A person who acts on behalf of another person or group may be known as an agent. Legal terminology defines an agent as a person or an entity who has been legally empowered to act on behalf of another person or entity. This person or entity represents a client in negotiations, and other dealings with third parties.
An individual or an entity who works as a loan referral agent for any bank, NBFC, or lending institution comes to be known as a Loan Agent. Such an agent identifies, and finds potential patrons for the bank, NBFC, or lending institution, he or she represents. A loan agent therefore finds potential clientele who are looking for loans. In order to complete this assignment, the loan agent then forwards the potential leads to the institution for processing of the loan.
For this activity of spotting, recognizing, and categorizing a prospective loan seeker, and referring the prospect to the lender for processing and disbursing a loan, a Loan Agent receives an agreed percentage of the loan amount from the principal or lender.
Ruloans Agent
Ruloans trains and equips individuals to operate as professional loan agents who generate leads in relation to prospective loan seekers. As a pioneer in the loans industry for the past two decades, Ruloans has carved a niche with the mantra – ’helping customers borrow right’! As a Ruloans Agent, you spot, recognize, categorize, and advise a prospective lead seeking a loan or credit, which could be of the following types.
Personal Loan
Home Loan
Loan against Property
Business Loan
New Car Loan
Used Car Loan
Gold Loan
Credit Cards and more
To operate as a Ruloans-DSA loan agent in Mumbai, you must be a resident citizen of India, and your age must be over 18 years. There are no educational requirements, whether you are a working professional, or a business owner.
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