iPhone16 on EMI
iPhone 16 Pro on low-interest EMIs with
Piramal Finance.
-
- Already Applied?
- Track Application
Buy iPhone 16 on EMI!
The iPhone 16 is here! Upgrade to the latest technology and sleek design without worrying about the cost. With Piramal Finance, you can own the iPhone 16 with easy personal loans, flexible EMIs, low-interest rates, and instant disbursal. Apply Now!
How to get iPhone 16, iPhone 16 Pro & Pro Max on EMI without a Credit Card?
Getting any version of the iPhone 16, including Pro or Pro Max, on EMI with zero down payment through Piramal Finance is easy! Just follow these 3 simple steps:
- Step 1: Apply for an Instant Loan Online
- Get the funds you need in minutes! Apply online for an instant loan by submitting your digital documents to finance any version of the iPhone 16, including Pro or Pro Max. The process is quick, hassle-free, and completed in just a few minutes.
- Step 2: Set Up Your EMI Plan
- Choose a repayment plan that suits you best. Decide your loan tenure and set up a flexible EMI cycle for your budget.
- Step 3: Buy Your iPhone 16
- Once your loan is credited to your bank account, purchase any version of the iPhone 16—Pro or Pro Max—at your nearest store or online shopping website.
No credit card? No problem! With these 3 simple steps, owning your dream iPhone 16 with Piramal Finance is easier than ever.
- Once your loan is credited to your bank account, purchase any version of the iPhone 16—Pro or Pro Max—at your nearest store or online shopping website.
iPhone 16 EMI Calculation
This table shows the iPhone 16 EMI cycle for five years with a 14.49% interest rate. (The loan amount is ₹79,900 for 128 GB iPhone 16 based on the official Apple website pricing.)
-
Labels:
- Year
- Principal Amount
- Interest payable
- Total Amount
- Monthly EMI
- Outstanding Balance
-
Row 1:
- 1
- ₹ 11,736
- ₹ 10,818
- ₹ 22,554
- ₹ 1,879
- ₹ 68,164
-
Row 2:
- 2
- ₹ 13,554
- ₹ 9,000
- ₹ 22,554
- ₹ 1,879
- ₹ 54,610
-
Row 3:
- 3
- ₹ 15,653
- ₹ 6,901
- ₹ 22,554
- ₹ 1,879
- ₹ 38,957
-
Row 4:
- 4
- ₹ 18,078
- ₹ 4,476
- ₹ 22,554
- ₹ 1,879
- ₹ 20,879
-
Row 5:
- 5
- ₹ 20,879
- ₹ 1,675
- ₹ 22,554
- ₹ 1,879
- ₹ 0
iPhone 16 Plus EMI Calculation
This table shows the iPhone 16 EMI cycle for five years with a 14.49% interest rate. (The loan amount is ₹89,900 for 128 GB iPhone 16 plus based on the official Apple website pricing.)
-
Labels:
- Year
- Principal Amount
- Interest payable
- Total Amount
- Monthly EMI
- Outstanding Balance
-
Row 1:
- 1
- ₹ 13,204
- ₹ 12,172
- ₹ 25,376
- ₹ 2,115
- ₹ 76,696
-
Row 2:
- 2
- ₹ 15,520
- ₹ 9,856
- ₹ 25,376
- ₹ 2,115
- ₹ 61,176
-
Row 3:
- 3
- ₹ 17,612
- ₹ 7,764
- ₹ 25,376
- ₹ 2,115
- ₹ 43,564
-
Row 4:
- 4
- ₹ 20,341
- ₹ 5,035
- ₹ 25,376
- ₹ 2,115
- ₹ 23,223
-
Row 5:
- 5
- ₹ 23,223
- ₹ 2,153
- ₹ 25,376
- ₹ 2,115
- ₹ 0
iPhone 16 Pro EMI Calculation
This table shows the iPhone 16 Pro EMI cycle for five years with a 14.49% interest rate. (The loan amount is ₹119,900 for 128 GB iPhone 16 Pro based on the official Apple website pricing.)
