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MyFIRST

Become a financial advisor to your friends, family and network today

01 Nov 2021 by Team FinFIRST


Are you in search of the quick, money-making referral apps that pay the most? If yes, keep reading on!


There are plenty of referral programs that help you earn extra money. Among these awesome, “earn money” apps, you’ll find IDFC FIRST Bank’s MyFIRST Partner App, which helps you become a personal loan referral partner and have an additional income without any investment. That’s not all, you can quickly become a financial advisor to your friends, family and extended network and earn big bucks within a short period of time.

Honestly, getting paid for referrals is among the best ways to have a second source of income. It is easy to manage, plan and execute, and setting up this business venture is literally free of cost.

You have to register with the MyFIRST Partner App to start earning passive income online. The registration process is simple that you have to download the IDFC FIRST Bank’s MyFIRST Partner refer and earn money app on your smartphone from the Google Play Store or Apple App Store. Then, fill in a registration form and submit it, along with essential documents. Once approved, you can start helping potential people get personal loans and earn money on each disbursal of the loan amount.

How do you do it? Here are some tips to help you know how to have an extra income through referrals using the money income app. 

1. Become a connector for IDFC FIRST Bank for personal loans


If you are good at networking and using your social and professional contact, you are good enough to become a connector for IDFC FIRST Bank. Others like real estate and insurance agents, bank employees, college students and drivers can also sign up for becoming a referral partner. Once you become a personal loan referral partner, you will be helped by the base team, who educates you on the personal loan products. You will also receive some training to be on par with the sales team of the bank.  


2. Grow your circle of high-quality referrals and potential customers


You can start referring prospective applicants for personal loans. To find potential customers or provide high-quality referrals, you need to cultivate them by putting conscious efforts. How can you do it? One of the effective ways to get personal loan referrals is narrating your experience or a customer’s experience of applying and getting a personal loan through refer and earn money app to your relatives, family members, friends and colleagues. This will help generate leads and get converted into a potential loan applicant.

When you talk about a great customer experience, the word-of-mouth referrals naturally happen. By understanding a customer’s need will help you deliver what they want. For instance, IDFC FIRST Bank offers personal loans for students with no income, medical requirements, marriage, travel and home renovation.  

3. Let your potential customers know the benefits of getting a personal loan online


With the IDFC FIRST Bank MyFIRST Partner App, you can help the prospective applicant apply for a personal loan instantly. Not many people know about the benefits of applying for an instant loan online. If you let them know, you may find more people interested in a personal loan. Here are some important benefits customers can enjoy when applying for a personal loan:

  • Can avail a loan up to Rs 40 lakhs
  • Minimal documentation
  • Quick processing and approval
  • No need to visit the bank
  • Flexible repayment option
  • Loans are offered at competitive interest rates and a low processing fee

4. Earn a regular income, along with multiple rewards and benefits


You can earn beyond Rs 50,000 per month without any investment, if you plan and put some effort to build your network. The payouts are sent after every loan disbursal by crediting them in your bank account, so you don’t have to wait to receive any benefits!

The sky is the limit!

When you convert a referral by sending their completed personal loan application, you stand to earn money for every referral you gave. Through active conversations, you can have a steady stream of referrals. By setting a target with a timeline, you can build referrals, identify potential customers, assist them in acquiring a loan and receive compensation for it. 

 If you want to earn extra income through referral program, you can do it today by downloading the IDFC FIRST Bank’s MyFIRST Partner App.. It will help drive personal loan referrals and have an additional income. 

 

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.

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