DSA Loan Agent Commission

DSA Loan Agent Commission

Becoming a loan agent is all about searching for new clients and prospects, and explaining to them the same product over and over again, but it is lucrative. Yes, if you are hardworking, have good communication skills, and want to build a network, becoming a DSA loan agent can be one of the great career choices you can make.

This article will give you all the details you want to know about the remunerations, commissions, and other earnings that DSAs receive and factors affecting these commissions, and a lot more details.

DSA Loan Agent Commission in India

In India, the DSAs can earn up to lakhs of commission as there are a lot of opportunities. The usual range of commission for the DSAs range from 0.2% to 2% over different types of loans. It is all about the amount of loan you are selling to the customers.

For instance, if you got a customer who availed Rs. 10 lakhs business loan or personal loan, you can earn up to 1% of the loan amount, which is Rs. 10000.

For earning the loan agent commission in India, all you need to do is to sell as many loans as you can, and also, the amount of the loan matters a lot. The more sales you make/ acquire new clients for the financial company you are working with, the more commissions you can earn.

If you are inclined to make a career in the field of finance and the marketing domain, then becoming a DSA loan agent can be helpful. As a loan DSA, you can sell different products that the company they are associated with has in their product list. From home loans to personal loans, business loans, or any other type of loan that the company offers, you can offer to the client and earn a commission based on the loan amount and type.

As the popularity of loans has been increasing and people nowadays do not think adversely about taking loans, it is becoming better and easier to function for a DSA. The increasing demand for a loan also indicates that you can find more clients and make more commissions.

However, certain factors influence the commission of a DSA agent, which we will discuss in the next segment of the article. When you are joining as a DSA, you need to be aware of these factors to rightly anticipate the commission you are going to make.

Factors That Affect DSA Loan Agent Commission

There are mainly two factors that affect the loan agent commission in India, and they are detailed below –

Type Of loan

The first factor is the type of loan you are selling to the customer. The DSA commission for every type of loan is different. Suppose you are selling a home loan and a business loan. For both, you will get a different rate of commission. The primary reason behind this is the interest that the banks and NBFCs earn on each loan. They earn higher interest on business loans while loan on home loans. Thus, the commission offered on home loans is usually lower than that on business loans.

Amount Of The loan

The second factor is the amount of loan that you have sold to the customer. The rate of commission will be charged on the amount of loan sold to the customers. So, if you sell a loan worth a higher amount, the amount of commission that you can earn will also increase. Some banks/NBFCs increase the percentage of commission when the loan amount is higher. So, in simple terms, this means that if you sell a personal loan worth Rs. 500000 while your colleague sells another personal loan worth Rs. 5000000, you can get a commission up to 1% of Rs 500000, while your colleague may get 2% of Rs. 5000000.

Types Of DSA Loan Agent Commissions

As mentioned above, the type of loan affects the rate of the DSA loan agent's commission. If you are joining any bank or NBFCs as an agent, then you need to know that the type of DSA loan agents is decided as per the type of loan they sell. Usually, in India, there are four categories of DSAs, and these are categorized as per the rate of commission they get. All the rates mentioned here are average commission rates.

Home loan DSAs

The home loan DSAs usually get around 0.2% as commission which is the average rate of commission for this segment. Usually, if the home price/ value goes above Rs. 1 crore, the rate of the commission also goes up.

Business And Personal loans

The next is business loans and personal loans, where the DSAs get almost the same rate of commission. The average rate of commission is around 1% for any loan amount up to Rs. 10 lakhs. Above that, the rate can go up to 3% as well.

Car And Gold loans

DSAs can earn up to 0.2% to 0.3% commission if they sell car loans and gold loans. In this case, too, the rate increases if the loan amount goes above Rs. 1 crore.

Loan Against Property

The next in line is a loan against property, in which the rate of commission of the DSAs is usually 0.3%, while the rate of commission can go up to 0.5% if the loan value is above 1 crore.

Choice Connect DSA Commission

Some of the best commission rates offered to the DSAs in India are by the top banks and financial organisations like Choice Connect. Here you can find different loans to offer to clients, and you can earn more than average commission rates. The commission offered by Choice Connect also varies as per the type of loan you are selling and the amount of the loan.

How To Apply For DSA Registration Online?

The DSA registration online is quite a simple process. All you need to do is visit the website of organisation, enter your details, make the payment, and upload documents. Once the verification process is complete, you will receive the DSA registration agreement. Fill out the agreement, submit and wait for your DSA code to be live.

After you have the DSA code, you can start selling loans to clients, and after the bank or the NBFC disburse the loan, the commission amount gets credited to your bank account.


As a loan DSA, you can earn unlimited commission as there is no capping on the amount earned. As the number of your clients goes up, the commission amount you earn will also go up.

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