If you’ve been planning to buy a new iPhone at a budget-friendly price, this is your moment. Amazon is offering the biggest-ever discount on the iPhone 16 during its Black Friday sale. With price cuts, bank offers, and a huge exchange bonus, the effective price can drop below ₹40,000, making it one of the best deals of the year.

Massive price drop on iPhone 16
The iPhone 16 launched in India at ₹79,900, but after the arrival of the iPhone 17 series, its official price dropped to ₹69,900. Amazon has now slashed the price even further:

• Flat Amazon sale discount: ₹3,000
• New price: ₹66,900
• ICICI & SBI credit card discount: ₹4,000

Final effective price (without exchange): ₹62,900
This is the lowest price the iPhone 16 has ever been sold for.

Get the iPhone 16 for under ₹40,000
Amazon is also offering an exchange bonus of up to ₹47,650. The exchange amount depends on:

• Model of the old phone
• Condition (screen, battery, physical state)
• Location & pickup availability

If you have a high-end phone in good condition, the discount can be significant—bringing the effective cost of the iPhone 16 to under ₹40,000.

For an iPhone with a top-tier chipset, this is an exceptional price point.

Key features of the iPhone 16
Powered by Apple’s A18 chipset and paired with 8GB RAM, the iPhone 16 delivers blazing-fast performance. Whether it’s multitasking, gaming, or advanced AI features, the device handles everything smoothly. With long-term software support, it’s a phone built to last for years.

Camera upgrades
The iPhone 16 brings major improvements in the camera department:

• 48MP primary camera
• Upgraded ultra-wide lens
• New Camera Control Button for quick capture
• Exceptional low-light performance
• Better detail, color, and stabilization

Battery & other features
Apple has improved battery optimization, offering longer backup on a single charge. Additional features include:

• Fast charging
• MagSafe support
• 5G performance
• Brighter, more responsive display

Final verdict
An iPhone 16 for under ₹40,000 is almost unheard of—and the Amazon Black Friday deal makes it possible. If you’re looking for a future-proof iPhone with powerful performance and excellent camera upgrades, this is one of the best deals of 2025.