OnePlus has raised the price of the OnePlus 15 🏆 in India once again, with the base 12GB/256GB variant now costing ₹85,999 and the top 16GB/512GB model reaching ₹93,999 – an ₹8,000 jump from the previous revision. This is the 2nd time OnePlus has increased the OnePlus 15 price since the phone launched in late 2025, bringing the total price increase to ₹13,000 on the base model. The new prices are already live on the OnePlus website and across retail channels.
How Did We Get Here – The Full Price Hike Timeline
The OnePlus 15 did not start at ₹85,999. It launched at ₹72,999 for the base variant. Since then, the price has climbed in stages – each hike attributed to rising memory component costs.
Here is the complete price history:
| Hike | Date | 12GB/256GB | 16GB/512GB | Increase |
| Launch Price | Dec 2025 | ₹72,999 | ₹79,999 | – |
| First Hike | May 1, 2026 | ₹77,999 | ₹85,999 | ₹5,000–₹6,000 |
| Second Hike | June 17, 2026 | ₹85,999 | ₹93,999 | ₹8,000 |
| Total increase | +₹13,000 | +₹14,000 |
That is not a minor adjustment. A phone that launched under ₹73,000 now costs nearly ₹86,000 – and the top variant is a hair away from ₹94,000.
Why Is OnePlus Increasing Prices?
OnePlus has not issued an official statement on the latest hike. However, the reason is well-established across the industry: global memory chip costs have surged sharply in 2026.
Nothing CEO Carl Pei stated publicly this month that memory has become the single most expensive component in a smartphone – costlier than the processor and the display combined. AI data centres are competing directly with smartphone manufacturers for the same NAND and LPDDR chips, tightening supply and pushing procurement costs higher.
OnePlus is not alone. Vivo and Motorola have both revised their India price lists recently, with the underlying reason being the same across all brands – memory chip costs have shot up significantly in 2026. Even in China, OnePlus and its parent Oppo have officially announced price increases, with the OnePlus 15 seeing a 500 yuan rise there as well.
India Impact – What This Means for Your Wallet
For Indian buyers, the cumulative damage is significant:
- If you bought at launch (Dec 2025): You saved ₹13,000 compared to today’s price. Good decision.
- If you’re buying today: You’re paying ₹13,000 more for identical hardware.
- If you’re waiting for a sale: Analyst Sanju Choudhary notes that this pricing trend is not going away anytime soon – with component costs still elevated, more brands are expected to follow with their own increases. Festive season discounts may not fully offset the hike.
- The 16GB/512GB variant at ₹93,999 is now dangerously close to ₹1 lakh – a psychological ceiling for most Indian flagship buyers.
At ₹85,999, the OnePlus 15 now competes in a bracket where it faces stiffer competition from other flagship options. The value proposition that made it compelling at ₹72,999 has weakened considerably.
Nord CE 6 Lite Also Hit – Budget Buyers Not Spared
The OnePlus Nord CE 6 Lite has also received a substantial price increase in the same revision. The entry-level 6GB+128GB variant, which originally launched at ₹20,999, now costs ₹25,999. The 8GB+128GB model is priced at ₹27,999, while the top 8GB+256GB version is ₹30,999. OnePlus is currently offering an instant discount of ₹1,500 on the Nord CE 6 Lite.
A ₹5,000 hike on a budget phone hurts proportionally more than on a flagship.
What Should Buyers Do Now?
- If you need the OnePlus 15 now: Buy immediately. A fourth hike cannot be ruled out given the market trend.
- If you can wait: The OnePlus N6 launches on June 30 at an expected price around ₹25,000. If you’re in the mid-range bracket, that may be worth watching.
- If you’re reconsidering: At ₹85,999, compare against the current pricing of the Google Pixel 10a and Nothing Phone 3 before deciding.
The OnePlus 15 remains a well-specced flagship on paper – Snapdragon 8 Elite 🏆, 7,300mAh battery, 120W charging, and triple 50MP cameras. But a ₹13,000 post-launch price increase tells a different story about how smartphone pricing in India is shifting. The memory cost crisis is real, it is industry-wide, and Indian consumers are absorbing it silently. Watch for further revisions across brands through the second half of 2026.
A: As of June 17, 2026, the OnePlus 15 is priced at ₹85,999 for the 12GB/256GB variant and ₹93,999 for the 16GB/512GB model. These prices are live on the OnePlus India website and all retail channels.
A: OnePlus has not issued an official statement, but the hike is linked to rising global memory chip costs. NAND and LPDDR memory prices have surged in 2026 due to high demand from AI data centres competing with smartphone makers for the same components.
A: The OnePlus 15 has seen two confirmed price hikes since its December 2025 launch – first in May 2026 (₹5,000–₹6,000) and again in June 2026 (₹8,000) – totalling ₹13,000 above its original launch price on the base variant.
A: Given that memory costs remain elevated and further hikes are possible, waiting may not result in lower prices. If the OnePlus 15 fits your budget at ₹85,999, buying now is reasonable. The OnePlus N6 launches June 30 as a mid-range alternative.
Tags: OnePlus 15 price hike India, OnePlus 15 new price June 2026, smartphone price increase India 2026, memory chip price hike smartphones, OnePlus 15 12GB 256GB price, OnePlus flagship price India, LPDDR5 price increase, OnePlus 15 worth buying, OnePlus price revision, OnePlus 15 vs alternatives India
