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Islamabad, June 27, 2025: Meezan Bank has introduced new Shariah-compliant easy installment options for the iPhone 16 lineup with just a 5 percent down payment. The scheme includes various iPhone 16 versions such as the iPhone 16, iPhone 16 Plus, iPhone 16 Pro, and iPhone 16 Pro Max models.
Buyers can choose durations of 3, 6, 12, 18, or 24 months, with monthly installments beginning from as low as PKR 20,876 for the standard iPhone 16 (256GB) over a span of two years.
READ MORE: Standard Chartered Launches Interest-Free Installment Plan for iPhone 16
| Model & Storage | Available Colors | Down Payment | 3 Months | 6 Months | 12 Months | 18 Months | 24 Months |
|---|---|---|---|---|---|---|---|
| iPhone 16 256GB | White, Pink, Ultramarine, Teal | 20,000 | 130,732 | 67,786 | 36,396 | 26,013 | 20,876 |
| iPhone 16 512GB | Black, Pink, Teal | 24,000 | 156,552 | 81,714 | 43,588 | 31,515 | 25,000 |
| iPhone 16 Plus 256GB | Ultramarine | 22,000 | 143,771 | 74,547 | 40,029 | 28,607 | 22,968 |
| iPhone 16 Plus 512GB | Black, White, Pink, Ultramarine | 26,000 | 169,505 | 87,980 | 47,914 | 33,728 | 27,089 |
| iPhone 16 Pro 256GB | Natural, Desert | 24,000 | 157,840 | 81,842 | 43,947 | 31,407 | 25,205 |
| iPhone 16 Pro 512GB | Black, White, Desert, Natural | 28,000 | 184,089 | 95,452 | 51,256 | 36,690 | 29,464 |
| iPhone 16 Pro 1TB | Black, Desert, Natural | 32,000 | 210,167 | 108,974 | 58,516 | 41,819 | 33,561 |
| iPhone 16 Pro Max 256GB | Black, Desert | 26,000 | 171,742 | 89,050 | 47,817 | 34,717 | 27,485 |
| iPhone 16 Pro Max 512GB | Black, White, Desert, Natural | 30,000 | 197,182 | 102,213 | 54,885 | 39,294 | 31,479 |
| iPhone 16 Pro Max 1TB | Black, White, Desert, Natural | 34,000 | 223,206 | 115,753 | 62,146 | 44,143 | 35,643 |
