Spice Money

Spice Money, a business unit of Spice Digital, uses unrivalled technology to enable next door kirana store to function as a 'MINI BANK' Branch. We are one of India’s largest tech-enabled Hyper Local Payments Network offering various services like Cash Deposit, Cash Withdrawal, Balance Inquiry, Bill Payments, Aadhaar Enabled Services, Air Time Recharge, POS Services, Railway Ticketing Services etc. through our authorized agents.

Our endeavour is to bridge the gap between the served and the un-served, providing banking services to customers at their doorstep. We are a one-stop solution for providing seamless financial services.

Our Focus is primarily on Financial Inclusion – with our Deep presence in “Bharat” with nearly 85% of the 70,000 Customer Service Points in semi-urban and rural India.

Banking Services

Bridging the digital gap

At Spice Money we are bridging the digital divide between India and Bharat by providing banking services to one and all. Now receive and send money anywhere/anytime across the country instantly and securely.

We help you send money to family; friends, others, in a safe and secure way. Spice Money provides digital payment solutions to the underserved section of the society through its strong Agent Network using Semi-Closed Wallet.

Spice Moneys innovative online remittance solutions and extensive reach offers customers a safe, reliable and quick means to transfer money back home.

Key Features

  • Customers can avoid the hassles of physically visiting banks, and transfer money as per their convenience
  • Customers can remit funds to a wide array of banks/locations across the country through real time remittance via intra-bank transfer and the IMPS facility
  • Customers get access to more affordable and cost-effective services compared to other available money transfer alternatives
  • Customers' money is safe during transit, thanks to the highly secure process with multiple authentication levels
  • Walk-in remittance facility is convenient for those who do not have a bank account
  • Location and time convenience lead to cost saving for customers as they remit from merchant points

The service is available 24X7.

  • Aeps
  • DMT

Aadhaar Enable Payment System

Micro-ATM, in partnership with RBL Bank Ltd.

Spice Money micro-ATM, in partnership with RBL Bank Ltd. and Kotak Mahindra Bank facilitate customers to perform basic banking transactions on his/her Aadhaar-linked bank account using Aadhaar authentication as the identifier.

The basic banking transactions are outlined below:

  • Balance Inquiry
  • Cash withdrawal
Earn ₹ 20,000 to ₹ 50,000 every month