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How to Become a DSA?

Author: Poonam Dambare
by Poonam Dambare
Posted: Nov 03, 2018

How to Become a DSA?

DSA or Direct selling agents for loans is the ever increasing profession, which helps banks to get the businesses. The Direct Selling agents for loans are the ones, who generate leads for the banks and in return are rewarded with the commission, the percentage, which actually differs based on loan types. These DSAs are in fact the backbone of any banks, which proves crucial as an important working chain for the loan business for the banks all over the country.

Who are DSAs?

DSAs or Direct Sales Agents are the people or associates who work on the behalf of the banks, to capture leads for them. These people are hired on the basis of the commission, who sell various products like loans and others to the people on the behalf of the banks.

Banks and DSAs – The Story

Becoming a DSA for any bank, is just like a simple private job, where you are required to work for the banks in gathering or generating leads for them. Becoming a DSA in a bank is a simple entry, but with lots of targets and workload, which might hamper you personally. Being given targets, they ought to achieve it in order to sustain their job security and most often they are under lots of loads to achieve a particular target. So, what’s the choice for those people who got sick of the daily routine of gathering leads to meet the monthly target for the banks? Is there any way out?

Bring a change in your life with DSA,

Yes, of course! There’s always a way out to all the troubles of life. The DSA Work is no exception. In spite of working for a bank, why don’t you work for your own good? Why don’t you give yourself a reason to cheer in your life, with no overburdened workload? Why don’t you offer yourself with a better opportunity which can lead to towards the success path and help achieve your dream?

There’s always a way open for the people who dare to seek a change in their life. In place, of working for a bank, why don’t you consider working for yourself? With no limitations and no targets at all, with no overburden workload, no seniors barking at you, why don’t you give yourself a freedom, where you can work for yourself. The options are unlimited and the rewards are even more unlimited. With every effort, you are investing it to accomplish other’s goals, why don’t you start your own DSA Business and take a small but a giant step towards achieving something meaningful and something more accomplished in your life?

Become a Loan DSA

Become a Loan DSA for your own firm. By working for your own, you have the complete freedom on what you like to work on. There’s always a freedom in how you work, and more importantly you will be rewarded handsomely. The more you work, the more you grow. With the growth, you can have your own small firm, where you can get some employees working under you and thus, you are in the process of establishing your own company. So, what’s the process to become a Loan DSA of your own?

Steps to become a Loan DSA

There are several fintech companies, who are offering to work with the people, really interested in working as DSAs for them. With the best thing, is that since you are not directly hired by them, you are completely independent in the functioning and this is where, a Bank Loan DSA and a Loan DSA of your own differs. With no such restrictions and targets, you are the boss of your own. Thus, taking a step further towards a more genuine opportunity in the field of Loans, a field, which is an ever increasing one as, more and more people are searching for the loans to accomplish their own dreams, give yourself a chance to be your own boss.

Here are the steps to become a Loan DSA:

Make a research on available fintech companies offering an opportunity to become a Loan DSA

Make a shortlist of some of the most genuine and high paying companies

Check their offerings and know all terms and conditions

Visit the relevant section of DSA registration page of the chosen website

Fill in the short application form mentioning all needed details

Complete the process by submitting any documents, if asked

Proceed with the verification link as sent by the website on your email

The process on your part ends here

The company’s representatives will verify all the submitted details

Once verification is done and everything is found correct at their place, you will given access to their DSA Login

Visit the CRM or DSA panel and kick start your work.

Benefits of Becoming a Loan DSA

There are several salient features of Becoming a Loan DSA, which are mentioned below:

Be your own Boss: The Loan DSA Business offers you a chance to be your own boss. The loan DSA offers you with a platform where you can begin your entrepreneurship journey. With the proper vision and mission, you can be an owner of a reputed and well functioning firm dealing in loans and other such aspects.

The flexibility: With this step, you have flexible hours of working. You can work in the time, you like. There’s no limitation in how many hours you work and a complete freedom, you can enjoy your life better

More Money: In your job, you are more of a restricted and your growth depends on various factors. The growth at the same time, is not guaranteed in a short time. But being a Loan DSA of your own, you are offering yourself a genuine chance to the success. The more you work, the more is the progress. The more are the leads, the more is the income. The progress in this case, depends entirely on you. Who knows, you can lay the foundation of a big business within six months. There’s no limit, when it comes to working for self. The more passionate you are, the more is the chance to achieve success.

