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Fusion Finance Limited
4.0
ratings
30 MB
Size
Verified

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About the app

With the help of this app Fusion finance aims to bridge this gap of the availability of organised finance by providing financial services at the doorstep to the customers. We are focused to serve the “Missing Middle” segment of MSME, which is aspiring to increase their contribution in the economic growth of the country. Our commitment is to timely serve this segment through a service differentiated on trust, transparency, and convenience. The purpose of introducing “Growth Partner” channel is to develop an alternate sourcing channel by appointing self-employed individuals who are aspiring to enhance their household income. Such individuals are in the neighbourhood of our target segment which brings us closer to customers and improves our speed of execution. Our customers are predominantly located in semi urban and rural areas across peripheral of tier I, tier II/III/IV cities. This app is a platform where individuals can partner with Fusion Finance and can earn some extra income at the comfort of your home or your business place. Our product portfolio includes: Secured Business Loans Solar Loans Example of a Secured Business Loan Loan amount (Sanctioned): ₹ 4,00,000. Tenure: 60 months. Interest Rate: 24% per annum. Processing Fee 3% (incl. GST): ₹ 14,160 Login Fees (IMD) - ₹ 1,500 + GST Legal & Technical Fees- ₹ 3,000 + GST Insurance Charges - ₹ 3,290 CERSAI Charge- ₹ 118 Health Insurance- ₹ 1,750 Total Interest: ₹ 2,90,432 EMI: ₹ 11,507 Sanctioned Loan amount is ₹ 4,00,000 Net Disbursed amount is ₹ 3,76,552 Total loan repayment amount is ₹ 6,90,432 Total Cost of the Loan = Interest Amount + Processing Fees = ₹2,90,432 + ₹14,160 = ₹3,04,592 Contact Us: 1. Write to [email protected]
 2. Or visit us at Address:
 Fusion Finance Limited, 3rd Floor, Build No.86, Sector 32, Institutional Area, Gurgaon – 122003

Finance

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Permissions

Location: access this device"s location

Storage: access photos, media, and files on your device

Biometric Information: access biometric data like fingerprint to unlock the app

Internet: use your internet connection

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