5 simple ways to earn money through networking

Are you looking for an opportunity to bump up your income? You may need extra money to meet seasonal expenses such as repairs to your home or paying off an existing debt. You may also look for an extra income to buy a specific item. With a second source of income, you can easily reach your goal. There are ways to earn money online fast if your steady job isn’t enough to get by. IDFC FIRST Bank offers a personal loan referral program that helps you earn a certain amount of money on every referral converted into a lead. 

If you are good at networking, it can build a regular stream of quality referrals. Through MyFIRST Partner app, you can help people avail personal loans, which are unsecured loans and a popular source of finance for individuals and businesspeople. The digitalization has simplified the entire process of instant loans from application to verification and disbursement. The IDFC FIRST Bank’s new earning app has further helped the process by helping one earn money by building quality referrals.  

You can earn from home in India through MyFIRST Partner app in simple ways like:

1. Without any investment

When it comes to referral programs, you do not require any financial investment. Similarly, you can become a MyFIRST personal loan partner with IDFC FIRST Bank with no investment and physical documentation. By offering exciting monetary compensation and rewards, you are encouraged to refer your family members, friends, neighbours and colleagues for a personal loan. For the purpose, you are required to register with MyFIRST Partner app, which offers user-friendly features to ease the process.    

2. Represent a recognized bank to market its financial products

Most loan referral campaigns adopted by banks and financial institutions ask for spreading a word about them or their product and connect them with potential customers. With IDFC FIRST Bank, you also get an opportunity to represent a credible bank as its instant loan referral partner. This makes it easy for you to present the personal loan products of the bank to people, and to get them interested in them. 

With its unique earn money application, you can help people looking for a personal loan up to Rs. 40 lakhs if they meet the eligibility requirements like being at least 23 years of age, an Indian citizen and resident and employed in a company in India. You know most of your prospective referrals, which makes it easy for you to find those who satisfy the above eligibility criteria.   

3. Earn more by giving more referrals

If you can figure out who can be your quality referrals, you can build them with a successful networking strategy. For that, you need to be interested in people, know more about them, instil confidence in them, let them know that you can be of help to them, make them ask for more information, and assist them in getting what they want. All these can get you high-quality referrals for IDFC FIRST Bank’s personal loan, which can keep you earning money up to Rs 40k per month.  The bank does not have any limit to the number of referrals you provide, as well as the personal loan disbursements. Your earnings depend on how effective you are in getting high-quality referrals. 

4. Offer personal loans for various purposes

A survey by the Reserve Bank of India in 2020 shows that there is a significant increase in the demand for personal loans among individuals. This shows that you won’t find it difficult to get people looking for an instant personal loan. All you have to do is to engage in organic conversations with your known people, which naturally leads to word-of-mouth referrals. 

5. Not much effort required

With the IDFC FIRST Bank’s refer app, you don’t have to put much effort to get referrals and submit personal loan applications. The paperless documentation enables you to upload all the necessary documents without visiting the bank. Moreover, you have a dedicated support team, which takes care of the complete loan process once you have submitted the application form.

Thus, using the best earn from home India app from IDFC FIRST Bank in the above ways, you can have an easy second source of income every month.