Cashback offer : Big news for gold buyers! Buy gold worth Rs 1,000, get cashback of Rs 3,000, know here how to avail the benefit?

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Gold Price Hike : Gold rose by Rs 450 and silver by Rs 1900, check the latest price before buying.
Gold Price Hike : Gold rose by Rs 450 and silver by Rs 1900, check the latest price before buying.

Buying gold on Dhanteras is considered very auspicious. However, at present the prices of gold have decreased significantly, so buying gold on this offer will cost you more.

PhonePe cashback offer: This festive season, PhonePe has brought a very good offer. PhonePe is offering cashback of Rs 3,000 on purchase of gold worth Rs 1,000. This offer of PhonePe has started from 9th November and it is valid till 12th November. Today is Dhanteras and people across the country will buy gold. Buying gold on the occasion of Dhanteras is considered very auspicious. It is said that buying gold on this day brings both happiness and prosperity to the house.

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The fintech major on Monday announced a cashback offer on 24K gold for the festive season of Dhanteras and Diwali 2023. Customers purchasing digital gold of minimum Rs 1,000 from PhonePe can avail guaranteed cashback of up to Rs 3,000.

The fintech major said the offer is valid for all one-time transactions (once per user) on PhonePe on minimum purchase of digital gold of Rs 1,000 from November 9 to 12, 2023. Bank-grade gold lockers are free for 5 years.

  • Step-by-step guide to avail PhonePe cashback offer
  • Tap on ‘Wealth’ on the bottom bar of your PhonePe app homepage
  • Select ‘Gold’ on the Wealth screen
  • Select “Buy Once”
  • Proceed by selecting “Buy in Rupees” and adding minimum 24K gold worth Rs 1000.
  • Check the final details of your gold purchase and click on ‘Proceed for payment’ and it’s done!

Why buy gold on Dhanteras?

In Hindu culture, gold is considered a symbol of wealth and prosperity. It is believed that buying gold on Dhanteras attracts Goddess Lakshmi of wealth and fortune. There is also a tradition of lighting lamps and worshiping Lord Dhanvantari, the god of Ayurveda, on this day.

Dhanteras is considered a very auspicious day. Shopping can be done throughout the day on this day. Still, the most favorable time to buy gold and silver is between 12:35 am to 02:46 pm.

Shopping on Dhanteras can start at 12:35 pm and continue till 1:57 pm the next day on November 11. It is important to avoid shopping during Rahukaal, which will be from 10:41 am to 12:03 pm.

  • Tips for buying gold on Dhanteras
  • Do your research and visit a reputable jeweler.
  • Compare prices from different jewellers.
  • Consider your budget and purchase within your means.
  • Buy gold in such a form that you can easily keep it safe.
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