Take a dive into the world of business by registering as a DSA or a loan agent. It will give you the opportunity to work at your own pace and schedule by getting rid of the employee tag. The ever increasing loan business has created a massive growth opportunity for being a direct selling loan agent. In past times, borrowing money from a financial institution was not a convenient choice and if the need arose, people have to visit the bank branch directly.

Nowadays, every individual is in the rat race of owning a house, buying a dream vehicle or to fulfill their personal needs and desires, so people look for instant loan schemes. The financial institutions are offering various kinds of loan these days and providing doorstep loan processing which has triggered massive demand for loan agents. If you want to be your own boss “Become a DSA“ which can turn your dreams into reality. It gives you the freedom of working at desired hours and you can earn the experience for being a successful entrepreneur.

Perks of DSA business

When you work under certain employer, you have limited growth opportunities which hinder your progress who is determined. Registering as a loan DSA helps you to explore your earning limits. Here, we have listed some perks of DSA business:

→ Be your own boss: If you are fed up of working under certain boss, then the role of DSA is just carved to be your own boss. You can increase your earnings and also have the flexibility of time to accomplish your financial goals. In addition to that, you can generate leads towards the field of finance and sales which helps you to boost your productivity.

→ Be a part of reputed financial institutions: If you get associated with a fast progressing financial firm such as ShubhBank, then you have the great chances to have a progressive career path. You also get the chance to work with leading banks of the country which can scale you to greater heights in the future.

→ Zero Investment: One of the major benefits to “Register as a DSA“ is that you can start this business without investing any capital. The things which are required to invest in, is your skills and time for capturing potential leads and forwarding them to the associated lender. Moreover, you need not to spend a single penny to get started.

→ No prior knowledge of banking: The great thing about registering as a DSA is that you do not require any knowledge of banking sector. You just have to grasp an opportunity in the form of leads as well as you require a skill to convince potential loan seekers to get successful in the lending business.

→ Smart payouts: The payout slab depends upon which financial institution you are associated with. If you are passionate about your work and good at capturing the leads, then you can increase your earning limits by selling different loan products for a lender. The non banking finance companies offer higher payouts in comparison to traditional banks.

Hence, you can find out the precise earnings and timings by becoming a channel partner with ShubhBank to realize your dream of running a successful business.

A direct selling loan agent (DSA) is responsible for connecting the potential loan seekers to the direct lenders. They endorse and explain the various lending services offered by respective financial institution and look out for the documentation process. He/she is also committed to carry out fundamental checks and make sure that the submitted or the uploaded documents are in accordance with the guidelines laid down by the particular bank or NBFC, they are working for.

The direct selling agent (DSA) finds potential individuals seeking a loan for the financial institutions in the form of leads which are forwarded to the respective lender for further proceedings. The hard work of the loan agent is rewarded in the form of commission or a payout. It is primarily a percentage of disbursed loan quantum availed with every successful lead. This is the great way to earn extra along with your primary job as it offers flexible hours for working. There is an easy set of procedure for “DSA Registration“ that a person has to adhere to become loan agent.

Here are some easy online steps that are followed in the registration process:

√ Visit the website of particular financial institution and fill the registration form online.

√ You will be asked for certain documents and basic personal information for identity.

√ When your background check gets verified, you will be allowed to enter into a DSA agreement.

√ Before signing the agreement, fill the requested details and submit them.

√ The DSA code will be generated for you after you get registered successfully.

√ You can embark on work as a DSA officially once you get the license or code.

Once you have registered successfully and obtained DSA code, you will be provided with training by the financial institution. If you want to work with our firm ShubhBank, then you can sell loan products from leading banks and financial firms. You will learn how to secure the verified leads and to process them. You should have great communication skills in order to convince a loan seeker that why a particular product is best for them which will brings you more commission. You will perform the assigned duties well, once you are aware of working style taught to you during the training process.

