TrueBalance-UPI, Personal Loan

True Balance - Balance Hero

About this app

What is True Balance?
True Balance is a secure platform for lending, payments, and financial services, dedicated to the mission of "Finance for All." True Balance is a Prepaid Payment Instrument issuing entity, authorized by RBI, which issues Digital Wallet and Gift Wallet which can be further utilized for recharges, bill payments, fund transfers and payments through wallet interoperability on UPI and it also provides unsecured Personal Loan through RBI registered NBFCs on its app that has been trusted by over 75 million users across the country. Here, you may avail digital personal loan ranging from ₹ 1,000 to ₹ 2,00,000 (Disbursal Amount) for a tenure of a minimum of 6 months to a maximum of 12 months at a low processing fee. The APR ranges from 28.8% to 99.7%

What we Offer:
*1- Quick Personal Loan: Cash Loan and Level Up Loan*
Cash Loan Features:
●Cash Loan: Apply today for a seamless borrowing experience.
●Safety: 100% safe and secure platform.
●100% Digital and 24*7 access to loans
●Loan Range: Borrow from ₹1,000 to ₹2,00,000 (Disbursal Amount)
●Flexible Tenure: Choose a repayment period of 6 to 12 months.
●Low Processing Fees: Affordable costs.
●Direct loan disbursal to your bank account.

Example Loan Calculation:
-Loan Type: Unsecured Personal Loan
-Loan Amount INR 10,000
-Loan tenure: 6 Months
-Interest Rate 2.4% Per Month
-Processing Fee (6%): ₹600 + GST (18%): ₹708
-Interest: ₹844
-EMI: ₹1807
-Total Repayment: ₹11,550 (includes processing fee + GST)
*Interest rates may vary based on the borrower's risk profile.

*2. UPI*
Simplify money transfers with UPI-enabled True Balance Wallet(NPCI Approved).
●UPI Features
●Instantly transfer money to anyone, anytime
●Pay bills and recharge online
●24x7 access of digital payments to merchants
●Pan-India Service
●Interoperable app-Send money using your mobile number via UPI enabled TrueBalance Wallet. Including to those who are not on TrueBalance

How to Apply for a Loan?
●Install the True Balance app.
●Register with your contact number to log in.
●Complete basic details to check loan eligibility.
●Submit KYC documents and apply for a quick loan.
●Receive the approved loan amount directly in your bank account.
●Lending Partner Details
●Loans facilitated by RBI-licensed NBFCs:
●True Credits Pvt. Ltd.
●InCred Financial Services Limited
●Grow Money Capital Pvt. Ltd.
●Muthoot Finance Ltd.
●Vivriti Capital Limited
●Northern Arc Capital Limited
●Lendbox (Transactree Technologies Pvt. Ltd.)
●Oxyzo Financial Services Limited

App Permissions and Reasons
●Location: For suitable loan offers & Video KYC.
●SMS: For phone number verification & SIM binding for PPI interoperability
●Camera: For KYC documentation & Video KYC.
●Phone Info: To prevent fraud.
●Microphone: For video KYC.

Contact Information
Address: The Circle Work, 5th Floor, Huda City Centre Metro Station, Sector 29, Gurugram, Haryana 122001, India. Email: [e-mail]

Additional Information
-A fully online and secure process with a 4.4 star rating.
-Highly secured and encrypted system for customer data.
-Privacy Policy: [True Balance Privacy Policy]
-Note: Terms and Conditions 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

This is the worst app I have ever used. This platform is a fraud. They regularly send messages encouraging users to repay their loans early with promises of a higher loan amount and an 80% discount on the processing fee. However, after repaying the due amount early and applying for a new loan, they reject the application. This is a complete scam. Do not use this application.

Spam! Take caution before use! They have been spamming me with calls and messages without my showing any interest. I have downloaded the application just to give it a review and let people know they are spam. I am quite sure this is a trap. Like any other "easy loans app" If you take a loan and can't pay it back "late charges" can be higher than your loan amount. If the money comes easy, never trust it.

What’s new

What’s New?
★ UI and UX modifications
★ Bug fixes for better experience
★ Safety enhancement