- iPhone 11, 11 Pro and 11 Pro Max Specifications and Price
- Check EMI on Credit Card and Personal Loan to buy latest iPhone 11, 11 and 11 Pro Max.
The most awaited event of the year – the Grand Apple Event – just happened at Steve Jobs Theatre, Cupertino, California. Apple CEO, Tim Cook, unveiled the new iPhone 11 Pro and iPhone 11 along with a couple of marvellous surprises. With the new iPhone 11 series, Apple has surpassed all limits, furnishing the fans with top-notch camera, fastest processor, banging dolby atmos speakers and much more. Apple released some more ecstatic revelations like the announcement of the brand new iPad, Apple Originals (a content platform) and the Apple Arcade (a game hub).
All eyes are now on the finance options one can avail to buy these lates iPhones. While some have options to buy it via credit cards, consumer durable and personal loans are also great choices for availing new iPhones. The cost of purchase via any of these financing options will decide which one you would buy. Let’s talk about new iPhones prices and what are the different options through which you can buy one for yourself.
Table of Contents
- 1 Apple iPhone 11/11 Pro/11 Pro Max/XR/XS Price in India August 2020
- 2 iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, iPhone XR and iPhone XS Full Specifications
- 3 Buy Apple iPhone 11/11/11 Pro Max on EMI
- 4 Customized Personal Loan for iPhones
- 5 iPhone X, iPhone 8 and iPhone 8 Plus Got a Whole Lot Cheaper – Check Out the Prices!
- 6 Specs & Features of iPhone X, iPhone 8 and 8 Plus
Apple iPhone 11/11 Pro/11 Pro Max/XR/XS Price in India August 2020
|Apple iPhone Models||Price|
|iPhone 11 (64GB)||INR 68,300|
|iPhone 11 (128GB)||INR 73,600|
|iPhone 11 (256GB)||INR 84,100|
|iPhone 11 Pro (64GB)||INR 1,06,600|
|iPhone 11 Pro (256GB)||INR 1,21,300|
|iPhone 11 Pro (512GB)||INR 1,40,300|
|iPhone 11 Pro Max (64GB)||INR 1,17,100|
|iPhone 11 Pro Max (256GB)||INR 1,31,900|
|iPhone 11 Pro Max (512GB)||INR 1,50,800|
|iPhone XR (64GB)||INR 52,500|
|iPhone XR (128GB)||INR 57,800|
|iPhone XR (256 GB)||INR 74,900|
|iPhone XS (64 GB)||INR 89,900|
|iPhone XS (256 GB)||INR 1,03,900|
|iPhone XS (512 GB)||INR 1,34,900|
iPhone 11, iPhone 11 Pro, iPhone 11 Pro Max, iPhone XR and iPhone XS Full Specifications
|Attributes||iPhone 11||iPhone 11 Pro||iPhone 11 Pro Max||iPhone XR||iPhone XS|
|CPU||A13 Bionic||A13 Bionic||A13 Bionic||A12 Bionic||A12 Bionic|
|Dimensions (inches)||5.94 by 2.98 by 0.33||5.67 by 2.81 by 0.32||6.22 by 3.06 by 0.32||5.94 by 2.98 by 0.33||5.65 by 2.79 by 0.30|
|Weight||6.84 Oz||6.63 Oz||7.97 Oz||6.84 Oz||6.24 Oz|
|Screen Size||6.1-inch||5.8-inch||6.5-inch||6.1 inch||5.8 inch|
|Screen Type||Liquid Retina HD display||Super Retina XDR display||Super Retina XDR display||IPS LCD||Super Retina HD|
|Screen Resolution||1792 by 828||2436 by 1125||2688 by 1242||1792 by 828||2436 by 1125|
|Screen Pixels Per Inch||326 ppi||458 ppi||458 ppi||326 ppi||458 ppi|
|Front Camera||12 MP||12 MP||12 MP||7 MP||7 MP|
|Rear Camera||Dual 12MP Ultra Wide and Wide cameras||Triple 12MP Ultra Wide, Wide and Telephoto cameras||Triple 12MP Ultra Wide, Wide and Telephoto cameras||Single 12MP Wide camera||Dual 12MP Wide and Telephoto cameras|
|Video Camera Resolution||4K, 1080p||4K, 1080p||4K, 1080p||4K, 1080p||4K, 1080p|
Finance Options to Buy iPhone 11, iPhone 11 and iPhone 11 Pro Max – Find the Best One for You
A phone no more a need but status symbol and Apple has made it clear in launching its new iPhone series where the prices go up to ₹1.45 lakhs. These high budget iphones can be bought via a credit card or personal loan or white good loan (consumer durable loan).
