Electronics

iPhone Air EMI in India 2025: Calculator, Zero Down Payment & Bank Offers

Owning the latest iPhone Air in India, starting at ₹1,19,900, has never been easier. Thanks to flexible EMI plans, you can choose to pay in convenient monthly installments instead of bearing the full cost upfront. Options include zero down payment EMI, No-Cost EMI for up to 6 months, and longer-tenure EMIs from banks and finance partners.

For example, if you pick a 12-month No-Cost EMI, your iPhone Air will cost around ₹9,992/month with no interest added. On the other hand, if you prefer longer repayment, a 24-month EMI plan can bring it down to about ₹5,800/month, depending on the bank’s interest rate.

To make it even simpler, we’ve added an iPhone Air EMI Calculator here on emi-offers.in. Just enter the tenure, down payment, and bank preference to see your exact monthly EMI in seconds.

iPhone Air EMI Options in India (₹1,19,900) with Down Payment Choices

The new iPhone Air, priced from ₹1,19,900, can be purchased on EMI through leading banks and finance partners in India. Buyers can choose zero down payment EMI, No-Cost EMI for up to 6 months, or longer-tenure EMIs with or without a down payment.

Sample EMI Breakdown for iPhone Air (₹1,19,900)

Tenure EMI (Zero Down Payment) EMI with ₹10,000 Down Payment
6 Months ₹19,983 ₹18,317
12 Months ₹9,992 ₹9,158
18 Months ₹6,661 ₹6,129
24 Months ₹4,996 ₹4,575

With zero down payment EMI, you can own the iPhone Air immediately without paying anything upfront. If you choose a down payment (like ₹10,000), your monthly installment reduces, making longer tenures more affordable.

iPhone Air Zero Down Payment & No-Cost EMI Options

The iPhone Air (₹1,19,900) can be purchased using either a zero down payment EMI plan or a No-Cost EMI scheme, depending on your bank or finance partner. Both options help spread the cost but work differently.

1. Zero Down Payment EMI

  • Pay nothing upfront.

  • The full iPhone Air price (₹1,19,900) is divided into equal monthly installments.

  • Example:

    • 12-month EMI with ₹0 down payment = ₹9,992/month

    • 24-month EMI with ₹0 down payment = ₹4,996/month

 Best for: Buyers who want to own the iPhone Air immediately without making a down payment.

2. No-Cost EMI

  • Available with leading banks and partners like Axis, ICICI, HDFC, American Express, and Bajaj Finance.

  • Tenures: usually 3 or 6 months.

  • No additional interest; the cost equals the MRP.

  • Example:

    • 6-month No-Cost EMI for iPhone Air = ₹19,983/month

    • 3-month No-Cost EMI = ₹39,967/month

Best for: Buyers who prefer short-term, interest-free EMIs and don’t mind higher monthly payments.

Quick Comparison Table (₹1,19,900 iPhone Air)

Option Upfront Cost Tenure Options Example (Monthly EMI) Best For
Zero Down Payment EMI ₹0 6–24 months ₹9,992/month (12M) / ₹4,996/month (24M) Buyers avoiding upfront spend
No-Cost EMI ₹0 3–6 months ₹19,983/month (6M) / ₹39,967/month (3M) Buyers wanting interest-free payments

Pro Tip

If you want to reduce your monthly EMI, you can make a down payment (e.g., ₹10,000). For the iPhone Air on a 12-month tenure, that brings the EMI down to just ₹9,158/month.

iPhone Air EMI Calculator – With or Without Down Payment

The iPhone Air EMI Calculator makes it simple to see how much you’ll pay per month based on tenure, interest rate, and down payment. Whether you’re considering zero down payment EMI or adding an upfront amount to reduce monthly costs, the calculator gives instant results.

Credit Card EMI
Debit Card EMI

Step-by-Step Guide

  1. Enter the iPhone Air price (₹1,19,900 prefilled by default).

  2. Add your down payment (₹0 for zero down payment, or any amount you prefer like ₹10,000).

  3. Select your EMI tenure (3, 6, 9, 12, 18, or 24 months).

  4. Choose interest type:

    • No-Cost EMI (0% interest, available for 3 or 6 months).

