Online business is growing in popularity with more and more people opting for remote working. Being an entrepreneur gives you numerous ways to earn money online, but not all are quite productive to help you grow your business. A personal loan referral program can be a wise choice if you want to earn more without investing any money.
Most banks and financial institutions turn to their customers to get more business for their financial products. With a refer and earn program, you get a chance to increase your income and profit in business. You are paid for every qualified referral you get for the personal loan product. IDFC FIRST Bank offers you an online business opportunity to earn more money through its personal loan affiliate program.
With the MyFIRST Partner App, the bank helps you become a referral partner without any investment. You need to refer the people who you know for personal loans. Such referrals should be eligible for the loan and apply online. IDFC FIRST Bank offers one of the best money-earning apps in India for entrepreneurs, housewives, travel and insurance agents, and financial advisers to start an online business and work anywhere, anytime.
Here’s how IDFC FIRST Bank’s personal loan referral program helps grow your business.
- Join the referral program
The MyFIRST Partner App from IDFC FIRST Bank is one of the highest-paying referral apps in India. To become a part of it, you have to download it on your mobile from the PlayStore or App Store. The app requires you to register by submitting your personal details such as your full name, age, date of birth, mobile number, email address and PAN Card, and Aadhaar Card details. You are also required to upload the documents like:
- A passport-size photo
- Scanned copies of your PAN Card and Aadhaar Card or Voter ID
- Your bank account number and IFSC Code
- GSTIN details, if any
You need to verify the documents by providing the one-time password (OTP), which you will receive on your registered mobile number.
- Have as many referrals as you can
The success of your online business depends on the revenue you receive. You need to get more personal loan referrals to become successful in referral marketing. For that, you have to devise the right strategy. Identify your family members, friends, colleagues, and neighbours who are active in social circles. They can help connect you with their friends and relatives.
Talk to them about your new venture and how you can help them during a financial emergency. Most prospective referrals look up to you for solutions to their problems or better alternatives.
When in a social circle, you come across people looking for financial help to pay for children’s education, home renovation, holidays, marriage, debt consolidation, and medical expenses.
Being responsive and sincere to their questions will help you build long-term relationships with people.
- Assist your referrals in getting a personal loan
Instant personal loans from IDFC FIRST Bank are offered to individuals and self-employed people. They can be easily applied online. The MyFIRST Partner App facilitates easy applying of personal loans up to Rs 40 lakhs at a flexible repayment schedule. All you have to do is to fill out the applicants’ personal details and upload the scanned copies of PAN Card and Aadhaar Card and the last 3-month bank statement.
The online application is processed quickly with a relationship manager taking the process ahead until the loan amount is credited to the applicant’s account.
- Receive compensation and exciting rewards
With every loan amount disbursement, you will receive some percentage of money credited to your bank account every week. In addition, you can also earn incentives and rewards for high-quality referrals.
You can take your online business to the next level with the unlimited earning opportunity offered by the MyFIRST Partner App. It’s time you use this earn money from Internet opportunity now.