity.
With the Amazon sale price moving below ₹72,000, the iPhone 16 is now competing with several Android phones in the same price range. For users who specifically want iOS, Apple's camera system and the A18 chip, the sale makes the older iPhone 16 worth considering.
Read More: Explore Latest Discounts on Apple Products Like iPhone, MacBook, And More Ahead Of Amazon Great Indian Festival Sale 2026
FAQs
Question 1: What would be the new price of the iPhone 16 on Amazon during the Great Indian Festival?
The iPhone 16 128GB is displayed at ‘effective price of ₹71,999’ which is lower than its original price of ₹89,900 on Apple India’s site.
Question 2: Are there any bank offers available on the iPhone 16 purchase?
Purchase made by eligible users of SBI card can avail 10% instant discount while Amazon Pay ICICI card users can avail 5% cashback if they hold Prime membership and 3% in case they do not hold Prime membership.
Question 3: For how long will be the discount on iPhone 16 price available on Amazon?
The focus of the Great Indian Festival will be from 8th October, 2026 but no end date for apputa iPhone 16 discount has been provided.