Loan agent in Kolkata:

Who is a loan agent?  A loan agent is a person or a company that arrange a loan for a customer from Bank and NBFCs. They don’t provide a loan from themself. They always arrange a loan from the credit institution.

Loan agency: Business of loan agent is called loan agency. The loan agency business became popular in Kolkata. Because this is a low investment and low-risk business. There are high-income opportunities. There are lots of people who work as individual loan agent in Kolkata. Low job opportunity in Kolkata is also an important reason for loan agency business popularity.

DSA:

The full form of DSA is direct sale Agent. “DSA” is the actual term that is called by Banks and NBFC instead of a loan agent. Most of the Banks and NBFCs provide DSA code for sales loans. Earlier, private banks and NBFC used to provide DSA. Now a day PSU Bank provides DSA also.

What DSA do?

DSA generates leads who will take a loan from Banks and NBFCs. DSA has to provide those leads only which match banks product and policy. Moreover, DSA has to complete a loan application form, ready all the required documents for the loan. Verify all the documents collected from the customer. DSA gets a payout of this job from banks and NBFCs. The payout depends on the loan amount, loan types, and the number of customers. The payout structure differs from bank to bank.

Corporate DSA:

Banks and NBFCs provide corporate DSA to those companies whose manpower is huge and lead generation capacity is high. Sometimes, corporate DSA should have an office in multiple cities. The job responsibility of corporate DSA is the same as DSA. But they get better payout than DSA.

Connector, Referrer, and Chanel Partner:

Connector, referrer, channel partner all our loan agent. Some Banks and NBFCs called their loan marketing agents in those names.

Usually, connection or referrer is individual person. Who does not has a proper business set up. And less organized than DSA. They get less payout than DSA generally.

Loan Consultant:

Very few banks called their loan marketing agent as a loan consultant. In most cases, a loan agent or a loan DSA introduced themselves as a loan consultant. A loan consultant must have good knowledge and experience in this field. He should have knowledge of income tax, GST, different types of loan products, and credit policy of the bank and NBFCs. In the case of a mortgage loan, he must know about property related laws and orders.

Loan Broker:

Banks and NBFCs would like to provide loan DSA to a Tax consultant, GST consultants, chartered accountant, company secretary, and people who have past experience in the banking sector and finance sector job. People having good marketing experience in finance-related other sectors; they get DSA from Bank also.

Apart from those people, there are lots of people work as loan agents in Kolkata. They are called loan brokers generally. They are not authorized by any bank and NBFC. Therefore they charge anything from the customer they want. They charge 2% to 10% of the loan amount from their customer.

An authorized DSA take consultancy fee from their customer 1% to 2% of the loan amount. Even they don’t take any consultancy fee from their all customers as they get a payout from the bank. If a customer’s profile is good and all documents are ready to get the loan then they may not take any service charge from the customer.

Fraught Star or Cheater:

There are few people in Kolkata who called themselves “loan agent” or loan DSA. They collect money from a loan seeker and finally don’t arrange the loan. Some people are so smart among them who arrange false loan processes and collect huge money from the customer. This fraught star targets those people who need loans badly. They convince a customer that their loan process is easy and they want minimum documents. Their loan interest rate is lowest in the market.

There are few insurance brokers who sale insurance providing assurance of loan. After that, they don’t do a loan.

How to choose Loan DSA?

When you chose a loan agent or loan DSA you must check few things-

• Is loan DSA authorized DSA or not?
• Know about the DSA office or home.
• When you process loans tries to visit banks or credit institutions with DSA.
• Authorized DSA doesn’t take a high service charge or consultancy fee. They take 1% to 2 % of the loan amount generally. If your all documents are ready they may not charge anything as they get the payout from the bank.
• Authorized DSA always asks all the required documents for the loan.
• Authorized DSA may ready or prepare your few documents but they don’t make any false documents.

We are authorized DSA of following Banks and NBFCs:

1. Bank of Baroda, 2. Axis Bank, 3. Ujjivan Small Finance Bank etc.

#### Interested people can contact us for a loan or apply for a loan to click the below button.

Read also-

• Loan Consultant in Kolkata
• CIBIL Score repair agency in Kolkata
• Why should you choose Naskar Finacail Services as your loan cosultant ?

We authorized DSA of following Banks and NBFCs:

This slideshow requires JavaScript.