A direct selling loan agent (DSA) is the working individual who is assigned to generate leads for loan. They get the training to bring potential borrowers to the lending institution. More the successful leads they get, more the money they can make. They are trained with the skills to generate as many successful leads as possible.

Every financial and lending institute has the same terms and conditions for a loan DSA. When anyone wishes to “Register as Loan DSA“ with any lender, he/she should go through a specific DSA agreement containing all the applicable rules and regulations. The DSA is assigned with some duties until the loan gets successfully disbursed. Let us explore more about the job responsibilities of loan agent in lending institution.

The direct selling loan agent links loan seekers to lenders. Moreover, they look after entire documentation for the specific loan application, perform fundamental checks and ensure the submitted papers are as per the guidelines. Here, we have mentioned some of the other job responsibilities of DSA other than generating leads:

Calling potential customer: The main duty of loan agent is to call the potential borrower and link up them with lenders. You have to make a call when someone express his/her desire to apply for loan. Therefore, only a person who has given acceptance to receive calls for loan solutions will get a call from loan agent. The DSA will not call any customer who has denied the offer.

Maintain the privacy of borrower: It should be the priority of DSA to maintain the privacy of potential borrower. However, if the customer has authorized any other friend or family member to intervene otherwise you cannot discuss their interest with any other person.

Transparency: It is very important to be transparent to your client. The DSA should not mislead the borrower about any loan product or services provided by the lender. Never make any fake claims or promises on behalf of lending institution that you can’t fulfill later on. If you exhibit your honesty, your current clients may recommend you to other people also.

Link up precautions: A loan agent should respect every customer’s privacy. If the client doesn’t wish, do not visit their office or house. Try to maintain a professional distance with the customer and respect their personal space.

Take care of documentation: When the loan seeker has finally agreed to buy a loan product from your financial institution then get all the documents ready. Collect all the required documents according to the lender’s requirement and submit it to the assigned authority. You have to do everything till the loan get disbursed to the client.

Hence, the basic roles of DSA are to connect the lenders with borrowers evaluate the background of potential borrowers, collect and submit the documents from the loan seeker as well as track the processing of loan application. If you want to “Register as Loan DSA Online“ or offline, become a partner with India’s largest DSA network, ShubhBank to earn high payout by working in flexible hours and generate as many leads as possible.

ShubhBank is a one stop solution to all your financial needs as well as has a partnership program that offer loan business access to any potential seeker all over India.

One can join our institution as our partner associate and submit leads to track their application using the CRM portal. You can start your own business across country from the comfort of your personal space and “Register as a DSA“ at ShubhBank to earn passive income.

The duties of loan DSA involves seeking potential loan seekers for the specific lending institution he/she works for. A loan agent has to look out for the individuals who are looking for loan solutions to accomplish their financial goals. Afterwards, the successful leads are presented to the financial institution and then the loan application process begins.

With partner program at ShubhBank, you can “Register as DSA Online“ or offline by submitting the required documents on our website or you can also visit the bank to join us and provide a convenient solutions to your borrowers to get any type of credit at lowest possible interest rates which will in turn gives you the opportunity to earn the smart payouts in the lending market which will act as a secondary income for you.

After joining as DSA in our lending institution, you will get the ability to search for customers who are in need of various financial products residing anywhere in the country. ShubhBank deliver different types of financial tools such as Home Loan, Personal Loan, Business Loan, Gold Loan, Loan against Property, Used Car Loan etc. We have very easy and convenient loan process and help people to fulfill their needs.

You will get an opportunity to become a business partner with a trusted financial lender i.e. ShubhBank. Moreover, putting your efforts and hard work helps you to generate great income. One of the major benefits, if you “Register as a Loan DSA Online“ is to be your own boss as you have a complete command over your working hours and generates as many leads as you can and earn high incentives on successful lead disbursement.

In our partner program, a loan DSA can track their lead status and also check your pay-out. One just needs to check their contacts that are in need of any type of loan. If you give quality leads to the institution then surely it will give you an offer to earn more. Payout percentages may vary according to various types of loan which also changes from time to time. Being a DSA is both promising and high-potential profession and business in lending market.

One can apply online or offline to be a loan DSA at ShubhBank by clicking our website or visiting our branch in tricity with required documents. You need not to pursue higher education, no time limits, no targets but you have to be resident of India with a basic knowledge to earn highest pay-out on successful lead disbursals. Therefore, start earning today, and apply for DSA registration at our online portal ShubhBank.com.

