Become a DSA Loan Partner
As a DSA (Direct Selling Agent) Loan Partner with OKPaisa, you play a crucial role in the financial sector, bridging the gap between leading banks, NBFCs, and potential borrowers. Our platform offers a seamless and rewarding opportunity to earn by connecting individuals and businesses with the right financial products. Whether you’re a seasoned finance professional or new to the industry, our comprehensive registration process ensures you can start quickly and efficiently.
What is a DSA Loan?
A DSA loan refers to a financial product facilitated through Direct Selling Agents. DSAs are authorized representatives who help individuals secure loans from banks and NBFCs by providing guidance and processing applications. As a DSA Loan Partner with OKPaisa, you will assist customers in selecting the most suitable loan options, ensuring a smooth borrowing experience.
Why Join OKPaisa as a DSA Partner?
We offer multiple loan options, including Home Loans, Personal Loans, Business Loans, Loan Against Property, and Car Loans.
Our commission structure is designed to provide competitive payouts for our partners.
From onboarding to loan disbursement, OKPaisa offers full assistance.
We are partnered with major banks and NBFCs, ensuring credibility and trust.
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Home Loan 0.25% to 1% of loan amount
Commissions are based on the total loan amount.
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Personal Loan 1% to 4% of loan amount
Higher commissions due to the unsecured nature of personal loans.
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Business Loan 0.5% to 2% of loan amount
Medium commissions due to the high volumes.
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LAP 0.5% to 1.5% of loan amount
Less commission due to lower processing fees.
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Car Loan 1% to 3% of loan amount
Highly Volatile, high commissions.
[DSA Agents]
Commission Structure
Process
Documents Required
We’ve streamlined the documentation process to make it as efficient as possible. Here’s what you’ll need:
Identity Proof:
Aadhaar card, PAN card, Passport, or Voter ID.
Address Proof:
Utility bill, Aadhaar card, Passport, or Driving license.
Educational Qualification:
Last degree Certificate(s) and Professional Experience Certificates (if applicable).
Bank Account Proof:
Canceled cheque or bank statement.
KYC Compliance:
Complete your KYC process if not done earlier.
How to Register
Becoming a DSA Partner with OKPaisa is simple and hassle-free. Follow these steps:
Visit Our Registration Portal:
Sign up on our website and fill in your details.
Complete the Online Application:
Provide your personal and professional information.
Submit Required Documents:
Upload scanned copies of necessary documents for verification.
Approval Process:
Our team will review your application and complete the due diligence.
Get Your DSA Code:
Upon approval, you will receive a unique DSA code to start your journey as a OKPaisa partner.
Eligibility Criteria
To qualify as a DSA Loan Partner, you must meet the following requirements:
- Minimum Age - Legally allowed to work and age should be 18 years or above.
- Educational Qualification - High school diploma or equivalent preferred.
- Work Experience - Prior experience in sales or finance is beneficial but not mandatory.
- Legal Compliance – - Should have a clean legal record and be eligible to work in the financial sector.
Start Your Journey with OKPaisa Today!
Join OKPaisa as a DSA Loan Partner and unlock a world of opportunities in the financial sector. With high earnings, end-to-end support, and exclusive partnerships, we ensure a seamless and rewarding experience for our partners.
For further details, reach out to our team at partner@OKPaisa.in or register on our website today!
Partner with Us
Feel free to share your Investment goals with us. We ensure confidentiality and keep it secret.
FAQs on DSA Partner Registration?
A Direct Selling Agent (DSA) is an individual or entity authorized by financial institutions such as banks and NBFCs to source loan applicants. DSAs act as intermediaries, helping potential borrowers find suitable loan products and assisting them in the application process.
To become a DSA with OKPaisa, you must:
- Be at least 18 years old
- Have a minimum high school education
- Have no criminal record
- Prior experience in finance or sales is beneficial but not mandatory
Yes, you can partner with multiple banks and NBFCs. However, each partnership will have its own registration process, guidelines, and contractual terms that you must comply with.
Although there are no strict educational requirements, certain skills can boost your success as a DSA:
- Persuasive communication to engage with customers effectively
- Basic financial knowledge to explain loan products clearly
- Sales and networking skills to generate leads and close deals
- Attention to detail for handling documentation and compliance
DSAs generate business by identifying and referring potential borrowers to financial institutions. They help in lead generation, document collection, and initial loan processing, ensuring a smooth experience for both the borrower and the lender.
Earnings depend on:
- The type of loan (e.g., personal loan, home loan, business loan)
- The loan amount
- The financial institution’s commission structure
Typically, DSAs earn a percentage of the loan amount or a fixed fee per successful referral.
The commission varies by loan type:
- Home Loans: 0.25% – 1% of the loan amount
- Personal Loans: 1% – 4% of the loan amount
- Business Loans: Varies based on the financial institution’s terms
- Credit Cards: Fixed payout per approved application
- Insurance Products: 15% – 25% of the first-year premium
DSAs can facilitate:
- Personal Loans
- Home Loans
- Business Loans
- Loan Against Property
- Car Loans
- Credit Cards
- Insurance & Investment Products
DSAs must adhere to strict guidelines, including:
- Regular compliance training on industry regulations
- Performing due diligence before submitting applications
- Maintaining transparent communication with clients
- Following ethical marketing practices to prevent misrepresentation
The registration process is simple and digital:
- Visit the registration portal and fill out the application form.
- Submit necessary documents (see next question).
- Await verification and approval.
- Receive your unique DSA code and start referring clients.
To complete your registration, you need:
- Identity Proof (Aadhaar Card, PAN Card, Passport)
- Address Proof (Utility bill, Rent Agreement, etc.)
- Educational Certificates
- Bank Account Details for commission payouts
- Passport-size photographs
Once you submit your application and documents, it usually takes 2-5 working days for verification and approval.
Yes, you can work as a DSA on a full-time or part-time basis depending on your availability and interest.
No, becoming a DSA with OKPaisa does not require any investment. Registration is completely free.
OKPaisa has direct tie-ups with multiple banks and NBFCs, allowing us to offer higher-than-market commissions to our partners. Our transparent payout structure ensures you receive earnings without delays.
You can contact our support team via email at partner@OKPaisa.in or call our helpline for assistance.