True Balance is a 100% safe and secure, lending, payments & financial services platform, steering on the mission of “Finance For All”. True Balance is a UPI payments and 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 3 months 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, Lendbox (Transactree Technologies Private Limited) and Oxyzo Financial Services 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 – UPI payments & Personal Loan App: - Personal Loans ranging from ₹1,000 to ₹1,25,000 (Disbursal Amount) - 100% Digital - 24x7 access to personal loan & payments - Low processing Fee, longer tenure, and attractive interest rate - Loan directly disbursed to your bank account - Pay through any QR code scanner at your favourite offline shops and merchants. - Send money to your friends & family using your mobile number via TrueBalance UPI. Including those who are not on TrueBalance. - Recharge your mobile and pay your utility bills (electricity, gas, water, broadband, etc.). - 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 Compliant 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 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 [email protected] Address: The Circle Work, 5th Floor, Huda City Centre Metro Station, Sector 29, Gurugram, Haryana - 122001, India *T&C Apply