The Ultimate guide to earn more than 50000 per month with zero investment

Want to live your dream life? If you are still looking for avenues to make extra money, and are smart enough to manage a second source of income, then you are at the right place!

Most businesses adopt referral programs, which are one of the most accepted marketing approaches today. With its distinctive refer & earn money program, IDFC FIRST Bank offers anyone a chance to have an additional income with zero investment. Through its MyFIRST Partner App, you can help your friends, family members, colleagues and neighbours obtain a personal loan to meet an urgent financial crisis.

People generally seek the opinion of people whom they know well and trust, before choosing a product or service. A recommendation from a trusted person influences anyone. Natural conversations and word-of-mouth recommendations within the family or social circles may help a lot of people to make decisions about choosing a loan from a particular bank or buying a product or service. With the IDFC FIRST Bank’s refer and earn money app, you can put this into use by referring people for a personal loan. The MyFIRST Partner app is among the best tools to earn money by referring personal loans. You earn more than Rs 50K per month, without any investment, and through simple online steps.

1. Register for a referral partner on MyFIRST Partner app

When it comes to registering for a loan referral partner, it is quite easy. All you need to do is to download the IDFC FIRST Bank’s MyFIRST Partner app and fill in your personal details such as the name, address, date of birth, contact number and bank account details. To support them, you have to upload some documents like the copies of your PAN card, Aadhaar card and passport-size photograph for verification. The registration process is complete on the successful verification of the OTP sent to your mobile phone. 

2. Get personal loan referrals from people you know

You need to keep in mind that if you want to reap the returns from the IDFC FIRST Bank’s refer earning app, you should be willing to work and pay the price of success. Hence, you have to spend some time networking to find people who want to avail a personal loan. All you have to do is to put some effort and engage in a conversation with people who you know and meet every day and speak from your experience about the benefits of acquiring a personal loan from IDFC FIRST Bank. A few of the benefits worth mentioning are a loan up to 40 lakhs, low interest rates and processing fee, flexible loan tenure and quick processing.

Representing a recognized bank like IDFC FIRST Bank, you can have people who trust you, and apply for a personal loan. It will also be easy for you to check if they meet the eligibility requirements of the loan or not. 

3. Help with the loan application process

On identifying the potential applicants, you can help them with application procedure by logging into the MyFIRST Partner App and filling out the personal loan application form. The completed application form with the supporting documents like the copies of a PAN Card, Aadhaar Card or Voter’s ID or driving license, and last three months’ bank statement should be submitted online for verification. The chances of getting the application approved depend on how far the applicant has met the personal loan requirements. 

4. Check the status of the application

The online personal loan application is quickly processed. The IDFC FIRST Bank’s support team will connect the customer and process the application until the disbursement of the loan amount. You can know the status of the loan applications on the refer and earn money app by clicking on the ‘In Progress’ option.

5. Get paid after the disbursement of the loan amount

You receive your compensation after each disbursal of the loan amount. The amount you receive is related to the loan amount. and it is credited to your bank account. You have a chance to earn as much as you want as there is no limit to the number of referrals you can make.

If you think you are the right person for this personal loan referral program, then, don’t wait, download the IDFC FIRST Bank’s MyFIRST Partner app and register for it now.

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.