Blog

Feature Image

WHAT IS AN EASY GUIDE TO REGISTER AS LOAN DSA IN INDIA?

Posted on Thursday June 29th, 2023

Nowadays, the purpose of Direct Selling Agent (DSA) loan agents has been more well-known in India in recent years. You have the chance to connect borrowers with lending companies as a DSA loan agent and assist them in securing loans for varied goals. This step-by-step manual will take you through the necessary steps if you’re interested in becoming a DSA loan agent at ShubhBank and want to learn more about the registration process in India.

✓ Become Familiar with Loan Products: It’s essential to have a thorough understanding of the various loan products on the market before beginning the registration procedure. Learn as much as you can about personal loans, mortgages, business loans, and other financial products. Your ability to advise potential borrowers successfully and build your credibility as a DSA LOAN AGENT will both benefit from this information.

✓ Choose ShubhBank as your financial institution: Join our bank if you want to collaborate with on DSA loans. Consider comparing different banks and non-banking financial companies (NBFCs) based on their standing, line of business, interest rates, and level of customer support. ShubhBank understands your areas of expertise and provides credit products that appeal to your target market.

✓ Background investigation and confirmation: To determine your suitability as a DSA loan agent, the financial institution will carry out a background investigation and verification process. This can entail checking your paperwork carefully, confirming your qualifications, and running a credit check. Make sure all of the details you gave are true and accurate.

✓ Fulfill the requirements: The requirements for BECOMING A DSA LOAN AGENT vary depending on the financial institution. Generally, these requirements include being at least 21 years old, having a decent credit score, being familiar with the fundamentals of financial products, and being free from any criminal history. Before getting started, make sure you have gone through and satisfy the institution’s unique requirements.

✓ Fill out the application: To acquire the DSA loan agent application form, go to the financial institution’s official website ShubhBank.com or get in touch with the appropriate department. Fill it out completely, according to the directions, and include all relevant information. Along with the filled form, include the necessary papers.

✓ Get together the required paperwork to register as a DSA loan agent: PAN Card (copy), Identity Document (Aadhar Card, Passport, Voter ID Card or Driver’s License), Address Document (copy of a recent utility bill or rental agreement), Educational Document (certificates or mark sheets) and Passport-Sized Photographs.

✓ Sign the agreement and register: You will be required to sign a contract with the financial institution after the financial institution has properly evaluated your application and supporting papers. The terms and conditions, obligations, and code of behavior for DSA loan agents are described in this agreement. Before you sign, make sure you have properly read the agreement and are aware of the commitments it contains.

Hence at ShubhBank, if you REGISTER AS A LOAN DSA ONLINE may be both satisfying and profitable and deliver top-notch client service all during your time as a DSA loan representative.