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Hyderabad, April 5th, 2025 – slice and North East Small Finance Bank (NESFB), India’s first fintech-bank, unveiled a suite of modern banking solutions at Startup Mahakumbh 2025, held from April 3rd to 5th at Bharat Mandapam, New Delhi. Following the merger of slice and NESFB, the unified entity has launched high-yield banking products and instant credit solutions designed for today’s fast-evolving digital economy and is set to unveil India’s first AI-powered Smart Banking flagship branch.
Startup Mahakumbh served as the perfect platform for the merged entity to engage with entrepreneurs, policymakers, and innovators, aligning with the event’s vision of shaping a self-reliant, Viksit Bharat by 2047 through next-gen entrepreneurial ventures. With a strong focus on accessibility, innovation, and customer-first banking, the fintech-bank is poised to expand across India—transforming banking not only in metro cities but also in semi-urban and rural regions.
The bank’s latest offerings are designed to empower customers with better returns, greater financial flexibility, and a frictionless digital banking experience:
- Fixed Deposit: Up to 9% interest per annum, among the highest in the country.
- Digital Savings Account: Earn 100% of the RBI repo rate with interest earned daily, maximizing savings efficiency.
- Recurring Deposit: Interest rates of up to 8.5%, supporting easy wealth accumulation.
- Enterprise Development Loans: Tailored credit solutions for small businesses and traders.
- slice borrow: Instant funds of up to INR 5 lakhs, enabling quick financial access.
- slice UPI: Ultra-fast UPI payments for smooth, instant transactions.
Commenting on the launch, a slice | NESFB spokesperson said, “We are proud to present our cutting-edge digital banking solutions at Startup Mahakumbh, reaffirming our mission to make banking more accessible, secure, and rewarding for all. With high-yield deposits, instant credit offerings, and now AI-powered smart branches, we are redefining what inclusive, future-ready banking looks like. Our upcoming AI bank branches are a testament to our commitment to bridging the digital divide while expanding our footprint across India.”
The AI-powered flagship branch is set to offer a seamless, paperless, and customized banking experience with 24×7 access to digital services, self-service kiosks, and instant loan processing. These branches are designed to serve both urban and rural populations, enabling NESFB to extend its digital-first approach across diverse markets.
By integrating strong risk management architecture with innovation, the fintech-bank aims to provide customers with a frictionless, secure, and trustworthy banking experience. These initiatives mark a significant leap forward in India’s banking landscape—driven from the Northeast and powered by a fintech core.
