As a DSA Referral Partner, you can help customers obtain finance for their old vehicles, guide them through the application process, and earn commissions on successful disbursements of loans.
What is the Bajaj Finserv Partner Programme for Used Car Loans?
The Bajaj Finserv Partner Programme is designed to offer customers suitable used car loans as well as allow individuals to earn commissions as referral partners. Your role, as a used car finance DSA, is to bring in potential customers, assist them in selecting the most suitable loan, and facilitate their loan application smoothly. You are rewarded with payouts on the basis of the number of successfully disbursed loans.
Roles and Responsibilities of a Used Car Finance DSA
Prospecting for Leads
Your task is to scout for people wanting to buy used cars and finance. Through networking, websites, or word-of-mouth, you facilitate their reaching out to the loan options with Bajaj Finserv.
Providing Loan Guidance
Most of the clients are unaware of the types of loans offered. As a used car finance DSA, you make them aware of Bajaj Finserv's offers and help select an appropriate loan based on their affordability and eligibility.
Assistance in Loan Application Process
You have a significant role to play in ensuring the application process is smooth by collecting the documents needed, verifying eligibility, and uploading details on the Bajaj Finserv Partner portal. This facilitates quicker approval and precision.
Sending Loan Cases for Approval
You send the completed application for approval after it is filled. The sales team at Bajaj Finserv checks the case, sanctions the loan, and pays the amount to the customer.
Why Become a Used Car Finance DSA?
Competitive Earnings
One of the most significant benefits of being a used car finance DSA with Bajaj Finserv is the competitive commission plan.
For every customer you refer and whose loan gets disbursed, you get a commission depending on the loan amount.
The more customers you bring in, the higher your earnings. This makes it a great opportunity for individuals looking for a steady income source with no upfront investment.
Flexible Repayment and High Loan Amounts
Customers prefer to take a loan if they get flexible and high-value finance.
Bajaj Finserv provides loans up to 115% of the vehicle value, and thus customers can even finance other expenses such as insurance and registration. Customers have the flexibility of repayment tenure of up to 72 months, and thus customers can opt for EMI schemes that are suitable for their pockets.
Such lender-friendly terms of loans maximize the potential for successful referrals to the benefit of DSAs by increasing their revenues.
Less Documentation & Quick Processing
One of the benefits of Bajaj Finserv's used car loan scheme is that it is very fast and hassle-free.
Customers need not attend to cumbersome paperwork - just simple documents like KYC proof, PAN card, and proof of employment (if required) are sufficient.
After the loan application is made, the money is usually released within 48 hours. This quick process allows DSAs to turn leads into successful loan applications more easily.
No Prior Experience Required
Unlike most other money-making pursuits, no sales or banking background is required to be a used car finance DSA.
As an entrepreneur, working professional, or even a student, you can be trained as a DSA and start earning. Bajaj Finserv trains and guides you through introducing their loan products, application process, and acquiring customers.
This makes it the perfect chance for those who wish to begin a business or generate additional income with minimal learning curve.
How to Register as a Bajaj Finserv DSA Partner
Step 1: Sign Up Online
Visit the Bajaj Finserv Partner portal and complete the registration form with your personal and business details.
Step 2: Upload Documents
Send required documents, including identity proof, address proof, and bank details, to complete your enrollment.
Step 3: E-Sign Agreement
Read and digitally sign the agreement to make your designation as a used car finance DSA official.
Step 4: Get Trained
Once you are onboarded, you will be trained on Bajaj Finserv's loan products, procedures, and best practices for customer acquisition.
Step 5: Start Referring Customers
Once you have finished your training, you can start acquiring customers, helping with loan applications, and receiving payouts on successfully disbursed loans.
Conclusion
Becoming a used car finance DSA with Bajaj Finserv is a profitable opportunity that enables you to earn while enabling customers to take car loans at reasonable rates.
If you are in search of a low-investment business opportunity with high growth rates, this partner programme may be the ideal solution.
Visit our website - https://partners.bajajfinserv.in/
