The best time to buy the cheapest Apple iPhone

In what may be a great deal for those looking to buy an iPhone, Apple has announced a promotional offer on one of its newest smartphones. The Apple iPhone XR, which was launched at the initial price of Rs 76,900, will soon be available for as low as Rs 53,900. However, this price is applicable only to HDFC Bank customers. For others, the iPhone XR (a variant of 64 GB) will be available for Rs 59,900.

While this is the price for the 64GB variant, the other two variants have also seen a temporary price drop. The iPhone XR (128 GB) that was released in Rs 81,900 will be available for Rs 64,900. The variant of 256 GB of the iPhone XR (original price of 91,900 Rs) will be available for 74,900. For HDFC Bank customers, the two variants will have a price of Rs 58,400 and Rs 67,400, respectively.

In particular, the 10% refund on the iPhone XR is available only on credit and debit HDFC bank cards. Potential buyers can also make use of EMI loans at no cost from Bajaj Finance and HDFC Bank Consumer Loans. The promotional offer will begin on April 5 and will be valid until the end of the stock.

The iPhone XR has launched in October as the most "affordable" iPhone of 2018. The other two variants launched in 2018 were the iPhone XS and the iPhone XS Max, which have an initial price of 99,900 rupees. The iPhone XR is powered by the A12 Bionic processor, which is also found in the more expensive iPhones. The smartphone is water and splash resistant and comes with features like FaceID. There is a single 12MP camera on the back, while for selfies there is a 7MP sensor on the front. The iPhone XR offers more screen capacity than the XS, as it has a 6.1-inch liquid Retina display.

The temporary fall in prices on the iPhone XR comes days after it was reported that Apple could start manufacturing its new iPhones in India. A Bloomberg report suggested that Foxconn, the maker of Apple, could start producing the iPhone X series in India soon.