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HOW TO REGISTER AS A DSA LOAN AGENT

Posted on Monday July 8th, 2019

While applying for a loan, person who help you procure a loan from bank or NBFCs are direct selling agents or DSA. They work as a referral agent for a bank or NBFCs to find potential customers for them. To do so, these agents will look for people who are in the market for loan. The leads are directed to the lenders and loan process is taken forward. For this lead, DSA is provided with a payout and its percentage depends upon the type and amount of the loan. This is a great way for every individual interested to Become Our Partner and to earn a little extra cash.

DUTY OF DSA

The duty of DSA is to get the potential leads and there are some other things that they do:

They procure the loan application from their leads along with required documents.

Verification of provided documents by borrower.

Submitting the application and documents and providing their DSA code to borrower to trace their application back.

ADVANTAGES OF BEING A DSA

You can earn an additional income and your earnings will vary from lead to lead.

Working hours are flexible.

You can Start Your Own Business with minimum cost with very little risk.

Highly educated is not a requirement.

The bank or NBFCs will provide you the general training.

Benefits that borrower get by opting loan through DSA

1. Any concerns about loan application or processing can be quickly and easily addressed by the loan agent.

2. He/she will provide you with a wide variety of options to choose from when you are looking for your desired loan product.

3. The loan agent is available if you require any service after sale.

HOW TO REGISTER AS A DSA

There is a process goes without saying that needs to be followed when you want to become adirect sales agent. It’s not a matter of waking up one morning and start selling loans from a bank or NBFCs. You have to register for that. Every bank or lending institutes have their own set of registration process. These steps are very common listed below:

1. Submit your application to the lending institute either bank or NBFCs.

2. Pay, if there is any fee of that.

3. Once the fees have been made, you will be contracted by the bank or NBFCs and will be asked for certain documents.

4. After this, your documents will be verified and your credit history will be checked by a legal team.

5. If your background check goes well, a DSA registration agreement will be sent to you with the right stamp duty.

6. Fill all the details correctly, sign the agreement and submit it.

7. Then we will issue you a DSA code.

8. After receiving the code, you can start uploading loan documents.

There have been several people in the world, young or adults who are now tired of their jobs under the leadership of someone, so ShubhBank is giving you the opportunity to Become Your Own Boss. The advent of DSA program have given the aspiring entrepreneurs an easy going way to earn quite handsome business payouts which led them to the path of successful entrepreneurship.