Are you looking to start a career in the finance industry with zero investment and high earning potential? Becoming an Education Loan DSA (Direct Selling Agent) could be your perfect opportunity. As an education loan agent, you play a vital role in helping students and parents connect with top banks and NBFCs to get hassle-free education loans.
At Ruloans, India’s leading loan distribution company, we offer a seamless path to become a successful Education Loan DSA Partner with access to 300+ private and public sector banks, NBFCs, and financial institutions. Here’s your complete guide on how to get started.
Who is an Education Loan DSA?
An Education Loan DSA is an individual or agency authorized to source and refer potential student loan applicants to banks and financial institutions. As a Loan DSA Partner, you act as a bridge between aspiring students and the banks offering education loans.
You don’t need to be a financial expert to begin. All you need is a passion for helping students fulfill their academic dreams and a basic understanding of the loan process. Education loan agents have the flexibility to work independently, build a clientele, and earn high commissions with minimal effort.
Step-by-Step Guide: How to Become an Education Loan DSA Partner with Top Banks
Becoming an Education Loan DSA with Ruloans is simple, fast, and entirely digital. Follow these easy steps to get started:
Step 1: Download the Ruconnect App
To begin your journey, download the Ruconnect App—India’s first B2B Loan Distribution Channel Partner App by Ruloans from the Google Play Store. Available on Android and iOS, this app is your one-stop solution to register, track, and manage your leads and applications.
Step 2: Complete Online Registration
Sign up as an Education Loan DSA Partner by entering your basic details such as mobile number, name, contact information, and location. The entire process is 100% online and takes just a few minutes.
Step 3: Upload Your KYC Documents
Submit your PAN card, Aadhaar card, and a cancelled cheque for bank verification. These documents are necessary for identity confirmation and processing payouts.
Step 4: Get Verified and Onboarded
Once your documents are submitted, our team verifies them and completes your onboarding. You will receive access to your DSA dashboard on the Ruconnect App.
Step 5: Start Sourcing Leads
Utilize your network to identify students and parents who are actively seeking education loans. Share Ruloans’ wide range of loan options with them and collect the necessary details and documents.
Step 6: Submit Applications via Ruconnect
Upload loan application details and supporting documents directly on the app. The Ruconnect App allows you to track real-time updates on your application status.
Step 7: Get Loans Disbursed
Once the bank processes and approves the application, the education loan is disbursed to the borrower’s account.
Step 8: Receive Your Commission
After the loan disbursement, you receive your payout according to Ruloans’ attractive and transparent commission structure. Track all your earnings directly within the app itself.
Who Can Become an Education Loan DSA?
Almost anyone with strong communication skills and a decent network can become an Education Loan DSA or bank loan agent. Here are some ideal profiles:
- Loan Agent
- Ex-Banker
- Chartered Accountant (C.A.)
- Mutual Fund Agent
- Builder or Developer
- Insurance Agent
- Financial Consultant
Final Words!
With the rising cost of education, the demand for student loans is growing rapidly. As a Ruloans Education Loan DSA Partner, you not only help students achieve their academic goals but also build a profitable business for yourself.
Ready to get started?
👉 Download the Ruconnect App and register as an education loan agent today with Ruloans—India’s leading loan distributor.
