More About Apple iPhone 15 Series

Apple has launched the brand-new iPhone 15 as the successor of the iPhone 14. The iPhone 15 series consist of 4 stunning devices – iPhone 15, iPhone 15 Plus, iPhone 15 Pro & iPhone 15 Pro Max. The iPhone 15 is already getting some attention for fabulous set of cameras, better cattery, cutting edge technology & smooth performance. The prices range from ₹79,900 to ₹199,900. You can pay for the iPhone 15 in monthly installments if you don't want to pay the total amount at once. To do this, you can get an instant loan from Piramal Finance.

What are the applicable fees and charges for iPhone 15 EMI?

Some standard fees and charges are as follows:

Personal Loan Features & Fees	Details

Personal Loan Features & Fees	Details

Personal Loan Interest Rates	12.99%* p.a. onwards
Loan Amount	₹ 25,000 to ₹ 5,00,000
Processing Fees	Up to 5% plus applicable taxes
Loan Tenure	3 - 60 months
Prepayment Charges	₹ 0
Foreclosure Charges	₹ 0
Stamp Duty	At actuals (as per state)
Cheque Bounce Charges	₹ 500 plus applicable taxes
EMI Bounce Charges	₹ 500 plus applicable taxes
EMI Pickup/Collection Charges	₹ 250 per visit plus applicable taxes
Change of Loan Repayment Mode	₹ 500 plus applicable taxes

Personal Loan Interest Rates	12.99%* p.a. onwards
Loan Amount	₹ 25,000 to ₹ 5,00,000
Processing Fees	Up to 5% plus applicable taxes
Loan Tenure	3 - 60 months
Prepayment Charges	₹ 0
Foreclosure Charges	₹ 0
Stamp Duty	At actuals (as per state)
Cheque Bounce Charges	₹ 500 plus applicable taxes
EMI Bounce Charges	₹ 500 plus applicable taxes
EMI Pickup/Collection Charges	₹ 250 per visit plus applicable taxes
Change of Loan Repayment Mode	₹ 500 plus applicable taxes

Loan Cancellation after Disbursement

Interest accrued & due plus applicable taxes

Loan Cancellation after Disbursement

Interest accrued & due plus applicable taxes

*Terms & Conditions Apply

Documents Required for iPhone 15 EMI

To purchase iPhone 15 on EMI, you need to submit a few essential documents to validate your ID, address, and income. This table outlines all the documents required for availing quick funds for iPhone 15.

Document Type	For Salaried Individuals

ID Proof	Aadhaar card, driving license, passport, pan card, voter id
Residence Address Proof	Aadhar card, voter id, utility bills, driving license
Office Address Proof	Not applicable

Income Proof

Bank account statement of salary account, salary slip of the last three months, form 16

How to get iPhone 15 & iPhone 15 Pro on EMI without a Credit Card?

Buying an iPhone 15 or iPhone 15 pro on EMI with zero down payment with Piramal Finance is hassle-free. Follow the 3 Quick Steps –

Step 1: Apply for Instant Loan Online

Get quick finance to your bank account to buy iPhone 15 or iPhone 15 Pro with instant personal loan by submitting digital documents. It only takes a few minutes to complete the process.

Step 2: Set-Up EMI Cycle

Choose how long you want to pay and set up the monthly payment cycle that works best for you.

Step 3: Purchase iPhone 15 on EMI

Once the loan gets credited into your bank account, you can purchase the iPhone 15 or iPhone 15 Pro from your nearby dealer or even from online shopping websites

There is no need to have or apply for a credit card. Following these three steps, you can buy an iPhone 15 on EMI with Piramal Finance.

iPhone 15 EMI Calculation

The below table shows the iPhone 15 EMI cycle for five years with a 12.99% interest rate. (The loan amount is ₹80,00 for 128 GB iPhone 15 based on the official Apple website pricing.)

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

1	₹12,153	₹9,885	₹22,038	₹1,837	₹67,847
2	₹13,829	₹8,009	₹21,838	₹1,820	₹54,018
3	₹15,736	₹6,102	₹21,838	₹1,820	₹38,282
4	₹17,906	₹3,932	₹21,838	₹1,820	₹20,376

1	₹12,153	₹9,885	₹22,038	₹1,837	₹67,847
2	₹13,829	₹8,009	₹21,838	₹1,820	₹54,018
3	₹15,736	₹6,102	₹21,838	₹1,820	₹38,282
4	₹17,906	₹3,932	₹21,838	₹1,820	₹20,376

₹20,376

₹1,462

₹21,838

₹1,820

₹0

₹20,376

₹1,462

₹21,838

₹1,820

₹0

iPhone 15 Plus EMI Calculation

This table shows the iPhone 15 EMI cycle for five years with a 12.99% interest rate. (The loan amount is ₹90,000 for 128 GB iPhone 15 Plus based on the official Apple website pricing.)

