Today we can see that how to buy gold from PhonePe. The best part of buying the gold online is we can buy gold for any amount like we can buy the gold for as low as 1Rs. So when we have money than invest in gold while sitting at your home. So let’s start how to buy the gold from PhonePe. So just follow the below steps to do it
Download PhonePe From Here (PhonePe)
Step By Step Guide To Buy Gold From PhonePe
Step 1: First of all, launch the PhonePe application on your phone. Ensure that you have logged into the PhonePe wallet.
Step 2: Select any methods from the given below. It is all about the purity of Gold. I prefer to buy MMTC-PAMP with 99.99% Purity.
Step 3: After that, you will see the live price of gold. The price can be fixed for the 5 minutes so that you can buy the gold for the same price.
Step 4: After that, you have to Enter The Amount Of Gold In INR which you want to buy and proceed for payment.
Step 5: Now you will have 5 minutes for payment for your gold in the given price of the Gold. After 5 minutes if you are not able to pay the amount then the price of gold will be increased or decreased according to the live price.
Step 6: After this select any Payment Method and proceed for Payment.
Step 7: Now you have received a notification of Gold Purchase Successful also an invoice of your Gold will be E-Mail to your registered email address.
Features Of Buying Gold From PhonePe
- The live rate of Gold for buying and selling is valid for up to 5 minutes.
- One can buy gold of worth Rs1.
- One can buy a gold maximum of 59.625gm.
- PhonePe provides two gold providers. One is MMTC-PAMP having 99.99% of purity while other is Safegold having 99.5% of purity.
- PhonePe provides 24 Karat Gold.
- You cannot sell the Gold within the purchase of 24 hours.
- You can sell your gold from PhonePe and get the amount in your Bank Account.
- You can also deliver that gold to your address by providing some charges.
Go through this link for more information or services related to PhonePe Gold.
FAQ (Frequently Asked Questions)
Does PhonePe need KYC?
PhonePe wallet is monitored by the RBI and after RBI Guidelines it is necessary to complete the KYC of wallet. Completing the KYC will not harm us in any manner although it will give us some additional benefits fo being a PhonePe KYC verified user.
Note: You don’t need to visit anywhere to complete your KYC just like we need to visit the KYC Center Near Me to complete the Paytm KYC. There is no such PhonePe KYC near me or PhonePe KYC center near me.
How can I pay my electricity bill by PhonePe?
PhonePe is a mobile wallet, we can use it for availing the available services. Some of the services are, Send Money, Electricity Bill Payment, Water Bill Payment, Buy Gold, Sell Gold, Metro Recharge. Just follow the instruction to know how to pay the Electricity Bill from PhonePe.
How do I put money on my Metrocard?
You can use various websites or applications which are available to recharge metro card online. They are easy to use and one of them is described above from which you can recharge Delhi Metro card online. You can also use Paytm & PhonePe to recharge your metro card.