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How Does the Referral Program Help Beginners Earn Extra Money?
The IDFC FIRST Bank MyFIRST Partner Program helps create passive income streams for beginners. With this, freshers can have a side gig that enables them to earn some extra money. Under this referral program, you earn a payout for bringing referrals and helping them apply for loans.
Also, there is no upper limit to how much extra money you can earn. Your rewards depend on your performance.
The program lets beginners earn a passive income with no money. If you perform well during the champions league, you will be recognised first as Branch, Regional, Zonal, or National Champion based on your performance. There are cool merchandise and gadgets as rewards for winners at every level.
Referral Payout Structure
The IDFC FIRST Bank MyFIRST Partner Referral Program initiates payments every week. On every successful referral, you receive 1.5% commission which is transferred to your bank account directly. During the contest season, you can earn over and above the 1.5% commission. This way, you can earn more than ₹1,00,000 per month. More than seven lakh people are already using the IDFC FIRST Bank MyFIRST Partner Referral Program.
Why use the IDFC FIRST Bank MyFIRST Partner Program?
Beginners can easily earn a passive income by referring their contacts who need loans or wish to open a savings account. The IDFC FIRST Bank MyFIRST Partner App is easy to download and completely free to register. Your work involves bringing referrals by following leads and helping them with the application process. On successful referral, you will receive your payment directly into your bank account. The extra money can come in handy in several ways:
Build a career: Beginners can use this passive income opportunity to move ahead in their careers by registering for an advanced course or diploma.
Fulfil financial goals: A passive income will help realise financial goals sooner, such as buying a new car, doing a home renovation, paying for a gadget, etc.
Financial stability: Creating passive income for beginners is the key to becoming financially more stable. This means you can finally create an emergency fund or a fixed deposit and inch towards investment.
Self-finance your needs and wants: Many beginners often look to achieve a level of financial independence where they don't have to rely on funds from family or parents or don't want EMIs to eat into their hard-earned money. A side income can address both issues.
