How can Women benefit from Referral Programs?
Women can benefit from this program in different ways:
- A passive income can help women meet financial goals such as paying for home renovation or buying a new car or a gadget.
- A side hustle can help women become more financially stable, as they would no longer need to depend completely on a fixed compensation.
- The extra money can create savings and investments and retire earlier.
- You can use the money earned through the referral program to create an emergency fund. This money can be used to pay medical bills or get urgent vehicle or house repairs done.
What is the additional income a Woman will earn through Referral Program?
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.
Is Referral Program easy money for Women?
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.
How does the IDFC FIRST Bank MyFIRST Partner Program work?
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.