PhonePe: Your All-in-One Financial Solution

Streamline your finances with PhonePe, a comprehensive app for UPI payments, recharges, and more. Enjoy the convenience of instant transactions at online and offline retailers using UPI, debit/credit cards, and various other payment methods. Beyond payments, PhonePe offers investment and insurance options within a secure, user-friendly platform.

Key Features:

• Effortless Payments: Make secure payments via BHIM UPI, credit/debit cards, and wallets for mobile top-ups, utility bills, and in-store purchases (both online and offline).

• Investment & Insurance: Invest in mutual funds and access a range of insurance plans, including car and bike insurance.

• Convenient Banking: Link your bank account for instant money transfers using BHIM UPI, offering a more streamlined experience than traditional online banking.

• Versatile Payment Options: Pay online at major platforms like Flipkart, Amazon, Myntra, Zomato, Swiggy, Bigbasket, and Grofers, or pay offline by scanning QR codes at local businesses.

• Comprehensive Insurance: Compare and purchase health, term life, car, and bike insurance policies easily, with quick purchase and renewal options.

• Additional Services: Access personal loans with competitive interest rates and flexible repayment plans. Recharge prepaid mobile phones and DTH services, pay bills (credit cards, landlines, electricity, water, gas, broadband), and purchase PhonePe gift cards.

Loan Example:

Principal: Rs 100,000 Interest rate: 15% p.a. (reducing) Processing fee: 2% Tenure: 12 months Total interest: Rs 8,309.97 Total processing fee: Rs 2,000 Total cost: Rs 110,309.97

Mutual Funds & Investments:

• Liquid Funds: Earn higher returns compared to savings accounts.
• Tax-Saving Funds: Save up to Rs 46,800 on taxes while building your investments.
• Super Funds: Achieve your financial goals with expert guidance.
• Equity Funds: High-growth options tailored to your risk tolerance.
• Debt Funds: Invest for stable returns with no lock-in periods.
• Hybrid Funds: Balance growth and stability in your portfolio.
• 24K Pure Gold: Buy or sell guaranteed 24K pure gold, saving on purchase costs.

What's New:

• PhonePe Lending: Access pre-approved loans with attractive rates and easy repayment options.

• UPI Lite: Experience lightning-fast payments with minimal failure rates. Pay up to ₹500 without a PIN, add up to ₹2,000, and withdraw anytime, all fee-free.

• RuPay Credit Card on UPI: Pay using your PIN without needing a CVV or OTP. Conveniently check your credit card balance.

• PhonePe Insurance: Seamlessly compare and purchase health, life, car, and bike insurance plans.