How to Refer and Earn Money through App : Complete Guide

Irrespective of your job role and source of income, having a steady income or a second source of income is always a great idea. IDFC FIRST bank is committed to providing individuals the opportunity to enhance their financial situation. Our new MyFIRST Partner personal loan app is a great opportunity for becoming a direct partner of IDFC FIRST Bank and benefitting from this refer and earn program.

How to refer and earn money?
 

Digital revolution has opened the door to numerous opportunities to earn money online. One of the most common and the easiest ways to earn money is through a referral program. The process is simple and straightforward and doesn’t require any expertise. All you need is to register for a referral program and start referring a specific product or service to your peers. The more referrals you bring, the more you earn.

Among the most popular referral programs are the refer and earn apps that have made online earnings accessible through mobile phones. All you need is to download a referral app, register following a few simple steps and get your referral code. Subsequently, you need to share the app or its services among your friends and families. Individuals registering for the app or services through your code become your referral which help you get a percentage of the earnings. The process is similar for most online refer and earn apps.

IDFC FIRST Bank MyFIRST Partner app is one of the most used referral apps to earn considerable money online. With zero investment, you can earn money online by simply referring personal loans to your circle. For every referral you get a percentage payout which is paid on a weekly basis.   

Do refer and earn apps provide significant earnings?
 

You can find a variety of referral and earn apps that have their own earning norms and the amount you can make by referring. While some offer a few hundred rupees, other can help you earn thousands every month. Additionally, the earning potential also depends on a few factors such as the number of referrals you make, and the maximum number of referrals allowed within a referral program.

The MyFIRST Partner program can help you earn more than ₹1,00,000 every month through personal loan referrals. And, the most interesting part is, you get your earnings directly into your bank account every week. This ease of earning makes MyFIRST Partner the most widely used refer and earn app where more than 8 lakh individuals have registered so far.

Who should opt for a referral program?
 

Since a referral program doesn’t require any expertise, anyone who can communicate well, find people with specific needs, and fulfil their requirements with products or services offered through the referral program can opt for it and earn a significant income.

With the IDFC FIRST Bank MyFIRST Partner program, anyone willing to make extra money online can join the program. Whether you are a student, housewife, insurance or financial agent, or a professional, the MyFIRST Partner program is a great way to earn a passive income online. 

Common types of referral programs
 

Refer-and-earn apps includes diverse categories, each employing distinct strategies to drive user referrals such as:  

• E-Commerce apps: 

E-commerce platforms frequently offer discounts or cash rewards for both the referrer and referee.

• Ride-sharing apps: 

These apps extend ride credits for successful recommendations.

• Financial apps: 

These apps may provide bonuses upon referrals completing specified transactions or referring banking products and services. The IDFC FIRST Bank MyFIRST Partner program helps you earn money by referring personal loans and other financial products to your peers.

• Gaming apps: 

Gaming platforms often utilise in-game rewards or virtual currency. Subscription services commonly offer free trials or discounted memberships.

• Social media apps: 

Social networking apps may employ exclusive features as referral incentives.

What is MyFIRST Partner referral program?
 

The MyFIRST Partner program is a free referral program that offers a unique way of earning money online through personal loan referrals. By becoming a loan partner and referring personal loans and other banking products to your circle, you can earn a considerable passive income. You can use earn more than ₹1,00,000 to meet your expenses and maintain your lifestyle without any hassles.

To participate in the referral program, you need to be at least 18 years old and have an active bank account. Once you fulfil these criteria, all you must do is download the app from the Play Store or App Store and register for free. After you receive your referral details, you can start referring, with every successful referral providing a 1.5% payout of the loan amount.   

On the app your can also refer people for Savings account, Business Loan, Pre-owned car loan and more. The more you refer the more you earn.

Why become a personal loan agent with IDFC FIRST Bank?
 

The most attractive aspect of becoming a personal loan agent with IDFC FIRST Bank is the lack of any upfront investment or payment. Additionally, there is no need for any physical documentation to join the IDFC FIRST Bank referral program. We also offer you the best-in-class technology to efficiently earn money by referring people for personal loans. For instance, even if you are a student, a salaried professional, a freelancer or a homemaker, you can benefit from our personal loan referral program. All you need to do is to refer a friend and earn money.

You can utilize your time and skills to help friends, family members or customers through our personal loan referral program, and in this endeavour, we offer you a dedicated Relationship Manager as well as Client Acquisition support. We have experienced mentors who will train you thoroughly during your journey. The IDFC FIRST Bank referral program can offer unmatched business development opportunities, rewards, and recognition to you or anyone joining us as a personal loan agent.

The MyFIRST Partner App also offers dedicated Relationship Manager and Client Acquisition support, experienced mentors to train with, unmatched business development initiatives, and exciting rewards & recognition.

Let’s take a look at some of the benefits of becoming a personal loan agent with IDFC FIRST Bank’s MyFIRST Partner personal loan app:

• Zero Investment
• Earnings on every disbursal

 Payout every 7 days in your registered bank account

How to register on the MyFIRST Partner app?
 

Our app is the best app to earn money by referring people for personal loans. It comes with an easy joining process which can be completed online:

• Download the IDFC FIRST Bank Partner app
•  Follow steps to sign up within 5 minsUpdate your personal details
• Verify the OTP to finish signing up

As soon as the process completes, you will become an approved personal loan agent and you can go on earning money by referring your friends, family members or general public for personal loans. There is no limit to how much you can earn, and the more people you refer, the more money you make. It is this limitless earning potential offered by IDFC FIRST Bank MyFIRST Partner personal loan app that makes it one of the best referral apps to earn money.

You can refer business loans, Pre-owned car loans, Loan against property, Personal Loans and Savings Account to earn more money from the app. With IDFC FIRST Bank’s product suite on the app, you can find many reasons and increase your span of conversion from your network. Easily earn over 1 lakh* per month by referring this suite.

So, go ahead, download the app and join our unmatched refer and earn program 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.