iPhone 16 Pro Max on EMI: The dream of buying Apple iPhone is no longer difficult as it used to be before. The price of the iPhone 16 Pro Max flagship smartphone definitely comes in the premium category, but in today’s time, due to the EMI facilities of all finance companies and online platforms, you can also bring this phone home without paying a lump sum. The question arises that to take this phone, how much downpayment will have to be given and how much it will be made, EMI?
How much is the price
First of all, let’s talk about its price. The initial price of the iPhone 16 Pro Max is considered to be around Rs 1,29,900 in India, which is for its base variant. As the storage increases, the price also increases. But the EMI option is the most attractive for the common consumer because it does not put a heavy burden on the pocket simultaneously.
If you want to buy this phone on EMI, then you have many options. Some banks and finance companies also get 0% downpayment and no-cost EMI option. That is, you can buy this phone without making any advance payment and you can pay its price every month by paying a fixed amount. For example, if you take the iPhone 16 Pro Max at No-Cost EMI for 12 months, then EMI will have to be given between Rs 10,800 to 11,000 every month.
How much will EMI be made
On the other hand, if you are ready to do a little downpayment, then your EMI may be less. Suppose you do 20 percent of the total price i.e. around ₹ 26,000, then your EMI is reduced at the remaining Rs 1,03,000. In this situation, 12 months EMI will be around 8,500 to 9,000 rupees. Similarly, if you do a downpayment of 33% i.e. about 43,000 rupees, then EMI can come down between 6,500 and 7,000 rupees, especially if you choose a plan of 16 months.
Offer is available on e-commerce websites
Apart from this, some e-commerce websites like Flipkart and Amazon also offer special offers and exchange discounts, which can reduce your total cost. Also, cashback or instant discounts are also available from many banks like HDFC, ICICI, AXIS etc., which makes a difference on EMI.
Overall, buying iPhone 16 Pro Max is no longer fond of rich. EMI plans and downpayment options have also made it possible for middle class consumers. By choosing the right plan and with a little sensibly, this expensive phone can also be purchased in easy monthly installments without putting additional burden on your financial condition.
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