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

1	₹13,672	₹10,896	₹24,568	₹2,047	₹76,328
2	₹15,557	₹9,010	₹24,567	₹2,047	₹60,771
3	₹17,703	₹6,856	₹24,559	₹2,047	₹43,068
4	₹20,155	₹4,423	₹24,568	₹2,047	₹22,923

1	₹13,672	₹10,896	₹24,568	₹2,047	₹76,328
2	₹15,557	₹9,010	₹24,567	₹2,047	₹60,771
3	₹17,703	₹6,856	₹24,559	₹2,047	₹43,068
4	₹20,155	₹4,423	₹24,568	₹2,047	₹22,923

₹22,923

₹1,645

₹24,568

₹2,047

₹0

₹22,923

₹1,645

₹24,568

₹2,047

₹0

iPhone 15 Pro EMI Calculation

This table shows the iPhone 15 EMI cycle for five years with a 12.99% interest rate. (The loan amount is ₹135,000 for 128 GB iPhone 15 Pro based on the official Apple website pricing.)

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

1	₹20,508	₹16,344	₹36,852	₹3,071	₹114,492
2	₹23,336	₹13,516	₹36,852	₹3,071	₹91,156
3	₹26,555	₹10,297	₹36,852	₹3,071	₹64,601
4	₹30,217	₹6,635	₹36,852	₹3,071	₹34,384

1	₹20,508	₹16,344	₹36,852	₹3,071	₹114,492
2	₹23,336	₹13,516	₹36,852	₹3,071	₹91,156
3	₹26,555	₹10,297	₹36,852	₹3,071	₹64,601
4	₹30,217	₹6,635	₹36,852	₹3,071	₹34,384

₹34,384

₹2,467

₹36,851

₹3,071

₹0

₹34,384

₹2,467

₹36,851

₹3,071

₹0

iPhone 15 Pro Max EMI Calculation

This table shows the iPhone 15 EMI cycle for five years with a 12.99% interest rate. (The loan amount is ₹160,999 for 256 GB iPhone 15 Pro Max based on the official Apple website pricing.)

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

Year	Principal Amount	Interest payable	Total Amount	Monthly EMI	Outstanding Balance

1	₹24,305	₹19,371	₹43,676	₹3,640	₹135,695
2	₹27,658	₹16,018	₹43,676	₹3,640	₹108,037
3	₹31,472	₹12,204	₹43,676	₹3,640	₹76,565
4	₹35,813	₹7,863	₹43,676	₹3,640	₹40,752

1	₹24,305	₹19,371	₹43,676	₹3,640	₹135,695
2	₹27,658	₹16,018	₹43,676	₹3,640	₹108,037
3	₹31,472	₹12,204	₹43,676	₹3,640	₹76,565
4	₹35,813	₹7,863	₹43,676	₹3,640	₹40,752

