People have turned to the Internet more than ever since the pandemic. It has given opportunities for people to make money online without any investment.
A majority of people are looking for extra income for some security. You can find numerous ways of making money online. This blog will help you know the best method of earning money online without investment. An affiliate or a referral program is a great way to have an additional or extra income for agents, students, part-time job seekers, and entrepreneurs. With refer and earn apps, you can build wealth, and they are generic ways to earn money with or without investment from home.
IDFC FIRST Bank offers you an online opportunity to earn money more than 50K every month. Through its unique MyFIRST Partner App, you can become a referral loan partner and market its personal loan products. The referral partner app offers a tremendous opportunity to earn money online without investment for students, who want to improve their marketing and money-management skills. Here are some top tips to help you earn more money.
1. Join IDFC FIRST Bank as its personal loan partner
Like any other refer and earn apps, you need to download IDFC FIRST Bank’s MyFIRST Partner app and join the program. For that, you need to go through a simple registration process, which includes:
Step 1: Meeting the eligibility criteria by:
- Being at least 18 years old or above
- Being a citizen of India
- Living in a serviceable location
Step 2: Having the necessary documents like a PAN Card and Aadhaar Card, Voter’s ID, or Driver’s License.
Step 3: Having a bank account in your name
Also, furnish your bank account number, IFSC code, and GSTIN, if you have one.
Step 4: Uploading your recent passport-size photo and the digital copy of your PAN Card
Step 5: Filling out your personal details like the full name, date of birth, mobile number, email address, PAN Card and Aadhaar Card details, bank account details, and GSTIN
Step 6: Providing your present address and supporting it with a scanned copy of your Aadhaar Card, Voter’s ID, or Driver’s License
Step 7: Completing the verification process through an OTP received on your mobile phone.
There it is! You are a referral loan partner of IDFC FIRST Bank.
2. Build your social network
With a referral app, you can work from home without any investment. However, it requires you to get more referrals, which is a key to your success. Building a good referral network asks for tracking and generating more referrals.
Once you have them, you can easily find prospective customers looking for a suitable personal loan. Sharing the benefits of IDFC FIRST Bank’s personal loan products and your experiences acquiring an instant loan can help your referrals make an informed decision.
3. Ensure that your referrals meet eligibility requirements for loans
Take advantage of sourcing referrals from your social circle by checking and ensuring their eligibility for a personal loan. For that, you need to make sure that they are:
- 23 years old and above
- A citizen and a resident of India
- Employed in an organization
Further, they should have supporting documents to prove their eligibility, which include digital copies of a PAN Card, Aadhaar Card, and the last three months’ bank statement.
4. Use the MyFIRST Partner App to provide maximum service
With the MyFIRST Partner App, you can help prospective customers to apply for a suitable personal loan and track the progress of the loan applications on the “In Progress” tab. On the successful processing of the application, the amount is credited to the customer’s account. You get a certain percentage of the approved amount as compensation.
To earn money online without any investment is easy if you sign up for a referral partner program on a genuine app like the MyFIRST Partner app from IDFC FIRST Bank.
