Spice Money Adhikari AEPS App

Spice Money Limited

About this app

Become the banker of your community with Spice Money Adhikari and earn up to ₹50,000 every month.

As a Spice Money Adhikari, you gain exclusive access to banking & payment services like Aadhaar Enabled Payment System (AePS), Domestic Money Transfer (DMT), mini ATM, micro ATM, cash withdrawals, BBPS payment, Mobile & DTH recharge, Aadhaar Pay, Prepaid Cards, Adhikari & Grahak Loans & mini ATM devices, enabling you to transform the financial landscape of your village.

Join our extensive network of over 14 lakh+ Adhikaris & transform the financial landscape in over 2.5 lakh villages, reaching 10 crore households across 95% of rural pin codes with the No. 1 AEPS APP.

● No working capital required: Start your business with a low initial investment & enjoy long-term commission benefits.
● Easy Onboarding process: The registration process is straightforward & only requires your mobile number & basic KYC documents.
● Higher Commissions: Retailers & distributors earn commissions on every transaction, boosting activity & earning potential.
● Regular Product Training: Stay updated with continuous product training to improve your skills & service offerings.
● Excellent Customer Service: Access dedicated customer support for prompt assistance.
● Secure & reliable platform: A secure & safe banking platform.

This AEPS app streamlines secure transactions like AEPS cash withdrawals, balance inquiries & aeps services & CMS. Spice Money Adhikari offers these through their Smart Banking Points:
👉 Cash Withdrawal: Check your mini statement & Withdraw cash using an Aadhaar-linked bank account with this Aadhar withdrawal app.

👉 Cash Deposit: Depositing cash using an Aadhaar-linked bank account via online AEPS.

👉 Balance Inquiry: Checking balance for an Aadhaar-linked bank account.

👉 Money Transfer (DMT): Transfer money to any bank account in India 24*7

👉 Mini ATM / Micro ATM: Cash withdrawals & deposits using a Debit Card.

Spice Money, regulated by RBI, holds licenses for PPI, BBPS, GSP, IRCTC & corporate agency for insurance by IRDA. It also offers loan services in partnership with RBI-licensed lenders to its Adhikaris & customers.

Key Points 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
* Annual Percentage Rate (APR): Upto 75%
* 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: ₹ 7397
* Processing Fee @ 3%: ₹ 1500 + GST
* Total Amount to be paid: ₹ 57,397
* Daily Installment Amount: ₹ 319

Interest Rate, Processing fees, Annual percentage rate vary by product & lender policy.

The company has following lending partners:

Arthmate Financing India Private Limited
Brand Name - Arthmate
https://www.arthmate.com/helpTopic
For Grievances, contact Yogesh Rohilla @ 7835009643/ [e-mail]

IIFL FINANCE LTD
Brand Name: IIFL Finance
https://www.iifl.com/our-partner/spice-money
For Grievances, contact Hardik Panchal @ [phone], [phone] / [e-mail]

Bhanix Finance and Investment Limited
Brand Name: CASHe
https://bhanixfinance.com/ourpartners.html
For Grievances, contact Prateek Saxena @ 022-46047350 / [e-mail]

Ekagrata Finance Private Limited
Brand Name: MyShubhLife
https://www.ekagratafinance.com/our-digital-partner.html
For Grievances, contact Asha Daniel @ 8047185299 / [e-mail]

PAYME INDIA FINANCIAL SERVICES PVT. LTD.
Brand Name: PayMe
https://www.paymeindia.in/spice-money/
For Grievances, contact Gajendra Singh @ 9711059352 / [e-mail]"

Ratings and reviews

This app offers a secure and reliable platform for digital banking and payments. As an Adhikari, I can confidently provide services like AEPS, DMT, and mini ATM transactions to my customers. The app is user-friendly, and the customer support is top-notch. The best part is that I can earn a good income while helping my community with essential financial services.

I was using this app for 1 year to withdraw money & to do recharge, that time this company offered me to open the axis bank account but when I applied for this service it has been pending for more than 6 months. Worst customer service in my opinion, I would like to delete my adhikari account from this app.

After updating the app device is not working. Im not able to transact through Pos machine, error occurred as "POS Powered off" whereas the device is already connected via blutooth. Spoken to the distributer but no response received yet.