    • Bank EMI (standard interest, e.g., 14–16% p.a.).

  5. View instant results: monthly EMI, total cost, and total interest (if any).

  6. Compare options: adjust down payment or tenure to see how your EMI changes.

Worked Examples (₹1,19,900 iPhone Air)

  • Zero Down Payment (12 months, No-Cost EMI) → ₹9,992/month

  • Zero Down Payment (24 months, Bank EMI @15%) → ~₹5,814/month (total cost ≈ ₹1,39,525)

  • With ₹10,000 Down Payment (12 months, No-Cost EMI) → ₹9,158/month

Even a small down payment can reduce your monthly EMI significantly.

Bank & Credit-Card EMI Schemes for iPhone Air (₹1,19,900)

Apple lists a wide range of EMI partners for iPhone purchases in India. Below are the official EMI terms and monthly amounts (as shown on Apple India) for the iPhone Air at the base price ₹1,19,900. Use these to compare tenures, monthly outflow, and whether an offer is labelled No Cost (interest-free) or a charged EMI (interest % / total cost shown).

Note: Monthly figures shown are Apple’s displayed/rounded amounts for the device price ₹1,19,900. Exact pricing, eligibility, and final EMI schedules are provided by your card issuer and may vary. See card terms for minimum order thresholds and other T&Cs.

