Banking Services
We
Adhikaris (Merchants) to offer a variety of banking services that reach the
last mile consumer, significantly improving accessibility and convenience.
Aadhaar-Enabled Payment Services(AEPS)
Allows customers to perform banking transactions using their Aadhaar number and fingerprint authentication. This include deposits, withdrawals, and checking account balances with the help of Spice money adhikari. Transactions are secured through Aadhaar authentication and biometrics, making it a reliable option for accessing banking services even in remote areas.
mATM (Micro ATM)
mATM refers to micro
ATMs that provide card-based withdrawals and payments. Deployed in areas where
traditional ATMs are limited or not available. Spice money adhikari’s offers
the flexibility of withdrawing cash or making payments without needing to visit
a physical bank branch. Spice Money has a network of 1 lakh mATM across pan
India.
DMT (Domestic Money Transfer)
Spice money Adhikari assists the transfer of money within the
country. This includes transferring funds from one bank account to another,
often through various channels such as online banking, or mobile apps.It is
designed for quick and secure money transfers, which can be useful for both
personal and business transactions.
Account Opening
We Spice Adhikaris
offer a range of banking services to promote financial inclusion, including the
opening of bank accounts for end customers. By leveraging their extensive
network, Adhikaris facilitate easy and accessible account setup, helping
individuals across diverse communities gain access to essential financial
services. This service ensures that even those in remote or underserved areas
can benefit from banking solutions, contributing to broader financial inclusion
and economic empowerment.
Axis Bank
Open an account with Axis Bank through Spice Money and benefit
from a range of convenient features. Enjoy instant account opening and
a streamlined e-KYC journey that simplifies
identity verification with minimal documentation. Take advantage of TDS benefits on Cash Withdrawals, receive a Welcome Letter & Debit Card to get started
quickly, and benefit from zero documentation requirements.
Access assisted customer service for personalized support
and manage your account with zero account balance requirements,
ensuring flexibility and ease of use.
Cash Collection Centre
Facilitate the collection of loan EMIs and cash payments by offering a convenient platform where transactions can be processed through local agents. This approach ensures that customers can easily handle their loan payments and cash transactions at accessible community locations. Collaborate with banks, MFIs, and NBFCs to streamline cash collection processes and leverage the extensive network of agents to enhance reach and efficiency. Additionally, optimize the use of collected cash to support mATM and AEPS services, maintaining adequate liquidity for seamless transactions.
Utilities: Payments for essential services such as
electricity, water, and gas.
Telecommunication: Bill payments for mobile phone services,
landline connections, and internet services.
DTH : Payments for television subscription
services.
Insurance: Premium payments for various insurance policies.
Loan Repayments : Payments towards personal loans, home loans, and other types of loans.