Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

Slice review

Pay digitally and kickstart your credit journey with this Indian challenger bank.

Slice is a free-to-use digital payment app and card tailored for the needs of India’s millennials. Equipped with a wide range of AI-powered features, users can easily manage their finances, control card settings, make timely repayments and even access emergency cash – all within a single app.

Find out more about Slice and decide if it’s suitable for you before signing up.

No reviews yet. Write a review

₹0

Account Service

₹0

Average Monthly Balance (AMB)

₹0 p.a.

Physical Debit Card

Details

Product NameSlice card
Annual Account Service₹0
Average Monthly Balance (AMB)₹0
How to openMobile, Website
Fund TransferUPI
Mobile paymentsGoogle Pay, PhonePe, Paytm

How does Slice work?

Slice (formerly known as SlicePay) is a fintech startup that offers card-based solutions to help young Indians get started on their credit journey and achieve financial capability.

Unlike traditional credit card providers, Slice offers a free prepaid card with a pre-approved credit line without requiring any income proof or existing credit score. This way, the vastly underserved groups (especially students, freelancers and young professionals between 18 to 29 years old) who are typically unable to meet the stringent criteria from banking institutions will be able to build their credit history early on.

In addition to the Slice card, customers will also be able to manage their daily banking needs, benefit from no-cost EMI or access emergency cash directly from the Slice mobile app.

Key features

  • Free account and card. Receive a free-to-use Slice Visa card that comes with a pre-approved credit line (up to ₹. 1 lakh).
  • Spend and manage. Control your finances from a single app. Make your daily payments, track your expenses, enjoy no-cost EMI offers and more.
  • Widely accepted. Partnering with RuPay, the slice card allows you to access over 5 million online and offline merchants across India.
  • Build credit score. Make timely repayments and build your credit score to unlock long-term financial benefits.
  • Buy now, pay later. Up to 6 months of fee-free EMIs from top e-commerce websites such as Amazon, Flipkart, Myntra and more.
  • Auto debit. Set up the auto debiting feature from your Slice app settings and settle your Slice bill automatically on the 5th of each month. This way, you’d never miss a payment.
  • Short term loans. Customers can also avail short-term cash loans for emergencies.
  • Exclusive offers. Enjoy curated deals and promotions on grocery, food delivery, shopping, fuel and more.
  • Referral bonus. Invite your friends to Slice and earn a cashback of ₹. 500 each when they have completed their first Slice card transaction.

Fees and limits

  • Credit limits. For new Slice users, you’d be entitled to ₹ 1 Lahk (if you’re a student) or ₹ 2 Lakh (if you’re a working professional). Your credit limit will increase as you continue to use your Slice card and repay on time.
  • Late payment penalty. Late fee charges will be imposed from the 4th day of the overdue instalment. The penalty will be calculated at ₹ 35 per day, up to a maximum limit of ₹ 2,000; or 30% of the outstanding amount. Interest charges will also be imposed on the overdue principal amount.
  • Bank transfer fees. You’ll be charged a norminal fee when you transfer money from Slice to your bank account, starting from Rs. 30 to a maximum of Rs. 950.

The verdict

With zero subscription fees and a multitude of credit features, Slice certainly rises above its competition.

Users can easily avail short-term loans, split large bills into no-fee EMIs and access a pre-approved credit line, without having to submit income documents for a stringent approval process that’s typically required by traditional credit card providers. Also, Slice’s easy-to-use mobile app offers a clear, real-time overview of your expenses, allowing you to track your expenses and spending patterns.

Before signing up with Slice, make sure to compare other available products in the market to find one that’s best suited for your credit and payment needs.

How to sign up with Slice

To sign up for an account, simply download the Slice app on your smartphone (available on both iOS and Android devices). Input your personal information and complete the KYC process (Aadhaar and PAN card details required). Applications will be approved within 24 hours.

Eligibility criteria

  • 18 years of age or above
  • Indian resident
  • Student, salaried professional, or self-employed individual

Compare a range of digital bank accounts in India

1 - 20 of 21
Name Product Mobile view digital banks Monthly Account Service Interest Average Monthly Balance (AMB) Fund Transfer
Kotak 811 Digital Bank Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 4% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS

₹0
Up to 4% p.a.
₹0
IMPS
Access essential banking services such as NEFT / IMPS transfers and virtual debit card payments, without having to complete a full KYC verification.
AU Bank ABHI Savings Account
AU Bank ABHI Savings Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 7% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS, NEFT, RTGS

₹0
Up to 7% p.a.
₹0
IMPS, NEFT, RTGS
The AU ABHI Savings Account offers rates of up to 7% with fee-free fund transfers, monthly interest payout options, and a virtual debit card amongst other benefits.
Equitas Bank Savings Account
Equitas Bank Savings Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 7% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS, NEFT, RTGS

₹0
Up to 7% p.a.
₹0
IMPS, NEFT, RTGS
The Equitas Regular Savings account comes with no maintenance charge, attractive reward points, and a 7% p.a. interest for amounts above Rs 5 lakhs and up to 2 crores.
Indus Delite
  • Monthly Account Service

    ₹0

  • Interest

    Up to 6% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    N/A

₹0
Up to 6% p.a.
₹0
N/A
Receive a rewards-packed Platinum Plus debit card with this zero balance savings account and benefit from attractive cashback, deals, complimentary insurance, and more.
Axis Bank EASY ACCESS Savings Account
  • Monthly Account Service

    ₹10

  • Interest

    Up to 3.5% p.a.
  • Average Monthly Balance (AMB)