It is the unique model for thousands of people to get business opportunity in their registered locations. It brings you the opportunity to earn exclusive income and to grow yourself professionally and transparently. Some of the benefits associated with this model are listed below:

√ Higher payout slabs.
√ Digital payouts.
√ Build own network.
√ Grow your business.
√ Flexible timings.

If you want to become a loan selling agent (DSA) “Apply For DSA Registration“ to fulfill the dreams of earning more. It is easy to become a channel associate with ShubhBank and start working as loan agent. Here, educational qualification is not a pre-requisite; you just need to have an urge to excel in the sale of loan services such as home loans, personal loan, gold loan and many more.

The role of DSA is almost same in every financial institution but when you apply for a loan selling agent for a particular lending institution, you have to go through a specific agreement that contains all the terms and conditions applicable. The loan agents are the one who connects a potential loan seeker to the lender, take care of the needed documentation for loan application forms, do fundamental evaluation and ensure that the submitted documents are in accordance with the guidelines of the particular lending institution. Here, we will discuss about what role does DSA play in loan processing and in its disbursal.

1. Applicability
The code of conduct for “LOAN AGENT“ will be applicable to all the individuals employed by DSA who would be involved in marketing and distributions of the financial services of banks and NBFCs. If anyone fails to adhere with this requirement may result in permanent termination of the channel partner tie-up of the DSA with associated lending institution.

2. Tele-calling a potential borrower
A potential loan seeker has expressed his/her desire to take a product via lending website/branch or has been referred by another client or through the an existing customer of the associated bank who has given acceptance for receiving calls for the other services of the bank or NBFC.

3. Keep the secrecy of borrower’s interest
The customer’s privacy should be the first and foremost priority of the “DSA“. If the borrower would authorize then any other individual/spouse/accountant/family member can be contacted.

4. Messages and contacting the borrower
DSA should make a call to the borrower only. However the customer is not available, a message may be delivered to him/her with the objective of getting the customer to call back or to check for a convenient time to call him/her again.

5. Misrepresentations are prohibited
The DSA cannot give misrepresentation of any offered service/product or about the bank and NBFC to the customer and can’t make the false promises on behalf of the bank or any lending institution.

6. Contacting Etiquettes

Pre-call
1. Always make a call between office hours.
2. No calls if you figure out the do not disturb numbers.

During call
1. Give a brief introduction of yourself.
2. Seek a permission to proceed with your product and don’t force if denied.
3. Try to talk in the language that is most comfortable to the customer.

If a loan seeker plans to buy the financial product:
1. Confirm the next call with customer.
2. Provide your contact number if anyone ask for it.
3. Gratify the customer for giving his/her valuable time.

7. Do not accept any bribe
DSA must not accept any kind of bribe offered by the customer. She/he must inform about this act to the management.

8. Few precautions to be taken

DSA should:
• Respect the privacy of customer.
• Do not intrude the client’s office/residence without his/her permission.
• Take care of borrower’s requirements.
• Maintain a healthy and professional relationship.

9. Handling the letters
DSA should follow the prescribed format assigned by the particular lending institution.

ShubhBank is a one stop solution for all your financial requirements as one can avail any kind of financial assistance in form of loans either secured or unsecured types of loans. There is wide range of financial services such as personal loans, home loans, loan against property, gold loan, business loan, machinery loan, insurance and many more.

By joining hands with ShubhBank, you get an opportunity to earn plentiful incentives by sourcing customers looking for different financial products located anywhere in India, being DSA. You act as a link between borrower and lender and will look for customers seeking loan. Here you are provided with information about “Corporate DSA Registration“ at ShubhBank and partnership opportunities.

Registration process just involves four steps:
• Fill up a simple application form with your name, phone number and email id.
• A unique code for DSA will be provided.
• Once you are done with password settings then your own dashboard pops up.
• Start submitting leads and make money from successful turnouts.

