True Loan – Instant Loan App satisfy your cash needs fast and easy way.
True Loan India’s leading digital lending mobile-based online loans platform. We aim to meet customer’s financial requirement for various requirements ranging from purchase of mobile phones, medical needs, bill payments etc.
Why US (True Loan)?
Get 24*7 access to online loan anytime, anywhere
No credit history required for true loan
Efficient Application Review
Paperless and digital process on your mobile for fast loan
As the credit score grows, the sanctioned amount gradually increases
Disburse to your connected account once approved
Example of our True loan app:
For a 6-month loan of ₹20,000 for 3 months with interest rate @13% per annum,
Interest = ₹20,000 * 13% / 365 * 90 = ₹641;
Processing Fee @ 3% = ₹600;
The total amount to be paid = ₹20,000 + ₹641 + ₹600 = ₹21,241.00;
Monthly repayment of ₹6880
Key Points of True Loans:
Loan amount: ₹0 to ₹3,00,000
Interest rates: 12% to 26% per annum
Tenure: 6 to 48 months
Feature of True Loan
- Up to ₹3,00,000
- Instant money transfer to bank account
- 100% digital process
- Flexible loan and EMI options
- Zero pre closure charges
Eligibility for true loan:
1. Indian resident
2. Above the age of 18 years
3. Should have monthly source of income
Processing fees and other charges as applicable by respective banks/NBFC’s and it ranges from a flat Processing fee to 2.5% of Loan amount depending on Banks and NBFC’s. Banks/NBFC’s may charge additional charges towards CIBIL Report, Government Cersei Charges. GST @18% on processing fees. All charges which are charged by bank will be communicated to Customer Prior to funding. Collection of processing Fees & charges are depends on norms of Banks/NBFC's & it’s may vary Banks to Banks & NBFC to NBFC.
Fees & Charges
Interest rates range from 0.5%-12% with equivalent your monthly incomes.
One of our primary partner NBFCs – GLEND PVT LTD is a Systemically Important NBFC within Cooperate with Instant Loan to develop online business.
Types of loan offered by BANK LOAN PROVIDER App from various Banks/NBFC's.
- Home Loan
- Mortgage Loan
- New Car Loan & Old Car Loan
- Over Draft & CC Facility
Safety & Security
True Loan mobile app understands the privacy and confidentially of its customer who have shared their personal information with us. It's our topmost priority to keep the information secure and avoid misuse of customer's personal details.
True loan need your information for the following purpose -
=> To reply to queries submitted by you regarding true loan
=> Process application or orders submitted by you about true loan
=> To resolve problem with any services provided to you for fast loan approved
=> Your information will helps us to ease true loan process
=> We don't collect any legal proof, we collect its offline for your trust.
You can repay your loan using Net banking, , debit card or UPI Also, use auto-debit from bank account or debit card to automatically repay your loan instalment on time and take new loans fast and maintain your Cibil score as good
✔Experience exchange
• We provide a reply function in each article, where you can exchange ideas and share other users' online cash loan experiences.
Note: this app is not directly engaged in money lending activities and are only providing a platform to facilitate money lending by registered Non-Banking Financial Companies (NBFCs).
Information Disclosure and Sharing
True loan does not sell/ rent or disclose your information with anyone as described in this policy. We restrict the collection and use of your information
✔ List of registered NBFCs
- Jeevan Finance Pvt Ltd,
Contact us
Email:
[email protected].