Slice updates terms, will levy 36% interest if repayment not done in one instalment - Moneycontrol

The company has also detailed that the credit lines are extended by its partner NBFCs after the RBI said that issuing credit through prepaid payment instruments like the Slice card is prohibited

Tiger Global-backed fintech startup Slice has said customers will be charged a 36 percent interest for repayments in more than one instalment, a departure from its earlier interest-free offering of P… [+3329 chars]

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