The bank’s new instalment plan lets customers buy Apple’s flagship iPhone 16, 16 Plus, 16 Pro, and 16 Pro Max models with zero percent markup on flexible payment plans ranging from 3 to 36 months.

Under this plan, customers can spread their payments over 3, 6, 9, or 12 months without any extra interest, paying only a one-time processing fee of 2.5%. A low fixed markup of 2.5% per annum applies for those opting for longer payment periods of 18, 24, or 36 months.

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The iPhone 16 (128GB) is available for Rs317,000, with monthly instalments starting at Rs26,417 over 12 months. The iPhone 16 Plus (256GB) costs Rs394,000, while the iPhone 16 Pro (256GB) and Pro Max (256GB/512GB) start at Rs473,500 and Rs548,000 respectively, with their respective monthly instalments listed in the plan.

All models are PTA-approved with dual SIM support (eSIM + physical SIM) and come with a one-year international warranty. Customers can book their iPhones online at bankalfalah.com or call the helpline at 021-111-225-111 to place an order.

Under the SBS (Step-by-Step) Instalment Plan, this offer is exclusive to Bank Alfalah credit card holders; purchases can be converted into manageable monthly payments.

This deal depends on stock availability from authorized Apple resellers and is available for a limited time only.