diff --git a/k8s/console/base/console-deployment.yaml b/k8s/console/base/console-deployment.yaml
index 0c2568be26..29fb07f246 100644
--- a/k8s/console/base/console-deployment.yaml
+++ b/k8s/console/base/console-deployment.yaml
@@ -15,7 +15,7 @@ spec:
       serviceAccountName: console-sa
       containers:
         - name: console
-          image: minio/console:v0.3.15
+          image: minio/console:v0.3.16
           imagePullPolicy: "IfNotPresent"
           args:
             - server
diff --git a/k8s/operator-console/base/console-deployment.yaml b/k8s/operator-console/base/console-deployment.yaml
index ad8bb36857..222053899e 100644
--- a/k8s/operator-console/base/console-deployment.yaml
+++ b/k8s/operator-console/base/console-deployment.yaml
@@ -15,7 +15,7 @@ spec:
       serviceAccountName: console-sa
       containers:
         - name: console
-          image: minio/console:v0.3.15
+          image: minio/console:v0.3.16
           imagePullPolicy: "IfNotPresent"
           env:
             - name: CONSOLE_OPERATOR_MODE
diff --git a/restapi/admin_tenants.go b/restapi/admin_tenants.go
index e274b96194..7daef74b37 100644
--- a/restapi/admin_tenants.go
+++ b/restapi/admin_tenants.go
@@ -626,7 +626,7 @@ func getTenantCreatedResponse(session *models.Principal, params admin_api.Create
 			return nil, err
 		}
 
-		const consoleVersion = "minio/console:v0.3.15"
+		const consoleVersion = "minio/console:v0.3.16"
 		minInst.Spec.Console = &operator.ConsoleConfiguration{
 			Replicas:      1,
 			Image:         consoleVersion,
diff --git a/restapi/admin_tenants_test.go b/restapi/admin_tenants_test.go
index b464b8010e..58934ca594 100644
--- a/restapi/admin_tenants_test.go
+++ b/restapi/admin_tenants_test.go
@@ -871,7 +871,7 @@ func Test_UpdateTenantAction(t *testing.T) {
 				},
 				params: admin_api.UpdateTenantParams{
 					Body: &models.UpdateTenantRequest{
-						ConsoleImage: "minio/console:v0.3.15",
+						ConsoleImage: "minio/console:v0.3.16",
 					},
 				},
 			},