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iPhone 16 Installment Plan in Pakistan starts at Rs20,876 per Month with No Interest

KARACHI – As iPhone prices are sky high due to massive taxes and rupee depreciation, there is good news for tech enthusiasts as you can buy these devices by paying as low as 20,000.

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

The Installment Plan by Meezan Bank allows you to spread 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

iPhone 16 Plus (256GB)

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

iPhone 16 Pro Max (256GB)

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 installment plans are completely interest-free and follow Islamic banking guidelines. That means no hidden charges, no riba, and full transparency and ideal for those looking to stay financially responsible while upgrading their tech.

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