Partnering as a Direct Selling Agent (DSA) for personal loans with FirstMoney offers a unique opportunity to join a leading financial services provider. FirstMoney, with its extensive experience and wide network, provides an ideal platform for DSAs to grow their business and earn competitive commissions. By becoming a personal loan partner with FirstMoney, you gain access to a vast portfolio of loan products from over 200 partner banks and Non-Banking Financial Companies (NBFCs), enabling you to serve a diverse client base across more than 4000 cities in India.

FirstMoney values its DSA partners and offers unparalleled support to ensure their success. As a DSA with FirstMoney, you benefit from:
High Commissions: Earn the best payouts in the industry with no cap on referrals and commissions.
Flexibility: Enjoy the freedom to work at your own pace and time, allowing you to balance your current business or occupation.
Wide Reach: Leverage FirstMoney’ partnerships with leading financial institution partners to offer loans in over 4000 cities, catering to a broad customer base.
Comprehensive Support: Receive training and support from FirstMoney’ team of experts to enhance your skills and grow your business.

Anyone over the age of 18, a resident citizen of India, with or without formal educational qualifications, can register as a FirstMoney Loan DSA Partner. This opportunity is open to working professionals, business owners, and anyone with a passion for finance and success.

As a personal loan agent, your primary responsibilities will include identifying potential loan clients, verifying their documents, assisting them in choosing the right finance provider, and ensuring a smooth and quick loan disbursal process.

FirstMoney provides comprehensive support to its DSA partners, access to an efficient and superior support system, and the best commission payouts in the industry. You will also benefit from the flexibility to work from anywhere and the opportunity to be part of a high-potential finance industry.

The specific documents required for registration may vary, but generally, you will need to provide personal identification, address proof, and any relevant financial documents that demonstrate your capability to operate as a DSA.

After completing the online registration process, submitting the required documents, and signing the DSA agreement with FirstMoney, you can start working as a DSA for personal loans almost immediately.

FirstMoney offers a robust system for DSAs to manage and track their leads efficiently. This includes access to a dedicated portal where you can monitor the progress of your leads and manage your commissions.

A personal loan agent acts as a mediator between potential loan seekers and financial institutions. They are responsible for identifying clients, verifying their documents, assisting in the loan application process, and ensuring a hassle-free loan disbursal.

Individuals over the age of 18, residents of India, with a passion for finance, and a desire to earn extra income can become personal loan agents. There are no strict educational requirements, making this opportunity accessible to a wide range of individuals.

Applying to become a personal loan DSA with FirstMoney is a straightforward process. Interested individuals can apply online by filling out the registration form on the FirstMoney website, submitting the necessary documents, and completing the agreement process to start their journey as a DSA partner.

Becoming a loan agent with FirstMoney offers numerous benefits, including competitive commission payouts, flexibility in working hours, access to a wide network of financial products and services, comprehensive support and training, and the opportunity to be part of a growing and lucrative industry.

A Personal Loan DSA (Direct Selling Agent) or Partner is an intermediary who helps borrowers apply for personal loans with banks or financial institutions. DSAs are not employees of the bank or financial institution but work on a commission basis to bring in loan applications and assist borrowers in completing the loan application process. They help in sourcing potential customers, verifying documents, and providing guidance on loan products, but the final decision regarding loan approval rests with the lender.

A Personal Loan DSA (Direct Selling Agent) or Partner earns income through commissions from the bank or financial institution for successful loan applications. The commission is typically a percentage of the loan amount disbursed to the borrower. The DSA does not charge any fees directly to the borrower but instead receives payment from the lender for bringing in loan applications and facilitating the loan approval process.

No there are no upfront fees or costs involved to apply for a DSA agent or partner. You only have to provide mandatory documents and complete the procedure to become an agent by signing the agreement.

Before becoming a Personal Loan DSA (Direct Selling Agent) or Partner the most important thing is to have good knowledge of the product and also consider the regulatory requirements and licensing, develop networking and marketing skills, commit to ethical practices, know the commission structure, be aware of legal and financial liabilities, focus on customer service, familiarize with loan application technology, and assess risks.

No, there is no specific quota associated to enroll as a personal loan Dsa.

Anyone with an interest in financial services and a drive to grow can become a FirstMoney DSA Partner. Whether you're a loan agent, ex-banker, financial analyst, mutual fund agent, chartered accountant, builder, or a professional from any other field, you are welcome to join us. If you're looking to offer a wide range of financial products while earning attractive commissions, FirstMoney is the perfect platform for you.

At FirstMoney, our DSA registration process is designed to be straightforward and hassle-free. The required documents for KYC verification include:
Aadhaar Card
PAN Card
Two passport-size photographs
GST Registration (for companies, if applicable)
Proof of Employment: 3 months' Salary slips if employed; account statements and address proof if running a business; or invoices and financial statements if self-employed.
Bank Account Details: Your bank statement for the last 6 months.
These documents help us ensure a seamless registration process, getting you started on your journey as a Loan DSA Agent in no time.

To become a FirstMoney DSA Partner, you need to meet the following Eligibility Criteria:

Age Requirement: You must be at least 25 years old.
Nationality: You must be a Resident Citizen of India.
Educational Qualifications: No specific educational qualification is required.
Professional Qualifications: Whether you are a working professional or a business owner, you can register as a FirstMoney DSA Agent. Ideal candidates include loan agents, ex-bankers, financial analysts, mutual fund agents, chartered accountants, and builders.
FirstMoney welcomes individuals from diverse professional backgrounds who are looking to expand their income opportunities.

To become a Loan DSA Agent with FirstMoney, follow these simple steps:

Step 1: Visit the FirstMoney website and click on the ‘Become a Partner’ option.
Step 2: Complete the registration form by filling in your details and submitting it.
Step 3: A member of the FirstMoney support team will contact you to guide you through the next steps and arrange a meeting.
Step 4: During the meeting, a FirstMoney Manager will explain the lead generation process and provide you with all the necessary information.
Step 5: Once you understand and are comfortable with the processes, an agreement will be signed between you and FirstMoney. After the agreement is signed and stamped, you will officially become a FirstMoney DSA Agent.
Connect with us today to start your journey as a Loan DSA Agent and unlock the potential to earn attractive commissions while helping customers secure the best financial products!

Becoming a Loan DSA Partner with FirstMoney comes with multiple benefits. You start earning attractive commissions right from your first client. FirstMoney provides on-time payouts, and the more leads you convert, the higher your earnings. As a Loan DSA Agent, you gain access to a wide range of loan products from 300+ top financial institution partners, along with dedicated support, training, and a powerful platform to grow your financial distribution business seamlessly.