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Earn Extra Income Through Referral Program

The pandemic made us realise the importance of not relying on just one source of income. While keeping a steady job is great, why not build wealth and ensure better financial stability with a second passive income stream? If time is a concern, do not fret! With the IDFC FIRST Bank MyFIRST Partner Program, you can now start earning an online income from the comfort of your home with zero investment. Read on to know more!

Benefits of Joining

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Zero investment, uncapped earnings

Zero investment, uncapped earnings

Weekly commission paid directly to your bank account

Weekly commission paid directly to your bank account

Quick disbursement with zero physical documentation

Quick disbursement with zero physical documentation

Dedicated support through relationship manager & central helpline

Dedicated support through relationship manager & central helpline

Track your cases directly on the app

Track your cases directly on the app

Opportunity to work directly with IDFC FIRST Bank and participate in recognition programs

Opportunity to work directly with IDFC FIRST Bank and participate in recognition programs

First-Partner

The Idea of Making Extra Income

Any extra money made besides your regular income is always appealing. It is a great way to contribute to your existing salary and keep you afloat during rainy days. The idea is to earn money smoothly without having to make much effort. You should be able to balance it with your primary job. This extra amount can go towards your savings and investments. You can also fulfil long-awaited dreams and aspirations like higher studies, EMIs for a new car or a home makeover. Earn extra money and keep yourself financially covered without impairing life goals during a cash crunch. One of the most useful side income ideas is a referral program. You can refer loans and other banking products to the needy and receive a handsome pay-out on the amount sanctioned. This can add to your total income and enhance the quality of your life. It is a great idea, especially for senior citizens who can easily earn money from the comfort of their homes. The process is 100% online, quick, and convenient for all age groups.

First-Partner

Benefits of Making Extra Income

A secondary or ‘extra’ income is useful in multiple ways. You can achieve your financial goals on time and without any complications. An extra income lets you fulfil your dreams without affecting parallel expenses. Below are a few other benefits of another income.

• Peace of mind to be able to deal with emergencies.
• Helps improve the current living standards.
• Opens a plethora of unique opportunities and choices in life.
• Further diversifies your income stream by helping you invest.
• You do not have to live paycheque to paycheque anymore.

A few side incomes might need initial investment. For example, starting a bakery business would require you to buy the equipment. But a refer and earn program is free of cost. All you must do is get in touch with friends and family who are eligible to sign up for a personal loan.

What are the Opportunities and Obstacles?

A consistent side income is highly beneficial as a financial safety net. You can consider downloading the IDFC FIRST Bank MyFIRST Partner App on your smartphone. Registering as a MyFIRSTPartner helps you earn money. You can earn ₹1,00,000 or more per month. There is no upper limit on how much you can earn.

The higher the referral, the higher your income. You can get up to 1.5% commission on every referral without any investment. This opens plenty of opportunities. For example, you earn money from home and be associated with a reputed Indian bank. Further, there are exciting awards at different recognition levels.

You can become a branch, regional, zonal, and national champion and get trophies, merchandise, vouchers, iPhone and Samsung tablets, and additional cash over and above the 1.5% commission. This is based on your consistent performance to get a good number of referrals. To get a referral, you just need to put your networking skills to use and help your friends and acquaintances in applying for the banking product such as a loan or a savings account.

Other passive incomes like a side business or online tutoring can help widen your knowledge and pursue your long-lost hobbies. You can brush your old skill sets and make the most of them earn money.

The main obstacle is that alternate jobs may not last long. For example, certain companies hire freelancers based on their current needs. This does not ensure a steady income. Also, you might have to dedicate some time every day, which is impossible with your primary work or studies.

Planning strategies, staying up-to-date in your work field, balancing both and also managing expenses is not quite easy. Further, you might have to step out of your home, which takes more time and may disrupt your work-life balance. . This could also restrict older adults from building a second income.

A referral program addresses all these concerns. You can earn as much money as you wish weekly. There is no irregularity or uncertainty. There are no investment requirements. Instead, you get attractive rewards based on how many referrals you make.

All kinds of people like housewives, financial advisors, students, engineers, and artists can earn extra income through the IDFC FIRST Bank MyFIRST Partner Program. It provides payments directly to your bank account. This referral program can benefit the younger generation that is likelier to opt for small-ticket personal loans to fulfil their needs like a weekend getaway or clear student loans or open a savings account to begin their financial journey. Help them with the application and document verification to earn handsome earnings.

