
Reliance Digital has launched a multi-bank offer for Diwali, effective from 7 November, that can bring the iPhone 16 128GB model below Rs 77,000 for some customers. The listed price of the phone is Rs 89,900. Under the offer, purchases between Rs 50,000 and Rs 99,999 get an instant discount of Rs 3,000, while select credit card EMI payments can fetch an additional Rs 3,500 off. Customers can also exchange an old smartphone, with the company offering up to Rs 20,000 in exchange bonus, potentially reducing the effective price further. The offer runs until 11 November and can be availed only once per card.

Same-day store pickup is available if the phone is in stock at a nearby store, though it depends on the pin code and stock. No-cost EMI is not included, standard interest and GST apply on card EMI, and banks may levy foreclosure charges for early repayment. For comparison, Amazon lists the same model at Rs 76,999, while Flipkart had it as low as Rs 69,900. The article highlights the A18 chipset, long iOS updates and strong resale value as advantages of the iPhone 16 over competitors like the Pixel 10, Galaxy S25 FE and iQOO Neo 9 Pro.
The deal brings the effective price of the base iPhone 16 close to Rs 77,000 after bank discount and a modest exchange of Rs 10,000, though the maximum exchange bonus of Rs 20,000 could lower it further. The fine print matters: no-cost EMI is excluded, standard interest and GST apply, and same-day pickup depends on local stock. Buyers comparing with Amazon's Rs 76,999 or Flipkart's Rs 69,900 will need to weigh the convenience of immediate store pickup against possibly lower online prices. The offer closes on 11 November, and each card can be used only once.
Source: tv9hindi.com
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