Earn extra money after retirement

Retirement is often considered to be a person’s golden years. However, if you don't have large enough savings to meet your post-retirement lifestyle, you might feel insecure about the loss of a steady income. Of course, it doesn't help that inflation will eat away at any savings you already have. So, a wise choice is to find a way to earn money that isn't too stressful.

How to earn money after retirement?

There are various ways to earn an income after retiring. However, it might be fruitful to look for something that does not take up too much time while giving you a decent payout. For instance, the MyFIRST Partner Program is an excellent choice. It is an online financial affiliate program introduced by the IDFC FIRST Bank. It helps provide you with passive income while offering assistance to those requiring urgent personal loans.

How does the MyFIRST Partner Program work?

With the MyFIRST Partner Program, you can become a guide for anyone looking to procure personal loans. A personal loan can be sought for any number of reasons, from education or travel to funding a wedding or home renovations. Through the MyFIRST Partner Program, you can support a family member, friend, or acquaintance by helping them get an instant personal loan.

What you need to do is to download and install the MyFIRST Partner App from your phone’s app store. Once you go through the KYC process and are registered as a partner, you can refer personal loans to people looking for funding. You earn a commission of up to 1.5% on every loan sanctioned through your referral. That’s it. It’s that simple.

Why choose the MyFIRST Partner Program?
 

• It’s easy: The registration and the loan referral processes are straightforward. You don’t need to be a tech or financial wizard to join the program or navigate the app successfully. You can also track referral applications with ease on the app.
  
• It’s quick: With a few clicks of a button, you can register your details on the app to become a partner. Your partner account gets activated in just a few minutes. Since everything is done online, there is no wastage of time printing documents, photocopying them, and so on. Getting a loan through the program is also quick and instant. 
  
• It’s convenient: You are not bound to an office seat or anywhere with this program. Since it all takes place online, you can earn from anywhere, as long as you have a working internet connection. You could be on vacation and still earn an income through the program. The app and personal loan referral facility is available 24x7. 
• It’s fruitful: Through the program, you can earn fortnightly payouts on disbursal of loans. You can earn up to Rs 20,000 per month through the refer and earn application.
  
• It’s supported: You need not worry about any issues faced when going through the program. You will get a dedicated relationship manager, client acquisition support, and experienced mentors. You will also get to enjoy business initiatives as well as recognition and rewards for your hard work. 
  
• It’s perfect for retirees: With a few hours of effort, you can earn money after retirement in your spare time. For those wary of spending unnecessarily, this program has a zero-investment requirement. Moreover, retirees usually have a large social circle which means that you can reach out and help many people looking to fund their dreams. 

Features of the personal loans available through the MyFIRST Partner program

The loans through this program have the following features:

• Loan amounts of Rs 20,000 to 40 lakhs
• Loan tenures of six months to 60 months (five years)
• Minimum annual percentage rate (APR) of 11% and maximum APR of 28%.
  

The bottom line:

The MyFIRST Partner Program is an easy way for you to earn passive income online by partnering with a reputed Indian bank. Not only will you be able to earn well, but you can also help support your family and friends in getting an instant personal loan. If it is your dream to help people, you will be able to do so by becoming a MyFIRST Partner. Join the program and reap the many benefits today!

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.