-
Labels:
- Year
- Principal Amount
- Interest Payable
- Total Amount
- Monthly EMI
- Outstanding Balance
-
Row 1:
- 1
- ₹ 17,611
- ₹ 16,234
- ₹ 33,845
- ₹ 2,820
- ₹ 1,02,289
-
Row 2:
- 2
- ₹ 20,339
- ₹ 13,506
- ₹ 33,845
- ₹ 2,820
- ₹ 81,950
-
Row 3:
- 3
- ₹ 23,490
- ₹ 10,355
- ₹ 33,845
- ₹ 2,820
- ₹ 58,460
-
Row 4:
- 4
- ₹ 27,129
- ₹ 6,716
- ₹ 33,845
- ₹ 2,820
- ₹ 31,331
-
Row 5:
- 5
- ₹ 2,513
- ₹ 31,331
- ₹ 33,844
- ₹ 2,820
- ₹ 28,818
iPhone 16 Pro Max EMI Calculation
This table shows the iPhone 16 Pro Max EMI cycle for five years with a 14.49% interest rate. (The loan amount is ₹144,900 for 256 GB iPhone 16 Pro Max based on the official Apple website pricing.)
-
Labels:
- Year
- Principal Amount
- Interest Payable
- Total Amount
- Monthly EMI
- Outstanding Balance
-
Row 1:
- 1
- ₹24,305
- ₹19,371
- ₹43,676
- ₹3,640
- ₹135,695
-
Row 2:
- 2
- ₹27,658
- ₹16,018
- ₹43,676
- ₹3,640
- ₹108,037
-
Row 3:
- 3
- ₹31,472
- ₹12,204
- ₹43,676
- ₹3,640
- ₹76,565
-
Row 4:
- 4
- ₹35,813
- ₹7,863
- ₹43,676
- ₹3,640
- ₹40,752
-
Row 5:
- 5
- ₹40,752
- ₹2,924
- ₹43676
- ₹3,640
- ₹0
EMI Calculator
You can calculate the exact iPhone 16 EMI based on your tenure & total interest using the Piramal Finance Emi Calculator
Documents Required for iPhone 16 EMI
To purchase an iPhone 16 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 16.
-
Label
- Document Type
- For Salaried Individuals
-
Row 1
- ID Proof
- Aadhaar card, driving license, passport, pan card, voter id
-
Row 2
- Residence Address Proof
- Aadhar card, voter id, utility bills, driving license
-
Row 3
- Office Address Proof
- Not applicable
-
Row 4
- Income Proof
- Bank account statement of salary account, salary slip of the last three months, form 16
What are the applicable fees and charges for iPhone 16 EMI?
Some standard fees are as follows:
-
Label
- Personal Loan Features & Fees
- Details
-
Row 1
- Personal Loan Interest Rates
- 14.49%* p.a. onwards
-
Row 2
- Loan Amount
- ₹ 50,000 to ₹ 5,00,000
-
Row 3
- Processing Fees
- Up to 3.75% of loan amount
-
Row 4
- Loan Tenure
- 12 - 60 months tenure
-
Row 5
- Part Pre-Payment Charges
- 3% of principal outstanding + GST
-
Row 6
- Stamp Duty
- At actuals + Applicable taxes
-
Row 7
- EMI Date Charges
- ₹ 1000 plus applicable taxes
-
Row 8
- Cash/EMI Overdue/PEMII collection charges
- ₹ 500 plus applicable taxes
*Terms & Conditions Apply
5 Benefits of Buying an iPhone 16 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:
- Affordable Upgrade:
- With EMI options, you can enjoy the latest iPhone 16 without paying the full amount upfront, making it budget-friendly for a premium device.
- Cutting-Edge Technology:
- Access the advanced features of the iPhone 16, including enhanced camera systems, faster performance, and a sleek design, without straining your finances.
- Flexible Payment Plans:
- Choose an EMI tenure that fits your budget, offering you the freedom to plan your finances without compromising on your lifestyle.
- No Credit Card Required:
- With Piramal Finance, you can avail of zero-down payment EMIs without needing a credit card, ensuring hassle-free accessibility.
