PhonePe UPI, Payment, Recharge

PhonePe: Your All-in-One Financial Solution

Streamline your finances with PhonePe, a comprehensive app for UPI payments, recharges, and more. Enjoy quick and secure transactions at online and offline retailers using UPI, debit, or credit cards. Beyond payments, PhonePe offers investment and insurance options, all within a user-friendly and secure environment.

Key PhonePe Features:

• Effortless Payments: Utilize BHIM UPI, credit/debit cards, or wallets for mobile recharges, bill payments, and instant transactions at countless online and offline locations.
• Investment & Insurance: Invest in mutual funds and secure various insurance plans, including car and bike insurance.
• Convenient Banking: Link your bank account for instant money transfers via BHIM UPI, offering a superior alternative to traditional online banking.
• Versatile Payment Options: Make online payments on major platforms like Flipkart, Amazon, Myntra, Zomato, Swiggy, Bigbasket, and Grofers. 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 processes.
• Additional Benefits: Access personal loans with competitive interest rates and convenient 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 payable: Rs 8309.97 Total processing fee payable: Rs 2000 Total cost to user: Rs 110,309.97

Mutual Funds & Investments:

• Liquid Funds: Earn higher returns than savings accounts.
• Tax-Saving Funds: Save up to Rs 46,800 on taxes while growing 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 without lock-in periods.
• Hybrid Funds: Balance growth and stability.
• 24K Pure Gold: Buy or sell guaranteed 24K pure gold and save.

What's New:

• PhonePe Lending: Access pre-approved loans with attractive rates and easy repayment options.
• UPI Lite: Experience lightning-fast payments with minimal failures. Pay up to ₹500 without a PIN. Add up to ₹2,000 and withdraw anytime, fee-free.
• RuPay Credit Card on UPI: Pay with your PIN; no CVV or OTP needed. Check your credit card balance conveniently.
• PhonePe Insurance: Seamlessly compare and purchase health, life, car, and bike insurance plans.