How to earn money online without investment?

With personal finance, one of the most widely talked about topics is earning extra money. Most people look for online avenues that give them additional income. If you are one among them who want to work from home without any investment, then, you are not disappointed. There are banks and financial institutions that have created their own personal loan app to get referrals from their loyal customers, who in return get a chance of having a second income. IDFC FIRST Bank offers you a chance to earn more money through three simple steps.  

1. Download MyFIRST Partner app and register for a referral program

With the MyFIRST Partner app, IDFC FIRST Bank is known to offer you one of the best money earning apps in India without an investment. You can download it on your mobile and register your name by filling in the personal details and submitting essential documents such as your PAN Card and Aadhaar Card, along with a photograph online. On successful verification of the documents and OTP on your mobile phone, you become a referral partner.

In the process, you also have to ensure your eligibility for the  refer and earn rogram by showing that you are 18 years or above, a citizen of India and within a serviceable location. 

2. Get high-quality referrals through networking

Once you have successfully completed the personal loan referral partner registration, you can start referring prospects for IDFC FIRST Bank’s personal loan at a flexible repayment schedule and competitive interest rates. If you want to provide high-quality referrals, you have to put conscious efforts to cultivate them. Talking about your experience with IDFC FIRST Bank and the benefits of acquiring a personal loan with your family members, friends or colleagues will help you gain high-quality referrals. They trust you, for they know you.

The word-of-mouth referrals happen naturally when you share a great customer experience. Moreover, if you understand their need, you will be able to deliver what they want. The personal loans from IDFC FIRST Bank is available for different purposes like travel, education, marriage, medical requirements, home renovation, etc.

Not many people are still aware of the advantages of applying a personal loan online. You may get more people interested in a personal loan if you let them know the benefits of applying for it online. Some of the important ones are:

• Minimal documentation
• Get a loan of up to 40 lakhs
• Quick approval
• No need to go to the bank
• Low interest rates and a processing fee
• Flexible repayment option

All these make the app useful for students who want to know how to earn money online without any investment. 

3. Earn more through more referrals

Being a personal loan partner, you receive compensation for every loan amount disbursed, which is credited to your bank account. The IDFC FIRST Bank’s online money earning app without investment helps you earn more with every additional referral, which is converted into a sale

All you have to do is to have a steady stream of referrals through active conversations. To build referrals, you need to set a target with a timeline, identify the customer, share your experience, help them to apply for a loan and follow up. 

Your chance to earn extra money is just a few steps away. You can either download MyFIRST Partner app or click here to contact us for more information.

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.