Loan

How to earn over ₹3,000 daily by referring people for loans

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Money-making opportunities are growing as more industries go digital. With an Internet connection and a smartphone, you can earn a sustainable daily and monthly income while working from home. IDFC FIRST Bank’s My FIRST Partner app presents one of the easiest ways of supplementing your income. Read on to know how the app is helping thousands of individuals earn over ₹3,000 daily.

What is the My FIRST Partner app?

The My FIRST Partner app is an IDFC FIRST Bank product that helps you refer and earn. The app offers personal loans, for which you can refer your contacts who need money. If their application succeeds, you will earn a commission.

It is one of the best real money earning apps to download. The app has some amazing features, like weekly payouts, which help you make money regularly. Furthermore, you can start earning without investing your money, and there is no cap on the amount of money you can earn either.

How much can you earn from the My FIRST Partner app?

There is no limit to the amount of money you can earn through the My FIRST Partner app. You will get paid for every successful referral. Also, there is no penalty for unsuccessful referrals as applications can be rejected because of the applicant’s credit profile or eligibility.

How are your earnings calculated?

Earnings are calculated for every successful referral. Every time your referral receives the loan, you get a commission percentage of the loan amount.

Let us understand this using an example. Assume you referred your friend for a personal loan of ₹2 lakhs. Your friend completes the application process and submits their details to IDFC FIRST Bank. If the bank approves your friend’s loan, you will receive a commission of 1.5% of the loan amount.

Since the approved loan amount is ₹2 lakh in our example, your commission will be ₹3000. If you do this every day and your referrals are successful, you can easily earn ₹3000. In fact, you can earn even more if the loan amount is high, or the number of referrals is more than one.

Why choose the My FIRST Partner app?

The My FIRST Partner app is a unique money-making solution because it is one of the only applications backed by a reputed institution. Most apps you find on the Internet are either fraud or run by sketchy organisations.

IDFC FIRST Bank, meanwhile, is one of the biggest banks in the country. The My FIRST Partner app is the bank’s flagship refer and earn program, so you can trust it for earning money. Additionally, the app is packed with unique features like weekly payouts, a dedicated relationship manager, and a technical support team.

Making money through referrals has never been this easy. Make the best out of your free time by using the My FIRST Partner app for referring people for personal loans.

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