Do you suffer from the constant delays of your customer’s loan approval? Do you seek a simple and fast way to process your customer’s personal loan? By partnering with a Personal Loan DSA (Direct Selling Agent), funds can be availed quickly at the right time.
This blog will explore how working with a personal loan DSA can fast-track your loan approval process.
Who is a Personal Loan DSA?
Personal Loan DSA (Direct Selling Agent) is an individual or entity who is appointed by a Banks/NBFC or financial institution to advertise and sell the personal loans. DSAs are essentially intermediaries between borrowers and lenders. They help prospective loan borrowers understand different types of loans, complete the application process and submit the loan application, while earning a commission on the disbursed loan amount from the bank for every successful referral they provide.
How a Personal Loan DSA Can Help You Get Instant Loan Approval?
Let’s understand how working with a personal loan DSA can help you get your loan approved more quickly:
- Streamlined Application Process
A Personal Loan DSA can help you avail your loan sooner majorly because they offer you the convenience of an application process that is easy and hassle-free. DSA agents are professionals, and know everything about the loan documentation and eligibility criteria. They usually help you collect all the papers required before filling the application to ensure a hassle-free submission with minimum chances of rejections due to lack of information or errors.
- Multiple Lender Options
DSAs have relationships with many banks and NBFCs so that you can get a loan in more than one place. They assist you in comparing interest rates, loan tenures, and loan amounts to determine the best one for you. Moreover, the loan DSA agent can direct you to the most suitable lenders who may process your application faster.
- Expert Guidance and Consultation
When you apply for a personal loan DSA, you get expert assistance. DSAs are well aware about lender’s requirement and approval criteria. They will guide you to present your application attractively to approve it quickly. Also they can provide ideas to increase your credit score which will further boost your loan eligibility.
- Digital Loan Processing
Many DSAs, like Ruloans, use digital loan processing platforms like Ruconnect App, India’s first B2B Loan Distribution Channel Partner App that considerably reduces the time taken for their customer’s loan approval. This app facilitates faster documentation submission, easy onboarding, loan eligibility checks, and loan application status checks of your customers with minimum manual intervention. With the entire process managed digitally, the approval is faster making it possible for you to disburse your customer’s loan quicker.
- Personalized Service
A Personal Loan DSA gives you a personalized service based on your financial requirements. They do not have impersonal customer service like traditional lenders. DSA will follow up on your application, ensure everything goes smoothly, and keep you informed at every step. This reduce the approval time drastically and disbursal happens very fast.
Final Words!
If you’re looking to fast-track loan approvals and build a successful career as a personal loan DSA, Ruloans is here. We provide our personal loan DSAs with India’s first B2B Loan Distribution Channel Partner App, Ruconnect App all over india network and ontime commission payout.
Become our partner by being a personal loan DSA with Ruloans, India’s Leading Loan Distributor and embark on the path to a fulfilling and lucrative career!
