Indian retailer Croma has announced a compelling offer on the iPhone 17 Pro 256GB model, allowing customers to purchase the device for an effective price of ₹69,990. This significant price reduction is achieved by combining the exchange value of an eligible old smartphone, an additional exchange bonus, and specific bank cashback incentives.
How the iPhone 17 Pro Deal Works
To avail of the lowest effective price, buyers must participate in Croma's exchange program and utilize eligible bank card offers. The final price of ₹69,990 is a cumulative benefit from these different components. Croma also provides extra perks, including a free case and a discount on AppleCare+, enhancing the overall value proposition.
Exchange Value and Bonus Structure
The exchange value for an old device is a crucial part of this deal. Croma provides an assumed exchange value for previous iPhone models, such as ₹44,500 for an iPhone 15 Pro and ₹53,000 for an iPhone 15 Pro Max, though the actual value depends on the device's condition and assessment at the store. In addition to the exchange value, Croma offers an exchange bonus based on the assessed value of the old device:
- For devices valued between ₹3,000 and ₹9,999: ₹3,000 bonus
- For devices valued between ₹10,000 and ₹14,999: ₹4,000 bonus
- For devices valued between ₹15,000 and ₹17,999: ₹6,000 bonus
- For devices valued between ₹18,000 and ₹29,999: ₹8,000 bonus
- For devices valued at ₹30,000 and above: ₹12,000 bonus
Bank Cashback and EMI Offers
Further reducing the effective price are cashback offers from partner banks. Users of eligible ICICI, HDFC, IDFC First Bank, and AU Small Finance Bank cards can receive a ₹4,000 cashback. For those opting for EMI, HDFC, ICICI, and AU credit card EMI transactions also qualify for a ₹4,000 cashback with six months of no-cost EMI. IDFC credit card EMI users get an even better deal with a ₹5,000 cashback plus six months of no-cost EMI. HDFC Tata Neu cardholders may also benefit from up to 10% savings, subject to terms.
Additional Benefits
Beyond the price reduction, purchasers of the iPhone 17 Pro series are eligible for a free Hyphen case combo, valued at ₹3,499. Croma is also extending a flat 10% discount on AppleCare+ services when purchased alongside an iPhone 17 Pro series device.
How to Avail the Offer
To take advantage of this offer, customers must visit a Croma store with their old smartphone for assessment. Store personnel will determine the exchange value and applicable bonus. Subsequently, an eligible bank card can be used to claim the cashback. Croma advises that the offer is valid while stocks last, and processing fees may apply as per bank and finance partner policies. This exchange offer cannot be combined with other store promotions, except for applicable brand and/or bank cashback offers.
For those not utilizing the exchange program, the iPhone 17 Pro 256GB is listed online at ₹1,34,900, with online offers commencing from September 15.