Spice Money Adhikari 5.1.5
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Free Version
Publisher Description
Spice Money Adhikari - Money Transfer, Micro ATM (AEPS), Mini ATM (mPOS), IRCTC, Bill Pay, Bhim UPI
Spice Money, a subsidiary of Digispice Technologies Ltd., is India’s leading rural fintech company. It is solving for urban-rural divide by providing financial services across 2.5 lakh villages, through a network of 12 lakh+ Adhikaris (Rural Merchants). Currently, Spice Money network covers 95% of rural pin codes in India, providing easy access to a wide array of digital, banking and financial services in over 10 crore households.
The app comes with Zero Subscriber ID cost and Zero Lifetime monthly charges. The registration process is straightforward and only requires your mobile number and basic KYC documents.
Spice Money Adhikaris can provide the following services through their Smart Banking Points:
Cash Withdrawal: Withdrawing cash using an Aadhaar-linked bank account.
Cash Deposit: Depositing cash using an Aadhaar-linked bank account.
Balance Inquiry: Checking balance for an Aadhaar-linked bank account.
Money Transfer (DMT): Sending money to other Aadhaar-linked bank accounts.
Mini ATM: Basic ATM services such as cash withdrawals & deposits using a Debit Card.
Account Opening: Opening of savings & current bank accounts.
Bill Payment & Loan/EMI Repayment: Payments for utilities (water, electricity, gas), Municipal Corp. tax, LIC premiums, & loan EMIs.
Mobile & DTH Recharge: Recharge services across all operators.
Tours & Travel Services: Ticket booking for train, bus, flight, hotel & tourism packages.
Cash Collection: Deposit of premiums, EMIs, & more.
Loans: Low interest rate loans from a wide network of Banks & NBFCs.
Enterprise Cash Management: Day-to-day management of cash inflows & outflows for enterprises.
PAN Card Services: Obtaining a new PAN card or updating an existing one through authorized gov. channels.
Umang: Access to e-gov services.
A regulated entity under RBI, Spice Money holds relevant licenses including Prepaid Instrument(PPI), Bharat Bill Payment(BBPS), GSP license, IRCTC and the corporate agency license for insurance by IRDA. It also facilitates loan services to its Adhikaris & customers in partnership with RBI licensed lenders.
Key Points to consider before applying for a Personal Loan:
* Loan Amount: 1,000 to 5 Lakhs
* Repayment Tenure: 3 months to 42 Months
* Processing Fees: Upto 6.5% + GST for Loan upto 10,000
Upto 5.5% + GST for Loan above 10,000
* Max Annual Percentage Rate (APR): 65.61%
* Repayment Frequency: Daily, Monthly
Example for Monthly Installment Loan:
* Loan Amount: ₹ 2,00,000/-
* Tenure: 18 months
* Interest Amount @ 19.75% pa: ₹ 32,716/-
* Processing Fee @ 3% + ₹ 500/- + GST: ₹6500/- + GST
* Total Repayment Amount (Loan Amount + Interest): ₹ 2,32,722/-
* EMI: ₹ 12,929/-
Example for Daily Installment Loan:
* Loan Amount: Rs. 50,000
* Tenure: 180 days
* Interest Charge @ 30% pa flat: 7500
* Processing Fee @ 2%: 1000 + GST
* Total Amount paid: Rs. 58,500
* Daily Installment Amount: Rs. 371
Interest Rate, Processing fees, and Annual percentage rate vary by product and lender policy.
The company has following lending partners:
Mamta Projects (P) Ltd
Brand Name - Arthmate
https://www.arthmate.com/helpTopic
For Grievances, contact Hitesh Bhansali @ 8336901719 / statutory.compliance@arthmate.com
Bhanix Finance & Investment Ltd
Brand Name - CASHe
https://bhanixfinance.com/ourpartners.html
For Grievances, contact Prateek Saxena @ 02246047350 / bhanix@cashe.co.in
Ekagrata Finance Private Limited
https://www.ekagratafinance.com/our-digital-partner.html
For Grievances, contact Asha Daniel / 8047185299 / grievance@ekagratafinance.com
About Spice Money Adhikari
Spice Money Adhikari is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops Spice Money Adhikari is Spice Money Limited. The latest version released by its developer is 5.1.5. This app was rated by 1 users of our site and has an average rating of 4.5.
To install Spice Money Adhikari on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2024-04-17 and was downloaded 2,636 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the Spice Money Adhikari as malware as malware if the download link to in.spicemudra is broken.
How to install Spice Money Adhikari on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the Spice Money Adhikari is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by Spice Money Adhikari will be shown. Click on Accept to continue the process.
- Spice Money Adhikari will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
