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Republic Day sale: Apple’s iPhone 12 series to start at Rs 48,900; here’s how it will work

Upto Rs 9,000 discount will be available by trading in an old phone whereas an additional extra cashback of Rs 3,000 on iPhone 12 mini, iPhone XR and iPhone SE.

Apple, Apple iPhone 12,Apple's iPhone 12 was launched at a starting price of Rs 79,900 (Image credit: Anuj Bhatia/Indian Express)

Apple’s iPhone 12 series will be available for a lower price as part of the Republic Day sale. The iPhone 12 is available for Rs 61,900 and the iPhone 12 mini for Rs 48,900. The iPhone 12 mini, the iPhone XR and iPhone SE get an extra discount of Rs 3,000 on their prices as part of the Republic Day sale, and the offer will be valid only till January 26.

This price for the iPhone 12 and the iPhone 12 mini includes bank offers, cashback and further discount in exchange for an older phone. The new offers are listed on the IndiaIStore website, which is an authorised Apple retailer. We explain the new offers on iPhone 12 series below and how these new prices will work out.

iPhone 12 series: Cashback with HDFC Bank

First, there is a cashback offer worth Rs 6000 for HDFC Bank customers on the iPhone 12 series. The iPhone 11, iPhone XR and iPhone SE get a cashback of Rs 5,000. This is available on HDFC Bank credit card and debit cards and EMI scheme. Users will get the cashback once they buy the phones with these cards, so this will only be credited later on.

iPhone 12: Exchange offer

Further, if someone decides to exchange an older smartphone for the new iPhone 12 series, they will get Rs 9,000 discount on the same along with an extra exchange cashback of Rs 3,000. The scheme also applies to the iPhone 11, iPhone XR and iPhone SE.

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This Rs 9,000 value will depend on the phone you are trading. So if you are trading in an iPhone 7 with 32GB storage space, then the phone will be valued at Rs 9,000 and you get another Rs 3,000 bonus on the price.

Apple iPhone 12, iPhone 12 mini, iPhone 12 Pro series: Discounted Prices 

If one were to combine the bank and exchange offers, it could mean significant price reduction on the iPhone 12 and the iPhone 12 mini.

The iPhone 12 will cost Rs 61,900 under these terms and conditions, while the iPhone 12 mini will cost Rs 48,900. As pointed out, the iPhone 12 mini gets an extra discount of Rs 3,000 during the sale. The iPhone 12’s regular price is Rs 79,900 and the iPhone 12 mini is Rs 69,900.


But keep in mind this only happens if you are exchanging an eligible working device and have the HDFC Bank credit or debit card and combine both schemes. 

The iPhone 12 Pro and iPhone 12 Pro Max are also eligible for both offers. They will cost Rs 1,02,900 and Rs 1,12,900 for the 128GB versions respectively. Remember, the exchange price may vary from phone to phone as the one used here is the iPhone 7 with 32GB storage in “average condition”, according to the IndiaIStore website.

Apple iPhone 11, iPhone XR and iPhone SE: Discounted prices

The iPhone 11 is getting a price cut as well with similar offers from HDFC Bank and the exchange scheme. It can be bought for Rs 37,900 if you combine both schemes. The iPhone SE will be available for Rs 20,900 with these offers. The last iPhone on the list is iPhone XR, which will be available for as low as 28,900. All the prices are for 64GB variants of these phones.


However, the iPhone SE and iPhone XR have only one rear camera compared to the iPhone 11, which is the best deal in the list, if you are looking to upgrade and don’t wish to spend more than Rs 40,000. No cost EMI on loans are also available on Bajaj Finserv, IDFC FIRST Bank and Zest.

First published on: 17-01-2021 at 15:59 IST
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