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An increasing number of women today are looking to build a second source of income for coping with inflation and surging expenses. Today, more and more women are entering India's workforce as compared to the scenario a few years back taking their first step towards financial independence. An additional income stream helps a salaried or self-employed woman plan her future better and achieve her dreams. With IDFC FIRST Bank’s MyFIRST Partner Referral Program, women can start earning a passive income from home without any prior investment!
Zero investment, uncapped earnings
Weekly commission paid directly to your bank account
Quick disbursement with zero physical documentation
Dedicated support through relationship manager & central helpline
Track your cases directly on the app
Opportunity to work directly with IDFC FIRST Bank and participate in recognition programs
Side Hustles for Women
You can choose from a range of options to earn a passive income. You could take a part-time job, or start working on freelance projects as a data analyst, digital marketer, affiliate etc. Another way of generating a second income stream is via a referral program. The terms of work are highly flexible and far less time-consuming compared to other part-time jobs.
What is a Referral Program?
A referral program, such as the one you can sign up for on the IDFC FIRST Bank MyFIRST Partner App, enables you to earn extra by helping people apply for loans and savings accounts. It is a great source of a side income for women, which helps you hone your communication and interpersonal skills. Upon disbursal of the loan amount, you stand to receive regular payments. You can earn a passive income from anywhere through referrals to potential beneficiaries on the Refer and Earn app.
Women can benefit from this program in different ways:
You will receive payments for bringing referrals and helping individuals acquire loans or apply for savings accounts as a MyFIRST Partner. When the referral successfully onboards, you can earn 1.5% commission on every referral. You also stand to earn over and above the 1.5% commission.
It's possible to earn more than Rs.1,00,000 per month through IDFC FIRST Bank MyFIRST Partner program. With such a lucrative opportunity, it is no surprise that over seven lakh individuals across the country have joined this program.
There are several types of work that women can do to make extra money—creating an online blog, starting a YouTube channel, etc. Personal initiatives like these can help build a passive income. However, it takes both time and your hard-earned capital to get started.
On the other hand, a referral program like IDFC FIRST Bank MyFIRST Partner, offers you a chance to make some easy money with zero investments. You only need to download the refer and earn app and register for free to start earning a passive income.
As a MyFIRST Partner, your work would involve looking for potential referrals, pursuing leads and finally, helping them apply for a savings account or loan based on their requirements. Once this process is completed, you would receive a weekly payout directly into your bank account.
With such benefits on offer, being a MyFIRST Partner is undoubtedly one of the best ways of earning a passive income. The refer and earn app facility makes registering referrals quite a seamless experience.
You can join the referral program by downloading the app and registering for free. Here are the steps that you need to follow:
Step 1
Download the MyFIRST Partner App
Step 2
Register using PAN, Address proof, and Bank details
Step 3
Sign-up and get your digital ID instantly
Step 4
Refer and track loan application of your customer
What are the Rewards that Women get in the IDFC FIRST Bank MyFIRST Partner Program?
Apart from the regular payout that you earn on each referral, after four successive achievement levels you'll be recognised as part of the Champions League. Moreover, cool merchandise and gadgets are on offer as rewards for performing well at various levels.
Becoming a MyFIRST Partner is easy. You can do it by signing up on the IDFC FIRST Bank MyFIRST Partner App.
Anyone looking for a side hustle can become a MyFIRST Partner to start making extra money with this referral program.
The exciting feature of this side hustle for women is that your income remains uncapped. So, there's no limit to how much money you can earn. Your earnings depend entirely on your performance. The more referrals you bring, the higher your income will be.
You can easily do it on the side and between daily chores or even on your commute to work. Because of its flexibility, it does not get in the way of your daily schedule.
To enrol in the referral program, you just need to:
Yes, this program allows women to devote as much time as they want and increase their earnings without any limit.
Visit 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.