Revolutionize your financial management with PhonePe UPI, Payment, Recharge, designed for seamless phone recharges and bill payments. Enjoy instant transactions at both online and offline stores using UPI, debit, or credit cards. Additionally, invest in mutual funds and secure insurance plans, all within a safe and user-friendly interface.

Features of PhonePe UPI, Payment, Recharge:

Easy and Secure Payments: PhonePe allows you to make payments using BHIM UPI, credit cards, debit cards, or wallets for mobile recharge, utility bill payments, and instant payments at your favorite offline and online stores. Experience the convenience and security of hassle-free transactions.

Investment and Insurance: You can invest in mutual funds and purchase insurance plans on PhonePe. It also offers car and bike insurance. With PhonePe, you have the tools to grow your wealth and secure your future with just a few taps.

Banking Services: Link your bank account on PhonePe and transfer money instantly using BHIM UPI. It provides better convenience and reliability for all your banking needs compared to traditional online banking. Enjoy seamless banking at your fingertips.

Online and Offline Payments: You can make online payments on various shopping websites like Flipkart, Amazon, and Myntra. It also allows you to pay for food orders on platforms like Zomato and Swiggy, as well as grocery orders on platforms like Bigbasket and Grofers. Additionally, you can make offline payments at local stores by simply scanning QR codes, making your shopping experience smoother and quicker.

Insurance Purchasing: PhonePe's insurance application allows you to compare and purchase health and term life insurance policies. It also offers car and bike insurance, providing a seamless experience with quick purchase and renewal options. Secure your future with comprehensive insurance coverage tailored to your needs.

Other Features: PhonePe offers personal loans with attractive interest rates and easy repayment options. You can also recharge your prepaid mobile phones and DTH services. The app supports bill payments, including credit cards, landline bills, electricity bills, water bills, gas bills, and broadband bills. Additionally, you can purchase PhonePe gift cards to conveniently make payments at various offline and online stores.

Example:

Principal: Rs 100,000

Interest rate: 15% p.a. (reducing)

Processing fee: 2%

Tenure: 12 months

Total interest payable: Rs 8,309.97

Total processing fee payable: Rs 2,000

Total cost to user: Rs 110,309.97

Mutual Funds & Investment App

• Liquid Funds: Get higher returns than savings banks. Ideal for short-term investments with easy liquidity.

• Tax Saving Funds: Save up to Rs 46,800 in taxes and grow your investments. A smart way to reduce your tax liability while investing for the future.

• Super Funds: Achieve financial goals with help from experts on our app. Let professionals guide you to your financial success.

• Equity Funds: High growth products curated according to risk appetite. Invest in the stock market with confidence.

• Debt Funds: Invest to get stable returns with no lock-in period. Perfect for those looking for steady income.

• Hybrid Funds: Achieve a balance of growth and stability. Diversify your portfolio with a mix of equity and debt.

• Buy or Sell 24K Pure Gold: Guaranteed 24K purity, save on gold on our app. A convenient way to invest in gold without the hassle.

What's New

PhonePe Lending:

• Get pre-approved loans seamlessly. Enjoy attractive rates, easy repayments, and self-serve modules. Simplify your borrowing experience.

UPI Lite

• Experience super-fast payments with near-zero failures. Enjoy the speed and reliability of UPI Lite.

• Pay up to ₹500 without any PIN. Quick and easy payments for small transactions.

• Add up to ₹2,000, withdraw anytime, no charges. Flexibility and convenience at your fingertips.

Rupay Credit Card on UPI

• No need for CVV and OTP; pay with PIN. Simplify your credit card transactions.

• Check credit card balance. Stay on top of your finances with ease.

PhonePe Insurance:

• Compare and buy health, life, car, and bike insurance plans seamlessly. Protect what matters most with comprehensive insurance options.