Slice Savings Account (Wallet Discontinued)

[praful47]

This is there for some time. On related note, ICICI informed that their Paylater credit line feature is being withdrawn from May.

Any idea when they will launch credit card

 

[cardgenie]

Slice recently tied up with North east bank and introduced fully digital bank account with below features

1. Interest rate would be as per repo rate which is currently around 6% without any slabs and interested to be credited daily

2. Fd rates seem to be attractive too...8.5 % for 1 year deposit

Thinking of using this account for parking Idle funds..


Anyone has already opened, Any thoughts and experience with this account ?

 

[Rahul098]

Slice has introduced a new feature allowing selected users to upgrade their Slice Wallet into a Savings Bank Account.This move follows its merger with North East Small Finance Bank.

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Key Features of the Upgraded Savings Account​

1. Zero Balance Account
   • You won’t need to maintain a minimum balance in this account.
   • There are also no Annual Maintenance Charges (AMC), making it a free-to-maintain account.
2. 6.25% p.a. Interest Rate
   • A flat 6.25% annual interest rate, which is quite attractive compared to the 3-4% most savings accounts offer.
   • Interest is credited daily.
3. No Charges (for now)
   • As of now, there are no account opening fees or hidden charges.
4. Debit Card
   • Users will be issued a virtual Rupay Classic debit card for online transactions.
   • Physical debit card - Rs.299 issuance charges.
5. Cheque Book on Request
   • A cheque book is not issued automatically but can be provided upon request.

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Important Note: Slice Wallet Will Be Closed​

Once you upgrade your Slice Wallet to the Savings Account, your Slice Wallet will be permanently closed. This is an irreversible process.

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Who Can Upgrade?​

The upgrade is not available to everyone. It’s currently being offered to selected users based on Slice’s internal criteria. If you’ve received the option, you’ll see it in your Slice app.

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Why This Upgrade Could Be a Good Move:​

• A higher interest rate compared to most savings accounts.
• A truly zero-balance account with no hidden fees (as of now).
• Daily interest payouts, which could maximize your savings.

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Important Links:

• https://www.sliceit.com/savings-terms/
• https://www.sliceit.com/ppi-closure-terms/

Update:
New users do not have option for wallet services. Bank account will be opened directly. No change for existing wallet customers as of now.

I have also using slice it's working fine no issues till now

 

[praful47]

Thread 'Slice Savings Account (Wallet Discontinued)'

Jan 1, 2025

Slice has introduced a new feature allowing selected users to upgrade their Slice Wallet into a Savings Bank Account.This move follows its merger with North East Small Finance Bank.

---

Key Features of the Upgraded Savings Account​

1. Zero Balance Account
   • You won’t need to maintain a minimum balance in this account.
   • There are also no Annual Maintenance Charges (AMC), making it a free-to-maintain account.
2. 6.25% p.a. Interest Rate
   • A flat 6.25% annual interest rate, which is quite attractive compared to the 3-4% most...

• varun__goel_
• account bank account savings savings account upgrade wallet
• Replies: 253
• Forum: Bank Account

• 
• 
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Puri ram katha h slice ki .

 

[mrbean]

Slice recently tied up with North east bank and introduced fully digital bank account with below features

1. Interest rate would be as per repo rate which is currently around 6% without any slabs and interested to be credited daily

2. Fd rates seem to be attractive too...8.5 % for 1 year deposit

Thinking of using this account for parking Idle funds..


Anyone has already opened, Any thoughts and experience with this account ?

I have good experience with slice (Northeast Bank).
It is useful for parking idle funds and getting fd rate interest.

 

[Anupama_Jha]

Received this physical FD advice delivered today.
This is a landscape printing on A4 size normal printer paper.
Received from Guwahati head office of NESFB.

 

[praful47]

Received this physical FD advice delivered today.
This is a landscape printing on A4 size normal printer paper.
Received from Guwahati head office of NESFB.
View attachment 96101

Bank pura tarraki me h

 

[Strange]

Bank pura tarraki me h

Slice ko Clown Neo Bank Fi and Jupiter ki tarah mat samjho real bank hai real bank ki tarah sabkuch kar raha.

 

[mrbean]

I hope Slice launches an FD credit card. That would be great with high interest on FD

 

[praful47]

Slice fds are callable ?
Do they charge penalty before maturity?

 

[Rahul098]

Slice fds are callable ?
Do they charge penalty before maturity?

Yes 1% penalty on the interest rate and the interest rate will be Calculated by the tenure before withdrawal

 

[Humanbeing]

Folks who are using this account kindly tell me if you’re able to register for Net banking of NESFB because I am not able to register for the net banking & not able to access their official mobile app. Has anybody been able to register for net banking or official NESFB mobile registration successfully?

 

[atul007]

Folks who are using this account kindly tell me if you’re able to register for Net banking of NESFB because I am not able to register for the net banking & not able to access their official mobile app. Has anybody been able to register for net banking or official NESFB mobile registration successfully?

I am using mobile app after opening FD through ABCD. When I opened slice account, it appeared in nesf bank app also.

 

[Humanbeing]

I am using mobile app after opening FD through ABCD. When I opened slice account, it appeared in nesf bank app also.

Oh, but I can’t access toe register to net banking or mobile app, I just have Slice NESFB account.