Canara Bank DSA Franchise

The Canara Bank DSA Franchise is an excellent business opportunity for individuals and businesses looking to earn commissions by referring loan applicants.

Becoming a Canara Bank DSA is simple, requiring minimal investment and no need for physical office space. This business is ideal for financial advisors, real estate agents, insurance agents, and anyone looking to expand their income by offering loan services.

If you are looking for a flexible and high-income opportunity in the finance sector, joining the Canara Bank Loan Agent program is a great choice. Start your journey today and grow your earnings Now!

What are the Business Requirements for Canara Bank DSA Franchise?

Overall Investment

Rs.31000 - Rs.51000

Commission Range

0.25% - 2.5% of Loan value

Avg. Monthly Profit

Rs.33300 approx

Area in Sq. Ft.

100 - 150 Sq. Ft.

No. of Employees

Minimum 1

Breakeven Time

3 to 6 Month

Payout Time

30 Days

Total DSAs

850+ DSA

Type of DSA

Public Bank

High CIBIL Score

Compulsory

How much is Canara Bank DSA Cost?

DSA Fees (One Time)

Upto Rs.1000

Office Expenses (Monthly)

Rs.30,000 - Rs.50,000 (Optional)

How much is Canara Bank Loan Agent Commission & Referral Bonus?

Home Loan Commission

0.25% - 0.4% of Loan value

Personal Loan Commission

1.2% - 2.25% of Loan value

Auto Loan Commission

1.25% - 1.5% of Loan value

Business Loan Commission

2% - 2.5% of Loan Value

Credit Card

Rs.600 to Rs.1200 per Card

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What are the Expected Earnings from Canara Bank DSA Franchise?

Home Loan Amount (Rs.)

92,00,000

Personal Loan Amount (Rs.)

18,00,000

Credit Card Clients

5

Home Loan Commission (Rs.)

36,800

Personal Loan Commission (Rs.)

40,500

Credit Card Commission (Rs.)

6,000

DSA's Income (Rs.)

83,300

Total Expences (Rs.)

50,000

DSA's Net Profit (Rs.)

33,300

Net Profit Margin

0.303%

Does Canara Bank offer a DSA Dashboard or App?

Web Platform

NA

What is the Eligibility Criteria to Start Canara Bank DSA Franchise?

Age

18+

Nationality

Indian

Academic Qualification

10+, Graduate Preferred

High CIBIL Score

Compulsory

Business Experience

Optional

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What Documents are required to Become a Canara Bank Loan DSA?

DSA Agreement

Compulsory

Identity Proof - Aadhaar

Compulsory

Address Proof - Aadhaar / Rental Agreement

Compulsory

PAN

Compulsory

Passport Size Photo

Compulsory

Bank Account Details

Compulsory

Bank Cancelled Cheque

Compulsory

GST Registration Certificate

Compulsory

Latest ITR or Form16

Compulsory

Customer ratings and reviews of Canara Bank DSA

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