How much EMI will have to be paid to buy iphone 16?
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 mobile phones of apple is so high that it can be a bit difficult for people to buy them by paying in one go. For this, you can also buy this iphone on EMI. The price of iphone 16 in india is Rs 79,900.
How much will iphone 16 be available on EMI?
The iphone 16 has three options of internal storage - 128 GB, 256 GB and 512 GB. This iphone comes with 12 color options. The price of 128 GB model of iphone 16 on reliance Digital is Rs 72,900. Different banks have different interest rates to buy this phone on EMI.
If you make a six-month EMI for iphone 16 with sbi credit card, then every month an installment of Rs 12,372 will be deposited at an interest rate of 15.5 percent, which will make this phone cost you Rs 74,234. If you make a one-year EMI for iphone 16, then an installment of Rs 6,433 will have to be deposited at an interest rate of 15.75 percent, which will make the price of this phone Rs 77,190. If iphone 16 is purchased with hdfc bank debit card, then the bank charges 16 percent interest on this loan. On taking a loan for three months, an installment of Rs 24,300 will have to be deposited 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, you will have to deposit the same EMI 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 six months for iphone from this bank, you will have to pay an EMI of Rs 12,250 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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