PhonePe rolls out Akshaya Tritiya, 2024 Cashback Bonanza!

New Delhi: PhonePe, a leading fintech platform in India, has unveiled an enticing offer today to mark the auspicious occasion of Akshaya Tritiya this year. On May 10, 2024, users can enjoy guaranteed cashback of up to Rs. 2000 on a minimum purchase of Rs. 1000 on the PhonePe app. This exclusive offer is applicable solely to a one-time purchase of 24k digital gold, with users having the flexibility to pay via various modes including UPI, UPI Lite, credit & debit cards, wallet, and gift cards.

Adding to the festive spirit, PhonePe also presents a special offer for redeeming digital gold at Caratlane stores until May 12. This offer includes an extra 2% discount on gold coins, a further 4% discount on unstudded jewelry, and an additional 10% off on studded jewelry.

PhonePe provides the highest purity gold sourced from trusted players in the digital gold ecosystem such as Caratlane, SafeGold, and MMTC-PAMP. Purchasing digital gold on the PhonePe app offers several benefits, including:

1. Assurance of Highest Purity: Customers can purchase certified 99.99% purity 24K Digital Gold, ensuring top-notch quality.
2. Convenience: Buying Digital Gold is made easy as customers can do so from the comfort of their homes 24*7. Upon selling their gold at any time, the funds are transferred to their bank accounts within 48 hours.
3. Secure Storage: Digital gold purchased is stored in insured bank-grade lockers, with zero making charges.
4. Flexible Investment Options: Customers can invest in digital gold with any amount of their choice, providing flexibility in investment.

In addition to one-time purchases, PhonePe also enables Indians to invest in gold digitally via SIP, facilitating long-term systematic investment. With over 1 crore customers from 19,000+ pin codes in India having bought high purity 24K gold on the PhonePe platform, the brand continues to garner trust among users.

Here’s how users can avail the offer on the PhonePe app:

Step 1: Tap ‘See All’ from the ‘Recharge & Pay Bills’ section of your PhonePe app homepage

Step 2: Select ‘Gold’ from the ‘Recharge & Bill Payment’ page

 Step 3:  Select “Buy One Time”

Step 4:  Proceed by selecting “Buy in rupees” and adding minimum Rs.1000 worth of 24K Gold

Step 5: Check the final details of your Gold purchase and click on ‘Proceed to Pay’. And it’s done!

You will see the updated Gold balance on the PhonePe app shortly. Post successful purchase, you will receive a cashback** in your PhonePe Gift Card balance.