Guidelines

Who can become DSA?

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Who can become DSA?

Eligibility Criteria: Anyone of Indians between 18+ to 65 years of age can register as a partner with us & 1 Year+ Experience in Financial Industries or. First step to start your DSA business.

How does DSA earn?

On an average, a DSA receives up to 1 percent as commission for materializing a business or personal loan amounting to INR 10 lacs. The DSA payout rate is higher if the loan amount sought is more. 1.5 percent is offered for 30 lacs and 2 percent for over 50 lacs.

Is DSA business profitable?

Is a Bank DSA business profitable? Yes. No matter which party is part of this business, the DSA business is profitable in every corner and for everyone. The amount an individual and the company earn is purely based on the results they generate month on month.

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How do I become a bank channel partner?

Who can become a Channel Partner?

  1. An Individual or Business Entity who can source cases of Home Loan (HL) / Loan Against Property (LAP) for Aadhar.
  2. He should preferably have experience of sourcing businesses for Financial Products.

How can I get DSA in Bank of Baroda?

Ensure completion of applications in all respects. Fill in Home loan applications and obtain all the requisite documents, and deliver to the identified (Branch/SMS) either by him/her/it or through any other person authorized by DSA (in case of non-Individuals) on its behalf for further processing.

What is the role of a DSA in a bank?

Identify and understand the need of the Customer. Sell the Banks Products proactively to new/prospective customers. Obtain relevant documents on all Bank products sold, e.g. identity document, business registration documents etc. Ensure timely submission of weekly sales activity reports to Direct Sales Manager.

How can I get DSA in bank of Baroda?

How can I become DSA of IDFC Bank?

Fill up a simple application form with your name, phone number and email id. A unique code for DSA will be provided. Once you are done with password settings then your own dashboard pops up. Start submitting leads and make money from successful turnouts.

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How can I get LIC DSA?

How to apply? Application in the prescribed format is to be submitted to the Area Manager / Officer-in-Charge for empanelment. The Key Persons / Senior Officials of the Institution will be interviewed by the Area Manager / Officer-in-Charge. Application can be downloaded from our Downloads section.

How do I get a DSA personal loan?

Loan DSA Apply – Registration Process

  1. Visit the particular bank or NBFC and submit the application form.
  2. Makes necessary payments if there is any towards the application form.
  3. You will be asked to submit certain documents for identity and address proof.
  4. The documents would be verified by a legal team.

Can practicing CA become DSA of bank?

As you are aware that various Companies are appointing Chartered Accountants as their Direct Selling Agents (DSA) and this is an emerging area of professional opportunities for the members.

How can I get DSA in Axis Bank?

DSA Registration Process

  1. Visit and Submit your application to the bank, NBFC, or lending platform.
  2. Make the necessary payment.
  3. 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.

How do I get a DSA job in a bank?

You can approach any staffing/recruitment agency by carrying your resume and you will be assisted.Another way is that you can get in touch with existing DSA of any bank u prefer , he/she will surely guide. Some popular staffing agency for DSA are peoplejobs,Speed jobs etc….

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What is the full form of DSA in banking?

DSA is abbreviations of Direct selling Agent. We know that private banks have their marketing agents who bring business. The same concept is adopted by Nationalised Banks and appointed dsa. In order to bring business to the banks they get some percentage as commission on the amount of loan.

What is a DSA (direct selling agent)?

A direct selling agent or 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.

Which Bank do you prefer for DSA for bank personal loans?

Coming to the point, I’d like to become DSA for Bank Personal Loans & Home Loans. I prefer Private Banks like HDFC, ICICI, HSBC or RBS.