Home Loan App Truebalance Review | How to Apply TrueBalance Personal Loan Online – Interest Rate,...

Truebalance Review | How to Apply TrueBalance Personal Loan Online – Interest Rate, Eligibility, Full details 2023


Friends, everyone today simply thinks about themselves. Friends, there once was a period when people helped one another, but today, no one aids anyone. But having money today is crucial, friends. Friends, right now, the only thing that matters to us is money; without it, we can do nothing. Our first need is money. Are you want to online loan application? You have arrived at the right website blog post.

I have found an online loan application for giving quick loans. Friends, the loan application I’m referring to today is called Truebalance Loan App. In today’s post, we’ll learn how much money Truebalance Loan App will offer us.

What is Truebalance Loan App, How to Apply TrueBalance Personal Loan Online, what are the benefits of taking a loan from Truebalance Loan App, for how many days the loan will be available from the Truebalance Loan App, what will be the rate of interest for taking a loan from Truebalance Loan App, who will get a loan from Truebalance Loan App, what documents will be required to take a loan from Truebalance Loan App.


What is the Truebalance personal loan app?

Truebalance stands as a fast, user-friendly, and seamless digital lending platform. With over 50 million users placing their trust in this application, it has emerged as a go-to solution for financial aid across the nation. Owned by Balancehero India Private Limited, Truebalance operates as a Reserve Bank of India (RBI) authorized Prepaid Payments Instruments issuing entity. This recognition adds credibility to the platform’s offerings and ensures a secure and efficient lending experience.

How much loan can I get from TrueBalance Personal Loan App?

You can get a loan from the Truebalance loan app in three steps:

  1. Instant digital personal loan exclusively for new users:

Welcome Loan: Ranging from Rs.1 Thousand to Rs.6 Thousand

  1. Instant digital personal loan with KYC verification:

Level Up Loan: Ranging from  Rs.1 Thousand to Rs.30 Thousand

  1. Instant digital personal loan:

  Loan Amount: Ranging from  Rs 5 Thousand to Rs 1lakh

What is the tenure of the Truebalance Loan App?

Truebalance provides Level Wise Loans, allowing borrowers to enjoy repayment periods of up to 62 days to 6 months. The duration varies depending on the loan amount, with shorter tenures for smaller loans. Timely repayments not only extend the payment period but also increase eligibility for larger loan amounts.

Truebalance loan interest rate?

However, Truebalance offers loans at significantly lower interest rates, ranging from 3% to 15%. This competitive interest structure makes Truebalance an attractive option for those seeking affordable personal loans. Keep in mind that unsecured loans may entail slightly higher interest rates.

Truebalance Review (Google Play Store Details)

For those seeking user feedback and ratings, Truebalance  we are providing details below from the Google Play store Store:

                  Key Point of TrueBalance Playstore Details
 Name TrueBalance (Instant Personal loan App)
 Launched     17 October 2014
Application Size    24 MB
 Rating  4.3 Star
 Downloads     50M
 reviews   1M

Truebalance apk download,


Playstore Link… 


What are the documents required for a Truebalance loan?

To avail of a loan from Truebalance, several documents are required for a hassle-free application process. These documents include:

  1. PAN Card
  2. Identification and Address Proof (Aadhaar Card or Voter Card)
  3. Bank Statement (Up to 6 months of transaction history may be uploaded to verify income sources, if necessary)

To ensure a smooth loan application, ensure that you have the necessary documentation physically available.

TrueBalance loan approval time?

When it comes to loan disbursal, Truebalance ensures swift processing. The final approval or rejection decision usually takes between 7 hours to 1 working day, leading to prompt loan disbursal into your bank account.

A True Balance Loan App Example

To better understand the loan structure and associated costs, let’s consider an example:

TrueBalance Loan Amount: ₹10,000
Tenure: 3 Months
Processing Fee: 6% = ₹600  + GST (18%) ₹108= Total ₹708
Rate of Interest: 2.4%
Total Interest: ₹477
EMI: ₹3,492
Total Amount to be Paid:   ₹3,492  x 3Months = Rs. 10,476
Total Cost of Loan: ₹708+₹477+10,476=₹11,661 (₹11,185/-)
Amount Disbursed: ₹8,815


What are the requirements for True Balance?

Meeting the Eligibility Criteria

To determine eligibility for a Truebalance loan, certain criteria must be met, including:

  •   Indian citizenship is mandatory; non-Indian nationals are ineligible.
  •   The borrower must be between 18+year to 50 years of age.
  •   The minimum monthly income should be at least ₹15,500.

If the mentioned eligibility criteria align with your profile, obtaining a loan from Truebalance is a seamless process.

How to Apply TrueBalance Personal Loan Online

Applying for a Personal Loan on True Balance: A Step-by-Step Guide

To access the benefits of Truebalance’s personal loan facility, follow these simple steps:

Step 1: Install the Truebalance app on your device from the Official Website or Google Play Store.

Step 2: Register on the app using your contact number to log in.

Step 3: Provide basic details to determine your personal loan eligibility.

Step 4: Submit the necessary KYC documents and initiate the loan application.

Why take a loan from TrueBalance Personal Loan App?

In addition to personal loans, Truebalance offers multiple services that cater to various financial needs. These include:

  •     No-Paperwork Process: Quick and straightforward procedures without extensive paperwork.
  •     Quick Approval: Assessing loan applications within minutes to ensure timely decisions.
  •     No Bank Visits: A completely online process, Digital Process, enhancing convenience and ease of use.
  •     Fast Disbursal: Cash loans are directly credited to your bank account, minimizing waiting times.

TrueBalance Company Details

For any queries, you can reach out to Truebalance’s customer care:

TrueBalance Customer Care Number: 0120 400 1028

TrueBalance  Customer Care Complaint Mail Id: Not Available.

TrueBalance  Official  Website:  https://www.truebalance.io/

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


In conclusion, we have endeavored to shed light on the intricacies of acquiring a loan through the TrueBalance Loan App. With the ability to secure personal loans ₹1,000  to ₹100,000, you can now apply for a Truebalance personal loan from the comfort of your own home. Aadhaar card and PAN card are your gateway to financial relief. I hope that this article has provided you with valuable insights into the TrueBalance Personal Loan application process. Share this knowledge with your friends and family.

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