iPhone 16 was launched globally in September at a starting price of Rs. 79,900, however, Apple’s exclusive retail store Imagine is offering the smartphone with decent discounts. The premium product seller has joined hands with several banks and online used device marketplace Cashify to provide additional bank offers and exchange deals that can further bring down the effective price of the phone. Notably, the iPhone 16 model features the Action Button, which was only available with the iPhone 15 Pro models last year, and a new Camera Control button. iPhone 16 Discounts and Bank Offers: Details The iPhone 16’s 128GB internal storage variant is priced at Rs. 79,900, but with this deal on Imagine Store, individuals can get an instant discount of Rs. 3,500 and purchase it for Rs. 76,400. However, if a buyer uses ICICI Bank, Kotak Mahindra Bank, or SBI credit cards, they will get a cashback of Rs. 5,000. Additional discounts can also be availed by exchanging an older smartphone via Cashify. The retailer also highlighted that buyers can get a discount …