There are multiple benefits of having a side income. You can use it to pay off an existing loan, renovate your home, or even plan a dream vacation. A good way to have a second source of income is using a refer and earn money app. This is a kind of finance affiliate program in which you need to refer a product to people, and help interested ones avail it. Here is all you need to know about how to join such an app to earn a secondary income.
How to Use a Refer and Earn App?
The IDFC FIRST Bank MyFIRST Partner App is among the best referral apps to make money. It helps you earn money just by referring personal loans from IDFC FIRST Bank. You can understand how the app functions if you know how insurance referrals and other referral financial intermediaries work.
In this referral program, you simply need to spread awareness about the bank’s personal loan products. When you get people who are interested in applying for a loan, you need to help them apply for it. Here is how:
- Gather all the required documents (such as identity and residence proofs) from the borrower.
- Download the IDFC FIRST Bank MyFIRST Partner App.
- Upload your photo.
- Upload the necessary personal details and documents of the borrower.
- Provide your bank account details to receive payouts.
- Once you get an OTP, verify it to complete the registration process.
Thus, through a paperless online process, you can become a loan partner of IDFC FIRST Bank. You can start generating leads immediately after registering yourself on the refer and earn money app. With each successful loan disbursal, you can get an impressive commission. All you have to do is put in strategic efforts for a few hours daily.
Advantages of Using a Refer and Earn App
Earn High Referral Money: If a loan is successfully sanctioned to a referral, you can get 1.5% of its amount. You can earn well over ₹50,000 monthly by performing consistently and that’s a good amount of side income!
Weekly Payouts: A great benefit of using this finance affiliate program is that you can get weekly income from it. The funds will be disbursed directly to your bank account so you can withdraw them easily.
Exciting Rewards: In addition to the regular payouts, you can receive attractive rewards for outstanding performance at the regional, zonal, national and branch levels. The rewards can be cash prizes, gadgets, and more!
Easy Onboarding and Lenient Eligibility: You can register for free on the refer and earn money app. To be eligible, you only need to be an Indian resident, be over 18 years old, and hold an account at an Indian bank. Thanks to the easy eligibility criteria set by IDFC FIRST Bank, not just professionals but also homemakers and students can use the app.
So, go ahead and download the IDFC FIRST Bank MyFIRST Partner App since it is one of the best referral apps to make money. Whether you are travelling or simply sitting at home, you can earn a secondary income from the app anytime, anywhere.