PhonePe offers cashback for Akshaya Tritiya 2024: Get up to Rs 2,000 on digital gold purchases

Akshaya Tritiya 2024: The fintech platform PhonePe has announced a special cashback offer to celebrate Akshaya Tritiya 2024. On May 10, PhonePe users can receive an assured cashback of up to Rs 2,000 on a one-time purchase of 24k digital gold. The offer is valid for purchases of at least Rs 1,000 and is available through various payment methods, including UPI, UPI Lite, credit and debit cards, wallets, and gift cards.

1. Open the PhonePe app and tap "See All" in the "Recharge & Pay Bills" section.
2. Select "Gold" from the menu.
3. Choose "Buy One Time."
4. Select "Buy in rupees" and enter at least Rs 1,000 to buy 24k gold.
5. Review your order, then tap "Proceed to Pay."
Your updated gold balance will appear on the PhonePe app soon after your purchase. After the transaction is successful, you'll get a cashback in your PhonePe Gift Card balance.
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In addition to the cashback offer, PhonePe is also providing special discounts at CaratLane stores for customers redeeming their digital gold. This offer is valid until May 12. According to PhonePe, customers can avail the following benefits:
- 2% discount on gold coins
- 4% discount on unstudded jewelry
- 10% discount on studded jewelry
Akshaya Tritiya is on Friday, May 10 2024. The day is considered to be auspicious to purchase gold. Apart from physical gold options like gold jewellery, gold coins and gold bars, digital gold is fast emerging as a way to invest in the precious metal.