PhonePe celebrates Akshaya Tritiya with assured cashback offer - IdeapreneurIndia-Entrepreneur's Daily Dose

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Friday, April 25, 2025

PhonePe celebrates Akshaya Tritiya with assured cashback offer

 


PhonePe celebrates Akshaya Tritiya with assured cashback offer

~ Offers up to Rs.2000/- cashback* on one-time purchase of 24k digital gold

 

National, April 24, 2025: PhonePe, today announced exciting cashback offers on 24k Digital Gold on the occasion of Akshaya Tritiya. Users can avail a Flat 1% cashback (up to INR 2000) on purchasing a minimum of INR 2000 worth of digital gold on the PhonePe platform. The offer is applicable only on 30th April for one-time transactions* (valid once per user). Users can choose to pay through multiple modes of payment such as UPI, UPI Lite, credit & debit cards, wallet and gift cards.

To add to the festive cheer, PhonePe also has a special offer for redemption of digital gold at Caratlane stores & website, that includes:

     Additional 2% discount on gold coin

     Additional 3% discount on unstudded jewellery

     Additional 5% on studded jewellery

Users can purchase 99.99% purity-certified 24K Digital Gold on the PhonePe platform, from leading and trusted players in the digital gold space like MMTC-PAMP, SafeGold and Caratlane. Over 1.2 Crore customers across India have bought high purity 24K gold on the PhonePe platform.

Apart from one time purchase, PhonePe also empowers users to invest in Gold digitally via Daily or Monthly SIPs and helps customers invest long term systematically. Customers also have the flexibility to invest any amount (starting as low as Rs. 5) and sell their gold holdings anytime, with the money credited to their bank accounts.

 

* Offer is valid from 30th April, 2025, 00:00 AM to 30th April, 2025, 11:59 PM only on One-time transactions. Not valid on SIP transactions. Valid once per user

 

 

Here is a step-by-step guide to avail this special cashback offer:

 

  1. Click on ‘Savings’ on the homepage of your PhonePe app
  2. Click on ‘Buy digital gold’
  3. Proceed by clicking on “Buy One Time”
  4. Proceed by selecting “Buy in rupees” and add a minimum Rs.2000 worth of 24K Gold
  5. Check the final details of your Gold purchase and click on ‘Proceed to Pay’, and avail the offer

 

PhonePe Private Limited is one of India's leading fintech companies. Headquartered in India, its flagship product, the PhonePe digital payments app, was launched in Aug 2016. As of March 2025, PhonePe has over 60 Crore (600 Million) registered users and a digital payments acceptance network spread across over 4 Crore (40+ million) merchants. PhonePe also processes over 33 Crore (330+ Million) transactions daily with an Annualized Total Payment Value (TPV) of over INR 150 lakh crore.

 

The PhonePe Group’s portfolio of businesses includes the distribution of financial products  (Insurance, Lending, and Wealth) as well as new consumer tech businesses (Pincode - hyperlocal e-commerce and Indus AppStore – Localized App Store for the Android ecosystem) in India, which are aligned with the company's vision to offer every Indian an equal opportunity to accelerate their progress by unlocking the flow of money and access to services.

 

 

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