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Assam inaugurates India first AI phygital Slice bank with paperless deposits and kiosk banking in Guwahati

India
Published on 16 May 2026
Assam inaugurates India first AI phygital Slice bank with paperless deposits and kiosk banking in Guwahati

UPI credit access comes without installing a separate app

Assam Chief Minister Himanta Biswa Sarma inaugurated Slice Small Finance Bank’s India-first AI-powered “phygital” branch in Guwahati on GS Road. The next-generation banking setup blends physical trust with digital convenience using AI-enabled self-service kiosks, paperless cash deposits and withdrawals, and streamlined digital onboarding. The bank expects to expand access to responsible credit, savings and payments for individuals and small businesses, especially underserved communities, by pairing AI-driven convenience with trusted in-person support. Sarma said it reflects Assam’s readiness for technology-driven banking.

  • Guwahati hosted Slice Small Finance Bank’s first AI phygital branch
  • AI-enabled self-service kiosks drive paperless cash deposit and withdrawal
  • Digital onboarding is streamlined for faster account setup
  • UPI-based credit access is available without a separate app
  • Focus is on financial inclusion for underserved urban and rural segments
  • Assam government backed the investment through public-private collaboration
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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