Amazon is running a powerful “Gold Loot” offer where you can stack a flat ₹2,000 cashback coupon with 5% credit card cashback with Amazon Pay ICICI credit car,d and on select gold jewellery and coins. By choosing the right product and payment method, it is possible to buy 24K gold at an effective rate lower than today’s market price.
Offer Highlights
- Flat ₹2,000 cashback via a collectable Amazon coupon on eligible gold items. : Collect Here
- Extra 5% cashback when you pay using Amazon Pay ICICI Credit Card or SBI Cashback Credit Card on eligible gold jewellery/products as per offer terms.
- Works best on high‑value gold jewellery/pendants where both coupon and % cashback apply, giving a huge effective discount per gram.
Always check the “Offer” section on the product page and at checkout to confirm that both the ₹2,000 coupon and 5% card cashback are showing for your account and card.
How To Get ₹2000 Cashback + 5% Discount on Gold
Step 1: Collect ₹2,000 Cashback Coupon
First, you need to collect the special Amazon coupon that gives flat ₹2,000 cashback on eligible gold purchases.
Collect Amazon From: Visit Amazon
- Open the coupon link and log in to your Amazon account.
- Tap on “Collect” / “Activate” the ₹2,000 cashback coupon.
- Once collected, the coupon automatically applies on eligible gold products in your cart, provided the minimum purchase conditions are met.
Master Link of The Gold Products: Visit Amazon Gold Coins
Join Our Community Channels
Save Upto Rs.10,000 Per month with exclusive offers and deals. Get instant alerts!
Bangalore Refinery 2gm 24K gold pendant: Buy From Amazon
Step 2: Pay with Amazon Pay ICICI or SBI Cashback Card
Once you have added the pendant from Bangalore Refinery (or any similar eligible gold jewellery item) to your cart:
- Confirm that the ₹2,000 coupon is applied on the checkout page.
- Select Amazon Pay ICICI Credit Card or SBI Cashback Credit Card as the payment method.
- Ensure the 5% card cashback message is visible under offers (for eligible categories like jewellery; pure “gold coin” SKUs may sometimes be excluded, so double‑check).
The card cashback is generally posted later as a statement credit or Amazon Pay balance, depending on card terms.
Effective Price Calculation
Using your example numbers for the Bangalore Refinery 2gm 24K pendant:
- Listed price on Amazon (inclusive of GST): approx. ₹29,805.
- 5% cashback via Amazon Pay ICICI card: roughly ₹1,490 on this amount.
- Flat cashback via ₹2,000 coupon: ₹2,000.
So the effective out‑of‑pocket cost becomes:
- ₹29,805 − ₹2,000 − ₹1,490 ≈ ₹26,315 for 2 grams, i.e. about ₹13,157 per gram including GST.
For comparison, if today’s approximate effective market rate for 24K gold is around ₹14,279 per gram after making charges and GST, then buying via this stack gives a net notional gain of roughly ₹2,200 on 2 grams.
