True Balance - Personal Loan

True Balance is now on iOS!

True Balance is an online personal loan app trusted by over 80 million Indians. It is a secure digital platform for personal loans, payments, and financial services with a simple mission: Finance for All. We are authorised by the RBI as a Prepaid Payment Instrument (PPI) issuer and also facilitate digital personal loans ranging from ₹1,000 to ₹2,00,000 (Disbursal Amount) for a tenure of a minimum of 6 months to a maximum of 24 months through RBI-registered NBFCs.

Additionally, we enable access to digital personal loans up to ₹5,00,000 through RBI-registered NBFCs in partnership with our fintech partners, with flexible tenures ranging from 12 to 48 months, subject to the lender’s policy.

With our initial iOS version, you can now apply for personal loans seamlessly. More features like Digital Wallet, Gift Wallet, and others are coming soon!

Personal Loans Made Easy

- Personal Loan Amount : Borrow up to ₹5,00,000 (Disbursal Amount) by the NBFCs in partnership with our Fintech Partners

- Tenure: Flexible repayment periods of 6 to 48 months (as per lender’s policy)

- Disbursal: Loan credited directly to your bank account by the RBI registered NBFCs

- Processing Fees: Affordable & transparent, with no hidden charges

- APR: ranges from 28.8% to 78% for loans disbursed by our NBFC partners and the NBFCs in partnership with our Fintech Partners

- EMI Due Date: 1st, 3rd, 5th, 10th, 15th, 20th of every month

Why Choose True Balance?

- 100% Digital – apply anytime, anywhere

- Safe & Secure – encrypted platform

- Transparent Terms – no hidden costs

- Low Processing Fees – affordable for borrowers

- 24x7 Access – financial support when you need it most

Example Loan Calculation

- Loan Type: Unsecured Personal Loan

- Amount: ₹10,000

- Tenure: 6 months

- Interest Rate: 2.4% per month

- Processing Fee (6%): ₹600 + GST (₹108) = ₹708

- Total Interest: ₹844

- EMI: ₹1,807

- Total Repayment: ₹11,550 (includes interest + processing fee + GST)

How to Apply

- Install the True Balance app

- Register with your mobile number

- Submit KYC documents

- Complete a few steps to check loan eligibility

- Receive the approved loan amount directly in your bank account.

Our Lending Partner Details

True Credits Private Limited

InCred Financial Services Limited

Grow Money Capital Pvt. Ltd.

Vivriti Capital Limited

Northern Arc Capital Limited

Oxyzo Financial Services Limited

Our Fintech Partner

Prefr (Dreamplug Technologies Private Limited)

Responsible Lending

- True Balance adheres to responsible lending practices. Our policies and services comply with all applicable laws and regulations. We are committed to providing transparent and ethical financial services to our users.

Additional Information

- Secure, encrypted systems to protect customer data: [Privacy Policy Link]

- Privacy Policy: [True Balance Privacy Policy]

- Terms & Conditions apply

Contact Us

Address: The Circle Work, 5th Floor, Huda City Centre Metro Station, Sector 29, Gurugram, Haryana 122001, India

Email: cs@balancehero.com