Become A Loan Agent - Join Us As Loan DSA or Loan Partner - PowerPoint PPT Presentation

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Become A Loan Agent - Join Us As Loan DSA or Loan Partner

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Become a Loan Agent at Choice Connect. Join us as a Loan DSA or Loan Partner and get high commissions, timely payout, zero investment, no paperwork and more. visit us at- – PowerPoint PPT presentation

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Title: Become A Loan Agent - Join Us As Loan DSA or Loan Partner


1
Loan DSA Registration Process
2
Who is a Direct Selling Agent?
  • A direct selling agent or loan DSA is a person
    who works as a referral agent for a bank or NBFC.
  • The job of a DSA is to find potential customers
    for the bank they represent. To do this, DSAs
    will look for people who are in the market for a
    loan. These leads are then directed to the
    concerned bank or NBFC and the loan process is
    taken forward.
  • For the effort put in by the DSA, a payout is
    provided. This payout is a percentage of the type
    of loan and the loan amount. And this payout is a
    great way to earn a little extra cash. In rural
    areas, DSAs are known as business
    correspondents.

3
DSA Registration Process
  • Visit and Submit your application to the bank,
    NBFC, or lending platform.
  • Make the necessary payment.
  • Once the payment has been made, you will be
    contacted by the bank, NBFC, or lending platform
    and will be asked to furnish certain documents.
  • Post this, your documents will be verified, a
    legal team will start a due diligence process,
    and your CIBIL score and credit history will be
    checked.
  • If there are no problems with the background
    check, a DSA registration agreement with the
    right stamp duty will be sent to you.
  • Fill in the required details, sign the agreement,
    and submit it.
  • The DSA code will be issued to you.
  • Once you receive the code you can start uploading
    loan documents.

4
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