India, July 4 -- Fintech firm Slice has launched what it claims to be India's first UPI-powered physical bank branch in Bengaluru's Koramangala, offering a fully digital banking experience with facilities like UPI-integrated ATMs, instant account opening, and cash transactions without the use of debit cards.

The branch, located on 80 Feet Road, an area closely associated with Bengaluru's startup activity, allows customers to deposit and withdraw cash using UPI instead of traditional cards. The setup includes digital kiosks, where customers can open savings accounts using tablets, and a robot that helps guide users within the premises.

The initiative has attracted attention on social media after a video of the branch went viral, showing ...