    ₹10,000
  • Fund Transfer

    IMPS, NEFT, RTGS

₹10
Up to 3.5% p.a.
₹10,000
IMPS, NEFT, RTGS
This interest-bearing account offers coverage for personal accident and lost card liability, allowing you to save and spend with peace of mind.
Axis Bank PRIMESavings Account
  • Monthly Account Service

    ₹10

  • Interest

    Up to 3.5% p.a.
  • Average Monthly Balance (AMB)

    ₹25,000
  • Fund Transfer

    IMPS, NEFT, RTGS

₹10
Up to 3.5% p.a.
₹25,000
IMPS, NEFT, RTGS
Meet your everyday banking needs and more. Enjoy features such as enhanced transaction limit, purchase protection, and other exclusive lifestyle privileges.
ICICI Bank Insta Save Account
ICICI Bank Insta Save Account
  • Monthly Account Service

    ₹0

  • Interest

    N/A
  • Average Monthly Balance (AMB)

    ₹10,000
  • Fund Transfer

    IMPS, NEFT, RTGS, UPI

₹0
N/A
₹10,000
IMPS, NEFT, RTGS, UPI
The ICICI Bank Insta Save Account is a completely digital savings account with 24x7 online access to all its banking facilities, along with exciting rewards and benefits.
Open Startup
Open Startup
  • Monthly Account Service

    ₹500

  • Interest

    N/A
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS, NEFT, RTGS, UPI

₹500
N/A
₹0
IMPS, NEFT, RTGS, UPI
Enjoy a full suite of business banking features, including automated bookkeeping, low commissions, access to developer APIs, and more.
Digibank Savings Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 4% p.a.
  • Average Monthly Balance (AMB)

    ₹5,000
  • Fund Transfer

    IMPS, NEFT, RTGS, UPI

₹0
Up to 4% p.a.
₹5,000
IMPS, NEFT, RTGS, UPI
Benefit from competitive interest rates, spend analytics and effortless payments with this fully digital savings account.
Slice card
Slice card
  • Monthly Account Service

    ₹0

  • Interest

    N/A
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    UPI

₹0
N/A
₹0
UPI
Benefit from cashback, no-cost EMIs features and more with Slice’s free Visa debit card. Available in both physical and virtual form
YES Bank Savings Account PRO Max
YES Bank Savings Account PRO Max
  • Monthly Account Service

    ₹0

  • Interest

    Up to 5.5% p.a.
  • Average Monthly Balance (AMB)

    ₹75,000
  • Fund Transfer

    IMPS

₹0
Up to 5.5% p.a.
₹75,000
IMPS
This account provides premium banking benefits, including high transaction limits and discounted asset pricing, and puts all your finances at your fingertips.
Jupiter Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 2.5% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS, NEFT, RTGS, UPI

₹0
Up to 2.5% p.a.
₹0
IMPS, NEFT, RTGS, UPI
Take control of your finances with advanced spend analytics, live insights and more. Earn 1% cashback on all purchases with a free debit card.
Axis Bank BURGUNDY Savings Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 3.5% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    NEFT

₹0
Up to 3.5% p.a.
₹0
NEFT
A personal banking account that comes with premium features such as 24/7 concierge service, complimentary airport access and exclusive privileges.
Walrus Debit Card
Walrus Debit Card
  • Monthly Account Service

    ₹0

  • Interest

    N/A
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    UPI

₹0
N/A
₹0
UPI
This contactless debit card is offered by Walrus, a digital banking and payments app that comes with convenient on-the-go money management features.
Airtel Rewards123
Airtel Rewards123
  • Monthly Account Service

    ₹25

  • Interest

    Up to 2.5% p.a.
  • Average Monthly Balance (AMB)

    ₹500
  • Fund Transfer

    N/A

₹25
Up to 2.5% p.a.
₹500
N/A
The Rewards123 account is a digital savings account that offers exciting cashbacks and rewards on every spend made using the account.
Payzello
  • Monthly Account Service

    ₹0

  • Interest

    N/A
  • Average Monthly Balance (AMB)

    ₹5,000
  • Fund Transfer

    IMPS

₹0
N/A
₹5,000
IMPS
Benefit from a host of banking and payments features, plus a three-in-one smart card with integrated debit, credit and forex functionalities.
IPPB Digital Savings account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 2.5% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS, NEFT, RTGS

₹0
Up to 2.5% p.a.
₹0
IMPS, NEFT, RTGS
Take control of your finances and access essential banking services digitally with this zero balance account.
Niyo IDFC First Savings Account
Niyo IDFC First Savings Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 6% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    IMPS, NEFT, UPI

₹0
Up to 6% p.a.
₹0
IMPS, NEFT, UPI
Get everything you need to manage finances and more, including a free platinum debit card, 0% forex markup and effortless investment tools.
HDFC Bank Instant Savings
  • Monthly Account Service

    ₹0

  • Interest

    Up to 2% p.a.
  • Average Monthly Balance (AMB)

    ₹0
  • Fund Transfer

    N/A

₹0
Up to 2% p.a.
₹0
N/A
Choose and open a new HDFC savings account instantly at the comfort of your home. All you need is a valid mobile number, Aadhaar, and PAN details to get started.
Axis Bank PRIORITY Savings Account
  • Monthly Account Service

    ₹0

  • Interest

    Up to 3.5% p.a.
  • Average Monthly Balance (AMB)

    ₹200,000
  • Fund Transfer

    NEFT

₹0
Up to 3.5% p.a.
₹200,000
NEFT
Enjoy personalised banking services with this priority savings account. Benefit from locker discounts, reward points and more.
loading

Compare up to 4 providers

Frequently asked questions

Ask an expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms and Privacy Policy.
Go to site