Get Rs. 50000 Loan in 5 Mins | True Balance Personal Loan

True Balance Personal loan, How to Apply, True Balance Interest rate, fees & charges, documents required, Eligibility Criteria, Customer Care Details

If you need a short-term loan with a small amount, there are a lot of options available in the market. some provide an instant loan, some take time. If you need an instant loan True Balance can be a good option. We will do a detailed review of the True Balance App today. Let’s start…

Loan App NameTrue Balance
Loan AmountRs. 5000 to Rs. 50,000
Loan Tenure62 days to 116 days
Annual percentage Rate (APR)APR ranges from 60% to 154.8% (monthly interest rate of 5 % -11.9% )
Processing Fee3% to 7 % on the loan amount (May Vary)

Features & Benefit of True Balance Personal Loan App

  • The loan application process is 100% online.
  • True Balance provides personal loan from Rs. 5000 to Rs. 50000.
  • It offers Low processing Fee and a competitive interest rate
  • Loan amount is directly credited to your bank account
  • Loan tenure is from 62 days to 116 days.
  • It has a network across Pan India.
  • Provide multiple repayment option.
  • Timely Repayments can improve your credit score and get access to higher amounts.
  • Repay Later option lets you pay part of the loan on the due date & extend repayment term multiple times.
  • True Balance takes 5 minutes only to check your eligibility for the processing of the loan.
  • And the most important It provide cash loans from RBI licensed NBFC- True Credits Private Limited.

Eligibility Criteria For True Balance Personal Loan

  • Applicant age must be above 21 years.
  • You must be a citizen of India.
  • You must have a bank account.

Documents Required For True Balance Personal Loan

  • PAN card
  • Aadhaar Card
  • Last 3 months bank account statement

How to Apply a Loan from True Balance Mobile App Online?

The loan application process is completely online. just follow the below-mentioned steps and apply for a loan at your comfort.

  • Download and Install TrueBalance – Quick Online Personal Loan App on your phone.
  • Agree with terms & conditions, give permission to the App, select language, choose your mobile number, enter received OTP and register on this App.
  • After successful registration , log in to the app and click on the option Cash Loan on the home page.
  • On the next screen you have to complete your KYC, to do this click on the Continue button.
  • Next, check the box I agree, choose your preferred language, Enter your PAN number, enter the mobile number linked with your Aadhaar Card, click on the Confirm button.
  • Now, Enter your Aadhaar number, Enter the OTP received to your registered mobile number to verify Aadhaar card. your KYC will be verified. you will see successful message on the screen.
  • On the next screen, enter the amount your required (maximum 50,000) click on Next, Answer few simple questions.
  • Now, you need to upload your last 3 months bank statement using your Net Banking or in the PDF form and your loan application will be under evaluation.
  • Once your loan is approved, you will see a message on the screen showing, your loan has been approved and click on the button Take a Loan and choose the option how you want to receive your loan amount. you can choose receive to your wallet or to your bank account.

How to Repay Your True Balance Personal Loan?

Once your loan amount is approved and you got the amount to your either Wallet or your bank account, now you need to repay the loan.

Your loan amount will get auto Debited through the e- NACH process on the due date. You have also the option to pay the loan before the due date.

On the home page only you will get the option to Repay Now. Click on that. you can check your repayment schedule as well.

You will see various options to repay your loan like BHIM UPI, Debit Card, Net Banking. choose the relevant option and click on the Pay button. It will ask for your details as per your selection, fill in the details and pay the loan easily.

True Balance Interest Rate, Fees & Charges

Fees and ChargesAmount Chargeable
Interest Ratemonthly interest rate of 5 % – 11.9% on the loan amount (APR 60 % to 154.8 % p.a)
Loan Processing Charges 3 % to 7 % on the Loan Amount (May Vary)

True Balance Pros & Cons

The loan application is 100 % online.High-Interest rate
Few Documents requiredHigh processing Fees
The loan is provided by RBI registered companyThe loan amount is less
Loan network across IndiaShort term loan
Takes only 5 minutes to check your eligibility for the processing of the loan and get the loan amount within 30 mins.

Is True Balance Safe and Legit?

True Balance provides loans through its lending partner True Credits Private Limited (NBFC), register with RBI. so you can trust this app.

True Credits takes the security of its User’s information seriously. It protects the User’s information using data security encryption and a Secure Sockets Layer (SSL) protocol.

It has a 4.3 rating on google play store which is good and makes it trustworthy.

True Balance Customer Care Details

Contact TypeEmail/Phone/Address
True Balance Phone Number0124 468 3306
True Balance
True Balance Office AddressTrue Credits Pvt. Ltd.
Huda City Centre Metro Station,
5th floor, sector – 29, Gurgaon,
Haryana 122001, India


Everyone needs a loan at some point in time whether it is a small amount or a large amount. If you need a loan that is urgent for a short term and small amount, you can think of a true balance app.

The lender is registered with RBI as NBFC. make sure to calculate the fees and charges associated with the true balance personal loan. to keep your CIBIL score intact, you must pay the loan on time.

The last thing, avoid loans from banks, loan apps, or any financial institutions as much as you can as the interest rate will be high. try first to get the required amount from your friends and family. you do not have to pay any interest and the repayment time can also be more.

Read Also


1: What is the True Balance customer care number?

True Balance customer care number = 0124 468 3306

2: How long True Balance takes to send the loan amount?

It takes only 5 minutes to check your eligibility for the processing of the loan and after that, within 30 mins you will get the loan into your bank account.

3: What is the tenure of a true balance cash loan?

tenure of true balance cash loan will be 3 months.

4: What is true balance refer & earn?

To earn referral rewards, you need to invite your friends. Once your friends download the app and sign up with their mobile number, you will receive the referral points and so will your friends. You can recharge your phone with these points.

Free points are valid for 1 year. you can check free points by tapping the free points option on the top right of the home page or Tap three parallel lines on the top left of the main page and click-free point history.

5: What is the interest rate of a true balance personal loan?

true balance charges a monthly interest rate of 5 % – 11.9% on the loan amount on a personal loan.

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