slice

slice is an India-based consumer banking provider operating as slice small finance bank ltd, with a corporate office in Koramangala, Bangalore, Karnataka. Its mobile-first offering combines a credit card usable over UPI, a savings account, rewards, and money-management tools within a single app.

The credit product allows customers to spend on credit anywhere UPI is accepted, online and offline. The savings account is a zero-balance account with no minimum balance requirement; its interest rate is linked to 100% of the Reserve Bank of India repo rate, quoted at 5.25% per annum, with interest credited daily rather than monthly or quarterly. A rewards feature called spark provides instant cashback offers on partner brands, refreshed weekly and applied without promotional codes. The app also automatically categorizes transactions into groups such as food and dining, groceries, transfers, shopping, travel and transport, and presents monthly spending patterns and visual breakdowns. The company states that customer funds are protected through secure infrastructure and round-the-clock monitoring, and that support is available 24/7 without outbound sales calls.

Business model

Consumer retail banking delivered through a mobile app, spanning a UPI-linked credit card, a zero-balance savings account, cashback rewards and spending analytics.