Who is DSA?
DSA stands for Direct Sales Agent. The person known as DSA works as a referral agent. Whether for a bank, NBFC or other financial institution (FI).
A direct selling agent or DSA is a person who works as a referral agent for a bank or NBFC or FI.
In rural areas, DSA’s are referred to as business correspondents.
The work of a DSA involves finding potential clients for the bank he (or she) represents. For this, DSAs will look for people who are looking for a loan. These leads are then referred to the presented bank/NBFC/FI and the loan process gets started.
DSA is the link between the customer and the lender. He is supposed to ensure a basic check is done about the background, right documents are being submitted, as applicable to the guidelines of the loan provider.
The DSA is provided a pay-out for the effort put in. This pay-out is a percentage of the loan amount. And this pay-out is a great way to add to your existing income.
By joining hands with Finbucket.com, you get the liberty to source customers looking for different products, located anywhere in India. With FinBucket, you are able to provide many kinds of Business Loans, easy, quick and hassle-free.
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