Good featured 16GB pendrive with high data rate transfer speed.

Here are a few good choices -

1. Sandisk Ultra Dual 16 GB 3.0 OTG Pendrive

The pen drive has gained the number one place in terms of customer reviews. The pen drive comes with dual ports. On one side it has micro USB port for connectivity with mobile phones, while the other end has USB 3.0 interface for connectivity with PCs and Laptops.
The drive comes with 5 years of manufacturer warranty. The data transfer speeds read
USB 3.0 on PC
Read: 50-115 MB/s
Write: 15-20 MB/s

USB OTG on Smartphone
Read: just 20-23 MB/s
Write: 12-14 MB/s

USB 2.0 on PC
Read: 29-33 MB/s
Write: 13-15 MB/s

You can buy it on Amazon for Rs. 399.

2. Sandisk Ultra Dual 16 GB On-The-Go Pendrive

The drive is similar to the one mentioned above. The only difference would be the lack of USB 3.0. It has microUSB connector for smartphones on one side and a USB 2.0 port for connecting it to the PCs on the other side. You get all other standard Sandisk benefits including 5 year warranty.

Get it on Amazon for Rs. 800.

3. Kingston Data Traveler microDuo USB 3.0 Flash drive

The pen drive comes with USB 3.0 and microUSB ports for the effective OTG performance. You get 5 years manufacturer warranty on the pen drive. The drive is quite compact and easy to carry.

You may buy it on Flipkart for Rs. 800.

4. Strontium OTG Nitro PlusOTG USB 3.0

This yet another pen drive that excels with its compact size and portability. The drive has a USB 3.0 port for faster connectivity and data speeds. The drive does not need any drivers to run and thus plug and play compatible.

You may buy it on Flipkart for around Rs. 750.

Here are some of the options for you to choose from.

iBall Hybrid Dual: The device has hybrid support for USB 2.0 and MicroUSB and you can find most of the modern phones with OTG being supported. Though do note that type C connector based phones may not be supported as this one has different connector for MicroUSB 3.0 standard. The device write speed is of 15-18Mb/s.

Price : The device has cost of 496 Rs. (Amazon)

SanDisk Ultra This seems to be the perfect match of your requirement. It has OTG micro USB support. The writing speed of the device is above 15 MB as per your requirement. And the best part is it is backward compatible with USB 2.0 too. Which is not possible for most of the Micro USB devices in the market at this price. Suitable for both laptop and Android devices.

Price : It is priced at 436 Rs. (Amazon)

Kingston Digital 16 GB Data traveler : This is another model which is fit for your requirement. The write speed is also higher. The device supports the Micro USB OTG functionality. It has reversible type C connector. So this makes the price of the device higher than the other devices of same capacity.

Price : It is priced 2200 Rs. (Amazon)

Strontium Nitro Plus : This USB 3.0 device has support for OTG functionality. It also has the higher data Read 120MB/s and Write 90MB/s which is way above your specification. Supports most of the mobiles with USB3 connectors. Supports most of the mobiles with OTG support.

Price : It is priced at 452 Rs. (Amazon)

Verbatim Store 'N' Go Another interesting product with OTG support. It has high data read and write rate as per your specification. Being USB3.0 dual interface device with support for most of the devices, you'd find it handy to use. The device being plug and play, you don't have to worry about driver.

Price : It is priced at 825 Rs (Amazon).