People look for an extra money to meet their expenses. They search for sources and ideas to earn money. Banking referrals programs are the most effective form of marketing techniques that help the referral partner to make some extra income.
However, it is a very important to find the right product or service recommendation that are trustworthy. IDFC FIRST Bank’s MyFIRST Partner app is one of the high paying referral programs that provides an opportunity to make extra money
Why refer and earn apps are more effective for making money?
Word of mouth marketing technique is very effective and influence people very fast. When a trusted person suggests you for a personal loan that idea will influence you more. You can utilize this technique to refer people in your contacts and social circles for referral program and make a second source of income.
IDFC FIRST Bank’s MyFIRST Partner refer app gives you a share for each successful referral. The share is fixed for every referral you make, and it will be credited to your account. With this refer-and-earn money app, you can make money online without investment. Here’s how you do it.
- Become a referral partner without any investment
IDFC FIRST Bank’s MyFIRST Partner app requires no investment and is less complicated and rewarding. To become a referral partner, you need to be an account holder of IDFC FIRST Bank and download the app on your mobile and register for the app.
To register for the app, you must provide document such as A photo of yours, ID proof or Aadhar Card, Address Details, name, and Date of Birth. Once you upload the scanned copies of the documents an OTP for verification will be send to the registered mobile. After the verification process, you can become a referral partner right away. You can utilize your contacts and network and find genuine referral such as friends, colleagues, relatives and refer them for personal loan.
- Check eligibility criteria of the loan applicant
To achieve 100 percent success, it is important to check whether they are eligible for the loan. The eligibility for applying a personal loan through the app is:
- The applicant must have completed 23 years old.
- A citizen as well as a resident of India.
- An employee of an organization.
- Check CBIL Score
In addition, they should also provide documents to support the above and the last three months’ bank statement. Assist your client in all stages of the loan application process.
- Follow up the application status
Feedbacks and follow up are very important to gain trust of your customer. You can follow up the loan application status through your log in. Share real-time status of their application with your clients which will build trust and integrity within your circle.
- Get payment every fortnight
Once the loan is allotted, you will get payment and rewards for your referrals credited to your account.
The IDFC FIRST Bank’s MyFIRST Partner app is the highest paying refer and earn app suitable for students, housewives, professional who wish to have an extra income.