TrueBalance- Personal Loan App

True Balance - Balance Hero

About this app

True Balance is a 100% safe and secure, lending & financial services platform, steering on the mission of “Finance For All”. True Balance is a personal loan app that has been trusted by over 75 million users across the country. Here, you may avail an online personal loan from ₹ 1,000 to ₹ 1,25,000 (Disbursal Amount) for a tenure of a minimum of 62 days to 12 months at a low processing fee. The APR ranges from 60% to 154.8%.

Apply for a personal loan today and enjoy a better borrowing experience with the True Balance loan app

For example:

For ₹10,000 personal loan borrowed for 3 months, with interest rate @2.4% per month*, a user would pay:

-> Processing fee (@6%) = ₹600 + GST (18%) ₹108 = ₹708
-> Interest* = -CUMIPMT(2.4%*12/365*30, 3, 10000, 1, 3, 0) = ₹477
-> EMI = -PMT(2.4% * 12 / 365 * 30, 3, 10000₹) = ₹3,492
Total amount to be repaid = ₹11,185/- including Processing fee +GST
*Loan Interest Rate may vary based on the user's risk profile

We facilitate loans from RBI licensed NBFC-True Credits Pvt. Ltd, InCred Financial Services Limited, Grow Money Capital Pvt. Ltd, Muthoot Finance Ltd, Vivriti Capital Limited, Northern Arc Capital Limited and Lendbox (Transactree Technologies Private Limited). Also, the app enables its users to avail wallet services including recharges, bill payments and much more from licensed entities.

Features of True Balance – Personal Loan App:
- Personal Loans ranging from ₹1,000 to ₹ 1,25,000 (Disbursal Amount)
- 100% Digital
- 24x7 access to personal loan/money
- Low processing Fee, longer tenure, and attractive interest rate
- Loan directly disbursed to your bank account
- Pan-India Service
- Convenience of payment through various methods.
- Timely repayment improves credit score and increases chance to get higher amount of credit.


True Balance is a PPI license holder which provides an RBI Complaint Wallet and multiple payment options of Net banking, Credit Cards, Debit Cards, and Gift cards and has also partnered with NBFCs for granting online personal loans.

How to apply for a personal loan on True Balance?

● Install the True Balance app
● Log in to True Balance personal loan app by registering through your contact number
● Fill in your basic details to know your personal loan eligibility
● Submit KYC documents and apply for an instant loan
● Once the application is approved, the approved loan disbursed amount gets transferred to the bank account

A quick glance at other multiple services offered by True Balance App.

Prepaid and Postpaid payment
• Recharge Prepaid/Postpaid and earn Cashback
• Super-fast recharges of any amount on the network across 5 top operators

DTH, Pipes Gas, Electricity, Water, LPG, Bill Payment

• DTH recharge available for all 5 key operators. Earn Cashback per month.

Please note

• Get maximum Cashback benefits from completing full KYC.
• All Cashback can be used within the app and can’t be transferred in any form.

App permissions & reasons:

• Approximate location to let you know an appropriate plan as per the area/circle you are in.
• SMS to confirm user’s phone number exclusively for the purpose of registration. Furthermore, the access is restricted to transactional SMSs.
• Camera is required for full KYC process
• Phone to collect hardware model details, OS and version, network info, and to avoid fraud by ensuring that unauthorized devices are not able to act.

SAFE AND SECURE LOANS

The entire process is completely online and secure, and it has a 4.0+ star rating, making it one of the best online loan apps in India.

We have a highly secured & encrypted system to ensure the safety of information shared by our customers. To know more about our privacy policy, click https://truebalance.io/privacy-policy/

Contact us:
Drop in your queries at [e-mail]

Address:
The Circle Work, 5th Floor, Huda City Centre Metro Station,
Sector 29, Gurugram, Haryana - 122001, India
*T&C Apply

Ratings and reviews

This is a great app! I like it a lot and use it a lot for my job as a truck driver to scan BOL docs. Haven't found a way to scan totally separate documents (not including separate pages of the same document) back to back without closing the app and reopening it, but that's no big deal. Maybe there's a way. When it comes to getting a clear image of any given page, sometimes the image is fuzzy. I disc

Simply an awesome app for your emergency needs. In addition there level up option is amazee, if you are correct on your payments, they will surely increase the credit line. A very good helpful app for immediate fund requirements.Just felt like interest rate is just a bit high than other apps, but it's okay because even for small amounts, 3 months repayment period is given. Overall a good app for emergency requirements. Just a humble suggestion to the team, to improve on user friendlyness.

very bad. I am not fully satisfied. I took the loan three times and paid it back on time. Even after paying the full amount, I applied for a loan for an emergency last four months. But they rejected my application four times. They say they are not eligible for a loan. It cannot be relied upon for urgent needs. Paying back the loan on time is useless. It's sad. Fully cheating application. I was very disappointed. Same problem hello please hays I all of us not believe in this app very bad app

What's new

What’s New?
★ Refreshed onboarding journey for better user experience
★ Bug fixes
★ UX changes