The eligibility criteria to become a DSA

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A DSA (Direct Selling Agent) is a person who works as an agent for a bank or non-banking financial company. The job of a Direct Sales Agent (DSA) is to find as many potential customers for the bank they represent. A DSA Partner helps in the process of personal loan or home loans. The main source of income for DSA is through commission. Direct Selling Agent or DSA, is another name given to loan agents. The main purpose of these loan agents is to link the customers with the organization they are working with and help them through the entire process. The commission varies from 0.60% to 1% depending on the amount of the loan. To become a DSA loan agent no educational requirements are not required. Anyone may become a DSA loan agent in spite of their school or work background. There are no fixed rules set up. There are various eligibility criteria to become a DSA agent. There is various set of rules for how to become a DSA of bank–

Here are the criteria to be fulfilled to become a DSA agent:

You need not be salaried person, anon-salaried person can apply to be come a DSA of a bank.
To become a DSA agent you must be a citizen of India.
You do not need any Qualification degree in Finance or Banking.
You must be of legal age in Indi i.e. 18 yrs and above.
You must have proper knowledge of the products you will be selling.
Your CIBL or Credit Score must benign.
You need to know basic information about the subject.

Here are the documents required to become a DSA of bank:

Identity proof such as Aadhar Card, Pan Card, Voter
Address Proof such as electricity bill, rent agree mantic.
Details of your bank. (6 Months bank statement)
Income tax returns
Educational qualification certificate. (School and college)
Company’s registration details if you are applying to a
GST number if applicable
Two passport size pictures of the individual who is applying.

In case you’re wondering who can and how to become a DSA of bank you must be a citizen of India. A Loan Agent is a person who works for a bank, credit unions, mortgage companies and independent leaders to apply for loans. The average range of commission for the DSA range from 0.2% to 2% over different types of loan. It is all about the amount of loan you are

willing to sell to the customers. These are the basic criteria to be fulfilled in order to become a DSA of bank. A DSA’s responsibility is to unite new clients for the financial institution they serve. DSA will search for individuals who are looking for a loan to

do this. Both banks and customers benefited from a DSA agent. Being a DSA your main job is to assist potential customers in locating funds as a DSA loan agent. However, the DSA Loan agent greatly benefits the customers in filling up the documents and applying for the loan. These are the eligibility criteria on how to become a DSA of bank.