ISERVEPARTNER: DSA Partner App

ISERVEPARTNER App:Start your online & offline Financial Service Business Today - Join the Digital Business Associate/Loan Referral Partner Program & be part of the Digital Finance Revolution of New India!ISERVEPARTNER/ISERVE FINANCIAL: Not directly engaged in money lending activities and only providing a platform to facilitate by registered Non-Banking Financial Companies (NBFCs) or banks to users.ISERVEPARTNER business partner app helps you to start & manage your own Financial Service Business –full or part-time. You can become a digital referral partner & start earning without any investment. You can start your business using this App from anywhere in the country & we help you to serve your customers digitally/offline everywhere in the country. ISERVEPARTNER (ISERVE FINANCIAL PRIVATE LIMITED) is an Official Vendor / Referral Partner for Personal loan / Credit Line Products of the following RBI Approved Bank: IDFC FIRST BANK (idfcfirstbank).Check list of active vendors from below link (In below list find S No.776: ISERVE FINANCIAL PRIVATE LIMITED):https://www.idfcfirstbank.com/content/dam/idfcfirstbank/pdf/ACTIVE-VENDOR-LIST.pdfWho Can Join the Partnership Program✅Freelancers✅Financial consultant✅Loan Agents✅MF Distributors✅Insurance agents✅Share Brokers✅Professionals like CA, CS & others✅Real Estate Agents & Property Developers✅Online Platforms & Web Portals✅Call Centers✅Other Working & Non-Working IndividualsMultiple Financial Institutes & Multiple Products✅Credit Card✅Personal Loan✅Small Business Loan✅Home Loan✅Mortgage Loan✅Car Loan✅Gold Loan✅Credit Report✅Financial Fitness Report (FFR)✅Health Cards✅OthersReferral Partner Model (RP)-An RP can download the App to sign up for partnerships & refer leads for various financial & non-financial products. Earnings will depend on number of verified leads submitted & approval of applications. The entire process from on-boarding to submission of leads to tracking status or payout is completely digitised, transparent & simple.Lead Generation-RPs can generate leads from their natural market, references from friends & families, tale-calling activities, digital & social media marketing, etc. An RP will only be responsible for digitally sharing verified-lead, the rest of the process is to be managed by us.How It Works-✅Download the app✅Complete the Self-on-boarding process✅Select business model- RP✅Start sharing leads as RP✅Earn money✅Grow your businessPayout & Incentives-✅High payout structure✅Transparent & timely payouts✅Yearly bonus & incentives********FEATURES-Personal Loan Highlights✅Loan Amount: ₹30,000 to ₹5,00,000✅Loan Tenure: 3 months to a maximum of 5 years✅Minimum Annual percentage rate (APR): 9.5% annually reducing✅Maximum Annual percentage rate (APR): 34% annually reducing✅Processing Fees 1 to 4% +GSTWe maintain complete transparency, there arent any hidden costsInterest calculation (Representative example)Example:Loan Amount: Rs 5,00,000Tenure: 36 MonthsInterest Rate: 11.25% (on Reducing Principal Balance interest calculation)EMI Amount: Rs 16,429Total Interest Payable: Rs 16,429 x 36 months - Rs 5,00,000 interest = Rs 91,430Processing Fees + Documentation Charges (incl. GST): Rs 3,894Disbursed Loan Amount: Rs 5,00,000 - Rs 3,894 = Rs 4,96106Total Amount Payable: Rs 16,429 x 36 months = Rs 5,91,430✅Depending on the lenders policy a customer can be charged for late payment of EMI, penalty, etc. & the same may vary for different lenders.✅The Idea!The idea of this App is to enable individuals & small players to connect with the mainstream of the industry, help them to digitalis the loan origination to disbursal process, and make them a part of the digital finance revolution of India in the process create employment.