PhonePe Gold: Buy Jewelry with New Savings Scheme, Get 10th Month Installment Free!
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News18•19-01-2026, 17:59
PhonePe Gold: Buy Jewelry with New Savings Scheme, Get 10th Month Installment Free!
- •PhonePe partners with CaratLane (Tata Group) to launch a Gold Saving Scheme for jewelry purchases.
- •The 'Treasure Chest Jewellery Savings Plan' allows monthly fixed investments for 9 months.
- •In the 10th month, CaratLane deposits an amount equivalent to one monthly installment into the customer's account, effectively making 9 payments equal to 10.
- •Minimum monthly installment is ₹1,000; customers can buy gold worth ₹1 lakh by paying ₹10,000 for 9 months.
- •Funds are not refundable in cash; customers must purchase gold jewelry from CaratLane with the accumulated amount.
Why It Matters: PhonePe and CaratLane offer a gold savings plan, rewarding customers with an extra installment for jewelry.
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