PhonePe, India’s fastest growing payments platform took the first step in wealth creation for its customers with the introduction of Gold. This enables customers to buy certified 24 Karat (K) Gold at transparent prices on the PhonePe app.
With the festive season around the corner, PhonePe has launched exclusive offers for its customers to purchase gold for or as low as INR 1. Customers can get up to Rs.1000 cashback on their first ever-gold purchase on PhonePe. Customers can also avail up to Rs.2000 cashback when they buy gold until March 31 on a minimum purchase of Rs.500.
Gold purchased by customers will be stored physically in a 100%-insured locker, free of charge. Customers can also seek delivery of gold coins that are independently Assay Certified for purity and delivered in tamper proof packaging directly to them.
Here is how you can purchase Gold on the PhonePe app:
Download and register on the PhonePe app and click on the Gold icon
You will see the current gold prices which are updated in line with the gold prices in the market
Enter the amount of gold you want to buy in Rupees or grams.
Select the payment method of your choice to complete your purchase. The gold purchased will be physically stored in the Gold Locker.
You can either get the Gold delivered or keep it stored in the locker and accumulate over time.