iPhone 16 installment plan in Pakistan starts at Rs20,876 per month with no interest

iPhone 16 series price, Key specifications leaked

iPhone 16 installment plan in Pakistan starts at Rs20,876 per month with no interest.

As iPhone prices are continuously increasing due to high taxes and rupee devaluation, there is good news for iphone lovers, as you can buy these devices by paying as low as 20,000.

From the iPhone 16, 16 Plus, or the Pro Max, the new plans bring Apple’s premium technology within reach for more people, all while staying true to Islamic financial principles.

Also read: Apple iPhone 16e: Specs and price in Pakistan

With just a 20,000 down payment, you can walk away with the latest iPhone 16 (256GB) and pay the rest over flexible monthly instalments.

The Installment Plan by Meezan Bank allows you to spread the cost over 2 years, paying as low as 20,876 per month.

iPhone 16 (256GB)

Detail Amount 
Monthly Installment Starting at 20,876
Down Payment 20,000
Available Colors White, Pink, Ultramarine, Teal
Installment Tenures 3, 6, 12, 18, or 24 months
Detail Amount 
Monthly Installment Starting at 22,968
Down Payment 20,000
Available Colors White, Pink, Ultramarine, Teal
Installment Tenures 3, 6, 12, 18, or 24 months

iPhone 16 Pro (256GB)

Detail Amount 
Monthly Installment Starting at 25,205
Down Payment PKR 20,000
Available Colors May vary (typically Pro-exclusive colors)
Installment Tenures 3, 6, 12, 18, or 24 months
Detail Amount 
Monthly Installment Starting at 27,485
Down Payment PKR 20,000
Available Colors May vary (typically Pro-exclusive colors)
Installment Tenures 3, 6, 12, 18, or 24 months

All instalment plans are completely interest-free and follow Islamic banking guidelines.

Also read: Google Pixel 9 Pro vs iPhone 16 Pro: Similarities and key differences

That means no hidden charges, no riba, full transparency, and it’s ideal for those looking to stay financially responsible while upgrading their tech.

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