Spice Money -Banking Agent App

Spice Money – Banking Services for Bharat

Spice Money is India’s largest rural fintech network, trusted by 16+ lakh Agents across 700+ districts, covering 95% of rural pin codes. Every day, it powers millions of transactions, bringing formal banking to villages and small towns where traditional banks struggle to reach.

As a Spice Money Adhikari (Banking Agent), you can earn up to ₹50,000/month by offering essential financial services in your community.

Services You Can Offer

AePS (Aadhaar Enabled Payment System): Cash withdrawal, balance check, mini statement via Aadhaar.

Domestic Money Transfer (DMT): Instant transfers to any bank account in India.

Micro ATM: Card-based cash withdrawal and balance check in remote areas.

Bill Payments: Pay electricity, water, and gas bills across 80+ billers.

Mobile & DTH Recharges: Instant recharge for all major operators.

Account Opening: Open bank accounts without visiting a branch.

Credit Cards: Help customers apply for credit cards.

Loans: Offer personal and business loans to support local needs.

Why Become a Spice Money Adhikari?

All-in-One App: Easy-to-use mobile and web platform.

Earn ₹20,000–₹50,000/month: Strong income potential.

Be the Local Banker: Provide daily-use banking services.

Trusted Brand: Backed by 25+ years of Spice Group expertise.

99.85% Uptime: Reliable service, anytime.

Grow Your Business: Add services like insurance, loans, and more.

Benefits for Agents

Operate from your own shop and earn extra income.

Become the go-to banker in your area.

Receive free training and 24×7 support.

Be part of a trusted national brand.

How to Get Started

Download the Spice Money App from the Play Store.

Register with basic details and complete KYC.

Activate services like AePS, DMT, Micro ATM, and cash collection.

Start serving your community and earn with every transaction.

Join Us and Build Bharat

16+ lakh agents onboarded

Serving 2.5+ lakh villages

Trusted by millions for essential financial services

Become your area’s trusted banking partner. Together, let’s build a cashless, financially empowered Bharat. Spice Money – तो Life बनी!

Download the app and start your journey today.

Key Features of Personal & Business Loans

Loan Amount: ₹5,000 to ₹5 Lakhs

Tenure: 3 to 36 months

Processing Fee: Up to 4.5% + GST

APR: Up to 78%

Repayment Frequency: Daily, Weekly, Monthly

Example – Daily Installment Loan:

Loan: ₹50,000 | Tenure: 180 days

Interest @36% p.a. (reducing): ₹4,659.86

Processing Fee @3%: ₹1,500 + GST

Total Payable: ₹54,659.86

Daily Installment: ₹303.67

Note: Rates and fees may vary by product and lender policy.

Lending Partners & Grievance Contacts

NBFC Name: UGRO Capital Limited

Brand Name: UGRO Capital

Website: www.ugrocapital.com/lending-service-provider

Grievance Contact: Mr. Satyabrata Mohapatra

Phone: 022-68269135

Email: grievance@ugrocapital.com

NBFC Name: Muthoot Fincorp Limited

Brand Name: Muthoot Fincorp

Website: https://muthootfincorp.com/regulatory-and-compliance

Grievance Contact: Ms.Julia Mathew

Phone: 0471- 4911626

Email: julia.mathew@muthoot.com