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HOW TO GET GREAT BUSINESS OPPORTUNITY BEING A LOAN DSA?

Posted on Wednesday March 31st, 2021

A Loan DSA is a direct selling agent who works as a referral agent for any lending institution. The job responsibility of a DSA is to identify and find a potential loan seeker for the particular lending institution that they represent. In order to carry out his/her duties, DSA will find the potential borrowers and then redirect them to the concerned lender and then loan processing is carried forward. A lucrative payout is paid for the services to the individuals who are looking for extra earnings being a direct selling loan agent.

Business opportunities for Loan DSA
Nowadays, there has been a great demand for various types of loan from the loan seekers in our country. It has also been found that the number of loan seekers is increasing rapidly to avail different kind of loans such as home loan, personal loan, business loan etc. as compared to the last two decades. Within the trend of technology, the entire lending sector is shifting online. Moreover, the hectic schedule of individuals has made them to apply for loans online rather than walking into a respective branch.

In addition to that, there has also been reported that the Fintech companies are growing rapidly by offering convenient loans to borrowers by making the process online or offering the DSA services who can connect potential customers with lenders to get the best deal. You can easily succeed in the financial market by adopting proven sales techniques and winning loan strategies.

Benefits of being Loan DSA
There are number of benefits that one can exploit while being a direct selling loan agent which are mentioned below:

• You can be your own boss irrespective of your current occupation to earn extra income.

• You would have an opportunity to become an entrepreneur without any additional costs and unnecessary risks.

• You should be free of any time constraints as you can choose the working hours as per your flexibility.

• Being a DSA provides you an excellent opportunity to maintain good social network which in turn can become a source of consistent income in long run.

• You will be rewarded with attractive payouts as well as incentives after executing the loan disbursal for potential lead.

• You will get recognition of an associate channel partner of a reputed financial institution offering various kinds of loans across the country.

How to register as Loan DSA?
There is a simple process that you have to follow to Register as a Loan DSA. Several banks and NBFCs have their own registration process which is mostly common and the steps are mentioned below:

• Fill the registration form either online or offline with any financial lender of your choice.

• Once your application gets approved, you will be contacted by that financial organization and would be asked to submit certain documents.

• After the verification of your papers, you will be able to sign the DSA registration agreement.

• Further, a DSA code will be generated for you and then you can start working with particular lending institution to earn lucrative payouts.


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WHAT PROFITS DOES A DSA BUSINESS PROVIDE YOU?

Posted on Monday January 25th, 2021

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.


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DSA REGISTRATION IS AN EASY ONLINE PROCESS NOW!

Posted on Monday December 7th, 2020

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.


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EARN HIGH PAYOUTS BY BECOMING OUR BUSINESS PARTNER

Posted on Tuesday October 20th, 2020

ShubhBank is one stop solution to present our clients the service for which they picked us over and an opportunity as direct selling agent (DSA) to source customers in different products and multiple locations in country. We deal in Personal loan, Business loan, Gold loan, Home loan and many more products to access the online leads available with us. We serve you the best in market as ShubhBank is the largest DSA distribution network in India and get an opportunity to earn high payouts by Becoming Our Business Associate open access to multiple products and banks on a single digital lending platform.

We have a highly transparent business model as well as our CRM system is integrated with numerous banks and NBFCs which gives instant approval from all in a single click. DSA loan agent registration is available for pan India locations, opportunity to earn biggest chunks of money, wide range of financial products with loans and many more services available for sourcing for DSA and ShubhBank CRM engine. Anyone can come into loan business with junior/senior label; you just need a dedication and commitment towards your vision. Starting your own business is very easy now, no need to go bank; you can start working instantly to get free leads.

In past days, it was tough to Start DSA Business Online due to lots of critical process and regulations. Now this hectic process has become easy just because of ShubhBank DSA program, giving you an opportunity to become your own boss and set your business successfully you can start your journey by filling a DSA application form, upload your KYC document and register yourself with unique DSA code. Though we all know it is not easier to ask money but loan business is huge profitable business, if you start alone, you can get margins up to 90% of payout collection, else depends upon the team size.

We are all connected with social media apps; it can be your family, relatives, your daily customer walk-ins on your shop. These all are your referrals from where you can earn good passive income by referring these potential loan seekers with us. ShubhBank offer a wide range of products and higher payouts on the success of referral leads. Payout structure is slab wise and depends upon the product as every bank designed their standard payout ranges. There are lots of other advantages of being our channel partner such as working for flexible hours, getting exciting incentives and a chance to work with big brands.

The entire process of registering as DSA is completely flexible and simple. You can grow your network as a loan agent and generate fresh contacts that will help you earn a lot of revenue. We are excellent in partner service and dedicated to our work as well as working with multiple financial and lending institutions, so you can enjoy a higher payout amount than other individuals. Hence, more you get the loan leads, greater will be the benefit earned by you.


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FREQUENTLY ASKED QUESTIONS ABOUT DIRECT SELLING AGENT (DSA)

Posted on Thursday July 30th, 2020

Who can apply as a Direct Selling Agent?
A person who is interested and have knowledge of financial products and desirable to work in public dealing with a good communication and convincing skills can Apply as a DSA with bank or NBFC.

What are the benefits for a financial institution to keep DSA?
There are number of benefits in appointing a loan agent.
• It makes the local approach easier.
• DSAs shortlist the potential customers.
• Common people become more aware about the financial products offered by lending institution.
• Loan seekers through DSA are easy to be addressed as DSA has performed preliminary verification and registered the needs of the client.

How does a DSA approach the customer?
DSA cannot directly approach someone who’s a potential customer but if individual is referred to DSA through someone or he/she himself presents a desire to avail the financial product to the loan agent.

How a DSA earns?
The lending institution offers a fixed percentage of incentive to the direct selling agent on each product sold by him/her to a client. Therefore, every potential loan seeker is an earning opportunity for the DSA.

How can an individual attach with a lending institute as a DSA?

To Become a DSA a person needs to follow given steps:

• Search for a genuine financial institution to work as a DSA depending upon factors such as payouts, working hours, targets etc.
Register as a DSA by submitting your application to the institution.
• Provide all the needed documents required by bank/NBFC and wait for the verification.
• Past credit report shall also be considered.
• Once you met the eligibility criteria and all your records are up to the mark, the institution will send you an agreement for DSA with a stamp duty.
• The applicant needs to return the duly fill form to the bank/NBFC if he/she agrees to all the terms and conditions as per the agreement.
• Then after DSA code is generated by lending institution which is used by candidate as an ID for all future settlements.

What are the uses of DSA code?
This code is used by DSA in all the documents submitted on behalf of a customer as well as it is tracking number for the loan agent to track the progress of loan application.

Why the DSA and financial institution relationship is symbiotic?
This relationship is considered to be symbiotic in nature because of the benefits provided to each other while coexisting in a system.

Benefits offered by the DSA to lending institution:
• DSA makes the people more aware about the financial products of the bank/NBFC; he/she is attached to.
• DSA saves a lot of time of the lenders as the preliminary verification of documents is performed by him/her.
• DSA keeps constant eye on competitor products giving a better idea to the lending institution about new market trends and requirements.

Benefits offered by bank/NBFC to a DSA:
• Regular trainings and workshops for DSAs to increase their product knowledge.
• It gives the DSA a good source of income without working for full time.