slice borrow
slice borrow gives you instant credit up to 5 lakhs with full control and flexibility. Whether it's a mid-month crunch or a big plan ahead, you get the credit you need, right when you need it. You can borrow funds to your savings account or pay directly to any merchant, just like your regular UPI payments. It combines the power of instant credit with the convenience of UPI, making it easier to pay, plan, and stay in control.
Why borrow?
Instant disbursal
Your funds are credited directly to your bank account within minutes; no delays, no waiting
Pay merchants directly via UPI
Pay merchants directly via UPI with only 1% processing fee for 1-month repayment
Flexible repayment
Choose a repayment tenure that suits your cash flow and pay back at your own pace, stress-free
No foreclosure charges
We don't believe in penalizing good habits. Close your loan anytime without paying a rupee extra in foreclosure fees
Interest Rate:
Ranges from 22% to 32% (annualized)
Fees & Charges:
Processing Fee:
You will be charged a one-time processing fee of up to 4% + GST, with a minimum fee of ₹50.
Foreclosure Charges:
₹0
Late Payment Penalty:
₹500 or 30% of EMI (whichever is lower)
Click here to view MCLR and EBLR details.
slice engages with authorized third-party Loan Service Providers (LSPs) for collection and recovery activities. These agents are trained to follow regulatory guidelines and conduct recovery efforts in a fair and respectful manner.
The list of authorized loan recovery LSPs engaged by slice can be found below.
By using slice's products and services, you agree to our Terms and Conditions and acknowledge our Privacy Policy. These outline your rights, responsibilities, usage guidelines, and how we handle your personal data.
We recommend that you read them carefully before proceeding.
We aim to keep borrowing simple and transparent. This quick guide explains how your loan status is tracked and classified.
RBI's guidelines on Income Recognition, Asset Classification, and Provisioning (IRACP) ensure all banks follow a uniform and transparent process when assessing loan accounts. Understanding these classifications can help you manage your loan better and maintain a healthy credit profile.
Click here to view the NPA Awareness document.
The list of our financing partners and Default Loss Guarantee (DLG) disclosures is available here.
If you have a complaint, grievance, or need to report an unauthorized transaction, you can reach us through our mobile banking app, nearest branch, customer support email, or toll-free number. We’ll acknowledge your request within 48 hours.