Download AppWin Assured Cashback
Paisabazaar Logo - Compare loans and credit cards

True Balance Personal Loan

icon
Get Cashback of 1,000* on Loan Disbursal
Valid till 31st July '26 *T&C Apply
Instant Personal Loan

Get up to ₹50 Lakhs starting at 9.98%

4.5/5

15.6L Reviews

5.7cr+Satisfied Customers
65+Lending Partners
₹65k Cr+Loans Disbursed
Icon image of Wide Choice

Wide Choice

Curated offers from 30+ lenders

Icon image of Quick Disbursal

Quick Disbursal

Money in your account instantly

Icon image of SmartMatch

SmartMatch

Offers ranked according to eligibility

Icon image of Digital Process

Digital Process

Hassle-free & paperless

Find Best Personal Loan Offers

filter-icon

Filters

ICICI BankICICI Bank
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing FeesUpto 2.5%
Max. Loan Amount₹2 Crore
HDFC BankHDFC Bank
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing Fees₹4999+GST
Max. Loan Amount₹50 Lakh
Axis BankAxis Bank
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing FeesUpto 2%
Max. Loan Amount₹40 Lakh
Kotak BankKotak Bank
Processing Time3 - 5 Days
Interest Rate9.99% onwards
Processing Fees₹12999+GST
Max. Loan Amount₹50 Lakh
Bajaj FinservBajaj Finserv
Processing Time1 - 2 Days
Interest Rate10% onwards
Processing FeesUpto 1.2%
Max. Loan Amount₹75 Lakh
IDFC First BankIDFC First Bank
Processing Time1 - 2 Days
Interest Rate9.99% onwards
Processing FeesUpto 2%
Max. Loan Amount₹1 Crore
CholamandalamCholamandalam
Processing Time3 - 5 Days
Interest Rate17% onwards
Processing FeesUpto 4%
Max. Loan Amount₹50 Lakh

True Balance Personal Loan Highlights

Interest Rate 2.4% per month
Loan Amount Rs. 1,000 - Rs. 2 lakh
Loan Tenure 6 months - 2 years
Processing Fee Up to 8.4%

Key Features of True Balance Personal Loan

The features of the True Balance personal loan are mentioned below:

  • Branded as “Cash Loan” or “Level Up Loan”
  • Offered to meet the personal requirements of individuals, including travel, medical emergency, education, etc.
  • Monthly interest rates starting from 2.4%.
  • Loan amount ranges up to Rs. 2 lakh.
  • Flexible loan tenure up to 2 years.
  • Processing fee ranging up to 8.4%.
  • Completely digital loan processing.
  • Minimal documentation.
  • Quick loan disbursal.
  • The loan amount is disbursed directly into the bank account of the borrower, and no cash handover is allowed.

True Balance Personal Loan Eligibility

True Balance follows an internal underwriting mechanism to approve loan applications. These are predominantly dependent on factors such as income, timely repayment history, existing financial obligations, etc.

Lenders usually consider the below-mentioned eligibility criteria while evaluating the personal loan application.

  • The age of the applicant should be between 21 and 65 years.
  • Salaried and self-employed individuals are eligible for personal loans.
  • The EMI/NMI ratio of the eligible applicant should be 55% or below.
  • Applicants having a CIBIL score of 760 and above usually have higher chances of getting their loans approved.

Individuals can use Paisabazaar’s Personal Loan Eligibility Calculator to assess their eligibility even before loan application to increase their chances of loan approval.

Documents Required for True Balance Personal Loan

The documents mentioned below are required for availing a True Balance personal loan:

  • KYC documents - PAN, Aadhaar card.
  • Bank statements.
  • Other income documents may be required.

Also Check: Personal Loan Documents

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

True Balance Personal Loan Approval Time

True Balance personal loan is approved quickly, with loan disbursal in as little as a few minutes. The lender verifies the documents and assesses the loan eligibility of the applicant and approves the loan application quickly. The loan is disbursed directly into the bank account of the borrower.

