True Balance Loan App Review – Real or Fake, Eligibility, RBI Approved or Not?

Digital loans help people get instant money instantly with a quick, paperless process. If you are looking for a personal Loan, then the True Balance app can be your choice. Many fake loan apps are increasing daily, so reading a review before taking a digital loan is good. Review Matrix is one of the popular Platforms that help users find a legitimate finance app. In today’s blog post, I will talk about the legitimacy of the True Balance personal loan app.

True Balance Loan App Details

True Balance is a personal loan application available in India and offered by True Balance – Balance Hero. Applicants can apply for a personal loan from 1 thousand to 1 lakh 25 thousand at lower interest rates. The main feature of this app is its minimal processing fee, 24*7 customer support, minimal KYC, and instant loan approval.

Apart from personal loans, True Balance also provides services like Recharge & Bill Payments. For every payment, the user will earn Cashback also. Anyway, let’s skip it and move forward to eligibility for a personal loan.

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Ture Balance Personal Loan Eligibility

True Balance App offers loans for both salaried and self-employed people. Here are the following conditions you must fulfill to be eligible-

• Applicant must be over 18 years old and less than 51 years old.
• Applicants must have a Government Approved Identity Card.
• For salaried people, the salary must be 20,000 monthly & for self-employed ITR must be more than 2 lakh 40 thousand.

If you are eligible, then prepare the following documents to apply for loan on True Balance:

• Last three months bank statement.
• Aadhar Card & PAN Card.
• Bank Account to receive money.
• Other Valid KYC documents.

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True Balance Loan App RBI Approved or Not?

True Balance is a safe & secure loan application approved by RBI and works with NBFCs approved partners. Here is the list of NBFCs approved partners work with them:

• NBFC-True Credits Pvt. Ltd
• InCred Financial Services Limited
• Grow Money Capital Pvt. Ltd
• Muthoot Finance Ltd
• Vivriti Capital Limited
• Northern Arc Capital Limited
• Lendbox (Transactree Technologies Private Limited)
• Oxyzo Financial Services Limited

Lastly, the True Balance app is a legitimate personal loan app, and you can try it to borrow a personal loan. If you are an existing True Balance user, write your experience in the review section.

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True Balance Personal Loan App: Real or Fake?

True Balance app is a legitimate personal loan application in India approved by RBI and works with many famous NBFC partners. I will suggest trying this personal loan application. Here are some popular points that show True Balance is a real loan app:

• RBI approved loan app.
• Available on the Google Play Store.
• Registered in India in 2017.
• Work with NBFC partners.
• PAN India service is available.
• No extra or hidden charges.

Finally, I conclude True Balance is a safe, secure, and legitimate personal loan app, and you can easily borrow loans from this app. Some users face customer support-related problems, but there are few negative user reviews.

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True Balance Loan App Review

True Balance Loan App

True Balance is a personal loan application available in India and offered by True Balance – Balance Hero. Applicants can apply for a personal loan from 1 thousand to 1 lakh 25 thousand at lower interest rates. True Balance is a safe & secure loan application approved by RBI and works with NBFCs approved partners. I conclude True Balance is a safe, secure, and legitimate personal loan app, and you can easily borrow loans from this app.

Price Currency: INR

Operating System: Android

Application Category: Loan

Editor's Rating:
3.56

FAQs

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