Samsung Galaxy Z Fold 7 drops to Rs 1,29,999 in India — Rs 45,000 off launch price, no bank card required. The discount is live on Amazon during the Great Indian Festival 2026 sale, with all three colour options, Silver Shadow, Jet Black and Blue Shadow. Available at that price for the 12GB + 256GB base variant. That’s down from Rs 1,74,999 at launch this year. Buyers using an Amazon Pay ICICI Bank credit card get an extra Rs 3,899 cashback, pushing total savings to Rs 48,899. No terms or conditions tie the core discount to financing or bank offers, it’s applied at checkout, outright. This isn’t a flash deal: Digit reported it at 4:30 p.m. IST on October 9, and the listing was live at time of reporting. It remains a Z Fold. Not the newly launched Z Fold 8, which Samsung announced in August. So this is a deep cut into last-gen inventory, timed to clear stock ahead of Diwali and the Z Fold 8’s wider rollout. At Rs 1,29,999, the Z Fold 7 now sits just below the Galaxy S26 Ultra and iPhone 17 Pro in price, and squarely against the Motorola Razr Fold, also discounted to similar levels in the same sale. Its hardware hasn’t changed: Snapdragon 8 Elite for Galaxy chipset, One UI 8 on Android 16, dual 120Hz Dynamic AMOLED 2X screens (8-inch main, 6.5-inch cover), 200MP OIS main camera, 4,400mAh battery, 25W wired charging. It’s still a foldable. Heavier, thicker and more fragile than bar phones, but Samsung’s software polish and five years of foldable iteration mean it ships with fewer quirks than most rivals. The sale runs through the Great Indian Festival period. Amazon hasn’t published an end date, but past festivals have lasted 10–12 days. If you want a Samsung foldable without paying Z Fold 8 premiums, this is the cheapest verified path in India right now.