DSA Payout Structure: What You Need To Know

Have you ever had to apply for a loan through an agent rather than directly with the bank?

Well, to begin with, this is typically not a fraud. In actuality, direct selling agents, also known as DSAs, are the individuals who assist you in obtaining a loan from a bank or an NBFC. A DSA’s responsibility is to locate potential clients for the bank they serve. The DSA payout structure includes more than just possible leads. Listed below are some of the other tasks performed by DSA agents:

  • Obtain the completed loan application and the necessary paperwork from your leads.
  • Perform a first review of the materials and the application.
  • Verify the validity of the submitted documents.
  • Upload these documents along with the application form, along with the applicant’s DSA code so that the application can be linked to them.

Benefits of Working as a Business Correspondent or DSA

  • You can generate extra revenue if you know about the DSA payout structure. The amount you make varies depending on the leads generated by you.
  • You can operate your business with very little expense and danger.
  • Flexible work schedules
  • There is no prerequisite for a college degree.
  • The bank or NBFC typically provides your training.
  • You have the option of getting commission.

Know about eligibility requirements

  • You must be an Indian citizen.
  • You do not need to have a degree in banking or finance.
  • You must be at least 18 years old.
  • You must be completely knowledgeable about the goods you will be offering.


It should be obvious that there is a procedure to follow to know about DSA Partner payout structure in order to become a direct sales representative. It’s simply impossible for someone to sell bank loans the moment they wake up. You will first need to register. Each bank, NBFC, and platform for lending has its own registration procedure. The commonly used steps are:

  • Visit the bank, NBFC, or loan site and submit your application there.
  • You need to provide specific papers and then you can get the loan.
  • After this, a legal team will begin the due diligence process, your documents will be validated, and your credit report and CIBIL score will be checked.
  • A DSA registration agreement with the appropriate stamp duty will be provided to you if the background check turns up with no issues.
  • The agreement must be completed, signed, and submitted.
  • You will receive the DSA code.
  • You can begin submitting loan paperwork as soon as you get the code.

DSAs will search for persons who are looking for a loan to do this. The DSA payout structure loan application procedure is then followed when these leads that are forwarded to the relevant bank or NBFC. In exchange for the DSA payout structure, a reward is given. This payment represents a portion of the type. Lastly, a DSA’s responsibility is to locate potential clients for the bank they serve. DSAs will search for persons who are looking for a loan to do this. The interested party is then informed of these leads.