As a Direct Selling Agent (DSA) for loans, you can earn good commissions in the finance space. If you want to join this space, understanding the DSA Registration Process is a must.
Here’s a step-by-step guide to the DSA loan agent registration process with Ruloans.
What does a DSA Loan Agents do?
As a DSA, you will be an intermediary between the borrower and the lender. Your responsibilities will include sourcing loan applications, verifying borrower details, and ensuring all documents are in order. With Ruloans, you benefit from our vast partner network, which includes top private banks, PSU banks, and NBFCs.
Step-by-Step Guide to the DSA Loan Registration Process
Registering as a DSA Loan Agent with Ruloans is a straightforward process. Follow these simple steps to the DSA Registration process:
Step 1: Apply
Visit the Ruloans website and navigate to the ‘Become Partner’ section. Please fill out the DSA Loan registration form with your details and submit it along with the required documents.
You must register with your phone number, a soft copy of your PAN card, Aadhaar, passport, voter ID, etc., and two passport-size photographs for individuals or GST for firms at the time of registration.
Step 2. Verification Process
After you complete the registration form and submit your documents, our team will check the information. This process enhances the accuracy of all the details and the client’s compliance with the legal requirements needed for Ruloans to award DSA loan agency.
Step 3: Expect a Call
Once your application is submitted, the Ruloans support team will contact you to guide you and coordinate a meeting.
Step 4: Meet
In the meeting, a manager will explain everything you need to know, including the process for generating leads for Home Loan Agents, Business Loan DSAs, Credit Card DSAs, Mutual Funds, Insurance, and other loan products.
Step 5: Sign the DSA Loan Registration Agreement
After understanding the process, you will sign a DSA Loan Agent Agreement.
Step 6: Comprehensive Training Program
Upon DSA Loan Registration, Ruloans provides rigorous training covering:
- Loan Types: Knowledge of different loans, rates of interest, requirements for qualifying, and repayment schedules.
- Communication Skills: Improving on sales performance an effective communication strategy.
- Customer Relationship Building: Measures that can be applied for the creation of confidence and dependability with loan recipients.
- Regulatory Compliance: Being acquainted with the norms of the RBI and a financial institution.
Step 7: DSA Agent Code
DSA codes are unique IDs assigned to agents for tracking loan applications and commission statements (Payouts) by Ruloans.
Who Can Become a DSA Loan Agent with Ruloans?
Anyone from various fields can be a DSA Loan Agent with Ruloans:
- Professionals: Ex-bankers, financial analysts, mutual fund agents, chartered accountants.
- Business Owners: Builders and other business owners looking to expand their financial services.
Eligibility Criteria to Become a DSA Loan Registration
To qualify as a DSA Loan agent with Ruloans:
- Age: You must be over 25 years old.
- Nationality: Indian citizenship is required.
- Educational Qualifications: No specific educational requirements.
- Professional Qualifications: Open to working professionals and business owners.
Streamlined DSA Loan Registration Process
Ruloans makes the DSA Registration process easy and quick. You can register through the Ruconnect App, India’s first B2B Loan Distribution Channel Partner App exclusively for DSAs. The app simplifies the KYC process and document submission, making it hassle-free and fast.
Benefits of Becoming a DSA Agent with Ruloans
Choosing Ruloans as your DSA partner comes with several benefits:
- Attractive Commissions: Earn commissions on loan amount disbursed.
- Large Network: Benefit from Ruloans’ tie-ups with 265+ private banks, PSU banks, NBFCs and other financial companies.
- Multiple Products: Offer your clients as many loans, mutual funds and insurance as possible.
- Continuous Support: Ongoing support and training to enhance your skills.
- User-Friendly App: The Ruconnect App makes managing your DSA activities easy and smooth.
- Flexible Working Hours: You can work at your own pace and grow your business at your own pace.
Final Words!
Join Ruloans as a Loan DSA Agent; it is a great opportunity. Our Simple and Quick DSA registration process and comprehensive training and support will equip you with everything you need to succeed. Download the Ruconnect App and register as a DSA Loan with Ruloans today. Be a part of India’s largest loan distribution network and start your career in financial services.
If you are wondering how to register as a DSA Loan agent, apply for a DSA with Ruloans, India’s leading Loan Advisor. The options are endless, and you can specialize as a Housing Loan Agent, personal loan DSA, business loan DSA, or other financial products.
Become a Loan DSA Agent with Ruloans today and enjoy the benefits of being part of India’s leading loan distribution company!
