A refer and earn program is a word-of-mouth marketing strategy of brands. Participants who refer their products to potential customers are rewarded with commissions. This is exactly what the IDFC FIRST Bank MyFIRST Partner Program is about. Students, housewives, insurance agents, retirees or literally anyone can participate in the program, receive a unique partner digital ID and start earning money.
Introduce your family members and friends to the personal loan. Mention the attractive features and benefits. It will encourage them to consider it for a wide range of purposes. In return, you receive a handsome amount every month per disbursal. It is simpler than a side hustle since you do not have to work actively within dedicated hours. A refer and earn work is typically passive with flexible timings. Read on to learn more.
How is a Refer & Earn Program Beneficial?
A refer and earn money app like the IDFC FIRST Bank MyFIRST Partner App lets you sign-up for free. Below are the other benefits.
- The IDFC FIRST Bank MyFIRST Partner Program is the highest paying one in India. Anyone can earn ₹50,000 or more by referring a personal loanto people. Spend some time identifying your target audience and convince them to take a loan.
- This is a zero-investment program which makes it affordable. There are no joining, membership or renewal charges as well.Simply sign up with your documents and personal details at any time to start referring the loan.
- The earning does not have any upper limit. You can send as many referrals as you can.The bank gives an opportunity to earn a flat 1.5% per successful conversion which is sent to your registered account weekly.
- Associating yourself with a large bank will establish trust among potential loan borrowers. This helps in a smoothrefer & earn process. Assist them in the form filling and document verification to speed up the procedure and minimize errors.
- You develop skills like marketing, leveraging your social circle and finding money-making opportunities that are not always a proper job.
You can download the app from Google Play Store. It is PCI DSS Security compliant and protects your data from misuse. Use it on the move while travelling to office or during any convenient time and boost your chances of a good second income.
Requirements of Refer and Earn Work
You need to be an Indian citizen who is 18 years of age and residing in a serviceable location in India. Documents like a photograph, bank account details, address proof (PAN/ Aadhaar card) and a few basic personal details. An OTP is sent to your registered mobile number which is the final stepto become a MyFIRST loan partner in India. The potential customer must be an Indian citizen, 23 years of age, in a serviceable location. Further, you should have good communication and persuasion skills to help people grow interest in the loan.
A refer and earn work with IDFC FIRST Bank is a simple way to ensure a fulfilling life. You do not have to compromise on your primary job. Simply spend some time networking and helping people in times of financial need. In return, earn a decent pay out.
