Home based business idea to start in 2024

When you refer someone for a personal loan, you earn rewards and a certain percentage of money, which is credited after every disbursal of the loan amount

Having multiple options of earning extra money always sounds appealing! Some people want to earn more to live a luxurious life, while some others want enough money to pay off any debt that they may have. There are many others who want to achieve financial freedom early in their life. All these factors may lead one to start looking at an extra source of income.

Among several options available, a referral program is one of the popular ones that help you earn passive income without any investment. With IDFC FIRST Bank, you can join a personal loan affiliate program and start earning money immediately by referring people for personal loans. It’s almost like running your own financial business online, right from the comfort of your home.

You can run your referral business successfully on your smartphone, using IDFC FIRST Bank’s MyFIRST Partner App. Among several money-making apps on the Internet, this one stands distinctive for the benefits it offers you. Some of the important benefits include: 

1. Opportunity to run a successful home-based business

You get an opportunity to join one of the best personal finance affiliate programs offered by a recognized bank like IDFC FIRST Bank. By registering with MyFIRST Partner app, you can start   a successful homebased business with no investment, which is not possible these days.  If you can plan and do some networking, you can help people from your social circles with personal loans, and help them deal with any financial emergency.

As a connector you represent a prominent bank, and therefore, it is easy to attract people and promote various types of IDFC FIRST Bank’s loans through word-of-mouth recommendations.

2. Earning money with zero investment

For those people like insurance and real estate agents, college students and existing bank employees, it is an excellent opportunity with money earning apps. They don’t need any investment to be a referral partner of IDFC FIRST Bank.  The money they earn through one of the best refer and earn apps goes to their savings. Also, the app allows you to earn more money by bringing more referrals, and does not place any limit on the number of people you can refer.

The role you will play is that of a connector by helping people to gain easy access to IDFC FIRST Bank’s different types of loans. In the process, you have to share knowledge about the bank’s financial products and why to choose them, and also help with the loan application process.  

3. Associating with a recognized bank

IDFC FIRST Bank is one of the best personal loan financing companies out there. While running your own financial business, you also get an opportunity to associate with a recognized bank, which can help you in several ways.

IDFC FIRST Bank offers personal loans for various purposes such as marriage, medical requirements, home renovation, holidays and education. They make it easy for you to find a prospective loan applicant, who may require money to meet any of the above purposes.

Secondly, people generally trust recognized banks. Therefore, making them choose IDFC FIRST Bank personal loans is quite easy. Last, the personal loan process is smooth with no issues of any kind, for IDFC has a goodwill to maintain.

4. Receiving payouts after disbursal

When you refer someone for a personal loan, you earn rewards, as well as a certain percentage of money on the disbursed loan amount. It is credited after every disbursal of the loan amount.

If you are one among those looking for an opportunity to have a second income, then you are at the right place. All you have to do is to download the IDFC FIRST Bank’s MyFIRST Partner Refer and Earn App on your mobile phone and submit the completed registration form. You can help your friends and family avail personal loans at a competitive interest and earn money.

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.