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iPhone 16 Installment Plans in Pakistan – July 2025 Update

27 June, 2025 13:00

Meezan Bank has officially revealed its latest Shariah-compliant installment plans for the newly launched iPhone 16 series. The plan covers all major variants—iPhone 16, 16 Plus, 16 Pro, and 16 Pro Max—and is available with an affordable down payment starting at just 5%.

Customers now have the flexibility to choose installment durations of 3, 6, 12, 18, or 24 months, with monthly payments beginning as low as PKR 20,876 for the base iPhone 16 256GB model.

Here’s a brief breakdown of the updated installment structure:

  • iPhone 16 256GB (White, Pink, Ultramarine, Teal) starts with a PKR 20,000 down payment and PKR 20,876/month for 24 months.
  • iPhone 16 512GB (Black, Pink, Teal) requires PKR 24,000 upfront, with a 2-year plan at PKR 25,000/month.
  • iPhone 16 Plus 256GB (Ultramarine) begins with a PKR 22,000 down payment; monthly installment is PKR 22,968 over 2 years.
  • iPhone 16 Plus 512GB has a PKR 26,000 down payment and costs PKR 27,089/month for 24 months.
  • iPhone 16 Pro 256GB (Natural, Desert) starts with PKR 24,000; 2-year plan is PKR 25,205/month.
  • iPhone 16 Pro 512GB comes with a PKR 28,000 down payment and PKR 29,464/month for 2 years.
  • iPhone 16 Pro 1TB requires PKR 32,000 upfront, monthly PKR 33,561 for 24 months.
  • iPhone 16 Pro Max 256GB has a PKR 26,000 down payment with PKR 27,485/month.
  • iPhone 16 Pro Max 512GB needs PKR 30,000, installment PKR 31,479/month.
  • iPhone 16 Pro Max 1TB starts at PKR 34,000 with PKR 35,643/month for 24 months.

These installment options are available for various colors, including Black, White, Pink, Desert, Natural, Ultramarine, and Teal, giving customers style and payment flexibility.

“Meezan Bank’s iPhone installment plans offer Shariah-compliant financing with low upfront costs and flexible monthly options, making the latest Apple smartphones more accessible than ever.”

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