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Slice Offering Personal Loan Up to INR 5 Lakh for Selected Users

26 June, 20243 min read

Slice is making waves in the lending sector by offering personal loan up to INR 5 lakhs for selected users.

This innovative offering allows users to avail loans of up to INR 5 Lakh, providing significant financial flexibility for various needs.


This move underscores Slice's commitment to expanding its financial services portfolio and enhancing customer experience.

Launching the Slice Personal Loan

The slice personal loan is designed to offer a tenure of up to 5 years, making it a versatile financial solution for long-term planning.

Currently, this product is in its pilot phase and is being offered exclusively to select users.

This strategic rollout allows Slice to gather valuable feedback and refine the product before a broader launch.

Key Features of Slice Personal Loan

Future Expansion Plans

Slice has ambitious plans to expand the reach of its personal loan product. The initial pilot phase is just the beginning.

Over the coming months, Slice aims to make this product accessible to a broader consumer base.


This expansion will be guided by the insights and feedback gathered during the pilot phase, ensuring a well-optimized product for all users.

Recent Funding and Growth

Earlier this month, Slice successfully raised $20 million (approximately INR 170 Crore) in a debt funding round from Neo Asset Management’s Credit Opportunities Fund.

This significant infusion of capital underscores the confidence investors have in Slice’s business model and growth potential.

Impact on the Market

The introduction of the slice personal loan is expected to have a considerable impact on the lending market.

By offering high-value loans with flexible terms, Slice is setting a new standard for consumer loans.

This move is likely to attract a diverse range of borrowers, from young professionals to seasoned investors.

Slice's Commitment to Innovation

Slice’s foray into personal loans is a testament to its commitment to innovation in financial services.

By continually introducing new products and improving existing ones, Slice is positioning itself as a leader in the fintech industry.

The company’s focus on customer-centric solutions ensures that it remains at the forefront of financial technology.


In summary, Slice offering for new personal loan product is a significant step forward in the company’s mission to provide comprehensive financial solutions.

With its high loan amounts, flexible tenure, and strategic rollout, the slice personal loan is poised to become a popular choice among consumers.

As Slice continues to expand its offerings and grow its customer base, it is well-positioned to make a lasting impact on the lending market.

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