Here are a few factors

Rating 4.6 /
Total - 362 ratings
Location PAN India
CIBIL Score 650+
Processing Online
Business Vintage 3 Year
Minimum Turnover 3 Lac Minimum ITR required , No turnover criteria
Loan Amount & Tenure 1 Lac-5 Lac
(12 month to 36 month)
Loan Product Term Loan
Rate of Interest & Type 26% to 28%(Reducing)
TAT Sanction-2 Days
Disbursement-7 Days
Processing Fees 3%
Foreclosure Charges 4%
Applicant Type Any Self Employed Person
Whether Co-Applicant Mandatory Yes
Proprietor Age/Co-Applicant Age 23 Year to 51 Year
Part Payment Allowed No
Whether Ownership Proof Required Yes, Either Office or Residence should one should be owned.
Business Registration Proof Mandatory Yes, ITR will be considered as Registration Proof but Business name must be reflected in ITR
Program Banking Program
Product for Professionals No
Negative Profile School, Advocates, Share Traders, GYM, Liquor Business, Man Power Industry, Civil Contractor,
Aviation Sector, Tour & Travel, Real Estate
USP Funding on ITR basis (ITR required 3 Lac+)
Additional 1. Minimum 100% Shareholding required on Loan if applicant is LLP/Partnership firm/Company 
Right Documents - Easy Process

Required Documents to Apply for Fusion Bank Business Loans

  • KYC of applicant & Co-Applicant
  • Last 3 year ITR with computation of income of applicant & co-applicant
  • Last 3 year audited balance sheet of applicant
  • Last 3 year Tax audit report of applicant
  • Last 12 month Bank Statement of applicant & co-applicant
  • 26AS of last 2 year of applicant & co-applicant
  • Copy of GST registration
  • Copy of MSME registration
  • Copy of Last 12 month GST return
  • Sanction letter of all running loan
  • Debt Sheet
  • Latest utility Bill of residence if owned or rent agreement if rented
  • Latest utility Bill of Office if owned or rent agreement if rented
  • 2 Reference with contact details
  • Last 3 year Debtors & Creditors on letter head
  • List of Directors & Shareholders, if applicant if Company or List of Partners if applicant is Partnership firm/LLP

Note : Fusion Bank Business Loan may ask for additional documents based on the applicant’s profile. The above list is for reference purposes only.

Some Important Points

1. KYC Means If Applicant is
  • Company-MOA, AOA, COI , PAN Card
  • Partnership Firm/LLP- Partnership Deed & PAN Card
  • Proprietorship Firm- PAN Card, Adhaar Card, Passport size photo
For Co-Applicant
  • KYC means  Adhaar Card, PAN Card, Passport Size Photo
Co-Applicant means in case of
  • Company : Directors
  • Partnership firm/LLP : Partners
  • Proprietorship Firm : Spouse of Proprietor
2. If applicant is professional, then his professional degree is required

About Fusion Business Loan

Fusion Business Loans enable you to take advantage of chances and prosper in today's dynamic business world, whether it's through expansion, innovation, or overcoming hurdles. Break down obstacles and explore new territory with financial support to help you achieve your expansion goals.

Give your concepts a reality. Fusion Business Loans provides the tools you require to develop and stay ahead of the competition. Boost your momentum by generating consistent cash flow. These loans provide a lifeline for your operating needs, ensuring your success. You are more than a borrower when you work with Fusion Business Loans; you are a valued partner. Take advantage of a partnership founded on trust and support.

Here are a few factors about Fusion Bank

Fusion Microfinance is an NBFC in India that provides financial services to semi-urban and rural women. Fusion Microfinance provides two types of financial services - the JLG and Emergency loan. JLG: Fusion Microfinance offers an unsecured loan without requiring the applicant to submit assets as security. The following are some of the other features of the JLG loan:
Visit Our Website

For the first step, you will have to visit our website to explore the loan options that fit your needs.

Select and Apply

Once you shortlist the loan you have been looking for, apply for it, and proceed with the further process.

Submit Your Document

One of the most important steps. Now you will have to submit all the required documents digitally.

Enjoy Your Financial Freedom!

Once your application is approved based on your eligibility, you will receive your loan amount shortly.

Leave Your Question


Microfinance is a financial service that provides small loans and other financial services to low-income households.

The high-interest rates in microfinance (MF) settings are argued to be justified because of the increased operating and processing costs associated with serving very small loans without collateral.

To qualify as microfinance, loans of up to Rs 5,00,000 must be supplied to households in rural India, according to a new definition from RBI.

The Interest for Fusion Business Loan is around 28% which can vary based on the amount of loan taken by the business.

Fusion MicroFinance takes 3% of the total loan amount as processing fees for the loan from the borrower.