The iPhone 16 Plus has received such a massive price cut that this premium smartphone has now become an incredibly affordable proposition for buyers seeking a large-screen flagship device. The iPhone 16 Plus was originally launched at ₹89,900, but it’s currently available at significantly lower prices across multiple platforms, making it one of the best deals in the premium smartphone category. With bank offers, exchange bonuses, and platform-specific discounts, you can bring home this powerhouse device for substantially less than its original launch price, making the total savings exceed ₹26,000 when you combine all available offers.​

The iPhone 16 is available on Flipkart for competitive pricing with the same feature set as the iPhone 15, but with added AI capabilities through Apple Intelligence, yet significantly cheaper through combined discounts. While Apple had already reduced the iPhone 16 Plus’s official pricing to ₹79,900 following the launch of the iPhone 17 series, retailers like JioMart, Amazon, and Flipkart are offering even more aggressive discounts that bring the effective price down to the mid-60,000 range when all offers are stacked.​

Will the iPhone 16 Price Decrease?

Yes, iPhone 16 prices are expected to continue decreasing, particularly as newer iPhone models are released and inventory clearance becomes a priority for retailers. Historical market analysis indicates that promotional pricing on iPhone models shows a consistent downward trend throughout the year, with the best deals typically becoming available in Q4. Data from price tracking platforms suggests that the average promotional price for the iPhone 16 standard model is projected to decrease from its current levels to even lower prices as we move into the latter half of the year.​

The timing of price reductions is predictable and follows a pattern established over several iPhone generations. After the launch of new flagship models—in this case, the iPhone 17 series—Apple reduces the prices of previous-generation models to maintain competitive positioning and clear stock. The iPhone 16 and iPhone 16 Plus have already experienced significant price cuts following the iPhone 17 launch, with official Apple Store prices reduced by approximately ₹10,000 from launch prices.​

However, the steepest discounts come not from Apple’s official channels but from third-party retailers and e-commerce platforms that use promotional pricing to drive traffic and sales volume. Flipkart, Amazon, and other major retailers typically offer additional discounts during festival seasons, flash sales, and end-of-quarter clearance events. For the iPhone 16 Plus specifically, JioMart’s current offer of ₹65,990 (down from ₹89,900) represents one of the steepest discounts yet, but further reductions are possible as the year progresses and newer models continue to dominate marketing efforts.​

Exchange programs play a significant role in further reducing effective prices. ICICI Bank’s “iPhone for Life” program, for instance, allows you to pay only 75% of the iPhone 16 Plus’s purchase price over 24 months with no extra cost EMI, followed by a 25% assured buyback price when you upgrade to the next iPhone model. This innovative financing mechanism effectively reduces the long-term cost of ownership, making premium iPhones more accessible to budget-conscious buyers.​

Where Is the iPhone 16 Cheapest?

JioMart currently offers the iPhone 16 Plus at its lowest price of ₹65,990 for the 128GB variant, representing the steepest discount available in India as of November 2025. This is approximately ₹13,910 cheaper than the current official Apple Store price of ₹79,900, and a remarkable ₹24,000 cheaper than the original launch price of ₹89,900.​

When combining JioMart’s base price with available bank offers, the effective price drops even further. SBI Platinum credit card holders can claim 5% cashback on EMI transactions with a maximum cashback of ₹1,000, bringing the net price down to approximately ₹64,990. When you factor in exchange bonuses of up to ₹3,000 for trading in old phones, the iPhone 16 Plus can be acquired for around ₹61,990, making it one of the most affordable large-screen flagship options.​

Flipkart offers competitive pricing at ₹76,490 for the iPhone 16 Plus 128GB variant, which while slightly higher than JioMart, still provides substantial savings from the launch price. Flipkart’s advantage lies in its Axis Bank credit card offers providing up to ₹2,500 cashback and additional exchange bonuses, which can reduce the effective price to approximately ₹73,990. Amazon also offers discounts exceeding ₹13,400, bringing the iPhone 16 Plus price down to ₹76,490 with ICICI and SBI bank EMI options providing an additional ₹4,000 in savings.​

Reliance Digital, an Apple authorized reseller, lists the iPhone 16 Plus at ₹67,990 with a 15% discount from the original retail price of ₹79,900. This authorized reseller channel provides the advantage of authentic products with direct Apple warranty coverage and the option to extend protection with AppleCare+, though prices remain slightly higher than e-commerce platforms.​

Apple’s official online store maintains the iPhone 16 Plus at ₹79,900 for the 128GB variant, while authorized retailers like Imagine Store offer the same pricing. These official channels generally don’t offer additional discounts beyond occasional exchange programs and EMI options, making third-party retailers and e-commerce platforms significantly more attractive for price-conscious buyers.​

How Much Is My iPhone 16 Plus Worth?