White Good Loan Option
You can also avail a white good loan, popular as consumer durable loan, to buy the latest iPhones. The interest rates can range from 15%-25% for a tenure of upto 3 years, while the quantum of loan is likely to be 85%-90% of the cost of the iPhone. The rest 10%-15% has to be paid from your end in the form of a margin. In addition to the interest and margin, you also need to pay a processing fee that equals to about 2% of the loan amount.
You can even check the table below illustrating the applicable EMI and the interest outgo for a period of 3 years on a loan amount calculated at 90% of the cost of the iPhones. The remaining 10% needs to be paid from your end as part of a down payment.
|iPhones||Loan Amount (INR)||Interest Rate||Loan Tenure (years)||EMI (INR)||Total Interest Outgo (INR)|
|64GB||68,300||15%-25%||3||2,368 - 2,716||16,935 - 29,461|
|128GB||73,600||15%-25%||3||2,551 - 2,926||18,249 - 31,748|
|256GB||84,100||15%-25%||3||2,915 - 3,344||20,853 - 36,277|
|iPhone 11 Pro|
|64GB||1,06,600||15%-25%||3||3,695 - 4,238||26,432 - 45,982|
|256GB||1,21,300||15%-25%||3||4,205 - 4,823||30,077 - 52,323|
|512GB||1,40,300||15%-25%||3||4,864 - 5,578||34,788 - 60,519|
|iPhone 11 Pro Max|
|64GB||1,17,100||15%-25%||3||4,059 - 4,656||29,035 - 50,512|
|256GB||1,31,900||15%-25%||3||4,572 - 5,244||32,705 - 56,896|
|512 GB||1,50,800||15%-25%||3||5,228 - 5,996||37,391 - 65,048|
|64 GB||52,500||15%-25%||3||1,820 - 2,087||13,017 - 22,646|
|128 GB||57,800||15%-25%||3||2,004 - 2,298||14,332 - 24,932|
Buy Apple iPhone 11/11/11 Pro Max on EMI
A credit card gives you the option to buy anything instantly. The massive shopping accessibility at both online and offline platforms gives credit card an edge over other finance options. Everytime a new iPhone is launched, banks start offering cashback offers on credit cards. These credit cards give you the option to buy your iPhone instantly with full payment or on EMI. So, let’s understand both the options from a wide angle.
Paying the entire cost at one go relieves you from the burden of interest liability and the taxes. But there is a catch here. The interest and taxes won’t arise provided you have paid the bill in full. A lot of people tend to pay only the minimum due amount, which is calculated at 5% of the outstanding balance in a particular billing cycle, to avoid a default. And the pattern continues…By doing so, they let their credit revolve and add interest & taxes to the bill each month.
The card EMI option, on the other hand, allows you to pay the bills in easy installments for a specific length of time. Usually, the EMI option comes with a tenure of 6 months-3 years at an interest rate of 12%-18% per annum. On the interest charged each month, the concerned credit card issuer will also debit the applicable taxes. It is a good option for those wanting to repay in small chunks. However, if you want to contain the outflow of interest from your pocket, you can choose a comparatively shorter tenure to do so. The taxes will also come down with a reduction in the interest liability.