A loan DSA is an individual who work on referral bases for specific lending institute or bank to find a potential loan seeker. Therefore, a direct selling agent extends such loan seekers to the associated lending institution where the loan is processed forward. If the loan gets disbursed, the DSA receives an incentive from the lender which is generally a percentage of the secured loan quantum. So, to “Register as a Loan DSA“ our institution has reproduced some steps hereunder:

1. Visit ShubhBank and submit your registration in the branch or you can also register online at our website ShubhBank.com.

2. Pay the registration fees either online or offline.

3. Our loan executive will call you and ask for further paperwork.

4. Your credit history will be verified along with some background verification.

5. An agreement for DSA registration will be prepared with stamp duty.

6. Next, a DSA code will be generated.

7. After obtaining a DSA code, one can upload the loan documents for further processing.

Opportunities for DSAs in the coming years:
As the global economy has been shuffled due to the Coronavirus outbreak, the demand for various kinds of loan has been increased for personal and professional financial crunch. Individuals tend to avail different loans for their requirements such as Personal Loan, Business Loan, Home Loan, Loan against Property, Gold Loan, Machinery Loan, Used Car Loan etc. Meantime, everybody is concerned about their well being and following social distancing, so the entire lending process has moved online.

The demand for loans is rising especially among small business owners and commoners. Moreover, demand for short term loans and loan term loans has been observed from different parts of the country. Hence, there is a more demand of loan DSA’s by lending institutions to ease the whole process and by borrowers to access the needed funds by being safe at home. The potential borrowers can approach a DSA to clear their queries, to help them in documentation and applying for a loan.

There are number of benefits, you can enjoy while you “Register as a DSA Online“ or offline that has mentioned below for a quick reference:

1. One can be his/her own Boss as there are no time constraints and target goals.

2. You can work as a DSA alongside your primary job.

3. Zero investment is needed while setting up your own business.

4. A loan DSA can earn attractive payouts by working on flexible terms and conditions.

5. No advanced qualification is required to become an entrepreneur.

Becoming a loan DSA is an attractive option of earning where you can earn high payouts in terms of percentage of the loan disbursed. Direct Selling Agent is also called out to be loan officer and find interested loan seekers and refer them to the associated financial institution. The services provided by the DSA are beneficial for both the lender and borrower. All you need to have the basic knowledge of finance and ability of good communication skills to convince the potential customers to precede with the loan processing.

The channel partner program is one of the most beneficial ways for any home-maker or working individual to generate good wealth. ShubhBank has PAN India network spread across 500+ cities in country where you can find our associates spread across every city to generate loan leads and help loan seekers to borrow in the right way. We acquire number of DSAs that have been appointed through our lucrative partner program to work in flexible hours and to generate good amount of earnings.

The program finds out exceptional people who wish to grow their business and earn their livelihood. We help you to earn more to upgrade your lifestyle. One can “Register as a DSA“ at ShubhBank and utilize our program to generate the loan leads. Besides that, there are number of benefits that a DSA can get by being a partner associate with us.

In this blog post, we have mentioned some of the merits which DSA can enjoy:

Work in flexible hours: It is one of the best things about our partner program which will provide you the chance to work at your convenience. There is no such fixed time and days of the week where you have to sit on a desk to work. You can work from the comfort of your personal space or one can work from weekends to weekdays depending upon the time which they can spare out to work easily.

Be your own boss: At ShubhBank, we permit an individual to be his/her own boss. Whether he/she can work from home or they can hire an office for themselves and help us to look out for the potential loan seekers to change these leads into successful borrowers to earn independently. Therefore, we help to edge out an entrepreneur in you that can lead by example and help us to expand our business across the country.

Utilize our network across India: As we have mentioned earlier, we are covering more than five hundred cities in India which enables us to have our executives in remote locations. So being a DSA loan agent at ShubhBank, you can utilize our PAN India network and gain coverage in every region.

Limitless monthly earnings: You will be surprised to know that ShubhBank doesn’t regulate any limits on your monthly earnings. You can work for limitless hours and can earn as much as you desire. If you will be able to generate more loan leads, you will able to earn a higher incentive on every successful loan. Therefore, it is good to bring out your best and generate as many leads as possible.

Instant payouts: ShubhBank processes your payouts as soon as you succeed your loan lead. You can get faster payouts every month as our institution believes in paying our associate partners on time. It will help us to expand our business by rewarding you and motivating you to work harder.

Hence, these were some of the perks that a DSA can enjoy when he/she “Register as a DSA Online“ or offline. If you want to be a part of our loan partner program then click on our website ShubhBank.com.