True Balance Loan Repayment Process

True Balance follows multiple repayment methods that are shown on the app during each repayment. These include:

  • UPI
  • Netbanking
  • Debit card
  • UPI AutoPay
  • NACH auto debit

How True Balance Determines Loan Approval

True Balance determines loan approval in the following manner:

  • The credit score of the applicant should be high (Applicants with a credit score of 760 and above usually have higher chances of getting their loans approved).
  • The EMI/NMI ratio of the applicant should be 55% or below.
  • The applicant should have a stable job and consistent income.
  • The KYC and income documents should be correct.
  • The credit utilization ratio should be low.
Why Choose Paisabazaar?
image of Compare & Choose the <strong>Best Offer</strong>

Compare & Choose the Best Offer

image of Pre-approved Offers with <strong>Instant Disbursals</strong>

Pre-approved Offers with Instant Disbursals

image of Know Your <strong>Chances of Approval</strong>

Know Your Chances of Approval

image of End-to-End <strong>Digital Process</strong>

End-to-End Digital Process

Avail Personal Loan for
All Your Needs

Avail Personal Loan Banner

FAQs

What is the maximum loan amount offered by True Balance?

The maximum loan amount offered by True Balance is Rs. 2 lakh.

What is the interest rate charged by True Balance?

True Balance offers personal loan at interest rates starting from 2.4% per month.

How quickly is the loan disbursed?

In most cases, the loan is disbursed in as little as a few minutes.

Can I prepay my True Balance loan?

Yes, you can prepay your True Balance personal loan.

Is there any foreclosure charge?

True Balance has not disclosed its foreclosure charges. However, personal loan foreclosure charges usually range up to 4% of the prepaid amount.

How can I track my application status?

You can check your loan application status on the True Balance mobile app.

What should I do if my application is rejected?

On loan rejection, the lender communicates the reason for rejection to the applicant. You can also see the reason for loan rejection on the mobile app. You can work on the shortcomings and improve your credit profile.

How can I improve eligibility for a higher loan amount?

You can improve your loan amount eligibility by maintaining a strong credit score, keeping EMI/NMI ratio below 55%, having a consistent job and income, etc.

Can I get multiple loans from True Balance?

Yes, you can get multiple loans from True Balance depending on your credit profile and repayment capacity.

Is True Balance available across India?

Yes, True Balance is available across India. One can apply for credit using the True Balance mobile app.

quotes icon

What our customers say

Get My Personal loan disbursed

I would like to give a huge shoutout to Munni Nayak from Paisabazaar for her incredible support in helping me get my personal loan disbursed within just a few days. She was extremely cooperative throughout the entire process and demonstrated great knowledge by explaining every step in detail with patience and clarity. I truly appreciate her dedication, professionalism, and the smooth experience she provided. Thank you so much, Munni, for all your help and support!

icon image of avatar
Preeti BhattMay 16, 2026

Smooth & hassle-free loan approval experience

I want to express my gratitude for your exceptional support & guidance throughout my loan application process to Aman (EW17239). Your professionalism & clear communication made the journey smooth and manageable. I appreciate how you helped during loan approval & fast-tracked the documentation. It is rare to find someone so committed to their clients. I truly value the effort you put into ensuring a successful outcome. Thanks again for your invaluable help.

icon image of avatar
Sanjay Kumar GuptaMar 30, 2026

Exceptional guidance throughout the process

I’d like to express my sincere appreciation for Mr. Aman Kumar (EW32023) for the excellent assistance provided. His professionalism & willingness to help made the experience smooth & pleasant. Aman Kumar demonstrated patience & clarity while addressing queries and ensured that everything was handled efficiently. Such dedication & customer-focused service truly deserve recognition. Please convey my thanks and appreciation to him for his outstanding support.

