What is True Balance?
True Balance is a secure platform for lending, payments, and financial services dedicated to the mission of "Finance for All." True Balance is a Prepaid Payment Instrument issuing entity, authorised by RBI, which issues Digital Wallet and Gift Wallet, which can be further utilised for recharges, bill payments, fund transfers and payments through wallet interoperability on UPI. The Loan app also provides unsecured Personal Loans through RBI-registered NBFCs, which have been trusted by over 75 million users across the country. Here, you may avail of 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 12 months at a low processing fee.
True Balance also facilitates digital personal loans up to ₹5,00,000 through RBI-registered NBFCs in partnership with our Fintech partners, with flexible tenures ranging from 12 months to 48 months, depending on the lender’s policy.

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

What We Offer:
*1- Quick Personal Loan: Loan App*
Loan Features:
●Loan: Apply today for a seamless borrowing experience.
●Safety: 100% safe and secure platform
●100% Digital and 24*7 access to loans
●Personal Loan Range: Borrow up to ₹5,00,000 (Disbursal Amount) in partnership through our NBFC partners and Fintech partners
●Flexible Tenure: Choose a repayment period of 6 to 48 months
●Low Processing Fees: Affordable costs
●Direct loan disbursal to your bank account

Example Online Loan Calculation:
-Loan Type: Unsecured Personal Loan
-Loan Amount INR 10,000
-Loan tenure: 6 Months
-Interest Rate 2.4% Per Month
-Processing Fee (6%): ₹600 + GST (18%): ₹708
-Interest: ₹844
-EMI: ₹1807
-Total Repayment: ₹11,550 (includes processing fee + GST)
*Interest rates may vary based on the borrower's risk profile.

*2. UPI*
Simplify money transfers with UPI-enabled True Balance Wallet (NPCI Approved).
●UPI Features
●Quickly transfers money to anyone, anytime
●Pay bills and recharge online
●24x7 access to digital payments to merchants
●Pan-India Service
●Interoperable personal loan app - Send money using your mobile number via UPI-enabled True Balance Wallet, including to those who are not on True Balance

How to Apply for a Personal Loan?
●Install the True Balance app.
●Register with your contact number to log in.
●Complete basic details to check loan eligibility.
●Submit KYC documents and apply for a quick loan.
●Receive the approved loan amount directly in your bank account.

Lending Partner Details (Loans facilitated by RBI-licensed NBFCs)
●True Credits Pvt. Ltd.
●InCred Financial Services Limited
●Grow Money Capital Pvt. Ltd.
●Vivriti Capital Limited
●Northern Arc Capital Limited
●Oxyzo Financial Services Limited

Fintech Partner Details
●Prefr (Dreamplug Technologies Private Limited)

App Permissions and Reasons
●Location: For suitable online loan offers & Video KYC.
●SMS: For phone number verification & SIM binding for PPI interoperability.
●Camera: For KYC documentation & Video KYC.
●Phone Info: To prevent fraud.
●Microphone: For video KYC.

Contact Information
Address: The Circle Work, 5th Floor, Huda City Centre Metro Station, Sector 29, Gurugram, Haryana 122001, India. Email: cs@balancehero.com

Additional Information
-A fully online and secure process with a 4.5-star rating.
-Highly secured and encrypted system for customer data.
-Privacy Policy: [True Balance Privacy Policy]
-Note: Terms and Conditions Apply!