How to earn money in college for students ?

Here’s why every college student needs an added source of income, beyond pocket money

You’ve made it to college and entered a new phase of life with that. Life in college lies in the space between childhood and adulthood, which makes it unique—you get the best of both worlds. To make the most of these precious years, you should consider setting up a source of income - a side job that doesn’t interfere with your education but allows you to earn enough to cover your expenses. A side job might even cover your education costs. 

Earning income during your college days can help you in many ways. And for that, IDFC FIRST Bank has designed the MyFIRST Personal Loans Partner Program.

What is MyFIRST Personal Loans Partner Program?

It is a referral program where you sign up on the MyFIRST Partner App and become a loan facilitator for people who want a personal loan. In other words, you help your friends, relatives, and acquaintances get a personal loan from IDFC FIRST Bank by connecting them to the bank via the app.

How will the MyFIRST Program benefit you?

With every successful referral, you earn 1.5% of the disbursed loan amount. Also, you can earn over Rs. 50,000 and more per month. (T&C apply) Now that’s a huge monthly income for a college student!

Here’s a list of reasons you should join the MyFIRST Personal Loans Partner Program

Cover your expenses

Your lifestyle expenses will increase when you enter college—school uniforms will give way to fashionable clothes, lunchboxes to restaurants and cafes. And there are always your education expenses. A source of side income can help you cover at least some of these costs, giving you a sense of financial independence. 

Easy sign-up

Signing up as a connector on the IDFC MyFIRST program is a simple, safe, digital, and paperless process. All you need to do is download the MyFIRST referral partner app, sign-up with your PAN card, address proof and bank account details for payments.

Effortless work

A side job with IDFC MyFIRST Program is not very demanding. All you need to do is find people in your social circle who need a personal loan. This can be your neighbours, friends, relatives etc. and you can help them get a loan from IDFC FIRST Bank. Using the app, you need to onboard the person who wants a loan and then track their application. Once the loan is sanctioned, you earn 1.5% of the amount.

Training

When you sign up on the IDFC MyFIRST Refer and Earn app, you are given training by IDFC FIRST Bank to understand the personal loan process and how to use your influence to convince people to apply for a personal loan. This training is given by experts and can be a valuable learning experience for you. Once you start influencing, the app also gives you rewards and recognition. You also have a dedicated Relationship Manager to assist you.

A hassle-free experience

You get a respectable source of side income that is given to you once in two weeks. And such a job does not require too much of your effort and time. All you need to do is talk to people in your social circle about their loan needs and connect them to IDFC FIRST Bank.

Joining the IDFC MyFIRST Personal Loan Partner Program is a great way for college students to become financially independent and learn valuable skills in the process. The digital sign-up process and weekly payouts make it simple and rewarding. If you are a college student looking for a lucrative side gig, look no more!

To earn over Rs. 50,000 and more every month, download the MyFIRST App TODAY! Start referring to enjoy a second income and unbelievable benefits: Click here to download or 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.