Business setup at zero cost: The Loan DSA offers a chance to setup a business at zero cost. While, all other business setup requires lots of funding and inputs, there’s nothing required in the case of Loan DSA. But, yes, there’s something important needed to start this venture. That’s the spirit. The needed passion and a perfect eye towards the success and your solid vision towards the goal is all what is needed to setup the business of Loan DSA.

Remuneration and Benefits: May be you sowing and reaping on your own, towards the initial stage, but if you take this step of becoming a Loan DSA, you can surely reap in the benefits later on without sowing. You can hire some good employees and they will be working to accomplish your goals of life. Don’t you deserve to take that risk? Don’t you want your life to be more prosperous and accomplished? Do you always want to work for someone else to meet their goals and offer the person with all the comforts of life?

There’s always a way, which can lead you towards the success path and lead you to achieve everything, which you dream of. With more expansion of your business and more growth, you are entitled to more remuneration and benefits. Initial stages, may be troublesome, but the later stage surely will be a bed of roses. You can be seen relaxing as an owner of your firm and enjoying in your life, while people under you, will be working for you to accomplish all your comforts of life.

No Knowledge: While, for the people who don’t belong to the category of the banking, and have no prior knowledge of the banking sector, can also see themselves as becoming a Loan DSA. With no prior knowledge required, all you need is the will power and needed strong vision and mission to take the thing further. With better network and more penetration in the loan market, you can achieve what others, belonging to this field can’t. All you need is to grab up the leads needed to give you an opportunity to rise in your business. The more are the leads, the more is the business growth and more is the opportunity to expand.

While, the process on how to become a DSA has been explained already in the article above, there are various sections of the professionals, who can opt to this work even on the part time, thus offering them as a part time income.

Professionals who can do wonders in this offering

The various professionals, who belong to various sectors of the work, can really do wonders in this Loan DSA Business. Not only meant for the people involved in the banking sectors, or for the unemployed, the Loan DSA is available to all. And there are various professionals, who can work much better in the field. The list of those is below:

  1. Architects: The architects are the ones who can really do great in the field of Loan DSA field. Since, they are the ones, who consistently remain in touch with the builders and contractors and even with the people who are in need of the buildings and homes for themselves, the chances are that people come across these professionals, who are in need of loans, especially home loans. Thus, acting as a part time business for those professionals, the Loan DSA is a great step to include in their working culture.
  2. Contractors and Builders: Belonging to the same industry ‘Real Estate’ Industry, where they come across hundreds of people every day, looking for the homes and also home loans, in addition, there are contractors and Builders who are already doing this Loan DSA business, and those who are unaware of this, can employ this business along with their mainstream business of construction and buildings.
  3. Digital Marketers: Those who are in the field of Digital Marketing can explore this option with the same effect as others. Since, they are well aware of how to promote the business; they have all he needed skills and talents to capture leads needed for the Loan DSA Business. They can go for the websites of their own and can promote websites to capture leads meant for loans. At the same time, the social media campaign etc can be run to capture direct leads and the best thing, is that even when they are sleeping, their campaigns are working round the clock to capture leads for them. All they need is to forward those leads to the associated Fintech Companies and once the loan is sanctioned, they get their commission.

The plus point when it comes to the Digital Marketers is that, they can capture leads for all sorts of loan requirements, while the architects and contractors are very limited to the housing loans, the digital marketers can do it for personal loans, car loans, house loans and all sorts of loan types.

The Loan DSA offers a great opportunity to the people, who are in need of their own business startup and even lack the resources. Becoming a loan DSA is an easy to follow process, where anyone looking for the startup of their own can really get into to accomplish the goals of their own; either it is luxury or meeting the needs of the family. The Loan DSA offers several reasons for a person to get into considering the wide scope and ever increasing demands of the loans by the people to meet their dreams like purchasing an own home or buy a car, etc.

Become a Loan DSA and offer yourself with an extended opportunity to become an entrepreneur with no investment!

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Author: Poonam Dambare

Poonam Dambare

Member since: Aug 24, 2018
Published articles: 47

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