UPI Bank: Fintech company Slice has launched India’s first UPI bank. No documents are required to open an account in this bank. The company has started its pilot project in Koramangala area of Bangalore. Let us know what kind of facilities are available in this bank.
UPI Bank: UPI is making waves in many countries of the world including India. Transactions through UPI are increasing rapidly in the country. Be it paying the vegetable vendor or making payment for online shopping, most people now use UPI. Seeing its growing popularity, fintech company Slice has launched India’s first UPI bank. No documents are required to open an account in this bank. The company has started its pilot project in Koramangala area of Bangalore.
After opening an account, cash deposit, withdrawal and other services can be availed in this bank through UPI. Transactions can be done even without a card with the help of UPI integrated ATMs and kiosks. Along with this, robotic assistance has been set up to help the customers coming to the bank in the digital process. In this, you can use completely digital banking without the need for any paper or card.
UPI credit card also launched
According to the news published in NDTV Profit, fintech company Slice has also launched its flagship credit card, Slice UPI Credit Card. There is no membership fee or annual fee on this credit card. Users get the facility to make UPI transactions by withdrawing money from their credit line. This cardholder is also provided up to 3 percent cashback on all transactions. You can also take a loan from this and repay it in three installments without any interest. Users can link this credit card to their UPI. You can use it just like they use their bank account. You can avail bank services from UPI without a debit card and any form.
A full-blown UPI bank branch just dropped in @peakbengaluru. No debit cards, no forms, just scan and deposit/withdraw cash with UPI ATMs and of course, there’s a robot!!
Koramangala 80 Feet Road regulars know this building’s legacy in shaping our startup ecosystem 🦄 pic.twitter.com/l6xULTD52T
— Peak Bengaluru (@peakbengaluru) July 3, 2025
Use UPI ATM as well
Along with the credit card, the bank has also launched UPI ATM. This provides the facility of cash deposit and withdrawal through UPI. Let us tell you that Slice is an Indian fintech company. It provides simple, accessible and digital credit services to youth and new credit consumers. Initially it was known for providing facilities like credit card on digital platform.
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