Benefits of being DSA at ShubhBank
We are committed to build trust and an opportunity for self-employment as well as take care that our objectives and goals would be accomplished by being all-inclusive. We appreciate working with diverse kinds of individuals and gain knowledge. Join hands with ShubhBank and enjoy ease of growing with simplicity and honesty.
• Start with zero investment and earn an additional income.
• “Be Your Own Boss“ and run your business with minimal cost and risk.
• Liberty to work alone or hire a team to go big.
• No discrimination of age, gender or disability.
• Social and personal recognition without any higher education.
• You can choose flexible working hours from your personal space.

Work profile of DSA
There are lots more things that loan agents can do rather than just referring us the potential leads.
• Procure the loan application from borrowers along with the required documents.
• Go through to check nothing is missing in both the application form and the documents.
• Go for a basic verification of the documents to ensure that they are genuine.
• Upload the loan application and documents on ShubhBank’s portal.
• Fill your DSA code along with application so that it can be traced back to you.

How to refer clients for loan
• Open your unique dashboard with DSA code.
• Click on to open new application form.
• Select the required type of loan product from the drop down list.
• Select the mode of collection for documents. It is advisable to procure the papers from the borrower yourself otherwise ShubhBank will also do it for you.
• Proceed the process.
• Fill in the details of referral loan amount, job type etc.
• Please select the EMI option most suitable for your client.
• Submit the application.
• We need supporting documents to be uploaded such as ID proof, address proof, PAN card details, business continuity proof, latest bank statement, etc.
• Within few days of approval, your lead will get the loan amount transferred to bank account and simultaneously your payout is also transferred to your account.

ShubhBank business partner program helps you in accelerating your business growth. Either you are a DSA, chartered accountant, insurance agent, financial advisor or any other professional who’s hungry to grow; we’ll connect your business to our goals that means for profits, innovation and success for you. So get associated with us to experience the business growth along with flexibility and transparency. We are efficiently growing in present market scenario giving you an opportunity to become more productive.

FEATURES OF THE PROGRAM

EARN MORE: As our institution is linked with reputed banks, so partnering with us will earn you smart commissions, faster collection and more working capital.

BELIEVE MORE: ShubhBank has dedicated customer relationship management system for managing all sale queries. You are provided with real time updates about your client’s application as well as the payments.

WORK MORE: With our marketing tools, CRM support and accessible training material, you will grow as more effective, productive and influential individual when it come driving business.

KNOW MORE: Fill in the joining form either online or offline and we will get back to you and customize the partnership agreement to make a win-win situation for both of us.

ELIGIBILITY CRITERION FOR BEING A DSA (Direct Sales Agent)

Any individual with valid KYC is eligible for being a DSA. There are some pre-requisites needed for registration such as your name, mobile number, hometown and profession. After capturing the primary details, some documents are required in order to be verified in the system like aadhar card, PAN and some business related documents.

After registering and once your documents have been submitted and verified, you can start working with us. You can start giving leads as soon as you got registered. You can enjoy your payout in your bank account when the loan money of your lead has been disbursed. As per your performance, you can get working capital support to expand the business, smart payout circles, and vouchers from leading online websites.

BENEFITS OF BEING A DSA

Most of the individuals do not like to work under someone. We give you an opportunity where you can “Join DSA Partner Program“. There are many of the benefits associated with it:

Be your own boss: Everyone wish to do something of their own and want to invest their time and effort that will give them more wealth. Being a Loan DSA with ShubhBank, you can enjoy working in flexible hours and generate more leads and earn more.

Free business set-up: You need a lot of capital and even a loan to “Start Your Own Business“ but with our partner program, all you need to invest is your time, effort and communication skills.

Growth and remuneration: Being a DSA with ShubhBank helps you earn more profits with your clients itself. You get payout at the end of the each month and more leads converted means more payouts for you. We also help you in expanding your network, developing better communication skills and increasing your knowledge in loan sector.