PhonePe offers 2 pc cashback on 24K Digital Gold purchases this Dhanteras

PhonePe has announced a 2% cashback (up to Rs 2,000) on 24K Digital Gold purchases worth Rs 2,000 or more this Dhanteras. The offer, valid on October 18, allows users to buy gold from MMTC-PAMP, SafeGold, and Caratlane through the PhonePe app.

Hyderabad: Fintech major PhonePe has announced a special Dhanteras cashback offer for customers purchasing 24K Digital Gold on its platform. Users can avail a flat 2% cashback (up to Rs 2,000) on a minimum purchase of Rs 2,000 worth of gold.

The offer is valid only on October 18, 2025, and applicable on one-time transactions (once per user) made through the PhonePe app.

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PhonePe allows customers to buy 99.99% purity-certified 24K Digital Gold from trusted partners such as MMTC-PAMP, SafeGold, and Caratlane. The company said over 1.6 crore customers across India have already purchased high-purity gold through its platform.

Besides one-time purchases, PhonePe users can also invest in gold via daily or monthly SIPs, enabling systematic long-term savings. Customers can start investing with as little as Rs 5, and redeem or sell their holdings anytime, with proceeds credited directly to their bank accounts.

To avail the cashback, users need to:

Click on the ‘Digital Gold’ icon on the PhonePe home screen.

Select ‘Buy Digital Gold’ and choose ‘Buy in Rupees’.

Enter a minimum amount of Rs 2,000 and proceed to payment.

The offer is valid from 12:00 AM to 11:59 PM on October 18, 2025, for a single eligible transaction per user.