True Balance Loan: True Balance App is a personal loan application that provides personal loan services to its customers. If you have a loan requirement? You must include the True Balance personal loan app in your list. You also get the option of an Instant Cash Loan on this application, which you can avail yourself of easily. Here, I will tell you how to apply online with the True Balance loan app, what will be the interest rate and what features you will get to see.
True Balance Loan Customer Care & App Details
| True Balance Personal Loan Interest Rate | Competitive Interest rates starting at 5% |
| Personal loan Process | Completely digital, Contactless, Paperless Process |
| Processing Fee | Processing Fees of Up to 3% will be deducted from the loan amount |
| Loan tenure | 62 Days to 180 Days. |
| Maximum Loan Amount | 1k to 1 Lakh at flexible EMIs |
| Age Limit | 21 to 50 years old. |
| Citizenship | Indian Citizen |
| Example Loan | Loan Amount: Rs 10,000 Tenure: 90 Days Interest Rate: @5% Per month EMI Amount: Rs 3,833 Total Interest Payable: Rs 1,500 Processing Fees (incl. GST): Rs 354 Total Amount Payable: 11,854/- including Processing Fee +GST |
| True Balance Personal Loan Customer Care Number | (0120) – 4001028 |
| cs@balancehero.com team@balancehero.com | |
| Prepaid and Post-paid Payment | Mobile Recharge, DTH, Pipes Gas, Electricity, Water, LPG, etc. |
Features of True Balance Loan App
Loan Amount: On this application, you get a loan of 1000 to 50000, which you can take at any time.
Without Security Loan: You do not need to deposit security while taking a loan from True Balance. Here you get loans up to 50000 without a collector.
Minimum Documentation: Very few documents are required from you to apply for a loan on the True Balance app. You can apply for the loan here with your Aadhar card and PAN.
Digitally Process: You don’t need to submit any documents manually if you apply for a loan here. Here the entire loan process is 100% online.
Instant Cash Loan: With the complete process of availing loan online, you get an idea of how much loan you will get here in just 5 minutes. You can transfer all your approved loans to your savings account instantly.
Low Processing Fee: You are charged a low processing fee on the loan amount get by you, which makes this application different from other applications.
Improve Credit Score: Your CIBIL score gets better once you repay your loan successfully.
Register NBFC: True Balance Loan App is a registered NBFC (Non-Banking Financial Company) following RBI guidelines.
Repay Later Option: Here, you also get the facility of Repay Later Option. If you are unable to pay your loan installments on time, you can avail of this facility to extend your installment date. You can do this many times.
Loan Products
Cash Loan
- Instant Digital Personal Loan in 5 minutes
- Credit Amount : ₹5,000 – ₹1,00,000 (Disbursal Amount)
- Monthly Interest Rate : From 2.4%
- Repayment Tenure : 3 – 6 – 12 months
- Processing Fee : 0 – 15%
- Depending on the situation, additional documents such as Bank Statement may be required.
Level Up Loan
- Instant Digital Personal Loan only with KYC
- Credit Amount : ₹1,000 – ₹30,000 (Disbursal Amount)
- Monthly Interest Rate : From 2.4%
- Repayment Tenure : 3 months
- Processing Fee : 0 – 15%
- Repaying on time improves your credit score and gives you access to higher amounts
True Balance Loan EMI Calculator
True Balance Loan App Eligibility Criteria
- Indian citizens
- The age should be between 21 to 50 years.
- The person should have his PAN card.
- The mobile number should be linked with the Aadhar card.
- Savings account statement for three months.
- CIBIL score should be 680+. A good credit score increases the loan amount
- Your minimum salary / Income Should be Rs. 20000/-.
How to apply for True Balance Loan Online?
The entire process of applying for a True Balance Loan is 100% digital. By following some simple steps, you can take loans up to 50000. But you have to understand the complete process of filling the form thoroughly as most of the loan rejections are due to filling the form incorrectly. So, you must read the procedure we have mentioned carefully.
- You have to click on the link given below and the True Balance loan form will open in front of you.
- Here you have to enter your mobile and email id and pin code. After that, you will get the link to download the application and you download it and click on the open button.
- Here you will accept the terms and conditions and click on Allow for location and media from the device.
- Select your language and click on the Start button.
- Here you have to verify it with your mobile number.
- You have to enter your security password and click on your next step.
- Here you have to choose your loan type, Cash Loan, and Level Up Loan.
- Use your Aadhar Card and PAN to complete your KYC process.
- Here you have to give personal and work-related information like marital status, education, job type, company details, etc.
- Choose your loan amount. You will get approval in some time.
- In the last step, you have to upload your savings account statement in PDF format.
- Now you can transfer your loan amount to your savings account.
True Balance Personal Loan Apply Link:
True Balance Loan Related FAQ:
Is it Safe to Use True Balance Loan App ?
Yes , You can easily trust True Balance Loan because it was Registered with RBI and also trusted by us . But one thing you have to know that their was Duplicate apps of True Balance in the Playstore . Beware of them , So please download the True Balance App from our Link which given above.