Unfortunately this deal has expired. Get notified of deals like this in the future.
- 2018
- 23
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- Last Comment
You can Buy The Gold Through PhonePe Cash , You can Sell The Gold later & Money Will Credited into Your Bank Account
1.First of all Download Phonepe
2.Now Sign in or Sign Up if you don’t already have one.
3.Click on Gold option in Phonepe. (Update To Latest App)
4.Enter the desired amount in which you want to buy ( You can buy even from Rs.1)
5. Pay The Gold Amount Using PhonePe Wallet Balance or PhonePe Total Cashback You Received From Different Activities.
6. You can use your PhonePe wallet Cash to make purchase.
7. After you get your cashback sell the gold so that you can convert it to cash.
8.The selling order will be less than of buy order so don’t worry.
9.Done. You will get your cash in your bank account.
Update : Now After Purchase Of Gold You have to Hold it For 24 Hours , After Then You can Sell it
This Are The Old PhonePe Gold Offer Details :-
- Flat ₹50 Cashback on 1st Gold Purchase transaction
- Offer is applicable on minimum Gold purchase transaction of ₹1000
- Offer is applicable only once per PhonePe registered customer
- Offer Start Time 12:00 hrs on 5th December, 2017
- The offer is applicable on all payment modes.
- The offer is valid only once per Bank Account, Credit Card and Debit Card.
- Cashback will be credited into your PhonePe wallet within 24 hours of successful completion of the transaction.
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Crete a merchant account then sent it.. no more deduction s
Why merchant account,I mean what is the use of merchant account related to this thread
Crete a merchant account then sent it.. no more deduction s
how to create merchant acc ?
Between buying and selling gold you will lose around 6 % by way of gst of 3 % on buying and selling price. Also in 24 hrs there will be variation in gold price which may be good/bad for you depending upon direction of price movement
GST is charged at the time of buying only not at the time of selling
Guys don’t try this you will be in loss.
Ultimately this trick is costing loss of more than 6 %. Don’t go for it unless you have some offer earlier i use to buy and sell using paytm 5 % cash back offer.
Now a days no such offer 
![Credit card bill - Get flat ₹50 back on Minimum Value ₹1000 [25th - 31st Dec]](https://cdn2.desidime.com/topics/photos/1897153/medium/Coupon-Image-130-june.jpg?1735123274)
Good share , but now a days phonepe is not giving that much of cashback. So …!!