This Akshaya Tritiya, know these great deals online, and make smart use of your credit card to get gold at lower rates
JioFinance, BhararPe offer free gold on digital gold purchases
Live Events
HDFC Smartbuy, ICICI iShop and similar platforms making gold purchases more rewarding
On the occasion of Akshaya Tritiya, most of us are looking to buy gold, as is customary. It is commonly believed that gold bought on Akshaya Tritiya ever appreciates in value and brings immense wealth and prosperity to the buyer.But with gold prices teetering on the Rs 1 lakh mark per 10 grams of 24-carat gold, so many may be hesitating in buying gold at this elevated level. However, multiple online platforms, such as Jio and Amazon Pay, have come out with many offers to help you buy gold while also earning handsome cashbacks, rewards, and sometimes, even more gold in the process.Read on to know more about such offers and why buying gold online and using your credit card might help you save more. What's more, you could even get more gold while buying digital gold.Anyone buying digital gold worth Rs 1,000 to Rs 9,999 via the JioFinance App between April 29 and May 5, 2025, will get 1% of your digital gold purchase value as free gold using the code JIOGOLD. If you make purchases over Rs 10,000, your JioGold account will be credited with 2% of your purchase value as free gold. For this, users can use the promo code JIOGOLDAT100.Applicable on a maximum of 10 purchases per user during the offer period, the maximum value of free gold one buyer can get herein is capped at Rs 21,000. Note that you can only avail this offer on lumpsum gold purchases, and not gold SIPs. The reward gold will be credited to your JioGold account within 3 days of the purchase.Similarly, BharatPe has also launched Gold Mohotsav, which will be valid till tomorrow. Customers investing Rs 5,000 or more in digital gold in a single transaction will get 1% additional gold credited to their portfolio.Under this festive offer, anyone who invests INR 5,000 or more in 24k digital gold in a single transaction will receive an additional 1% gold, credited directly to their portfolio.Till May 1, 2025, Amazon Pay is also offering a 1% cashback (maximum of up to Rs 1,000) on all digital gold purchased via Amazon. However, remember that the minimum value of your digital gold purchase should be Rs 100, and you should only make the payment via Amazon Pay UPI.Not just on these applications, but you can also use your credit cards smartly to buy gold at lower prices through platforms such as Myntra, Amazon, and more.Explains Ankur Mittal, founder, CardInsider, 'The Swiggy HDFC Credit Card offers up to 10% cashback, saving users up to Rs 1,500 (the maximum cashback limit for Swiggy spends), making gold purchases more rewarding than physical stores.'Similarly, the Titan SBI credit card offers a 5% cashback on spending made at jewellery outlets such as Mia, CaratLane, or Zoya. However, this is subject to a quarterly cap of Rs 10,000.'Some credit cards focus more on instant cashback and discounts, while others give better value through reward points. Platforms like HDFC SmartBuy or ICICI iShop allow users to earn extra reward points on voucher purchases, which can later be used to buy gold online through sites like Amazon or Myntra,' he further adds.The HDFC Bank Tata Neu Infinity Credit Card offers up to 7% cashback in the form of Neucoins on spends made across multiple brands, one of which is Tanishq. These neucoins (1 neucoin = Rs 1) can further be used to avail discounts in the future across various other brands.So if used smartly, certain credit cards can help you save much more than you ever would with an offline store, whether through instant offers or by stacking reward points through voucher purchases and using them later.For instance, if you buy an Amazon Pay Gift Card & Gift Voucher worth Rs 10,000 via HDFC's SmartBuy using an Infinia credit card, you can get the voucher at just Rs 8,350, since your reward points will be worth Rs 1,650. You can further use this voucher to buy gold online.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
15 minutes ago
- Time of India
Redevelopment project of Tatanagar railway station put on fast track: SER
1 2 3 Jamshedpur: Officials in South Eastern Railways and the Chakradharpur railway division are trying to fast-track the process of selecting an agency to carry out the redevelopment of Tatanagar railway station. "Technical evaluation of the documents is presently being done, and subsequently, financial evaluation will be done ahead of the finalisation of the agency," Aditya Chaudhary, public relations officer of Chakradharpur railway division, said. Ten agencies participated in the tendering process and submitted their documents, Chaudhary said. Prime Minister Narendra Modi laid the foundation stone for the project in February last year and the railways has sanctioned Rs 348 crore for the project. Notably, the 110-year-old Tatanagar station handles 100-plus trains daily, and it is the only A1 category station in the division. Senior officials at the division said the rebuilding work will begin in five months. The redevelopment plan involves adding new platforms, constructing a new model building, and removing encroachments from a wide area in the vicinity of the platform. "Besides that, the laying of the third and fourth lines between Tatanagar and Gamharia stations is also part of the redevelopment plan," Arun Huria, divisional railway manager of Chakradharpur, said. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 오스템 임플란트 받아가세요 임플란터 더 알아보기 Undo The railway plans to add three more platforms to the existing five at Tatanagar and ensure all eight platforms are equipped with escalator and lift facilities to aid Divyang commuters in reaching the foot over bridge (FOB) for entering and exiting the station. The station will have a multiplex, centralised airconditioning with a 2,000-plus passenger sitting capacity, and a VIP lounge. Spread across 200 acres of land, the proposed model station will have a variety of commercial and entertainment facilities over 79 acres. while the remaining area will be used for core railway infrastructure, officials said. The new station complex will have a network of 130 advanced CCTV cameras in platforms, parking lots, entry and exit gates. Besides Tatanagar, Ranchi and Hatia railway stations are being developed under the station redevelopment scheme.
