Today, Direct Selling Agents (DSAs) have become crucial players in the lending system, with more people increasingly taking up the DSA role as a part-time job due to flexible working hours and substantial commissions. Nowadays, anyone can become a DSA, whether a working professional, self-employed individual, or housewife, earning extra income from this work. Before diving into the advantages, let’s first understand who a DSA partner is, the eligibility criteria, and the roles and responsibilities involved.
Who is a DSA Partner?
A DSA Partner is a professional financial advisor who does not have a direct connection with a bank and thus wants to associate with an established DSA firm like OneNDF for better payouts and to expand their network. Upon registering with a DSA, DSA Partners can also offer financial services to their clients. By joining a DSA and recommending credit products to their consumers for both retail and business loan needs, a DSA partner can earn a respectable income.
A DSA partner serves as the initial point of contact for borrowers who are already in contact with a financial advisor registered as a DSA agent. The partner helps the borrowers understand the loan products that best suit their needs and manages the entire process of applying for and receiving approval for the loan from the bank.
Who is a DSA?
A DSA is an agent who connects potential loan applicants with lenders and ensures a smooth transaction process. DSAs work for banks or financial institutions, helping them reach more potential borrowers. The main job of a DSA is to connect borrowers with lenders and make the loan application process easier. They explain loan products, gather necessary documents, and submit loan applications to the lenders.
DSAs are responsible for conducting verification and due diligence to ensure the documents provided by lenders are authentic and not forged. As representatives of banks and NBFCs, DSAs assist people in their loan application journey.
How to Become a DSA Partner with OneNDF?
Step 1: Visit the OneNDF website.
Step 2: Click on the “Refer and Earn” option. Once you refer a client to OneNDF and that person receives funds in the form of a loan from a bank through OneNDF, you will become a OneNDF partner and earn up to 20% of the loan amount disbursed as an incentive by the fintech platform.
Step 3: Complete the Registration form and submit important documents:
- Aadhaar Card
- PAN Card
- Driving License
- Bank Account Information
Step 4: Sign the Agreement. The company will share an agreement with you, detailing all the terms and conditions applicable for a DSA Partner. Once you sign the contract, you will become an official DSA partner of OneNDF.
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Eligibility Criteria to Become a DSA Partner of OneNDF:
OneNDF does not have stringent criteria for people to join as DSA partners. Individuals from diverse backgrounds can join OneNDF as DSA partners. It doesn’t matter if you are a school pass-out, a student, or a banker; the door is open for you. Even if you are employed elsewhere, you can become OneNDF’s DSA partner by devoting a few hours daily. The only eligibility criteria are that the applicant must be above 18 years of age and an Indian citizen.
Advantages of Becoming a DSA Partner of OneNDF:
- Renowned Name in Fintech: OneNDF is a respected name in the fintech space.
- Credibility and Trust: The company has partnerships with leading banks and NBFCs in India, proving the credibility and trust it enjoys in the credit industry.
- Proven Track Record: The company has a strong history, having disbursed loans amounting to over Rs 3000 crore to over 2000 clients.
- Flexible Working Hours: Enjoy the flexibility of working hours and easy eligibility criteria.
- Unlimited Income Potential: Your earnings depend on your performance.
- Networking Opportunities: Build a strong network of people.
- Growth Prospects: OneNDF is optimistic about achieving 100x growth in 2024, offering bright prospects for partners.
Read More Articles:
Direct Selling Agent Registration Process
What Is DSA, How To Become DSA Loan Agent?
Conclusion
Becoming a DSA partner with OneNDF offers numerous benefits, from flexible working hours to substantial income potential. Understanding the process and the advantages can help you make an informed decision. OneNDF is committed to providing valuable support and resources to help you succeed as a DSA partner.
