Apple phones have become a status symbol among the public worldwide. However, the high-end features do not come at an affordable price range. Therefore, it is hard for customers, especially in Pakistan, to afford these expensive smartphones. Thus, many commercial banks in Pakistan are offering installment plans for Apple phones for consumer convenience. With the arrival of the iPhone 15, the prices of the iPhone 14 have been reduced, but the purchase is still not possible for the masses because of the high prices. So, get to know about iPhone 14 installment plans in Pakistan 2024 in this article.
Why are Apple phones too expensive?
iPhones are expensive in Pakistan because of their reliable performance, fast processors, and highest-resolution cameras. For getting a lot from one of the most competitive smartphone companies in the world, it is definite that they charge a higher price. To top it over, the tax legislations of Pakistan make them even more expensive. Pakistani currency’s depreciation against the US Dollar, the tax regulations to reduce imports, and the promotion of local smartphone manufacturers make iPhones out of reach.
iPhone 14 Price in Pakistan
Even after the arrival of the iPhone 15, the prices of the iPhone 14 and its models are in lacs. Below is a list of iPhone 14 prices in Pakistan in 2024.
| Models | 2024 Price Update |
|---|---|
| iPhone 14 128GB | Rs364,999 |
| iPhone 14 Plus | Rs499,999 |
| iPhone 14 Pro | Rs505,000 |
| iPhone 14 Pro Max | Rs545,000 |
iPhone 14 Installment Plans in Pakistan 2024
Bank ALfalah offers various installment plans for iPhone 14 and its models. The tenures start from 3 months and go up to 36 months for the convenience of the clients. Below are the details
| Duration | Monthly Installment |
|---|---|
| 3 Months | Rs.128,070 |
| 6 Months | Rs.65,750 |
| 9 Months | Rs.45,100 |
| 12 Months | Rs.34,550 |
| 18 Months | Rs.27,000 |
| 24 Months | Rs.21,100 |
| 36 Months | Rs.16,900 |
If you are a Bank Alfalah account holder, you can easily apply for the plan and get the rights to own a high-end phone while paying for it in easy monthly installments.
