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What are the Challenges a Financial Advisor Would Face in Earning Money?
Financial advisors must have a robust client base. Advisors must manage client demands, stay abreast with the latest financial laws and regulations, be extremely analytical and rational and provide meticulous information.
Further, they must be highly accurate with family risk management, client cash flow, business planning and investment management. Even the smallest error can lead to dangerous consequences. A financial advisor referral program is a risk-free, hassle-free, and quick way to earn money. Financial advisors can enjoy uncapped earnings via the IDFC FIRST Bank MyFIRST Referral Program from the comfort of their home.
Is Referral Program Easy Money for Financial Advisors?
Yes, a referral program helps you earn money without any investment by simply dedicating a few hours daily. As a financial advisor, you can use your networking skills and further hone them by helping someone from your contacts who needs a personal loan. You can talk to them about their association with IDFC FIRST Bank, help them fill out the application, verify their documents, and apply for the loan.
This helps you earn a weekly payout credited directly to your bank account. Now you can fulfil your goals like a vacation, wedding, or educational expenses. You do not have to touch your savings or liquidate your other investments.
About the IDFC FIRST Bank MyFIRST Partner Program
Become a MyFIRST Partner in just a few steps. Download the IDFC FIRST Bank MyFIRST Partner App and register yourself. Now, you can earn money by referring eligible people for a personal loan, business loans, used car loans, loans against property, and savings account. There is a dedicated relationship manager and mentor with a central helpline who can offer dedicated support throughout.
This program includes branch, regional, zonal, and national contests. You can earn a whole lot of exciting gifts, merchandise, and cash prizes over above the 1.5% commission. Any Indian citizen above 18 with a savings account with any Indian bank is eligible to apply.
How Does the IDFC FIRST Bank MyFIRST Partner Program Work?
Referral marketing for financial advisors is a breeze since the process is digitised. Look for leads that might be interested in a personal loan and other banking products. Now let them know why they work with a particular bank and encourage them to proceed with the loan application. In return, you will earn up to 1.5% commission on successful referrals.
Apply with digital images of your PAN card, Aadhaar card, bank details, and GSTIN details to get started in five minutes. Sign up to get your digital ID instantly to benefit from the incredible referral program. Earn as much as you wish to without an upper limit. A crisis such as a medical emergency is now less likely to derail your financial stability.