Time of India
15 minutes ago
- Time of India
Cops probe role of others in multi-crore fraud by former ICICI Bank employee
Kota: After ICICI Bank's internal investigation pinpointed Sakshi Gupta, a former relationship manager at the bank's DCM branch in Kota, as the key figure behind a multi-crore fraud involving customer accounts, Kota police have launched an investigation to determine if others were involved and requested relevant documents from the bank. Tired of too many ads? go ad free now Tarun Dadhich, manager of the city's ICICI DCM branch, on Feb 18, 2025, submitted a report at the Udhyog Nagar police station alleging that Gupta, the former relationship manager at the bank, siphoned off Rs 4.58 crore from 110 accounts belonging to 41 customers over a period between 2020 to 2023. Following the police inquiry, Sakshi Gupta was arrested on May 31 and was remanded to judicial custody following a one-day police remand for interrogation. Udhyog Nagar police station Circle Inspector Jitendra Singh said Saturday that while the internal inquiry identified Sakshi Gupta as solely responsible for the fraud, the police have sought additional documents from the bank to probe the possible role of other persons involved with her in orchestrating the multi-crore fraud. However, Singh said, prima facie, no involvement of other persons has surfaced yet. According to the police, Sakshi Gupta withdrew funds from more than 110 accounts belonging to 41 customers over a span of two and a half years, investing the siphoned amounts in the stock market. However, she suffered significant losses. To hide the transactions from customers, she replaced the registered mobile numbers on several accounts with those belonging to her relatives, ensuring that transaction alerts and OTPs were diverted from the actual account holders. In one instance, she used an elderly woman's account—without her knowledge—as a 'pool account', moving over Rs 3 crore through it by Feb 15, 2023. Tired of too many ads? go ad free now The investigation also revealed that Gupta misused debit cards, PINs, and OTPs for unauthorised transactions, and even activated overdraft facilities on 40 accounts without customer consent. Further inquiry found she prematurely closed fixed deposits belonging to 31 customers, redirecting Rs 1.34 crore into unauthorised accounts. A fraudulent personal loan of Rs 3.4 lakh was also disbursed. Multiple transactions were executed using Insta Kiosk installations and digital banking platforms, with Sakshi exploiting four customers' debit cards for ATM and internet banking usage. The proceeds were transferred to demat accounts as part of an attempted cover-up. Meanwhile, an ICICI Bank spokesperson said Friday, "The interest of our customers is of paramount importance to us. Immediately upon discovering the fraudulent activity, we filed an First Information Report with the police. We have a zero-tolerance policy against any fraudulent activity and thus suspended the employee involved. We would like to reassure that genuine claims of impacted customers have been settled. "
Time of India
15 minutes ago
- Time of India
Beyond paddy hybrids: Basmati may just be the answer for farmers in Punjab
1 2 Chandigarh: Basmati could emerge as a viable alternative following the recent ban on hybrid and Pusa 44 paddy varieties, despite the potential short-term challenges for farmers and seed vendors. Improved market prices in some areas might help offset farmers' concerns about the fluctuating basmati prices experienced over the last few years. Last year, the Punjab govt had imposed a ban on sale of hybrid paddy seeds due to lower rice recovery and poor milling recovery. The hybrid varieties of paddy, besides Pusa 44, gained popularity among farmers because of their early maturity and other short-term benefits. Originally allowed in the early 2000s due to wet conditions in parts of Muktsar, Malout, and Gidderbaha, the use of these seeds eventually spread across Punjab, especially Gurdaspur and Amritsar in the Majha region and Jalandhar and Hoshiarpur in Doaba. Meanwhile, in 2023-24, Punjab produced 26 lakh tonnes of basmati, which increased to 32 lakh tonnes in 202425. Due to international demand, 1121 paddy is being sold at Rs 5,000 per quintal in some areas. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo Ranjit Singh Jossan, vice-president, Basmati Rice Miller and Exporter Association, said with the ban on hybrid varieties and Pusa 44, basmati rice had become a viable and sustainable option. He highlighted that basmati not only consumed significantly less water, but also fetched premium prices in both domestic and international markets. Jossan noted that basmati varieties like 1121, 1885, 1509, 1718, and 1401 were in high global demand and Punjab boasted of a strong marketing structure for basmati. "In 2023-24, Punjab produced 26 lakh tonnes of basmati, which increased to 32 lakh tonnes in 2024-25. Currently, due to strong international demand, 1121 paddy is being sold at a rate of Rs 5,000 per quintal. Looking ahead, rising demand suggests that farmers can expect even better prices. The state govt should now focus on spreading awareness among farmers and encouraging them to transition to basmati cultivation with proper guidance, seed quality control, and export support," he said. Last year, the state govt targeted a 40% increase in basmati paddy cultivation. This year, it is targeting 10 lakh hectares — a significant jump from 5.96 lakh hectares in 2023, with the state pushing for Direct Seeding of Rice (DSR) on one lakh hectare of the targeted basmati area. Basmati growers are also eligible to adopt the DSR technique and avail themselves of a financial incentive of Rs 1,500 per acre. Farmers in the basmati belt of Pathankot, Gurdaspur, Amritsar, and Tarn Taran have shown interest in adopting DSR for the PUSA 1509 variety. MSID:: 121694801 413 |
