Do you have anything better than making money online? Wouldn’t you like to see money creeping into your bank account? The chances of it happening are high. With the increase in Internet penetration, there is always a possibility to earn money from home without investment. It means having a second income is no more a pipe dream.
Earning extra money can help realize your dreams. You will be able to live a life on your terms because of the freedom a second income provides. Most financial institutions, especially banks, depend on customers to get new clients through recommendations. A refer and earn money app facilitates anyone to make money online through social media and word-of-mouth marketing. You can find several banks that use online referral apps to strengthen customer loyalty, building a strong network of customers.
With a referral program, banks help anyone use this earn from home India opportunity to have a steady flow of income throughout their life. IDFC FIRST Bank is one of a kind, offering you a personal loan referral program in which you can earn not less than 50K every month by referring people for its personal loans.
You are required to fulfil some eligibility requirements as you should be:
- at least 18 years of age
- an Indian citizen
- residing in India
- having an active bank account
- using a mobile phone with a valid Internet connection
Representing IDFC FIRST Bank requires you to download and register with IDFC FIRST Bank MyFIRST Partner App. However, you should also know how to go about it.
1. Download and register with IDFC FIRST Bank MyFIRST Partner App
IDFC FIRST Bank offers you one of the best referral apps in India, which you can download from Google’s PlayStore or Apple’s App Store on your mobile. You can also download it from the bank’s website and register by filling in your name, date of birth, registered mobile number, email address, PAN Card number, and Aadhaar Card or Voter’s ID number and submit it with the supporting documents like:
- A passport-size photo
- Scanned copies of your PAN Card and Aadhaar Card, Voter ID, or passport
- Your bank details like the account number and IFSC Code
- GSTIN details, if any
Before submitting them, you have to verify the one-time password (OTP) received on your registered mobile number.
2. Build your business by creating a strong referral network
With some networking, you can build good social contacts, which will help you get more referrals for an instant loan. Most people like to know if there is some way to solve their problems easily. A financial emergency makes people look for instant loans from a reliable source. You can find and help your relatives, neighbours, friends, and colleagues with personal loans up to 40 lakhs at competitive terms.
You can tell them about your new venture and how you can use it to help them meet any financial emergency. Most people are in need of quick loans to pay for marriage, children’s education, holidays, home renovation, down payment, and medical expenses. They want someone to help find solutions to their problems. Being a personal loan referral partner, you can easily solve their problems and establish trust.
3. Assist people in getting instant loans
Using the IDFC FIRST Bank earn money application, you can help potential referrals apply for a loan by filling in a loan application form with the necessary details and supporting documents, including the scanned copies of a PAN Card, Aadhaar Card, or Voter’s ID, and the last 3-month bank statement. The approval of the loan depends on the applicant’s credit history, repayment capability, and employment status.
4. Receive payouts every week
Once the loan amount is disbursed, you will be eligible for a commission or an incentive, which is a certain percentage of the loan amount disbursed. It will be credited to your bank account every week.
You can now join IDFC FIRST Bank’s referral rewards program by downloading IDFC FIRST Bank MyFIRST Partner App to earn money from home without investment. The point is there is always a possibility to have a second income.