Credit Card EMI

American Express
Term Monthly EMI Info
3 Instalments From ₹38300.00 Per Month No Cost ₹114900.00 total cost with No Cost EMI
6 Instalments From ₹19150.00 Per Month No Cost ₹114900.00 total cost with No Cost EMI
9 Instalments From ₹13523.00 Per Month ₹121706.00 total cost at 14% p.a.
12 Instalments From ₹10317.00 Per Month ₹123798.00 total cost at 14% p.a.
18 Instalments From ₹7168.00 Per Month ₹129024.00 total cost at 15% p.a.
24 Instalments From ₹5571.00 Per Month ₹133707.00 total cost at 15% p.a.
Axis Bank
Term Monthly EMI Info
3 Instalments From ₹38300.00 Per Month No Cost ₹114899.00 total cost with No Cost EMI
6 Instalments From ₹19150.00 Per Month No Cost ₹114900.00 total cost with No Cost EMI
9 Instalments From ₹13633.00 Per Month ₹122695.00 total cost at 16% p.a.
12 Instalments From ₹10425.00 Per Month ₹125100.00 total cost at 16% p.a.
18 Instalments From ₹7222.00 Per Month ₹130000.00 total cost at 16% p.a.
24 Instalments From ₹5626.00 Per Month ₹135021.00 total cost at 16% p.a.
BOBCARD
Term Monthly EMI Info
3 Instalments From ₹39967.00 Per Month No Cost ₹119900.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14226.00 Per Month ₹128034.00 total cost at 16% p.a.
12 Instalments From ₹10879.00 Per Month ₹130544.00 total cost at 16% p.a.
18 Instalments From ₹7536.00 Per Month ₹135657.00 total cost at 16% p.a.
24 Instalments From ₹5871.00 Per Month ₹140896.00 total cost at 16% p.a.
HDFC Bank
Term Monthly EMI Info
3 Instalments From ₹39966.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14284.00 Per Month ₹128552.00 total cost at 17% p.a.
12 Instalments From ₹10935.00 Per Month ₹131225.00 total cost at 17% p.a.
18 Instalments From ₹7593.00 Per Month ₹136679.00 total cost at 17% p.a.
24 Instalments From ₹5928.00 Per Month ₹142275.00 total cost at 17% p.a.
HSBC
Term Monthly EMI Info
3 Instalments From ₹39966.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119900.00 total cost with No Cost EMI
9 Instalments From ₹14169.00 Per Month ₹127518.00 total cost at 15% p.a.
12 Instalments From ₹10822.00 Per Month ₹129864.00 total cost at 15% p.a.
18 Instalments From ₹7480.00 Per Month ₹134639.00 total cost at 15% p.a.
24 Instalments From ₹5814.00 Per Month ₹139525.00 total cost at 15% p.a.
ICICI Bank
Term Monthly EMI Info
3 Instalments From ₹38300.00 Per Month No Cost ₹114899.00 total cost with No Cost EMI
6 Instalments From ₹19150.00 Per Month No Cost ₹114900.00 total cost with No Cost EMI
9 Instalments From ₹13632.00 Per Month ₹122690.00 total cost at 15.99% p.a.
12 Instalments From ₹10424.00 Per Month ₹125093.00 total cost at 15.99% p.a.
18 Instalments From ₹7222.00 Per Month ₹129990.00 total cost at 15.99% p.a.
24 Instalments From ₹5625.00 Per Month ₹135007.00 total cost at 15.99% p.a.
IndusInd Bank
Term Monthly EMI Info
3 Instalments From ₹39967.00 Per Month No Cost ₹119900.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14226.00 Per Month ₹128034.00 total cost at 16% p.a.
12 Instalments From ₹10879.00 Per Month ₹130544.00 total cost at 16% p.a.
18 Instalments From ₹7536.00 Per Month ₹135657.00 total cost at 16% p.a.
24 Instalments From ₹5871.00 Per Month ₹140896.00 total cost at 16% p.a.
J&K Bank
Term Monthly EMI Info
3 Instalments From ₹39966.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14168.00 Per Month ₹127513.00 total cost at 14.99% p.a.
12 Instalments From ₹10821.00 Per Month ₹129857.00 total cost at 14.99% p.a.
18 Instalments From ₹7479.00 Per Month ₹134629.00 total cost at 14.99% p.a.
24 Instalments From ₹5813.00 Per Month ₹139512.00 total cost at 14.99% p.a.
RBL Bank
Term Monthly EMI Info
3 Instalments From ₹39967.00 Per Month No Cost ₹119900.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14169.00 Per Month ₹127518.00 total cost at 15% p.a.
12 Instalments From ₹10822.00 Per Month ₹129864.00 total cost at 15% p.a.
18 Instalments From ₹7480.00 Per Month ₹134639.00 total cost at 15% p.a.
24 Instalments From ₹5814.00 Per Month ₹139525.00 total cost at 15% p.a.
Standard Chartered Bank
Term Monthly EMI Info
3 Instalments From ₹39966.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14169.00 Per Month ₹127518.00 total cost at 15% p.a.
12 Instalments From ₹10822.00 Per Month ₹129864.00 total cost at 15% p.a.
18 Instalments From ₹7480.00 Per Month ₹134639.00 total cost at 15% p.a.
24 Instalments From ₹5814.00 Per Month ₹139525.00 total cost at 15% p.a.
SBI Card
Term Monthly EMI Info
3 Instalments From ₹39967.00 Per Month No Cost ₹119900.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14226.00 Per Month ₹128034.00 total cost at 16% p.a.
12 Instalments From ₹10850.00 Per Month ₹130203.00 total cost at 15.5% p.a.
18 Instalments From ₹7508.00 Per Month ₹135147.00 total cost at 15.5% p.a.
24 Instalments From ₹5842.00 Per Month ₹140210.00 total cost at 15.5% p.a.
YES BANK
Term Monthly EMI Info
3 Instalments From ₹39967.00 Per Month No Cost ₹119900.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14226.00 Per Month ₹128034.00 total cost at 16% p.a.
12 Instalments From ₹10879.00 Per Month ₹130544.00 total cost at 16% p.a.
18 Instalments From ₹7536.00 Per Month ₹135657.00 total cost at 16% p.a.
24 Instalments From ₹5871.00 Per Month ₹140896.00 total cost at 16% p.a.

