In a major festive season announcement, leading electronics retailer Croma has unveiled a spectacular price cut on the latest Apple iPhone 16. For a limited time during the Christmas 2025 celebrations, shoppers can purchase the coveted smartphone for an effective price of just Rs 40,990. This aggressive discounting strategy is part of Croma's year-end festive sale aimed at attracting tech enthusiasts.
Breaking Down the Attractive Discounts
The new effective price is not a simple markdown but a combination of multiple lucrative offers. The deal includes an instant cash back of Rs 3,910, directly reducing the upfront cost for the buyer. Additionally, customers can avail a bank discount of Rs 3,000, making the overall proposition significantly sweeter. These combined savings make the iPhone 16 more accessible than ever during this festive period.
Maximize Savings with the Exchange Program
Perhaps the most compelling part of the offer is the exchange program. Croma is offering an exchange value of up to Rs 16,000 on old smartphone models. This high valuation is contingent on the old device being in fully working condition. This exchange scheme allows users to upgrade to the latest iPhone 16 technology while offsetting a substantial portion of the cost with their current device, potentially leading to an even lower final payment.
Festive Season Rush for Premium Tech
This announcement, made on 18 December 2025, is strategically timed to capture the Christmas and New Year shopping rush. Festive sales in India have become synonymous with major discounts on electronics, and premium brands like Apple participating aggressively is a key trend. Such offers significantly boost footfall for retailers like Croma and drive year-end sales figures. For consumers, it represents a prime opportunity to own a flagship device at a near-mid-range price point, blending aspirational value with financial prudence.
The offer underscores the intense competition in the Indian smartphone retail space, where festive periods are critical battlegrounds. With this move, Croma positions itself as a top destination for premium tech deals this season, likely prompting competitive responses from other major retailers. For Apple, it helps in deepening its market penetration in a price-sensitive yet volume-driven market like India.