icon image of avatar
Jyotirmoy SinghaMar 23, 2026

Very helpful and easy to reach

I really wants to appreciate Mohankumar Dhandapani for closing my loan requirement in such a short time and nice manner. He is very much approachable helped me based on my requirements. He explained me all the options in very short time even one option failed immediately helped me to get other options worked. Excellent job done by Mohankumar Dhandapani all the best keep you same way approachable you will get more customers. Thanks to Paisabazar too.

icon image of avatar
Kirubagaran GanesanFeb 24, 2026

Reliable help when i needed it most

I am writing this email to express my sincere thanks for your excellent support and guidance on Paisabazaar. My experience was very smooth and satisfying because of your help. You explained everything clearly and made the whole process easy and comfortable for me. I truly appreciate your professionalism, patience, and quick response. I am very happy with the service and would definitely recommend to others because of the great support I received from you. Thank you once again

icon image of avatar
DharmeshFeb 22, 2026

Committed support that made everything easy

I’d like to appreciate the Paisabazar team for the excellent loan service. I especially want to recognize one of your agents, Mr. Prince Kumar, for his outstanding support. For more than a month, he continuously followed up with me and assisted me. His commitment & professionalism made the experience smooth & hassle-free. I appreciate his efforts and dedication. Kindly acknowledge his performance and consider rewarding such a sincere employee.

icon image of avatar
BhupendraFeb 18, 2026

My Trust in Paisabazaar has Increased

I would like to take a moment to share my sincere feedback regarding the support I received from your team. The executive who assisted me was extremely professional, polite, and knowledgeable. They patiently understood my concern, explained the process clearly, and guided me step by step toward the right solution. I truly appreciate the transparency, timely responses, and genuine effort shown to help me.

icon image of avatar
Lalit MaviFeb 12, 2026

Best Place for Taking Loans

I contacted customer care with a few queries, and I am very satisfied with the support I received. The representative was polite, patient, and explained everything clearly. My questions were resolved properly, and the overall experience was smooth and helpful. Thank you for the excellent customer service

icon image of avatar
Kokil BarnwalFeb 12, 2026

Easy loan approval with good guidance

Thank you for the support provided for getting personal loan approval. During this process I worked with Mr. Aman Bajpai (EW17239) who was co-ordinator for this entire process of Personal loan, I was incredibly impressed by his efficiency and problem-solving skills. He went out of their way to ensure all my questions were answered and that the disbursement timeline stayed on track. His coordination was really appreciable.

icon image of avatar
Riyaj AtarFeb 9, 2026

Apne higher education ke liye loan liya tha

Muhje higher education ke liye loan chahiye tha. Paisabazaar pe apply kiya. Got it at the right time. Quite helpful.

icon image of avatar
Puja DanuJan 22, 2026
View All Testimonials
Anubhuti Agrawal profile
Written ByLinkedIn icon
Anubhuti Agrawal
Sumit Kumar profile
Reviewed ByLinkedIn icon
Sumit Kumar

Paisabazaar is a loan aggregator and is authorized to provide services on behalf of its partners.

The APR (Annual Percentage Rate) of a personal loan is its annualised cost of borrowing, which includes the interest rate as well as the processing fees, documentation fees and other fees charged during the loan origination. The APR is expressed in the form of a percentage and thus, allows personal loan applicants to detect personal loan schemes offered at lower interest rates but with higher processing fees and/or other charges.

The APR of personal loans usually ranges between 11.29% to 35%. For example, assume that you have availed a personal loan of Rs. 5 lakhs @ 10.50% p.a. with a repayment tenure of 5 years. The processing fee charged for this loan is 1.5% of the loan amount, which amounts to Rs 7,500. Therefore, the total borrowing cost of your personal loan will be Rs 1,52,317 and its APR will be 11.16%.

Address: Paisabazaar Marketing & Consulting Pvt. Ltd. 135 P, Sector 44, Gurugram (HR) 122001

pl-sticky-irfan-icon

Get up to 50 Lakhs starting at 9.98%*

Scroll to top