PhonePe offers cashback on gold, silver purchases via its app

Digital payments company PhonePe on Thursday announced exciting offers on the purchase of gold and silver via the app on the auspicious occasion of Akshaya Tritiya. Users can buy the highest purity 24K gold through the app and choose to either accumulate it in bank grade insured lockers with zero hassle of storage or making charges or get delivery in the form of gold coins or bars from a wide range of design options.

"24K gold and silver on PhonePe are of the best value and highest 99.99 per cent purity. The wide range of design options and denominations make gold and silver on PhonePe the perfect choice this festive season. Customers buying gold coins also get a purity certificate against each purchase," the company said in a statement.

Users can additionally get upto Rs 2,500 cashback on their gold purchase during the offer period. Customers looking to buy silver coins or bars can also enjoy up to Rs.250 cashback.

The limited period offer will be valid till May 3.

The company said that it offers the highest purity gold from both MMTC PAMP and SafeGold, two of the leading players in the digital gold space. It has also tied up exclusively with SafeGold to offer the highest purity silver coins and bars.

Customers can also choose to get insured doorstep delivery for high-quality gold and silver coins and bars that have been designed around Akshaya Tritiya.