Personal Loan Agent

Overview

A Personal loan agent is the first point of contact that assists the prospective borrowers to analyze and assess the personal loan they are willing to apply for and guides them throughout the process until the loan is disbursed. While most banks have their own resources to assist these customers, a personal loan agent closely works with a DSA (Direct Selling Agent) and is in a position to provide multiple options to a customer. As and when an enquiry is raised, the agent collects all relevant information from the customer and look for all possible products to offer.

As preferred by the customer, the personal loan agent collects and conveys all the information regarding the documents required for the application and assists in completing the entire process. An agent is the most important link between a personal loan customer and various lenders, and also responsible for bringing out the best deal with the lowest rate of interest. Once they reach an agreement between the lender and the borrower, the agent is responsible for smooth documentation, approval and disbursal. With the help of personal loan agent, a customer gets ease of handling all the administrative formalities and get easy access to funds.

Why Andromeda:

Largest Loan Distributor in India

– With our presence in over 100 cities across the country, we enable you to be a member of a team with over 3000 partners and get the excellent exposure to be a part of the most dynamic industry. Our agents have a privilege of being a part of a team spread across the length and breadth of the country.

More than 15 Lakh satisfied customers

– We have a foot-print all across the nation as our branches are present all over the country, which enables us to get in touch with our customers directly and provide the best solution for them. Over the last 30 years, we have catered loans to over 15,00,000 customers in fulfilling their wishes.

Highest Amount of Loans Disbursed

– At Andromeda, we aspire to bring the best to our customers. Over the last few years, we have helped our customers in availing loans worth over  Rs. 38,462 crore in a single financial year. With more agents coming onboard with us, we aspire to reach multiple milestones together.

Tie-ups with 70+ financial Institutions

– We believe in Unity is diversity. In the last 30 years we have prepared a chain of most reputed lenders in the country as reliable lending partners. At present, we have over 70 lenders as our lending partner to offer the best deals to our customers.

Features & Benefits:

Work as per convenience

The most prominent feature of our Personal loan Agent program is that an agent can work as per their wish and accommodate as many clients as they want at a time. There are no mandatory hours & days of work, if an agent is comfortable to work on weekends they can easily choose to do so.

No limit on monthly earnings

As a personal loan agent, there is no bar on how much an agent can earn in a month or more. As an organization we provide our best resources to all the registered agents, which allow them to provide best deals to their customers. The higher the number of disbursals in a month, higher will be the money earned by the agent.

Get trained from Industry experts

At Andromeda, each and every agent has an advantage of learning from the experts who have more than a decade of experience in the loan industry. These experts conduct various on-job training activities to ensure that our agents are always ahead of their competitors.

Utilize Andromeda’s vast network

Our personal loan agents are not just bound to work from a single location and that they are free to work from any of our 600+ branches spread across the country. This not only increases their scope of work but also allows them to get desired exposure.

BANKS IN OUR NETWORK

State Bank of India HDFC Bank ICICI Bank Indiabulls  PNB Housing Finance Kotak Mahindra Bank Axis Bank HSBC Bank LIC Housing

 

FAQs:

  1. Who is a personal loan agent?

A personal loan agent is the point of contact between a borrower and a registered DSA who is responsible for finding out the best deals on behalf of their customers and bring valuable customers to the lenders via the DSA.

  1. What are the requirements to become a loan agent?

There are no mandatory requirements as long as the individual is a graduate and is enthusiastic about the job role of an agent. However, it is advised that a personal loan agent should be well versed with the on-going industry trends and is aware of the basic process of loan application and approval.

  1. How to find a personal loan agent nearby?

If you are looking for a personal loan agent nearby, it is advised that you get in touch with the nearest Andromeda branch and ask for loan assistance. By doing so, you will not only get the best deals but also the process will be much easier.

  1. What is the significance of a personal loan agent?

A personal loan agent works as a liaison between the borrower and a lender. As a registered loan agent, it is an agent’s responsibility to get the best deal for their customers. In order to get the best offers, an agent has to be in constant touch with prominent lenders.

  1. Why become a personal loan agent?

By becoming a personal loan agent, an individual can be a part of this dynamic industry. As per recent reports, the loan market has seen a significant rise in the past decade and is expected to grow at this pace for the coming years. It is great opportunity for those who would like to make a career in the loan assistance space.