Example – Suppose you choose to buy iPhone 11 Pro Max with 512GB version. It costs INR 1,41,900 and you buy it using your credit card EMI option. You are planning to choose a 1-year tenure. Assume the interest rate stands at 15% p.a. For 1 year tenure, you would be paying an EMI of INR 12,808 and an interest of ₹11,792. The total cost of the phone would then ₹1,53,692.
Customized Personal Loan for iPhones
You can avail a personal loan, a type of unsecured credit, to buy your desired iPhone. The interest rates are likely to range from 10.85%-25% across the lenders in India. You can definitely negotiate with the lender to lower the rates provided you have a sound credit profile, healthy income and a good repayment potential.
After getting a brief on a personal loan, it’s time to check out the installment you are supposed to pay on a monthly basis. So, let’s calculate the same for each of the iPhones taking into account a 3-year personal loan tenure, in the table below.
|iPhones||Loan Amount (INR)||Interest Rate||Loan Tenure||EMI (INR)||Total Interest Outgo (INR)|
|64GB||68,300||10.85%-25%||3 Years||2,231 - 2,716||12,023 - 29,461|
|128GB||73,600||10.85%-25%||3 Years||2,404 - 2,926||12,956 - 31,748|
|256GB||84,100||10.85%-25%||3 Years||2,747 - 3,344||14,805 - 36,277|
|iPhone 11 Pro|
|64GB||1,06,600||10.85%-25%||3 Years||3,482 - 4,238||18,766 - 45,982|
|256GB||1,21,300||10.85%-25%||3 Years||3,963 - 4,823||21,353 - 52,323|
|512GB||1,40,300||10.85%-25%||3 Years||4,583 - 5,578||24,698 - 60,519|
|iPhone 11 Pro Max|
|64GB||1,17,100||10.85%-25%||3 Years||3,825 - 4,656||20,614 - 50,512|
|256GB||1,31,900||10.85%-25%||3 Years||4,309 - 5,244||23,219 - 56,896|
|512 GB||1,50,800||10.85%-25%||3 Years||4,926 - 5,996||26,547 - 65,048|
|64 GB||52,500||10.85%-25%||3 Years||1,715 - 2,087||9,242 - 22,646|
|128 GB||57,800||10.85%-25%||3 Years||1,888 - 2,298||10,175 - 24,932|
Savings Can Be a Game Changer!
You can use the savings to buy the iPhones and avoid the interest repayment which happens in the case of a loan. The savings can be the balance lying in a bank account, fixed deposit, mutual fund, public provident fund (PPF), among others. However, before using the savings option, you need to do a bit of homework. And that is to check the amount which comes to your hand after withdrawing the money, required to buy the iPhones, from the accumulated reserves. If the amount turns out to be substantial, the lone option of savings can be availed. Otherwise, you can either take the combo of loan and savings or loan alone to buy the iPhones you want.
iPhone X, iPhone 8 and iPhone 8 Plus Got a Whole Lot Cheaper – Check Out the Prices!
|Apple iPhone Models||Price|
|iPhone X (64GB)||INR 91,900|
|iPhone X (256 GB)||INR 1,06,900|
|iPhone 8 (64GB)||INR 39,900|
|iPhone 8 (256GB)||INR 74,900|
|iPhone 8 Plus (64GB)||INR 49,900|
|iPhone 8 Plus (256GB)||INR 83,790|
Specs & Features of iPhone X, iPhone 8 and 8 Plus
The new iPhones come with never seen before features. Wanna delve deeper into the specifics? Check out the table below.
|Apple iPhone X||Apple iPhone 8 Plus||Apple iPhone 8|
Buy iPhone X, iPhone 8 and 8 Plus Via Personal Loan
|iPhones||Loan Amount||Interest rate||Loan tenure|
|EMI||Total Interest Outgo|
|iPhone 8 Plus|
Buy iPhone X, iPhone 8 and 8 Plus Via Consumer Durable Loan
|iPhones||Loan Amount (INR)||Interest rate||Loan tenure (years)||EMI (INR)||Total Interest Outgo (INR)|
|iPhone 8 Plus|