As Per New RBI Guidelines Now You Cannot Use Slice As Credit Line
So Now Slice Came Up With New Policy
Slice Mini : It’s A Prepaid Card Similar King Of Junio/Akudo
You Can Activate Slice Mini Without Any Credit History Or Enquiry Available To All Users
Load Money In Slice Mini Using UPI/Debit/Credit Cards And Use Your Slice Card
You Will Get Upto 2% Cashback On Every Transactions. Slice Sparks Also You Can Use
You Can Link Slice Mini Account To Slice UPI Handle
Slice Borrow : You Need To Borrow Amount Each Time When You Want To Transact
The Max Amount You Can Borrow Depends On Purchase Power
You Can Repay in A Month With 0% Intrest Or Upto 12 Months With Some Interest Rate
Every Time You Borrow Amount From Purchase Power, A Small Fee Will Be Charged
Slice UPI : You Can Activate Slice UPI And You Can Link Any Bank Account
You Can Even Link Slice Mini Account To Slice UPI After Nov 2022
You Can Get Rewards For Slice UPI Usage
This New Features May Be Available From Nov 2022. Till Then You Can Use Slice Card Normally
Few Users Received Email Regarding This. Soon All Users Will Receive Emails
This New Changes Valid For All Users. Even Though You Received Email Or Not
So From Nov 2022 Onwards May Be All Users With Or Without Credit Score Can Use Slice App
If Credit Score Available You Can Use Slice As Credit Line
If No Credit Score You Can Use Like Prepaid Card
Changes Applicable To All Users May Be From Nov Or Dec 2022. Till Then You Can Use Slice Card Normally