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)

DetailAmount 
Monthly InstallmentStarting at 20,876
Down Payment20,000
Available ColorsWhite, Pink, Ultramarine, Teal
Installment Tenures3, 6, 12, 18, or 24 months
DetailAmount 
Monthly InstallmentStarting at 22,968
Down Payment20,000
Available ColorsWhite, Pink, Ultramarine, Teal
Installment Tenures3, 6, 12, 18, or 24 months

iPhone 16 Pro (256GB)

DetailAmount 
Monthly InstallmentStarting at 25,205
Down PaymentPKR 20,000
Available ColorsMay vary (typically Pro-exclusive colors)
Installment Tenures3, 6, 12, 18, or 24 months
DetailAmount 
Monthly InstallmentStarting at 27,485
Down PaymentPKR 20,000
Available ColorsMay vary (typically Pro-exclusive colors)
Installment Tenures3, 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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