₹40,752

₹2,924

₹43,676

₹3,640

₹0

₹40,752

₹2,924

₹43,676

₹3,640

₹0

iPhone 15 Series Pricing & Features

iPhone 15 Variant	Price	Key Features

iPhone 15 Variant	Price	Key Features

iPhone 15 (128 GB, 256 GB, 512 GB)	₹79,900 / ₹89,900 / ₹109,900	Display: 6.1 inches Super Retina display,Ram: 6GB,Main Camera:Dual - 48 MP (wide), 12 MP (ultrawide),Selfie Camera: 12 MP (depth/biometrics sensor),Battery: Li-Ion 3279, non-removable, 50% in 30 mins,Colours: Black, Blue, Green, Yellow, Pink,CPU: Hexa-core ,GPU: 5-core Apple GPU,OS: iOS 17
iPhone 15 Plus (128 GB, 256 GB, 512 GB)	₹89,900 / ₹99,900 / ₹119,900	Display: 6.7 inches Super Retina display,Ram: 6GB,Main Camera:Dual - 48 MP (wide), 12 MP (ultrawide),Selfie Camera: 12 MP (depth/biometrics sensor),Battery: Li-Ion 3279, non-removable, 50% in 30 mins,Colours: Black Titanium, White Titanium, Blue Titanium, Natural Titanium,CPU: Hexa-core ,GPU: 5-core Apple GPU,OS: iOS 17
iPhone 15 Pro (128 GB, 256 GB, 512 GB)	₹134,900 / ₹144,900 / ₹164,900 / ₹184,900	Display: 6.7-inch LTPO Super Retina XDR OLED display,Ram: 8GB,Main Camera:Triple - 48 MP (wide), 12 MP (ultrawide), 12 MP (telephoto),Selfie Camera: 12 MP (depth/biometrics sensor),Battery: Li-Ion 3279, non-removable, 50% in 30 mins,Colours: Black Titanium, White Titanium, Blue Titanium, Natural Titanium,CPU: Hexa-core ,GPU: 5-core Apple GPU,OS: iOS 17

iPhone 15 (128 GB, 256 GB, 512 GB)	₹79,900 / ₹89,900 / ₹109,900	Display: 6.1 inches Super Retina display Ram: 6GB Main Camera:Dual - 48 MP (wide), 12 MP (ultrawide) Selfie Camera: 12 MP (depth/biometrics sensor) Battery: Li-Ion 3279, non-removable, 50% in 30 mins Colours: Black, Blue, Green, Yellow, Pink CPU: Hexa-core GPU: 5-core Apple GPU OS: iOS 17
iPhone 15 Plus (128 GB, 256 GB, 512 GB)	₹89,900 / ₹99,900 / ₹119,900	Display: 6.7 inches Super Retina display Ram: 6GB Main Camera:Dual - 48 MP (wide), 12 MP (ultrawide) Selfie Camera: 12 MP (depth/biometrics sensor) Battery: Li-Ion 3279, non-removable, 50% in 30 mins Colours: Black Titanium, White Titanium, Blue Titanium, Natural Titanium CPU: Hexa-core GPU: 5-core Apple GPU OS: iOS 17
iPhone 15 Pro (128 GB, 256 GB, 512 GB)	₹134,900 / ₹144,900 / ₹164,900 / ₹184,900	Display: 6.7-inch LTPO Super Retina XDR OLED display Ram: 8GB Main Camera:Triple - 48 MP (wide), 12 MP (ultrawide), 12 MP (telephoto) Selfie Camera: 12 MP (depth/biometrics sensor) Battery: Li-Ion 3279, non-removable, 50% in 30 mins Colours: Black Titanium, White Titanium, Blue Titanium, Natural Titanium CPU: Hexa-core GPU: 5-core Apple GPU OS: iOS 17

iPhone 15 Pro Max (256 GB, 512 GB,1TB)

₹159,900 / ₹179,900 / ₹199,900

Display: 6.1 inches Super Retina display,Ram: 8GB,Main Camera:Triple - 48 MP (wide), 12 MP (ultrawide), 12 MP (telephoto),Selfie Camera: 12 MP (depth/biometrics sensor),Battery: Li-Ion 3279, non-removable, 50% in 30 mins,Colours: Black, Blue, Green, Yellow, Pink,CPU: Hexa-core ,GPU: 5-core Apple GPU,OS: iOS 17

iPhone 15 Pro Max (256 GB, 512 GB,1TB)

₹159,900 / ₹179,900 / ₹199,900

Display: 6.1 inches Super Retina display

Ram: 8GB

Main Camera:Triple - 48 MP (wide), 12 MP (ultrawide), 12 MP (telephoto)

Selfie Camera: 12 MP (depth/biometrics sensor)

Battery: Li-Ion 3279, non-removable, 50% in 30 mins

Colours: Black, Blue, Green, Yellow, Pink

CPU: Hexa-core

GPU: 5-core Apple GPU

OS: iOS 17

Advantages of Purchasing Apple iPhone 15 on EMI

Buying an iPhone 15 on EMI can offer several benefits, making it a popular choice for many consumers. Here are some advantages of purchasing an iPhone 15 & iPhone 15 Pro on EMI:

Affordability:

EMI option allows you to spread the cost of the iPhone over several months, making it more affordable upfront. This is especially helpful when you don’t have the funds to pay for the device in full at once.

Access to Premium Devices:

Purchasing iPhone 15 or premium models such as iPhone 15 Pro Max on EMI makes them more accessible, which may otherwise be out of reach due to their high upfront costs.