- Improved Financial Management:
- Spreading the cost over time allows you to manage your expenses better while still owning the latest iPhone 16.
More About Apple iPhone 16 Series
Apple has unveiled the brand-new iPhone 16 as the successor to the iPhone 15. The iPhone 16 series includes four stunning devices: iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max. Known for its advanced cameras, improved battery life, cutting-edge technology, and seamless performance, the iPhone 16 is already capturing attention. Prices range from ₹69,900 to ₹184,900.
If paying upfront is difficult, choose monthly installments. Get an instant loan from Piramal Finance and make owning the iPhone 16 simple and affordable.
iPhone 16 Series Pricing & Features
-
Row 1
- iPhone 16 Variant
- Price
- Key Features
-
Row 2
-
iPhone 16 (128 GB, 256 GB, 512 GB)
-
₹79,900 / ₹89,900 / ₹109,900
-
- Display: 6.1 inches Super Retina display
- Ram: 8GB
- Main Camera: Dual - 48 MP (wide), 12 MP (ultrawide)
- Selfie Camera: 12 MP (depth/biometrics sensor)
- Battery: Li-Ion 3561, non-removable, 50% in 30 mins
- Colours: Black, White, Pink, Teal, Ultramarine
- CPU: Hexa-core
- GPU: 5-core Apple GPU
- OS: iOS 18.1
-
-
Row 3
-
iPhone 16 Plus (128 GB, 256 GB, 512 GB)
-
₹89,900 / ₹99,900 / ₹119,900
-
- Display: 6.7 inches Super Retina display
- Ram: 8GB
- Main Camera: Dual - 48 MP (wide), 12 MP (ultrawide)
- Selfie Camera: 12 MP (depth/biometrics sensor)
- Battery: Li-Ion 4674, non-removable, 50% in 30 mins
- Colours: Black, White, Pink, Teal, Ultramarine
- CPU: Hexa-core
- GPU: 5-core Apple GPU
- OS: iOS 18.1
-
-
Row 4
-
iPhone 16 Pro (128 GB, 256 GB, 512 GB, 1TB)
-
₹119,900 / ₹129,900 / ₹1149,900 / ₹1169,900
-
- Display: 6.3 inches 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 3582, non-removable, 50% in 30 mins
- Colours: Black Titanium, White Titanium, Natural Titanium, Desert Titanium
- CPU: Hexa-core
- GPU: 6-core Apple GPU
- OS: iOS 18.1
-
-
Row 5
-
iPhone 16 Pro Max (256 GB, 512 GB, 1TB)
-
₹144,900/ ₹164,900 / ₹184,900
-
- Display: 6.9 inches 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 4685, non-removable, 50% in 30 mins
- Colours: Black Titanium, White Titanium, Natural Titanium, Desert Titanium
- CPU: Hexa-core
- GPU: 6-core Apple GPU
- OS: iOS 18.1
-
Types of Personal Loan
Personal Loan For Home Improvement
You can use the funds from a personal loan to complete renovations in your home. Moreover, you can also use the funds to expand your home.
Personal Loan For Weddings
Indian weddings can be expensive, but the funds from a personal loan will help you deal with the expenses
Personal Loan for Travel
If you are willing to travel to an exotic location, applying for a personal loan is the way to go.
Car Loan
You can buy your dream car with a flexible car loan, offering freedom of choice and fixed monthly payments.
Emergency Loan
Health insurance may not cover family medical emergencies. Emergency personal loans can help with medical crises.
Festival Loan
The festive season often comes with various expenses, which online insta loans can help cover.
Loan for Women
Empower yourself with a specially designed quick personal loan for women. It provides financial support for various needs with competitive interest rates and flexible repayment options.
Loan for Salaried Employees
Unlock financial flexibility with a personal loan designed exclusively for salaried employees. Get the loan quickly and conveniently.
Education Loan
You can borrow finance online to pay for housing and food while studying at a university in another city or country.
Personal Loan for Bike
Don't wait any longer to own your dream bike. Apply for a personal loan for a two-wheeler and get instant approval.
