iQOO 15R Price Drop: Snapdragon 8 Gen 5 Phone Now Available Under ₹50,000

The Amazon Great Indian Festival 2026 Diwali Edition is bringing attractive discounts on smartphones across different price segments. Among the notable deals is the iQOO 15R, a performance-focused smartphone featuring Qualcomm's Snapdragon 8 Gen 5 processor, a 144Hz OLED display, and a massive 7,600mAh battery.

The smartphone is available with coupon discounts and additional bank offers on Amazon. Depending on the offer combination and payment eligibility, buyers may be able to purchase the base variant for an effective price below ₹50,000. Here's a closer look at the iQOO 15R's latest Amazon deal, available variants, and specifications.

iQOO 15R Amazon Offer: Check Prices and Discounts

The iQOO 15R 8GB RAM and 256GB storage variant is listed at ₹53,999 on Amazon. The listing has featured coupon discounts, while eligible bank cashback can bring the effective purchase cost down further.

One reported offer combination brings the effective price to ₹48,500 after a ₹4,000 coupon discount and ₹1,499 Amazon Pay ICICI Bank credit card cashback. Amazon's own festival deals page has also advertised the smartphone at ₹46,499 after a ₹7,500 coupon discount. As offers can change, buyers should check the applicable coupon and payment benefits on the product page before placing an order.

The other storage configurations include:

12GB RAM + 256GB storage: Listed at ₹59,999.

12GB RAM + 512GB storage: Listed at ₹66,999.

Additional discounts, EMI facilities, and exchange benefits may also be available, subject to eligibility and the terms displayed at checkout. Amazon listings have advertised exchange benefits of up to ₹37,600, although the actual value depends on the old phone's model and condition.

iQOO 15R Specifications and Features

The iQOO 15R features a 6.59-inch 1.5K OLED display with a refresh rate of up to 144Hz. The screen also comes with Schott Xensation Alpha protection. Its metal frame and glass back give the smartphone a premium design.

Under the hood, the device is powered by the Snapdragon 8 Gen 5 processor, paired with an Adreno 829 GPU and a dedicated Q2 gaming chip. This hardware combination is aimed at users who prioritise gaming performance, fast app loading, and demanding everyday tasks.

On the software front, the iQOO 15R runs OriginOS 6 based on Android 16.

50MP Camera and 7,600mAh Battery

For photography, the iQOO 15R comes with a dual rear camera setup. It includes a 50MP primary camera with optical image stabilisation (OIS) and an 8MP ultra-wide camera. On the front, the smartphone has a 32MP camera for selfies and video calls.

A major highlight is its 7,600mAh battery, which supports 100W fast charging. The large battery capacity should appeal to users who spend extended periods gaming, streaming videos, or browsing on their phones.

The device also carries an IP69 rating for protection against dust and water ingress under specified test conditions. Connectivity and additional features include Wi-Fi 7, Bluetooth 6, NFC, an IR blaster, and an ultrasonic in-display fingerprint scanner.

Should You Consider the iQOO 15R During the Amazon Sale?

The iQOO 15R combines a powerful Snapdragon processor, a high-refresh-rate OLED screen, a large battery, and fast charging. These features make it an option worth considering for buyers looking for a performance-oriented smartphone below ₹50,000.

However, the final deal price depends on the coupon, bank cashback, and other eligibility conditions. Buyers should compare the effective checkout price across available offers rather than relying only on the advertised discount.