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
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
I’ve tried taking loans from multiple apps, and while none are perfect, this one definitely stands out. The process is smooth, and hassle-free. I would absolutely recommend it and will consider using it again if the need arises in the future.
Quick and convenient loan
Ashu.Chauhan
I need some amount for an emergency and had no time to wait for long approval. I tried many apps to get loans, truebalance was the quickest one to respond back and i got loan money in my account. There was no hassle and the app is also very easy to use.
Easy personal loan
BE.6E
Simple online application. Multiple offers were given and went with 12 month loan. Received money within 5 minutes. Flexible repayment options are also available. Good, reliable app for online loan.
Developer Response
Hey, thanks for sharing your positive experience! We’re happy to know you’re satisfied with our service. Tell your family and friends, and help us reach more people. For any suggestions, please write to us at cs@balancehero.com. Thanks, Team True BalanceNote: Loans are provided by RBI-licensed NBFCs
Worst Loan App – Misuses CIBIL and Wastes Users’ Time
Kartik sarap
This is one of the worst loan apps I have ever used. True Balance checked my CIBIL score and even made a hard inquiry on my CIBIL report, but my loan is still stuck on “Waiting for Approval” for more than 6 hours.If you are taking access to my credit report, the least you can do is give a clear and quick decision. Other loan apps approve the loan and transfer the money to the bank account within this time, but this app just keeps users waiting with no update and no transparency.They claim fast approval, but in reality it’s just misleading. Playing with someone’s CIBIL score and then not approving the loan on time is completely unprofessional and irresponsible.I strongly do not recommend this app to anyone. Total waste of time and unnecessary damage to credit score.
Bug fixes and performance improvements
Version 7.23.00
The developer, BALANCEHERO INDIA PRIVATE LIMITED, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Location
Contact Info
Identifiers
Diagnostics
Data Linked to You
The following data may be collected and linked to your identity:
Financial Info
Location
Contact Info
User Content
Identifiers
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Search History
Usage Data
Diagnostics
Privacy practices may vary based, for example, on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
Provider
BALANCEHERO INDIA PRIVATE LIMITED
Size
53.8 MB
Category
Finance
Compatibility
Requires iOS 17.0 or later.
iPhone Requires iOS 17.0 or later.
Mac Requires macOS 14.0 or later and a Mac with Apple M1 chip or later.
