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You can find several ways to make money online, and some prominent ones are eCommerce, sales, agencies, and influencers. Most of them require a lot of investment. Nevertheless, the earn money applications like the MyFIRST Partner App help you gain money without investment. The app allows you to associate IDFC FIRST Bank as a referral partner and refer family and friends for personal loans. You will get money for every successful referral.
To help you have an additional income through MyFIRST Partner App, you need to:
- Register with the MyFIRST Partner app
The first process is to register with the MyFIRST Partner app. The registration process is easy and involves easy to do steps:
Make sure that you are eligible by checking:
- If you are a citizen of India
- Have completed 18 years.
- Live within the service area.
Then fill in the application and provide the documents like Scanned copies of PAN Card, Aadhaar Card or Driver’s License, bank account number, IFSC code, and a photo. You will receive an OTP which you should enter for verification. After verification, you can refer& earn without investments.
- Build your referral network
By building your network, you will have more referrals that will help you earn more money. To create a good referral network, you can use the word-of-mouth method. This method does not require any investment and is most effective when used among your friends, family, and colleagues at work. Let them know that they can avail the best short-term loans at a lower interest rate from a reputed bank.
- Check the eligibility
Before you apply for a personal loan through the refer and earn app, it is essential to check whether your referral is eligible for the loan. Eligibility for a personal loan is:
- At least 23 years old.
- A citizen as well as a resident of India.
- An employee of an organization.
If all three conditions are satisfied, they are eligible for a personal loan.
- Help apply for a personal loan
After you have confirmed whether they are eligible for a personal loan, you can help them apply for an instant personal loan. Your applicant can get personal loans for various reasons such as for medical emergencies, holidays, education, marriage, the urgent requirement of cash, house renovation, maintenance, etc. You can get the necessary details from them and apply for instant personal loans. In certain cases, you can also get a personal loan without a PAN card.
- Track the status
After applying for a personal loan, you can track the progress and update your referrals. Log in and go to the “In Progress” tab to check how far the application has been processed. As soon as the process is completed and the loan amount is credited to the person’s account, you will get your share of the money.
The refer and earn work is suitable for anyone looking for an additional income without investment. You can follow these steps and get money online using the MyFIRST Partner app.
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