Recommendations to Make Extra Income

One of the best side income ideas is to consider becoming an IDFC FIRST Bank MyFIRST Partner. You must convince your contacts to choose a loan such as a personal loan, a business loan, used car loan or a savings account from IDFC FIRST Bank. This can be anyone from friends, family, colleagues, business partners and social networks.

There is dedicated support in the form of mentors, relationship managers, client acquisition support and a central helpline to train you well. You get ample rewards and recognitions in the form of trophies, cash, merchandise and Apple and Samsung products. The application process is quick and without the need of physical documentation. This makes it easy to appease your potential clients.

An individual partner can get up to 1.5% commission on every successful referral. Additional money over and above the 1.5% commission can be won during contests, which helps you boost your income to a great extent. You can experience best-in-class technology while working.

Ensure you are an Indian citizen above 18 with a savings account in an Indian bank. The bank account number is mandatory for you to continue with the registration process. That is all you need to get started as an IDFC FIRST Bank MyFIRST Partner. Anyone from engineers, real estate, sales, and travel agents can participate in the program. You can give the referral on the app, making it even easier.

How to use the IDFC FIRST Bank MyFIRST Partner App?

You can join the referral program by downloading the app and registering for free. Here are the steps that you need to follow:

You can refer and track the loan and savings account application of the customer. The whole process takes no more than a few minutes. You immediately start earning money as a second income with this uniquely crafted opportunity as soon as someone applies for a banking product.

You earn up to 1.5% commission on every referral and easily make as much as ₹1,00,000 per month. More than seven lakh people are already using this app to earn a weekly income. So, keep referring as many times as you want and earn more money. This is one of the best tips to earn money without too much effort.

First-Partner

Extra Income Ideas

1. Referral Program: Convince your friends, family, neighbours, and colleagues to take a personal loan. You can earn money without investment. This is available for both short-term and long-term needs. You can now start building your second income with the IDFC FIRST Bank MyFIRST Partner app.

2. Freelancing: This is self-employment where you can be a content writer, web and graphic designer, attorney, accountant, or digital marketer. There is limitless earning potential as you may get clients from around the country and worldwide.

3. Social Media Influencer: Build a follower base and post your content. Pick a particular niche for your target audience. Your reputation will depend on the brands you endorse. Adopt the right plan to create authentic posts.

4. Home Baker: Consider using your free time to check out cake recipes on YouTube. There is always an active market for cakes, cookies, and pastries. You do not need a formal chef or baking course to become a baker.

Frequently Asked Questions

How to make extra income while working full time?

Sign up for a refer and earn program on a bank’s app. It offers up to  1.5% commission on every successful referral. You must refer eligible people and make money from home. Dedicate a few hours each day to balance your full-time job.

How can I earn money online as a student in India?

Students above 18 can start earning money by registering for the IDFC FIRST Bank MyFIRST App. You do not need any specific skillset to begin earning weekly with the IDFC FIRST Bank MyFIRST Partner App.

How to earn money online without investment?

Use your networking and communication skills to identify and convince people about taking a  loan or opening a savings account. Help them through the processes like application, and document verification. That is all. Now you will get your first salary directly into your account.

What can my side hustle be?

Your secondary income can come from teaching, volunteering, or interning at a company or a small business. You can also check out the IDFC FIRST Bank MyFIRST Partner App. It is quick to earn money weekly with no initial investment.

What can I sell to make money?

Sell a personal loan, business loan, loan against property, used car loan, or open a savings account. The referral program has no limits, and you can earn ₹1,00,000 or more, per month. Gather as many friends and acquaintances as possible to boost your income potential and safely make money.

How can students earn passive income?

Participate in a referral program to earn the desired amount of money. Plenty of rewards and recognitions are available with exciting gifts and payments over and above the 1.5% commission. Students can start earning a second income simply by sparing a few hours every day.

How much time does a referral program take?

Signing up for the program takes not more than a few minutes. Spare a few hours daily to handle the referral accounts or talk to prospective applicants. That is all. You do not need any extra time, which makes it quite effortless.

The referral program requires you to dedicate a few hours daily to talk to prospective clients and handle their accounts. Besides networking, you need not spend your time on anything else.

How much can you earn?

A MyFIRST Partner can earn ₹1,00,000 or more per month. The best part is that you get paid weekly. There are no restrictions on the amount, which also helps contribute to your primary income. You can also convert this into a full-time job since it promises a handsome remuneration in the future.

How can I get assistance if I need to understand anything related to the program?

Go to the “Contact Us” section on the IDFC FIRST Bank MyFIRST Partner App to get real-time assistance from the central helpline or your relationship manager.

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