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MyFIRST

Increase your business earnings with a newly acquired lead

Summary: Understand the financial challenges your customer is going through. Tell customers how IDFC MyFIRST personal loan partner program can help them. Click to know more.

20 Dec 2021 by Team FinFIRST


A side business to increase your earnings from clients!
 

As a freelancer, self-employed professional, homemaker, or business owner, you might be open to earning additional income during your free time. By joining IDFC FIRST Bank’s MyFIRST Personal Loans Partner Program, you can make extra money with minimum effort and zero investment.

Read on to know more about this simple and safe money-making avenue:

What is MyFIRST Personal Loans Partner Program?


It is a refer & earn program where you directly partner with IDFC FIRST Bank to help people get personal loans. In other words, you are the medium between the bank and the person who wants a personal loan. Using this program, you can help your relatives, friends, neighbours, and even business clients/customers get personal loans easily.

Joining this program is easy, safe, and does not require any payment or investment. And the best part is that you can earn up to Rs. 50,000 and more per month (T&C apply). Therefore, it is a great way to make extra money in your free time.  


How to join the MyFIRST Personal Loans Partner Program?


You can get started today in just five easy steps:

  1. Download the referral partner app
  2. Register by uploading PAN, Aadhar, address proof
  3. On-board those who want a loan directly onto the app
  4. Track their applications
  5. Earn payouts upon loan disbursal

Using this app, you can help anyone, from your acquaintances to business clients, to get a personal loan. And you can financially benefit from this; 1.5% of the disbursed loan amount.

How to get your customers or clients to apply for a personal loan via the MyFIRST Partner App?


When talking to people about finances, you need to recognize their concerns and limitations. Below is a list of how to start an engaging conversation about personal loans with your prospects:

1. Understand your customer


The first step is to know what financial challenges your customer is going through. Then explain to them how a personal loan can be an ideal solution. For example, if you run a business, let’s say a travel agency, and you have a customer who wants to go on a long family vacation but is short of cash. You can suggest they take a personal loan.

2. Ask them questions


Talk to your customers and ask them questions about their finances and budget. How much cash are they short of? Are they open to increasing their budget? Ask them relevant questions about their expectations of your products/services.

3. Relate to them


Bridge the gap and build an empathetic connection with your customer. One of the ways you can do this is by sharing similar experiences and challenges you have encountered with other customers and how you could solve them. For example, if you are running an event management firm and have a customer who wants their wedding planned. You can suggest they apply for a personal loan and increase their wedding budget. You can tell them how many of your customers have done the same with your help.

4. Tell them about IDFC FIRST Bank


You can tell your customer how taking a personal loan from IDFC FIRST Bank is the perfect solution for easy finances. IDFC FIRST Bank offers personal loans up to Rs. 40 lakhs for 12-60 months. These loans come with attractive interest rates and the option to pay up to 40% part payment.

You can inform your customers about the MyFIRST Personal Loans Partner Program and how you are a part of it. This way, you can make the loan application process easy and quick for them. They are more likely to take your suggestion since they already know you and have been doing business with you.

By joining the MyFIRST Personal Loan Partner Program, you won’t just help people around you to get personal loans, but you can even earn income for yourself. And it does not require too much time and effort; all you need to do is talk to people in your social circle.


How can you benefit from the MyFIRST Partner Program?


1. Zero investment


Joining the IDFC FIRST Bank MyFIRST Partner Program is free of cost. You don’t have to make any payments.

2. Unlimited earning potential


You earn attractive payouts on every loan closed, i.e., 1.5% of the disbursed loan amount. And the payments are made every two weeks.

3. Dedicated support and training


IDFC FIRST Bank uses the best in class technology and will provide the assistance you need with a dedicated Relationship Manager.

4. Rewards


As part of the program, you can earn exciting rewards and recognition from a trusted bank.  

By joining the MyFIRST Personal Loan Partner Program, you won’t just help people around you to get personal loans, but you can even earn income for yourself. And it does not require too much time and effort; all you need to do is talk to people in your social circle.

Download the app today!

To earn over Rs. 50,000 and more every month, download the MyFIRST App TODAY!  Start your own business simply by referring and 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.

The features, benefits and offers mentioned in the article are applicable as on the day of publication of this blog and is subject to change without notice. The contents herein are also subject to other product specific terms and conditions and any third party terms and conditions, as applicable. Please refer our website www.idfcfirstbank.com for latest updates.