A personal loan affiliate program in India is one of the easiest ways to earn money online. Educate people about the various personal loan products lenders offer and earn money for every successful referral. When you find an interested borrower, you must help them apply for the loan and submit the necessary documents. Once the loan gets sanctioned to the individual, you can earn a handsome commission.
The IDFC FIRST Bank MyFIRST Partner App offers a similar referral program. Every time a loan gets sanctioned successfully, you can earn 1.5% of the loan amount as a commission. Thus, Yyou can earn more than ₹50,000 every month. What’s best: the payouts are made weekly to ensure regular income.
Besides that, you can also earn attractive rewards like cash prizes and electronic gadgets if you perform exceptionally. At present, over 6 Lac+ partners are associated with the programme and reaping its benefits. Read on to learn more about a personal loan affiliate program in India.
1. Earn secondary income
Being a referral partner of a reputed bank is an excellent way to generate side income. If you perform well, you can earn an impressive monthly income, which you can accumulate over time to build an emergency fund. It can help you meet urgent cash needs like medical exigency. Also, you can use the money to open a side business, finance a long-awaited trip or even support your financial dependents like parents.
2. One app, many uses
You can refer Personal Loans, Used car loan, Loan against property & Business loans. So, it is a consolidated app for multiple products to refer
3. Completely digital process
A modern referral process is digitised. For instance, if you download the IDFC FIRST Bank MyFIRST Partner App, you must upload the necessary documents and details of the interested borrower. Also mention your bank account details to get payouts. After verifying an OTP sent by the bank, you can complete your registration process. Once a MyFIRST loan application is approved, you can get your commission instantly.
4. Flexibility to work from anywhere
If you opt for a digital referral program, you can enjoy the flexibility to work at any place. So, you can work from home or even when travelling. There are no hard and fast rules.
5. Saves time
Strategic efforts for a few hours daily are enough when working on the referral app. So, you can get enough time for it even after working for your primary job. That way, you can keep your primary job intact to make this referral program an additional income source.
6. No strict requirements
A personal loan affiliate program in India, like the IDFC FIRST Bank MyFIRST Partner Program, has simple eligibility criteria. You must be an Indian citizen, over 18 years old, and hold an account in any Indian bank.
Join a trusted personal loan affiliate program like the IDFC FIRST Bank MyFIRST Partner Program and earn an additional income online without making any investments!