How to increase your monthly income by joining a referral app?

referral app

When it comes to making money online, everyone asks this question, “How to earn money online without any investment?” The new refer and earn apps are one of the popular ones offered by companies. Banks and financial institutions also join this referral services campaign by encouraging their customers to refer their friends, relatives, and colleagues for personal loans.

Such online banking services are gaining a lot of prominence helping you earn more than Rs 50,000 per month, through highest paying referral apps by referring. The MyFIRST Partner app is a personal loan app, which rewards you on every loan referral made.

To refer and earn a second income, you need to become a partner by registering your name on the referral program app and start referring personal loans for salaried people. This helps you earn an extra income.

Why to become a personal loan referral partner?

Some of the benefits of being a IDFC FIRST Bank referral partner are:

  • Gets an opening to earn on every personal loan disbursal
  • Fortnightly payouts
  • A chance to help relatives, colleagues and friends get a personal loan easily
  • The best technical support
  • 24X7 access to the app
  • Professional help from a dedicated support team
  • A chance to earn extra money with no investment
  • Apply for a loan with minimal paperwork

How to refer and earn money through the MyFIRST partner app?

To have an extra earning, you need to:

Register with the MyFIRST Partner app

To be a referral partner with personal loan referral program, you need to upload the below-mentioned documents on the MyFIRST App:

  • A photo
  • A scanned copy of your PAN Card
  • Personal details such as your name and date of birth
  • Your address and any proof like an Aadhaar card, voter ID or passport for verification
  • Your bank account details to receive payments

Once you upload the documents, you will receive an OTP for verification. You can start personal loan referrals instantly once you finish the process. 

Create your referral network

You need to put in conscious effort in networking, which may be time-consuming, but it is worthy. You can make a list of friends, relatives, neighbors, and colleagues who may need a personal loan online for different needs. The need may include marriage, hospital expenses, renovation of home, education, and so on. With word-of-mouth recommendations, you can tap the potential referral prospects. 

Help people get personal loan for emergencies

You can help the people you know well with the best personal loan offers through the app and get instant cash loan. This will help them have a hassle-free loan between 20k to 40 lacs  at the lowest interest rate. Once you refer your friend or your customer, a relationship manger will contact the customer, and provide complete support and assistance in availing the personal loan. This makes the process easy and convenient.

Get quality and eligible referrals

Before providing any referrals, make sure that the prospective customers meet the eligibility criteria required for availing a personal loan. With quality referrals, the integrity and trust increases.

Get payouts and exciting rewards for each referral

Once the personal loan amount is disbursed to your referral, get paid per referral, where you can earn some money and exciting rewards.

Make use of the opportunity to help your friends avail personal loan and earn money.