Bank Alfalah has officially introduced an exciting limited-time installment plan for the newly launched Apple iPhone 16 series in Pakistan. This exclusive offer enables customers to purchase the latest iPhone 16 models—ranging from the base model to the high-end iPhone 16 Pro Max—on easy monthly installments with zero percent markup on select tenures.
This deal is part of the bank’s SBS (Step-by-Step) Installment Plan tailored for its credit card holders, giving them the flexibility to convert their purchases into manageable fixed monthly payments.
Flexible Payment Options from 3 to 36 Months
Bank Alfalah offers customers a choice of monthly installment plans for their desired iPhone 16 model. These tenures range from short-term 3-month plans to long-term 36-month plans, designed to suit various budgets.
For tenures of 3, 6, 9, or 12 months, there is 0% markup, making it a highly affordable option for those who want to avoid extra costs. However, a one-time processing fee of 2.5% applies to all purchases regardless of the duration.
For those opting for extended installments of 18, 24, or 36 months, a minimal fixed markup of 2.5% per annum is charged. This ensures affordability while giving customers more time to pay off their devices.
Complete iPhone 16 Series Pricing and Monthly Installment Breakdown
Here’s a complete breakdown of the iPhone 16 models available under this plan, along with their prices and monthly installment options:
| Model | Price (PKR) | 3 Mo. | 6 Mo. | 9 Mo. | 12 Mo. | 18 Mo. | 24 Mo. | 36 Mo. |
|---|---|---|---|---|---|---|---|---|
| iPhone 16 128GB | 317,000 | 105,667 | 52,833 | 35,222 | 26,417 | 23,480 | 18,930 | 13,813 |
| iPhone 16 Plus 256GB | 394,000 | 131,333 | 65,667 | 43,778 | 32,833 | 29,750 | 24,063 | 17,561 |
| iPhone 16 Pro 256GB | 493,000 | 164,333 | 82,167 | 54,778 | 41,083 | 36,750 | 29,750 | 21,354 |
| iPhone 16 Pro Max 256GB | 473,500 | 157,833 | 78,917 | 52,613 | 39,458 | 35,220 | 28,500 | 20,437 |
| iPhone 16 Pro Max 512GB | 548,000 | 182,667 | 91,333 | 60,889 | 45,667 | 40,920 | 32,990 | 25,400 |
PTA-Approved Devices with Official Warranty
All devices under this promotion are PTA-approved and support dual SIM functionality (eSIM + physical SIM), ensuring full compatibility with local telecom operators. Additionally, each iPhone comes with a one-year international Apple warranty, giving customers peace of mind regarding product authenticity and after-sales service.
Priority Delivery and Booking Information
Bank Alfalah is ensuring priority delivery for all eligible orders under this offer. Interested customers can book their iPhone online through the official website at bankalfalah.com or by calling the Bank Alfalah helpline at 021-111-225-111.
Delivery timelines depend on stock availability and will be fulfilled through authorized Apple resellers in Pakistan.
Terms and Conditions You Should Know
- This offer is valid for a limited time only and can be discontinued at any moment based on stock availability.
- A one-time 2.5% processing fee is applicable for all tenures, including the 0% markup options.
- For tenures beyond 12 months, a 2.5% fixed annual markup will be applied.
- Devices will be provided strictly based on availability, and customers are advised to book early.
Why This Matters
Apple’s iPhones are known for their high-end design, performance, and camera capabilities—but affordability has always been a concern in markets like Pakistan. With Bank Alfalah’s new installment offer, a larger segment of tech-savvy consumers can now own the latest iPhone 16 series without the financial burden of paying the full amount upfront.
Whether you are a tech enthusiast, a student, or a professional, this installment plan makes owning a premium smartphone like the iPhone 16 more achievable than ever.
Bank Alfalah’s move to offer a 0% markup installment plan for Apple’s iPhone 16 series is a welcome development for Pakistani consumers. It not only provides financial flexibility but also reaffirms the bank’s commitment to offering customer-centric financial solutions.
If you’re planning to upgrade your smartphone this year, now might be the perfect time to take advantage of this limited-time offer and experience Apple’s latest innovation without the upfront financial strain.
