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WHAT IS THE ROLE OF DSA IN LENDING INSTITUTION?

Posted on Monday June 27th, 2022

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.


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WHY BECOMING A LOAN DSA IS GREAT OPPORTUNITY?

Posted on Monday January 31st, 2022

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.


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HOW TO BRIGHTEN UP YOUR CAREER BY BEING DSA AT SHUBHBANK

Posted on Friday December 31st, 2021

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.


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HOW TO ENJOY FLEXIBLE JOB EVER BY BEING DSA AT SHUBHBANK?

Posted on Friday September 24th, 2021

It’s a 21st century and work life in this competitive era has become more stressful and discouraging than past times. In our childhood, we all heard that getting an armchair job meant 9am to 5pm but work doesn’t end at 5pm these days as some people end up working until midnight. However, ideal job is just a dream now.

Now, just imagine what if you get an opportunity to work with no pressure, no unrealistic target, and unlimited growth potential as well as high chances of earning income. It sounds imaginary, but ShubhBank can fulfill this dream. We are giving you opportunity to Register as Loan DSA with us to enjoy flexible working and earnings.

Our partner program is a job opportunity where one has to generate loan leads. A loan DSA can work on various loan product such as Home loan, Business Loan, Personal Loan, Gold Loan etc. Once you generate a lead of potential loan seeker, you will submit it to ShubhBank. Afterwards, we will continue with loan processing and when the loan money gets disbursed to the borrower, you will get a payout.

There are some other good features also which makes ShubhBank’s partner program the best choice for you and your future which are mentioned below:

Flexible working hours: Some of the normal jobs end up working late nights when the deadline is running tight. However, your extra working hours won’t be accounted and you won’t get paid for that. It always lead to frustration but our partner program, your every minute is accounted of work. You can decide your working schedule and can work flexible hours without missing any important event.

Flexible targets: One have to be involved in specific targets to be matched in normal jobs which can be too unrealistic and sometimes, after working so much, one might not get the required appreciation but ShubhBank appreciates all your efforts you have done, being our loan DSA. You can discuss your targets with loan coordinator to complete the commitments on time.

Flexible earnings: When you work with some specific organization, you will be given with a fixed salary, sometimes they don’t give you bonuses, increments or appraisals more than once in a year. Moreover, promotions may take ample amount of time. With ShubhBank partner program, you will be rewarded at each milestone, once you complete it from your regular income.

You can Register as a DSA Online or offline with ShubhBank to earn flexible income and will give your great opportunity to earn a high incentive. The only thing to keep in mind is that your payout and other earnings will entirely depend upon the amount of your work and efforts you put to generate the leads.

So what are you waiting for till now? Apply for our partner program and become a loan DSA with ShubhBank in no time. Hence, generate the loan leads, wait for the loan processing. You will earn your reward when the loan amount gets disbursed into borrower’s bank account.


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WHAT ARE THE ACTIVITIES DONE BY DSA DURING LOAN?

Posted on Friday July 30th, 2021

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.


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GROW YOURSELF FINANCIALLY BY BECOMING DSA WITH SHUBHBANK?

Posted on Wednesday February 24th, 2021

ShubhBank is a digital lending platform where you can look for and apply for instant and easy loans from all the leading banks. You can apply for business loan, home loan, personal loan, gold loan and many more with best possible interest rates and terms. We aspire to become country’s best lending marketplace through profitable partnerships. To Register as a DSA (direct selling loan agent) with ShubhBank, you can visit our page ShubhBank.com to know our rewarding partnership program. There are top benefits for becoming our channel partner to source loan applicants which are mentioned below:

⇒ Smart Payouts: It is the financial return or monetary disbursement for every potential lead being processed by you. ShubhBank provides a generous amount of payouts to all our partners who get their lead processed. There is an unlimited potential for earning depending upon the loan amount you disbursed behind every loan case.

⇒ Transparency: The whole process from getting a lead from partners till the disbursal will be completely transparent for its associates. We give complete visibility and permit you to earn more and keep your loan seeker updated about their loan processing in real time. Our sales team can guide your customers to the great loan offerings to help them access the funds for their needs and financial growth.

⇒ Timely Earnings: As you Become a Channel Partner with ShubhBank, it gives you the opportunity to boost your monthly income using your network and generating funds outside of your regular job. We never delay the payouts once after the completion of your loan disbursal but the return depends upon the business you done with us and payment will be directly processed to your account.

⇒ Speedy Processing: ShubhBank is the leading lending platform powered by reputed financial institutions. Our partnership management helps you with the skills that help you succeed faster. The flow of loan processing is very speedy as there will be no delay to get a loan after the completion of pre-requisite documents and fulfilling the particular set of eligibility criteria.

⇒ Minimal Paperwork: We believe in paperless and smooth loan approvals and encourage our associates to send the files through online modes like email or whatsapp to reduce the piles of documents. We have our own online lending platform connected with various lenders which is completely paperless.

⇒ Unique affiliate code: Our institution always provides a separate code for each of our channel partner under which their cases or leads will be logged in. You can also send these links to your potential leads through email or message to check their loan processing in a mean time.

⇒ Massive Funding Options: We deal with innumerable financial product options such as personal loan, business loan, used car loan, loan against property, home loan, gold loan, machinery loan, business loan etc. depending upon the requirement of loan seeker. Thus, we act like a one stop solution for all the financial needs of our customers.

Therefore, to enjoy the top benefits of being our partner, feel free to join us by registering with us online. We can bring you easy access to potential borrowers thus giving you smart payout returns.