What is the full form of DSA? In this article we will tell you what is the full form of DSA, what is its function and with that we will talk about whether he is really an employee of that bank or institution. So let's start this article todayDSA Full Form : DSA has a full form - Direct Selling Agent DSA has full form in Hindi - direct selling agent DSA Functions The DSA's job is to find potential customers for the bank they represent. To do this, DSAs will look for those who are in the market for loans. These leads are then directed to the respective bank or NBFC and the lending process is carried forward. For the effort put in by the DSA, a payment is provided. This payment is the type of loan and a percentage of the loan amount. And this payment is a great way to earn a little extra cash. In rural areas, DSAs are known as business correspondents. A large number of customers are brought to banks through the DSA channel. These customers are given personal loans, credit cards and consumer credit. It forms a major part of the retail assets of banks. This system has been in operation for more than a decade. It has a special contribution in the banks' retail loan book. Direct selling agent (DSA) agreement is a legal agreement entered into between a business and an agent is authorized to sell / distribute the product of a business on its behalf. The Direct Selling Agent Agreement writes about the terms and details of the agreement between the business and the agent, such as liability, scope, intellectual property use, commission, return policy, and more. In any finance institution, the functions and roles of a DSA are similar to those of the bank itself, although there are also special requirements for a particular bank, so the DSA agreement must be well read before filing into the Act.
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.