5 Ways to earn money online

Whether you are a homemaker, a student, a retired individual, or a professional on a sabbatical, earning your own money is a superpower you cannot ignore. Irrespective of your age and experience, there are several ways to make money online in India. 

IDFC FIRST Bank’s MyFIRST Partner Program is one such option that lets you earn money from home – all you need to do is use your phone to refer personal loans to people in your network. With zero investment, you can earn Rs 50,000 and more every month. Indeed, this can be a great alternative career!

Let’s find out more about earn-and-refer apps, along with some other ways to earn money online in India.

Take up consulting

Looking to practise your skills while working flexible hours? Become a consultant who specialises in social media, marketing, or even finance! You can earn by the hour or charge a monthly fee based on your services, experience, and work scope. You could even open a consulting business if you are professionally qualified in the field.

Create educational/professional courses

Creating a professional course is another money-making opportunity where you can use your skills. The face of education is rapidly changing. Many students as well professionals are now taking online courses to expand their horizons. You can tap into this market, create online courses, and teach from home. All you need is a camera to record the sessions, and you are good to go.

Trade in the stock market

Trading in stocks can be somewhat risky, but it is an excellent way to make money online in India. If you have been following the stock market and understand its mechanisms, you can invest your money for better gains. However, this may not be suitable for novices as the stock market is often a highly volatile place.

Use earning apps

Refer-and-earn apps like IDFC FIRST Bank’s MyFIRST Partner Program is an excellent option for creating an additional source of income. You can earn money online in India through the app by referring people for loans. The program pays up to 1.5% for each loan disbursal, and you can earn over Rs 50,000 per month. It does not require any investment, and the payouts from your referrals are credited to your bank every week. You can rely on this opportunity, given that it is backed by a bank of repute such as IDFC FIRST Bank.

Become a freelancer

Freelancing opportunities have considerably increased in the last few years. Many companies require people for short-term projects, or a few hours a day. So, they prefer hiring freelancers over full-time employees. You can look for a freelance job in practically any industry. These jobs require you to work for a couple of hours a day, and many of them also offer flexibility in choosing work hours. 

Conclusion

If you are looking to make money online in India, plenty of work opportunities offer ample flexibility and prospects for growth. However, some of them may require prior experience and qualifications. If that is your concern, you can always opt for refer and earn apps with no such criteria. For example, IDFC FIRST Bank’s MyFIRST Partner Program lets you start earning money with zero investment as soon as you download the app. Simply download, refer, and start earning like its 2 lakh+ active users across India!

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.