The resale value of your iPhone 16 Plus depends primarily on its condition, storage capacity, and the buyback platform you choose. According to current market data from trade-in specialists, a new or nearly mint condition iPhone 16 Plus with 128GB storage can fetch up to ₹40,900 through Apple’s official trade-in program. However, third-party buyback merchants often offer higher values than Apple’s trade-in program.​

In the international market, the iPhone 16 Plus commands even higher resale values. BankMyCell’s trade-in market analysis shows that a mint condition iPhone 16 Plus (internationally equivalent to approximately ₹53,000) can be worth $636 USD (approximately ₹52,700), while a good condition unit with minor cosmetic wear retains approximately $553 USD value. A cracked or damaged iPhone 16 Plus retains approximately $347 USD in resale value, demonstrating strong demand even for units requiring repairs.​

For Indian buyers specifically, CashOnPick offers up to ₹51,500 for a used iPhone 16 Plus with 256GB storage, though the evaluation depends on the device’s physical and functional condition. If your device has a broken or cracked display, non-functional buttons, or software issues, CashOnPick will still purchase it but at a lower valuation.​

The condition assessment significantly impacts final valuations. Devices classified as “mint” with no visible marks, perfect functionality, and original packaging command the highest prices, while “good condition” phones with minor cosmetic damage retain 85-90% of mint prices. “Poor condition” devices with functional issues, deep scratches, or cracked screens retain only 50-60% of mint condition values.​

Storage capacity also influences resale value. The 128GB variant commands the lowest prices, while the 256GB and 512GB variants maintain 10-15% premiums due to higher demand among buyers seeking expanded storage. For example, while a mint 128GB iPhone 16 Plus is worth $636, the equivalent 256GB unit might fetch $680-$700 in the international market.​

Key Specifications and Features

The iPhone 16 Plus features a large 6.7-inch Super Retina XDR OLED display with a resolution of 1290 x 2796 pixels, offering stunning visual quality for multimedia consumption and gaming. The display maintains a peak brightness of 2,000 nits in outdoor mode, ensuring excellent visibility even in bright sunlight. This large screen makes the iPhone 16 Plus ideal for users who want a premium viewing experience without paying Pro Max prices.​

Powering the device is Apple’s A18 chipset with a 16-core Neural Engine optimized for Apple Intelligence, enabling advanced AI-powered features while maintaining excellent battery efficiency. The processor delivers smooth performance for apps, gaming, and machine learning tasks, ensuring the device remains future-proof for years.​

The dual camera system includes a 48MP main fusion camera with optical image stabilization (OIS) and a 12MP ultra-wide camera, complemented by advanced computational photography features like Smart HDR 5, Deep Fusion, and Night Mode. The 2x optical-quality telephoto zoom enables users to capture distant subjects without sacrificing quality. Low-light performance is significantly improved over previous generations, making the iPhone 16 Plus excellent for photography in challenging lighting conditions.​

The device supports all Apple Intelligence features introduced in iOS 18, providing advanced AI-powered writing, image generation, and contextual understanding capabilities. Apple Intelligence requires a locally functioning A18 processor to ensure privacy, as computations happen on-device rather than on remote servers.​

Battery life extends up to 27 hours of video playback, one of the longest in the smartphone market. This exceptional endurance means most users can comfortably go two full days between charges under typical usage patterns. The device charges via USB-C with 20W fast charging capability, though significantly faster third-party chargers are available.​

Water and Dust Resistance

The iPhone 16 Plus carries an IP68 rating, meaning it’s fully resistant to dust and can survive submersion in up to 6 meters of water for up to 30 minutes. This rating provides excellent protection against accidental spills, rain, and brief submersion in water bodies.​

Apple Intelligence and Future Software Support

Apple Intelligence represents the next frontier in smartphone AI, with features like intelligent writing tools, image generation capabilities powered by diffusion models, priority message filtering, and smart photo organization. These features work entirely on-device, ensuring privacy while delivering powerful AI functionality. The A18 processor’s 16-core Neural Engine provides the necessary computational power for these advanced features.​

Storage Options and Color Variants

The iPhone 16 Plus comes in 128GB, 256GB, and 512GB storage options, with colors including Ultramarine, Midnight, Starlight, White, Black, and other seasonal variants. The 128GB variant is ideal for users with modest storage needs, while 256GB provides ample space for photos, videos, apps, and games. The 512GB model targets professionals, content creators, and heavy users who require maximum storage flexibility.​

Connectivity and Other Features

The device supports 5G connectivity with dual SIM capability (Nano SIM and eSIM), enabling flexible carrier options and international travel without physical SIM swaps. Advanced sensors include accelerometer, gyroscope, proximity sensor, dual ambient light sensors, barometer, and high dynamic range gyro for comprehensive environmental awareness.​

Why Now Is the Best Time to Buy

With the iPhone 16 Plus available at prices 26-29% below launch prices, combined with aggressive bank offers and exchange programs, this represents one of the best opportunities to own a premium large-screen iPhone. The A18 processor ensures at least 5-6 years of software support and security updates, providing excellent long-term value. For those prioritizing screen size, AI capabilities, and premium build quality while maintaining reasonable pricing, the iPhone 16 Plus at current discount levels represents exceptional value in the flagship smartphone market.