Apple has a trade-in program that allows users to exchange their old phone and get discount on the new models. Here's how much the company is offering for iPhone 12, 13, 14 and 15.

Apple's trade-in program allows users to exchange their older iPhone 12, 13, 14 or 15 to get store credits for buying the new models at a discounted price

Apple offers significant cashback for trading in old iPhones when upgrading to the iPhone 16 series, which is now available for purchase in India. The trade-in value varies depending on the model and condition of the old iPhone.