iPhone 16 price drops to Rs 40,990 in Croma sale: How the deal works and why you should grab it
Croma is offering iPhone 16 for as low as Rs 40,990 with bank offers and exchange benefits. With solid performance, long-term iOS support, and flexible EMI options, this is one of the strongest iPhone deals available right now. Here is how it works.

If you’ve been hesitant about upgrading your iPhone or are planning to switch to the Apple ecosystem without busting your budget, this could be the moment you’ve been waiting for. Croma has cut the price of iPhone 16, now this phone is available for Rs 40,990. The deal is part of its ongoing Chromtastic December Sale, which is live from December 15 to January 4 across Croma stores and its online platforms, covering everything from smartphones to large home appliances.
That said, the deal isn’t exactly straightforward. Let’s break it down step by step, and then take a look at what the iPhone 16 brings to the table.
How to get iPhone 16 for Rs 40,990 during Croma sale
At face value, the iPhone 16 (128GB) is listed at an MRP of Rs 69,900. However, Croma is offering several offers to bring down the final price significantly. Here’s how the math adds up:
– You can get an instant discount of Rs 3,910.
– Up to Rs 3,000 bank cashback on eligible cards.
– The retailer is also offering an exchange value of up to Rs 16,000 on eligible old devices depending on the model and condition.
– Additionally, there is also an additional exchange bonus of up to Rs 6,000 if you opt for the trade-in deal.
When all these applicable offers are applied, including an eligible exchange, the effective price comes down to Rs 40,990. That said, keep in mind that the final price depends largely on the bank’s eligibility and the condition of your old device, so your final bill may vary.
What does the iPhone 16 offer in daily use
Let’s now take a look at what the iPhone 16 brings to the table. On the front, the phone sports a 6.1-inch Super Retina XDR OLED display, which is one of the best panels you’ll find in this size category. Performance is handled by Apple’s A18 chip paired with a 5-core GPU, making the phone comfortably fast for gaming, multitasking, and long-term use.
On the camera front, you get a 48-megapixel main sensor, a 12-megapixel ultra-wide camera, and a 12-megapixel front camera for selfies and video calls. Battery life is also reliable, and support for up to 25W MagSafe wireless charging adds convenience for users already invested in Apple’s accessory ecosystem.
So, will you buy it? The iPhone 16 is a capable phone with long-term software support, which means it can easily last you for many years. While the iPhone 17 is already on sale, the iPhone 16 still seems like strong value at this price, and it’s worth considering if you want a future-proof iPhone without paying flagship prices.





