A referral app can be your additional source of income to spend on luxury items, go on vacation, or pay off existing debt. Referral apps are beneficial for both customers and the organisation. Customers get cash or rewards for promoting products or servicesand the organisation receives new leads and reach.
You can earn ₹50,000 or more per month with referral apps like the IDFC FIRST Bank MyFIRST Partner App. Don’t believe us? Here’s the math behind earning ₹50,000 monthly through this highest paying refer and earn app with zero investments.
How to get started with the IDFC FIRST Bank MyFIRST Partner App?
The IDFC FIRST Bank MyFIRST Partner App is a refer and earn app that you can refer to people interested in taking out a personal loan with the bank. It is a useful app to earn money online without investments for students, homemakers, graduates, professionals, etc.
The program allows you to make money online in India without investing anything. You can refer your contacts for loans varying from ₹20,000 to ₹40 lakh. Download the app and register by filling out your details such as your name, date of birth, contact number, address, and bank account details.
For verification, you must upload your Aadhaar card, passport-size photograph, and PAN card. Once your OTP is verified through your mobile phone, your registration is complete.
- Refer loans to eligible people
You earn money by referring the IDFC FIRST Bank MyFIRST Partner App to potential borrowers. To maximise your earnings, it is essential to carefully target your audience and only share the referrals with people interested in taking out a personal loan. You can earn up to ₹50,000 per month or even more for every successful referral.
- Help borrowers with the loan application process
Once you identify potential applicants, you can assist them by filling out the application form. Help them submit their application form online with supporting documentation such as copies of their PAN card, Aadhaar card, driving license, and bank statement to get instant approval. After that, IDFC FIRST Bank’s customer support team may contact the applicant and verify details to process the application before approving the loan.
- Receive your payout
Once your contacts avail of a personal loan with IDFC FIRST Bank, you can earn up to a flat 1.5% along with other rewards. There is no limit to the number of people that can be referred. The more people you refer, the higher the potential earnings. The quality of your referrals determines how much you earn.
Generating a healthy income without investments through referrals is possible if you have the right app. By understanding the basic maths behind customer referrals and implementing the right skill set, you can easily earn up to ₹50,000 or more.