The Apple iPhone 15 has officially entered the “budget premium” category in India. With the iPhone 16 and the latest iPhone 17 series now dominating the flagship market, the iPhone 15 has seen a significant price cut. For buyers looking for the Apple experience without paying over ₹80,000, now is arguably the best time to buy.
As of February 2, 2026, retailers like Flipkart, Amazon, and Vijay Sales have rolled out fresh discounts, especially with Valentine’s Day sales around the corner.
Current iPhone 15 Price in India (February 2026)
The official price of the iPhone 15 has dropped multiple times since its launch in 2023. While the MRP on the official Apple India store remains higher, third-party sellers are offering deep discounts.
Here is the current pricing breakdown for the base model (128GB):
| Retailer | Standard Price | Offer/Sale Price |
| Flipkart | ₹59,900 | ₹51,999 – ₹54,900 |
| Amazon India | ₹59,900 | ₹51,999 (Blue/Black variants) |
| Vijay Sales | ₹59,900 | ₹53,900 |
| Croma | ₹59,900 | ₹54,500 |
Note: Prices fluctuate daily based on stock and colour availability. The “Black” and “Blue” variants are currently seeing the lowest prices.
Bank Offers and Exchange Deals
To get the price under ₹50,000, you need to use bank offers. Currently, most platforms are offering instant discounts for ICICI, SBI, and HDFC cardholders.
- Bank Discount: Flat ₹2,000 to ₹4,000 off on Credit Card EMI transactions.
- Exchange Bonus: Retailers are offering an extra ₹3,000 to ₹5,000 off if you exchange an old smartphone (like an iPhone 11 or 12).
- Effective Price: With a bank offer and a decent exchange value, the effective price of the iPhone 15 can drop to around ₹43,000, making it a steal in 2026.
Why Has the Price Dropped?
The price drop is natural for a two-year-old device. With the launch of the iPhone 17 series late last year (2025), the iPhone 15 is no longer the “new” kid on the block. Apple typically reduces the price of older models to clear stock and target buyers who find the new iPhone 17 (starting at ₹82,900+) too expensive.
However, unlike older models like the iPhone 13, the iPhone 15 remains highly relevant because it was the first non-Pro iPhone to feature the Dynamic Island and the USB-C port.
Is iPhone 15 Still Worth Buying in 2026?
Yes, absolutely. Here is why the iPhone 15 is still a smart buy in 2026:
- USB-C Port: It has the modern universal charging port, just like the iPhone 16 and 17. You do not need to carry a separate Lightning cable.
- Performance: The A16 Bionic chip is still faster than most Android flagships in the ₹50k range. It handles gaming and editing smoothly.
- Camera: The 48MP main camera captures excellent photos. Unless you are a professional photographer, you won’t miss the upgrades in the newer models.
- Software Support: Apple will likely support the iPhone 15 with iOS updates until 2029 or 2030.
Who should skip it?
Read More : iPhone 18 Pro
If you want Apple Intelligence (AI) features or the absolute best battery life, you should look at the iPhone 16 or iPhone 17, as they have more efficient processors and larger batteries.
What Happens Next?
Prices are expected to remain stable around the ₹52,000 mark for the next few months. However, watch out for the Valentine’s Day Sales (Feb 10–14) on Amazon and Flipkart. Historically, prices dip slightly further during this week to attract gift buyers.
If you are waiting for it to drop below ₹40,000 without exchange, you might have to wait for the Big Billion Days sale in September/October 2026.
Frequently Asked Questions (FAQs)
Q1: What is the lowest price of iPhone 15 right now?
The lowest direct price without exchange is approximately ₹51,999 on Amazon and Flipkart for the 128GB variant.
Q2: Does iPhone 15 have 5G?
Yes, the iPhone 15 supports 5G networks (Airtel and Jio) in India with excellent speeds.
Q3: Is the charger included in the box?
No, Apple only provides a USB-C to USB-C cable in the box. You have to buy the power adapter (charger) separately.
Q4: Should I buy iPhone 15 or iPhone 16?
If your budget is tight (under ₹55k), buy the iPhone 15. If you can spend around ₹65k-₹70k and want Apple Intelligence features, go for the iPhone 16.
Q5: Which is the cheapest colour?
Usually, the Blue and Black colours are available at the lowest prices during sales.
