Friends, in today's article I am going to tell you how you can apply for a personal loan from True Balance And how much loan will you get and how much interest will you have to pay on the loan and how much will be your processing fee, I am going to tell you all this in this article, so please read This article Completely.
How To Apply Personal Loan
To apply for a personal loan, you have to download an application True Balance from the Play Store. After downloading, you have to sign up for True Balance . After signing up, when your True Balance account is successfully created, then you have to open True Balance.
After True Balance opens, loan offers will start appearing in front of you, then you will see cash loan and level loan, so if you ever need a cash loan, then you have to click on cash loan, if you ever need a level loan, then you have to click on level loan
| Loan Amount | ₹1,000 to ₹125,000 |
| Loan Repayment Period | 62 days to 12 months |
| Interest Rate | 5% To 30% Per Amount |
| Type Of Loan | Cash, Level Up, Personal Loan |
| Processing Fee | 2% To 5% |
| Loan Approval Time | Within 30 Minutes |
So I want a cash loan here, so I will click on cash loan. After clicking, it will ask me how much loan do you want, i.e. how much amount do you need. So I will select ₹20,000 here and here it will ask me at the bottom, for how long do you want to take this loan? So I want it only for 12 months, so I am taking this loan for 12 months. And then you will see the interest at the bottom and above that you will also see the EMI, that is, how much money do you have to pay every month as true balance to repay this loan. So here you can see the EMI in front of you and the interest rate is coming to be around two or three percent Then I want this loan, so I will click on the Next button below, you people also have to click on Next.
After clicking on Next, these people will ask you if you need a loan due to any reason, then you will get many options, so if I need a loan due to business here, then if it matches, I will select the business here.
asked what is your marital status, so if you are single then click on single, if you are in the married then click on married, I am single, so I will select single here.
Then you will be asked about your education, till what level have you studied, so if you have ever gone and passed 10th or have passed 12th or have done masters, then you people have to select that.
Then these people will ask you if the house you live in now is your own house or you live with a Rented. So if you have your own house then you can click on the Self Own.
Then it will ask you what do you do, if you don't do a job or if you are a student then select student or if you do a job then click on job
Then these people will ask you that how much do you earn per month, so if you earn Rs. 10,000 per month then you have to enter Rs. 10,000 and the date on which your monthly payment comes, that also has to be entered, so on whichever date you get your payment, you have to enter that.
Then these people will ask whether your monthly income comes in your bank account or in cash. So, if you receive cash, you should select cash. If your income comes in your bank account, you should select bank.
Then these people will ask you whether you have ever taken a loan or not. If you have never taken a loan, click on no the options.
Then the final step is for you guys because you guys have to verify your email ID here and at the bottom you have to click on apply loan, then your loan gets applied successfully
