Apple phones are widely seen as a symbol of status globally, but their high-end features come with a hefty price tag. This makes it challenging for people, especially in Pakistan, to afford these expensive smartphones. To address this issue, many banks in Pakistan are now offering installment plans for Apple phones, making it more convenient for consumers. Despite the release of the iPhone 15 leading to reduced prices for the iPhone 14, the cost is still a barrier for many. Let's delve into the installment plans available for the iPhone 14 in Pakistan in 2024.
Why are Apple phones too expensive?
iPhones cost a lot in Pakistan due to their dependable performance, speedy processors, and top-notch cameras. Since Apple is a leading smartphone company globally, they naturally charge higher prices. Adding to this, Pakistan's tax laws further contribute to the elevated costs. The depreciation of the Pakistani currency against the US Dollar, tax rules aimed at limiting imports, and the push to support local smartphone makers collectively make iPhones unaffordable for many in Pakistan.
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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 |
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 |
Disclaimer: “We encourage you to verify all rates and specifications with the respective service providers or vendors before making any purchases or taking any action based on the information presented on this website.”
![iPhone 14 128GB PTA approved easy installment plan with Meezan Bank [July 2024]iPhone 14 128GB PTA approved easy installment plan with Meezan Bank [July 2024]](/uploads/articles/20196/medium.webp)
