The 128GB model now costs only ₹40,990 for customers. The promo period is from December 15 to January 4, and all Croma locations throughout India are offering the promotion, which leads to the highest price drop for a newly released iPhone at the end of this year.
The iPhone 16’s sticker price is ₹69,900, but thanks to the immediate discount, bank cashback, and exchange offers, it can be purchased at a significantly lower price. Croma states that this stacked discount structure is for customers who did not take advantage of the festive sales and are contemplating one last upgrade before the new year.
How to Get the iPhone 16 at ₹40,990
Together, Croma offers several benefits that would reduce the effective price of the device by nearly ₹29,000. The price breakup includes:
- Instant discount: ₹3,910
- Bank cashback: ₹3,000 (on select bank cards or finance partners)
- Exchange value: Up to ₹16,000 on eligible old smartphones
- Additional exchange bonus: Up to ₹6,000
With all eligible offers applied, the final payable amount comes down to ₹40,990. The true worth in exchange is determined by the state and make of the old device that is being exchanged.
Croma remarked that the offering of such high reductions on Apple products is infrequent during the time outside the main festive seasons and recommended the customers to see the stock availability early because of the anticipated demand at the end of the year.
iPhone 16: Key Specifications and Features
The iPhone 16 has five colour options that are White, Black, Pink, Teal and Ultramarine and it is also obtainable in three storage variants which are 128GB, 256GB and 512GB. The important characteristics included are:
- 6.1-inch Super Retina XDR OLED display
- Apple A18 processor
- Dual rear camera setup with 48MP + 12MP sensors
- 12MP front camera
- 25W MagSafe wireless charging
Other Apple Deals in Croma’s December Sale
Get yourself some great discounts from Croma on other Apple products, as well as the iPhone 16.
- iPhone 15 is being sold for ₹36,490 which is a significant reduction from the original price of ₹59,900 due to instant discounts, cashback, and exchange benefits.
- MacBook Air M4, priced at ₹99,900, is available for ₹55,911 after student or teacher discounts, bank cashback and laptop exchange offers are applied. Without exchange, the laptop can still be availed for ₹78,911 through specific offers.
The Cromtastic December Sale has been extended up to January 4, 2026, permitting customers a last chance to update their gadgets at a discount price before the coming year starts.
