The best personal loan affiliate programs in India

A referral program where you could earn 50k a month or more might be a deal too good to be true. However, a personal loan affiliate program in India can help you make that amount of money online easily and quickly.

Almost all financial institutions and banks let their customers earn money through referral programs. Using their customized app, one can help their family and friends get a personal loan and make money from it. Moreover, anyone can join if they fit the eligibility criteria. If you are new to this program, here are a few things you must know about the IDFC FIRST Bank’s MyFIRST Partner app.

To become a referral partner, you need to join the IDFC FIRST Bank refer a friend program, a.k.a. IDFC FIRST Bank MyFIRST Partner Program. First, you are required to register and create your profile in the app, but before you can do that, there are a few eligibility criteria that you need to fulfill. You must be a citizen of India, above 18 years old, and hold a savings account with any Indian bank. If you satisfy all these criteria, you can enter the following details to register:

• Your Name
• Phone Number
• Aadhaar Card or Voter ID along with your PAN card Number.
• IFSC code and Account number of your savings bank account.
• Email address
• GSTIN (If available).

These details must be accompanied by a digital copy of the required documents. On submitting the required details, the app will verify the information. After the process, you will become a part of the loan referral program. It lets you refer and avail of instant personal loans for your friends and family.

1. Develop your referral network

Developing your referral network is key to earning more money. Since you get paid on every loan disbursement, you need to make sure that more people avail of loans using your referral. Referring your friends, family, and your colleagues who you know well can be a good start since it is easier to talk to them. From this small circle, you can start to build a good network.

1. Share the benefits of instant loans

Availing of personal loans has become easy with the help of various technological developments in the banking sector. The personal loan affiliate program India, introduced by IDFC FIRST Bank, provides loans to cater to a variety of financial needs of the customer. Some of the loans available for customers include travel loans, education loans, medical loans, home renovation loans, etc. You can help your network get loans and enjoy certain benefits during the process. Some of the major benefits are:

• Most documents are submitted digitally
• Time taken for approval is minimum
• Loans up to 40 lakhs
• Processing fees are less
• Lesser interest rates
• The repayment period and schedule are flexible

1. Get paid for every loan disbursement

Being a referral partner, you can earn money on every loan disbursement. The more loans you refer, the more you will earn. You can earn up to 50k each month being a part of this program. The money earned for each referral will be transferred to your account every fortnight.

1. Increase your earnings through incentives and rewards

Along with the referral income, you can also maximize your earnings with the reward mechanic. Under the rewards system, you need to set a target and deadline for achieving that target. If you can reach the target by the set time, you will earn more money apart from the referral compensation.

Earning decent money from the comfort of one’s house has always been a dream for many. As a partner for IDFC FIRST Bank MyFIRST Partner Program, one can make good monies from anywhere and anytime, without sacrificing your current work. Download the app now, increase your network and start earning.