Key Highlights:
- Location: Koramangala, Bengaluru
- Launched by: Fintech firm Slice
- India’s first: Physical bank branch with UPI-powered banking
Features of the UPI-Integrated Branch
- UPI-integrated ATMs
- Instant account opening
- Cash transactions via UPI (no need for debit cards)
- Cash deposit and withdrawal using UPI apps
Additional Launch
- UPI-linked credit card:
- No joining or annual fee
- Enables QR-code payments directly from credit line
Significance
- The branch is a pilot project for potential nationwide expansion of UPI-driven physical branches.
