A personal finance affiliate program is a kind of referral marketing program. In this case, you need to educate people about the personal loans offered by the bank running this campaign. When a borrower shows interest in the loan, you must help the individual apply for it and submit the necessary documents.
With every successful loan disbursal, you can receive a percentage of the loan amount as monetary compensation for your referral service. A top personal loan referral program in India is the IDFC FIRST Bank MyFIRST Partner Program. Let’s learn about the benefits of joining such a trusted personal loan affiliate program.
- High referral money
Let’s use the IDFC FIRST Bank MyFIRST Partner Program as an example. If you can successfully encourage a borrower to apply for a personal loan from the bank, you can get 1.5% of the loan amount as an impressive payout. If you keep performing well, you can earn over ₹50,000 monthly.
The money you earn from your referral services can help you fund a side business, a trip, your sibling’s education, the medical expenses of ageing parents and various other needs.
- Weekly payouts
Every week, you can earn money by referring personal loans from IDFC FIRST Bank. You will have the payouts credited to your bank account directly for ease of withdrawal.
- 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
- Great rewards
The personal finance affiliate program rewards you in various ways if you perform brilliantly at the zonal, regional, national or branch level. These rewards include electronic gadgets, cash bonuses and more.
- Simple eligibility
You must be an Indian citizen above 18 years of age and hold an account in an Indian bank to qualify for this referral program. The simple eligibility criteria allow professionals as well as students to earn money by referring loans.
- Flexible working hours
There are no fixed timings or work hours for this program. You can dedicate your time to this referral service whenever you’re available. Just make sure to put in strategic efforts to boost your performance.
- Simple digital process
You need to perform a few simple steps as follows once you find someone willing to apply for a personal loan from IDFC FIRST Bank:
- Download the IDFC FIRST Bank MyFIRST Partner App
- Upload your photograph
- Upload all the required documents and personal details of the borrower
- Provide your bank account details to get payouts
- Verify the received OTP to complete the registration process
Once registered for the personal finance affiliate program, you can start generating leads.
- No investments
You need not make any investments to join this referral marketing business. You must have a smartphone and a stable internet connection to earn money by referring.
Wait no longer and download a trusted loan referral app like the IDFC FIRST Bank MyFIRST Partner App today to earn money online from anywhere or while travelling. You can even encourage your friends to join this program. At present, over 6 Lac+ partners are associated with the programme and reaping its benefits. Start today!