Debit EMI

HDFC Bank
Term Monthly EMI Info
3 Instalments From ₹39966.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
6 Instalments From ₹19983.00 Per Month No Cost ₹119899.00 total cost with No Cost EMI
9 Instalments From ₹14284.00 Per Month ₹128552.00 total cost at 17% p.a.
12 Instalments From ₹10935.00 Per Month ₹131225.00 total cost at 17% p.a.
18 Instalments From ₹7593.00 Per Month ₹136679.00 total cost at 17% p.a.
24 Instalments From ₹5928.00 Per Month ₹142275.00 total cost at 17% p.a.

iPhone Air EMI FAQ – Zero Down Payment, No-Cost EMI & Bank Offers

Q1. Can I buy the iPhone Air with zero down payment in India?

Yes. The iPhone Air (₹1,19,900) is available on zero down payment EMI through banks and finance partners like HDFC, Axis, ICICI, SBI, and Bajaj Finance. You don’t pay anything upfront, and the amount is divided into equal EMIs.

Q2. What is the down payment for iPhone Air in India?

It depends on your bank or finance partner. Some plans allow ₹0 down payment, while others may require ₹5,000–₹15,000 upfront. For example, with a ₹10,000 down payment, the EMI for a 12-month no-cost plan comes down to ₹9,158/month instead of ₹9,992.

Q3. Is No-Cost EMI available for iPhone Air?

Yes. Apple India offers up to 6 months of No-Cost EMI with select cards (Axis, ICICI, American Express, HDFC, etc.). For example, a 6-month no-cost EMI = ₹19,983/month, with no extra charges.

Q4. What is the monthly EMI for iPhone Air?

  • 6-month No-Cost EMI: ~₹19,983/month

  • 12-month No-Cost EMI: ~₹9,992/month

  • 12-month EMI with ₹10,000 down payment: ~₹9,158/month

  • 24-month EMI with interest (~15% p.a.): ~₹5,814/month

Q5. Which banks offer EMI for iPhone Air in India?

Major banks offering iPhone Air EMI include HDFC, ICICI, Axis, SBI, YES Bank, Kotak, IndusInd, Standard Chartered, HSBC, and American Express. Debit EMI is also available with HDFC Bank.

Q6. Is Bajaj Finance EMI available for iPhone Air?

Yes. Bajaj Finance offers zero down payment EMI and no-cost EMI options for iPhone Air, making it one of the most popular choices in India.

Q7. Can I get cashback on iPhone Air EMI purchases?

Yes. Apple currently provides ₹5,000 instant cashback on the iPhone Air with Axis Bank, ICICI Bank, and American Express credit cards (on eligible transactions).

Q8. Can I trade in my old iPhone to reduce EMI on iPhone Air?

Yes. Apple’s Trade-In program gives you up to ₹64,000 off on the iPhone Air. This lowers the financed amount, reducing both your EMI and the need for a higher down payment.

Q9. Does EMI apply to Apple’s online store and retail stores in India?

Yes. EMI and down payment options are available on both Apple India Online Store and official Apple retail outlets across India. Availability may vary by bank and card type.

Conclusion – Buy the iPhone Air Smartly with EMI & Down Payment Options

The iPhone Air, starting at ₹1,19,900, is now easier to own with flexible EMI choices in India. From zero down payment EMI to No-Cost EMI plans and bank EMIs with longer tenures, you can choose the payment option that suits your budget.

  • With a 6-month No-Cost EMI, the iPhone Air can be yours for just ₹19,983/month.

  • With a 12-month plan and ₹10,000 down payment, your EMI reduces to ₹9,158/month.

  • If you prefer longer tenures, a 24-month EMI at ~15% interest can bring it down to about ₹5,814/month.

Add to that ₹5,000 instant cashback (on eligible Axis, ICICI, Amex cards) and up to ₹64,000 Trade-In value, and the iPhone Air becomes even more affordable.

Don’t leave it to guesswork — use our iPhone Air EMI Calculator to instantly compare zero down payment, with down payment, and No-Cost EMI plans.

5 months ago
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