Spice Money -Banking Agent App

Spice Money Limited

About this 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
UGRO Capital Limited
Brand Name: UGRO Capital
Website: www.ugrocapital.com/lending-service-provider
Grievance Contact: Mr. Satyabrata Mohapatra
Phone: [phone]
Email: [e-mail]

Spicebulls Investments Limited
Brand Name: SpiceBulls
Website: www.spicebulls.com/our-partner
Grievance Contact: Mr. Sanatan Malik
Email: [e-mail]

Muthoot Fincorp Limited
Brand Name: Muthoot Fincorp
Website: www.muthootfincorp.com/regulatory-and-compliance
Grievance Contact: Ms. Julia Mathew
Phone: [phone]
Email: [e-mail]

Ratings and reviews

The best AEPS platform for every small retailer. SpiceMoney makes banking and AEPS services fast, reliable, and hassle-free. Cash withdrawal, balance enquiry, and Aadhar transactions work smoothly without any failure. BBPS services like bill payments and mobile/DTH recharge are also available, which makes it a complete one-stop solution for retailers. The commission is good, the app is easy to use, and customer support is responsive. Overall, the perfect app for village-level retailers ...

The recharge plans are often wrong and outdated. If a wrong recharge is done, the money isn’t refunded. Also, bank servers like Post Office, BOB, and SBI often face issues. Please add a feature to check bank server status before activating the fingerprint device to avoid wrong debits.

Very good experience on money withdrawal by ATM and Aadhar card (AEPS). Others features are also better but Loan procedure for Agent and customer are very difficult. It's not sure that to find a loan and provide a small amount of loan where customer is not satisfied. Required ensure loan process directly from Agent app. Also need ensure minimum 40K above loan for every customer. NSDL Ac. opening facilities are very good 👍, required minor or school goers students account opening facilities also.