Croma's running a promotion that makes the iPhone 17 Pro look shockingly affordable, but here's the catch: the magic Rs 69,990 price tag isn't what it seems. The 256GB model actually lists at Rs 1,26,490 online, and Croma's hitting that number with a combo of exchange value, bonus credits, and bank cashback that only certain buyers can actually claim.
Here's how the math works. You need an iPhone 15 Pro to trade in, and Croma values it up to Rs 44,500 depending on the model and condition. Then there's an exchange bonus of up to Rs 12,000, which changes based on your old phone's value slab. Finally, if you're using an eligible credit card from ICICI Bank, HDFC Bank, IDFC First Bank, or AU Small Finance Bank, you get Rs 4,000 cashback. Stack all three together and you hit that Rs 69,990 figure, but only if you qualify for the maximum benefit at every step.
If your iPhone 15 Pro gets valued lower during inspection, the effective price jumps up. The exchange bonus also scales down accordingly. Croma's clear about this in the fine print, but their promotional headline makes it sound way easier than it actually is. Not everyone walking in with an older iPhone will walk out with the same deal.
The iPhone 17 Pro Max gets the same treatment, dropping to an effective Rs 74,990 for the 256GB version when you trade in an iPhone 15 Pro Max and hit all the bonus targets. Beyond the price cuts, Croma's throwing in a free Hyphen case combo worth Rs 3,499 and a flat 10% discount on AppleCare+. There's also six-month no-cost EMI available under specific conditions.
The reason for the aggressive promotion is straightforward: Apple's moving forward with newer models, and Croma's clearing inventory of the iPhone 17 Pro. It's a solid deal if you've actually got the right trade-in phone and the right credit card, but don't let the headline number fool you into thinking everyone gets the same price.
Compare refurbished phones priced between ₹60,000 and ₹70,000 across trusted stores →