iQOO 15R Launched Under ₹50,000 With Big Offer

The iQOO 15R launched in India at a time when smartphone prices are steadily rising and that’s exactly why this release is grabbing attention.

With aggressive pricing, powerful hardware, and bank discounts that make it even more tempting, iQOO seems ready to shake up the premium mid-range segment.

Here’s everything you need to know.

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iQOO 15R Launched

iQOO 15R Launched: India Price and Variants

The iQOO 15R launched in India with three storage options, all priced under ₹53,000.

Here’s the official pricing:

  • 8GB RAM + 256GB storage – ₹44,999
  • 12GB RAM + 256GB storage – ₹47,999
  • 12GB RAM + 512GB storage – ₹52,999

And here’s where it gets interesting.

Bank Offer

HDFC card users can get an instant ₹4,000 discount, bringing the effective starting price down to ₹41,999.

In today’s market, that pricing is considered highly competitive for the hardware on offer

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Why iQOO 15R Launched at the Right Time

Smartphone prices have increased recently due to rising component and RAM costs.

Yet, the iQOO 15R launched with a pricing strategy that undercuts many rivals.

The brand is known for focusing on performance-first devices. However, recent launches show that iQOO is now building more balanced smartphones — combining:

  • Strong performance
  • Premium design
  • Competitive pricing
  • Well-rounded features

The 15R continues that approach.

iQOO 15R Specifications: What Makes It “All-in-One”?

Although positioned under ₹50,000, the phone aims to deliver flagship-like performance.

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Performance & Speed

iQOO devices traditionally focus on speed, and the 15R stays true to that identity.

With up to 12GB RAM, the phone targets users who multitask, game, and demand smooth everyday performance.

Storage Options

You get up to 512GB storage, which is generous for this segment.

That makes it suitable for users who:

  • Shoot lots of videos
  • Install heavy games
  • Store large media libraries

Design and Build

While detailed design specs are limited in the report, iQOO emphasizes a sleek, modern look aimed at premium buyers.

The positioning suggests it wants to compete directly with phones in the ₹45,000–₹55,000 bracket.

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Competitive Positioning: Who Should Buy It?

The iQOO 15R launched as a strong option for:

  • Gamers looking for performance
  • Power users needing higher RAM
  • Buyers upgrading from mid-range phones
  • People who want premium hardware without crossing ₹50,000

With the HDFC discount, it becomes even more attractive.

Is iQOO Changing Its Strategy?

Earlier, iQOO phones were mainly marketed as performance beasts.

Now, the brand seems to be moving toward a more complete package — offering:

  • Balanced hardware
  • Competitive pricing
  • Broader appeal

The 15R reflects that transition clearly

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FAQs

  1. 1. What is the starting price after the iQOO 15R launched in India?

    The official starting price is ₹44,999, but with HDFC bank discount it drops to ₹41,999.

  2. 2. How many variants are available?

    There are three variants: 8GB+256GB, 12GB+256GB, and 12GB+512GB.

  3. 3. Does iQOO 15R support bank discounts?

    Yes, HDFC card holders can get an instant ₹4,000 discount.

  4. 4. Is iQOO 15R a gaming-focused phone?

    It is performance-oriented but positioned as a well-rounded “all-in-one” device.

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