iPhone 16 available under Rs 50,000: Here is how the deal works

Looking for a premium phone at around Rs 50,000? Well you can get an iPhone 16, if you have the right cards.  The iPhone 16 is currently listed at Rs 65,900 on Flipkart, down from its Rs 69,900 price. Now to bring that price down further with the right bank offer, with Flipkart Axis Bank and SBI credit cards offering up to Rs 4,180 off. Have an old phone lying around? You could save even more through the exchange offer, which shows up to Rs 60,200 off, although the actual value will depend on your device and its condition. For instance if you have an iPhone 12 in good condition and with the brand box, you can grab an additional Rs 20,300 discount.  The effective price will come down to Rs 41,420. And the iPhone 16 itself is still a pretty capable phone in 2026. You get a 6.1-inch Super Retina XDR OLED display, which is bright, sharp and great for everyday use. It is powered by Apple's A18 chip, so you have enough performance for apps, gaming and Apple's AI features without worrying about the phone slowing down anytime soon. The camera setup includes a 48-megapixel main camera and a 12-megapixel ultra-wide camera, giving you plenty of flexibility for everyday photos. You also get a 12-megapixel front camera for selfies and video calls, along with Apple's familiar software experience and long-term iOS support. Also Read: iPhone 16 and iPhone 16 Plus review: Smart upgrades