A DSA loan agent is a person who works individually to find potential customers who need a loan. There are many loans on the market, such as personal loans, business loans, home loans, mortgage loans, car loans, gold loans, etc. The loan broker researches and helps people to get the loan they want. For this work, they receive a certain commission from the bank, which can be called “disbursement”
Loan agents usually will be affiliated with a Bank/NBFC under their affiliate partner program. Hence they would work on getting loan leads in favor of that specific Bank.
A Loan partner program is where a loan agent works and generates leads. These leads may need any type of loan. The loan agent is responsible for processing all the information and prepares the form. Once they have completed their application, the form must be submitted to the bank. The bank then completes the loan process and disburses the loan amount to the customer. For this work, the loan broker receives a certain commission.
A DSA loan agent can generate unlimited leads. When the lead you generated gets their loan amount disbursed, you get paid a commission. If you can generate maximum leads and they get their loan through us, as an agent you can earn in lakhs each month.
There are two ways the partner program works:
In the first part of the program, you will find the lead, get their loan application filled and then submit all the completed form to us. We shall then get this submitted to the Bank of the customer’s choice. Once the loan amount is disbursed, you will be eligible for a payout depending on the loan product.
In the second part of the program, you will find the lead and pass on their contact details and loan requirement to us. We shall then complete the whole loan application process. Once the loan amount is disbursed, you shall be eligible for the refer and earn payout depending on the loan product.
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