Any industry either banking, mutual funds or insurance grows when it has good contribution spread reaching the end clients. Nowadays, most of the organizations appoint DSA (direct selling agent) to achieve their goals. These associates can earn good income helping them to earn their livelihood as well gives them the opportunity to be part of a huge brand, thus providing job opportunities.

ShubhBank has been in lending sector from past years and has created a customer base PAN India so that it comes easier for potential borrower to find us. We have been successfully running the DSA program across India and generating loan leads for different loan types such as Home Loan, Personal Loan, Business Loan, Gold Loan, and Loan against Property etc. One can “Register as a DSA“ at ShubhBank as part-time or full-time worker to earn a smart income as per your terms.

Being a DSA at ShubhBank allows you to work for our brand and represent our banking services in the region where he/she is appointed as it is not possible for organization to reach the vast array of customers and local administrative functions. By doing so, you can earn attractive incentive, timely payouts, tax deductions, exposure to multiple banks and products, all under one roof. Being in the lending market, we are continuously expanding our operation in country by registering loan agents who will work for our brand services and helps customers to process their loan requirements.

Our channel associates such as DSAs have to follow some set of activities. We hone your skill set through training and enhance your confidence to get into the field. In this article, we have mentioned a list of activities a loan agent must follow:

Data Maintenance: The maintenance of data is crucial for any business. Having a clear and precise data, one can build up a database that can be used at a later stage for marketing.

More ground coverage: A loan agent gets better when he/she commutes and covers farther distance. When you have vast ground coverage over a large area, there are greater chances to turn potential clients into leads.

Create a Network: An efficient loan agent from ShubhBank will build up contacts in his/her network which will help him/her to get the leads directly. It is really significant to create a strong network as it can help you earn high payouts.

Flexibility: A flexible working helps you grow in your career easily. If you are limited to just a one loan product, you will going to generate limited leads but if you get engaged into multiple loan services it will return you multiple leads that will surely increase your earning potential.

Follow up of Customers: Being a DSA with ShubhBank, you must follow up with organization and prospective leads about the progress and disbursal of loan. If you are stuck somewhere in between, ShubhBank is always there for you to find an efficient way out.

Hence, these are the activities a DSA has to perform. If you are interested to be your own boss and to earn high payouts, you can visit our website and “Register as a DSA Online“ via filling the online form.

Any DSA loan agent works as a referral agent or as business correspondents for particular financial institution. A direct selling agent has to find potential client who are looking for any kind of loan for the lending institution he/she represents. He/she works as link between borrower and a lender as well as provided with a pay-out for the effort put in. A loan agent is supposed to ensure a basic check about the background of borrower and submission of right documents.

The pay-out earned by the DSA is a certain percentage of the loan amount disbursed to the client. It is great way of adding on to your existing income. While you “Register as a DSA“ with ShubhBank, you get the opportunity to source loan seekers for different products anywhere in India. You can provide variety of loans with easy and hassle-free processing. In this article, you will get to know more about the partnership opportunities.

The DSA loan agent have to do few other things along with referring the potential leads. He/she has to procure the loan application form with required documents from potential lead and have to check that everything is in place. DSA has to verify all the documents if they are genuine or not and has to upload them on portal. Afterwards, fill in the DSA code on the portal to trace the progress of your application.

To “Become as a DSA Loan Agent“ with ShubhBank, one has to fill up the simple form with basic details such as name, phone number and email id. Then after, a unique code will be provided for which you have to immediately set a password. After entering the password, your special dashboard pops up where you can submit your leads and start applying for loans on your client’s behalf and earn money after successful disbursal of lead.

Steps to refer clients:
⇛ Open up your dashboard with your unique DSA code and password.
⇛ Click to open a new loan application form and select the required loan type.
⇛ Select documentation collection mode and procure the documents from client yourself.
⇛ Fill in the needed details such as occupation of the loan seeker and loan quantum required by him/her with supporting documents such as ID proof, address proof, business registration proof, latest bank statements etc.
⇛ On approval, your lead will get the loan amount he/she asked for from the lending institution and your commission is transferred to your bank account simultaneously.

ShubhBank works a commitment to build trust and an opportunity to self-employed individuals. We aim at accomplishing our goals and objectives by being all-inclusive. We are well aware that no business grows by working alone. Our organization enjoys working with diverse kinds of individuals and sharing their knowledge. When you become a loan DSA with ShubhBank, you will be provided with numerous opportunities to grow as a person to earn best business payouts. Therefore, get a chance to establish new contacts that can be your source of income in a long run.