Apple, in association with the HDFC Bank, has slashed the price of its flagship smartphone iPhone XR in India for a limited period that will be applicable from Friday.

The till-the-stock-last offer brings down the price of Rs 76,900 iPhone XR (64GB) to Rs 59,900 for non-HDFC customers and Rs 53,900 (64GB variant) with special cash-back offer for HDFC customers, the company said on Thursday.

"This is not a price drop or change on MRP but a limited term promotional offer which starts Friday," it added.

The 128GB iPhone XR (original price Rs 81,900) will cost Rs 64,900 for non-HDFC customers and Rs 58,400 for HDFC users.

The Rs 91,900 256GB variant will cost Rs 74,900 for non-HDFC customers and Rs 67,400 for HDFC customers.

With all-screen glass and an aluminium design featuring 6.1-inch display which is touted as "the most advanced LCD in a smartphone," the iPhone XR houses A12 Bionic chip with next-generation "Neural Engine", which unlocks new experiences for immersive augmented reality (AR), games and photography. Its LCD screen comes with liquid Retina display and aluminium body instead of a steel one.

Similar to the XS and XS Max, the iPhone XR also has Face ID and is powered by Apple's new A12 Bionics chip. However, the iPhone XR is equipped with a single 12-megapixel f/1.8 aperture wide-angle lens rear-facing camera.

The device, which was launched in India in October 2018, has 12MP rear camera and 7MP front camera.

The iPhone XR is water resistant, with a rating of IP67, and protects against everyday spills including coffee, tea and soda.