PhonePe – Get 50% Cashback on 1st UPI Transaction via Airtel Payments Bank

PhonePe – a Flipkart group company – introduces a revolutionary way of making mobile payments in India. It works over the Unified Payments Interface(UPI) platform (developed by the National Payments Corporation of India (NPCI)) and is powered by YES Bank.

Airtel Payments bank in association with PhonePe is offering flat 50% Cashback on your 1st UPI Transaction, Maximum cashback you can avail under this offer being Rs 150!! Isn’t it awesome!?

How to Get 50% Cashback via Airtel Payments Bank:-

Set a 6 Digit Secured M-Pin. You will use this to make future transactions using UPI Service.

  • And complete minor process.
  • Now Select your Airtel Payments Bank account then they will fetch your details
  • Now Make your 1st Transaction of Rs 300 (for max benefit) and Get 50% cashback upto Rs 150.
Ajio [CPS] IN


Terms & Conditions :-



  • 50% Cashback upto a maximum cashback of ₹150 on first Airtel Payments Bank UPI Transaction on PhonePe
  • Offer applicable only on customer’s first Airtel Payments Bank UPI Transaction on PhonePe
  • Offer starts on 14:00 hrs on 5th December, 2017
  • Offer is applicable on both iOS and Android devices.
  • The offer is applicable on all payment modes.
  • The offer is valid only once per Bank Account, Credit Card and Debit Card.
  • Cashback will be credited into your PhonePe wallet within 24 hours of successful completion of the transaction.
  • Cashback can be used for recharges, bill payments, merchant transactions across PhonePe
  • Cashback credited to a user cannot be withdrawn to any linked bank account or transferred to other users.
  • If the offer overlaps with other existing offers, the maximum of the offers is applicable.
  • The transaction must be initiated and completed by the user within the PhonePe app
  • PhonePe has the right to amend the terms & conditions, end the offer, or call back any or all its offers without prior notice.


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