Slice Launches UPI Credit Card and India’s First UPI-Driven Bank Branch

Fintech company Slice has introduced a new credit card that works through the Unified Payments Interface (UPI). This new card, called the Slice Super Card, acts like a UPI-based credit card. There are no joining fees or yearly charges to use it. 

People can pay by simply scanning QR codes or making UPI payments directly from a credit line that has already been approved for them. The card also offers up to 3% cashback on every purchase. Another benefit is the “slice in 3” feature, which lets customers divide their payments into three parts without any interest charges.

India’s First Physical UPI-Focused Bank Branch and ATM

Along with the launch of the super card, Slice has opened India’s first physical bank branch and ATM designed fully around UPI payments. This new branch is located in Koramangala, Bengaluru. The special UPI ATM inside the branch allows people to both withdraw and deposit cash—something that is still very rare in India.

Services at the UPI Bank Branch

The new branch provides several digital and self-service facilities, including:

• Instant online onboarding for new customers
• Kiosk-based account opening and access to banking services
• A fully integrated UPI banking experience
• Automated and self-service customer support for a faster process

Aiming to Bring Credit to More People

Slice’s focus on UPI is meant to help expand access to formal credit in India. Even though more than 200 million people use digital payments regularly, many still cannot get credit easily. With its recent merger with North East Small Finance Bank (NESFB), Slice has become a full-stack bank. This means it now has control over its own infrastructure, licenses, and systems to offer a wider range of services.

Rajan Bajaj, who is the Founder and Executive Director of Slice, said that their goal is to deliver credit at the point of sale using mobile technology. This would help bring more merchants and customers into India’s credit ecosystem through UPI.

Satish Kumar Kalra, Managing Director and CEO of Slice, described this development as “a revolution” in how people in India engage with banking and credit. He added that credit on UPI will be the next big leap for financial inclusion across the country.

Strong Support from Global Investors

Slice is backed by some of the world’s well-known investors, including Tiger Global, Insight Partners, and Blume Ventures. These investments help Slice grow its technology, expand its services, and build more innovative banking products.

Read More: Key Financial Changes from July 2025: Aadhaar-PAN Linking, Taxes, Railways, HDFC Credit Cards, and More!

Conclusion

Slice’s launch of a UPI-based credit card and India’s first UPI-focused bank branch shows how banking in India is changing. By combining modern technology with easy credit access, Slice is paving the way to make formal credit more available to millions of digital payment users across the country.

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