Why Trust Loanbaba and Become its Referral Partner?
- We cater to hundreds of customers’ every day and thus have best conversion rates in the market. Loanbaba not only offers the best satisfaction to its customer but also highest incentives to its referral partners.
- Loanbaba is one of the fastest growing loans marketplaces and we instill confidence in people to take the right financial decisions by allowing them to access different types of loans suited for their needs.
- Our website has a wide range of financial products that match the requirements of borrowers, who get the opportunity to access almost all the leading banks and NBFCs in India for any of loan they want.
What Are the Benefits of Becoming Loanbaba Referral Partner?
- Referral partners at Loanbaba earn the highest commission on loan disbursed to their referred customers.
- Rest your worries; the referrals will never lose their trust in you as we have a team of professional loan advisors who assist the customers at every step.
- Our platform offers popular loan products under one-place. Loans one can apply for are personals loans, business loans, gold loans, loan against property, home loans, and education loans, besides others.
- We ease up the loan application and documents submission by processing both these steps online.
- Online system to refer and track the leads.
- You can promote yourself as a Loanbaba Partner.
- Enjoy monthly payment of the commission to your bank account.
How Can You Become a Loanbaba Referral Partner?
- Register as a Business Associate at our website.
- You need to provide few details such as your name, contact details etc.
- You can upload a soft copy of your ID proof and address online while registering with us.
- We will quickly verify the details and get back to you about your Referral Partner approval status.
Who Can Register as a Loanbaba Referral Partner?
To be eligible, the individual should be a resident India of minimum 18 years of age and able to furnish valid address proof and PAN.
- Financial Advisors
- Professionals such as lawyers, CS’s, CA’s
- Real estate agents, advisors, brokers etc.
- Wealth managers, mutual fund agents, and insurance agents
- Others who can refer
What Happens to the Leads You Refer?
- Every eligible and non-duplicate lead is assigned to our skilled loan officer at Loanbaba.
- The loan officer then discusses the loan requirement with the lead and based on his/her needs, the loan officer runs a computerized algorithm to verify and check policies of different banks and NBFCs.
- The loan officer then suggests the best options available to the client. Our officer will coordinate with the respective financial institution and the client to complete the loan application.
- The customer will be serviced at his/her doorstep by the bank partner or our agent, or online.
- Every lead can be tracked on Loanbaba CRM and you can view the live status of the leads at the Loanbaba partner login section.
What Commission Will You Earn By Referring Leads?
You will receive referral commission or fee from Loanbaba for every disbursed loan that is disbursed against your provided lead, according to the incentive percentage quoted to you, from time to time.
What Are the Terms and Conditions?
- The commission is paid on disbursed loans for only the disbursed amount.
- No commission is paid for any ineligible and duplicate leads.
- All commission or fee paid out is subject to tax deduction at source.
- The commission is paid within 60 days of the month’s end in which the loan has been disbursed.
- No other expenses or fee are payable.
- The commissions will be inclusive of GST.
What are the Lead Eligibility Criteria?
- Business should have a yearly turnover greater than Rs 50 lac
- The business should be in existence for atleast 2 years
- Necessary documentation for business registration should be available
For any queries and help, you can contact us at customersupport@loanbaba.com or call us right away at our toll-free number 18001038024.
Disclaimer
Information provided is indicative and gathered from public sources. Credit is at sole discretion of the lender, and subject to eligibility check, credit appraisal, terms, charges, and rates. Loanbaba is an independent professional service provider and not related to any governmental bodies or regulators and credit information bureau. Any details carried our website should not be construed as a solicitation or offer or borrow to lend or borrow. By submitting query or utilizing any calculators or tools, you authorize Loanbaba to share your details lender/s, and consent that this lender/s can access your detailed report and contact you for your query, superseding the fact that your number being a part of National Do Not Call Registry. We do not undertake any liability for accuracy or correctness of information, calculations, and the content. Information given can change without notice. This is a free-of-charge and the borrowers do not have to pay any charges to Loanbaba. We may receive remuneration from the lenders for facilities and services provided to them.
