Fintech innovator slice has launched its first UPI-powered physical bank branch in Koramangala, Bengaluru, along with an ATM that accepts cash deposits and withdrawals via UPI. This move aims to redefine traditional banking by turning it from a routine necessity into a seamless, tech-driven experience.
The new branch marks a major milestone in slice’s mission to revolutionize credit and banking access across India. Customers can walk into the branch for instant account openings, explore banking products through self-service kiosks, and transact using the UPI-integrated ATM—all designed to maximize speed, ease, and accessibility.
Slice UPI Credit Card: No Fees, More Rewards
As part of the launch, slice introduced the slice UPI credit card, which carries no joining or annual fees. Linked to a credit line, it enables customers to make UPI payments or scan QR codes just like a regular debit UPI transaction—while enjoying the benefits of credit.
Key features include:
- Up to 3% cashback on all spends
- Slice in 3: Convert any purchase into three interest-free EMIs instantly
This product builds on slice’s larger vision to democratize credit in India by leveraging the power of UPI, which has already enabled digital payments for over 400 million users.
A Shift from Fintech to Full-Stack Banking
Unlike many fintech companies that depend on partner banks, slice owns its entire banking infrastructure—from core systems to underwriting engines—allowing full control over the customer experience.
Satish Kumar Kalra, MD & CEO of slice, stated:
“In my 40 years of banking, I’ve witnessed many milestones—but this feels like a revolution. With credit on UPI and full-stack control, we’re reimagining what banking can be for every Indian.”
Expanding Footprint and Vision
While slice has roots in Northeast India, this physical expansion to Bengaluru marks the next phase of its growth story. The company aims to address the credit needs of 300 million customers and merchants, many of whom have never accepted credit cards before.
“The real opportunity is enabling safe, scalable credit at the point of sale, through a mobile-first approach, while lowering cash handling costs with slice UPI ATMs. We believe this is the path to making essential banking services viable for a billion Indians.”
The Future of Banking Begins Today
Slice’s UPI-first branch delivers: