How much EMI do I have to pay every month to buy iPhone 16? Know the full account

April 07, 2025 ABP Live

iPhone 16 EMI Price: There is a lot of demand for iPhone 16 in the Indian market. There are many models of this phone in the market – iPhone 16, iPhone 16 Pro and iPhone 16e. The price of these Apple mobile phones is so high that it can be a bit difficult for people to buy by paying at once. For this, you can also buy these iPhones on EMI. iPhone 16 is priced at Rs. 79,900 in India

EMI?

If you make a six-month EMI for iPhone 16 with SBI's credit card, then an installment of Rs 12,372 will be deposited at an interest of 15.5 percent every month, which will cost you Rs 74,234. If you make a one-year EMI for iPhone 16, then you will have to deposit an installment of Rs 6,433 at an interest of 15.75 percent, which will make the price of this phone Rs 77,190.

HDFC Bank Debit Card Buys iPhone 16, then the bank charges 16% interest on this loan. If you take a loan for three months, you will have to deposit an installment of Rs 24,300 every month. An installment of Rs 12,390 will have to be paid every month on a six-month loan and Rs 6,440 on a one-year loan. To buy iPhone 16, the same EMI will have to be deposited every month from the credit cards of IDFC Bank, AXIS Bank, Bank of Baroda, Kotak Bank and ICICI Bank.

Punjab National Bank charges 12 percent interest on this model of iPhone 16. If you take a loan for an iPhone from this bank for six months, an EMI of Rs 12,250 will have to be paid every month. On the other hand, if you take a loan for one year, then you will have to deposit Rs 6,307 in the bank every month

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