New Delhi, Nov. 11 -- Apple's iPhone 16 is available at a potentially lower effective price on Flipkart, giving buyers a chance to purchase the smartphone for less than Rs.20,000. This offer is valid for the 128GB model, which has been priced at Rs.69,900 on e-commerce platforms. A combination of an eligible bank discount and exchange offer can be used by buyers to lower the final purchase price.

According to a deal spotted on Flipkart and first reported by Cashify on November 10, the discount is currently offered on Flipkart till November 11, 2026. As per the terms of the Flipkart deal, customers with a valid Flipkart Axis Bank credit card can avail a discount of Rs.3,495. Along with this, the platform is offering an exchange benefit of...