Genuine refer and earn apps exist which help you generate a secondary income without the need for any investments. You simply need to dedicate a few hours daily to the referral program and put in strategic and consistent efforts. Before that, you might wonder how such an app works or what its top features are. So, here’s a quick look.
How Does a Genuine Refer and Earn App Work?
A top and genuine refer and earn app is IDFC FIRST Bank MyFIRST Partner App. It lets you earn a side income by spreading awareness about personal loans from IDFC FIRST Bank. For this, you need not make any investments. You just have to refer the bank’s personal loans to people. When a borrower shows interest, you need to help the person apply for the loan by getting their documents verified through the app.
The loan amount varies from ₹20,000 to ₹1 Cr! The repayment tenure ranges from 6 months to 60 months. To apply for the loan, the borrower only needs to be an Indian resident above 23 years old and live in a serviceable location.
Interested applicants can use a personal loan for various needs, such as:
- Medical emergency
- Wedding expenses
- Foreign vacation
- Purchasing a vehicle
- Opening a small business
After a loan is disbursed to a referral, you can receive a percentage of the loan amount as a payout. As you refer and earn persistently, you can generate an impressive additional income over time.
Main Features of a Genuine Refer and Earn App
Easy Onboarding and Lenient Eligibility: You just need to download the IDFC FIRST Bank MyFIRST Partner App from Google Play Store to join the referral program. Once this is done, you can then register for free. You are eligible to apply for the program if you are an Indian citizen above 18 years old and hold a bank account with any bank in India. Therefore, the program is convenient for students, homemakers, advisors, teachers, and other professionals to earn money easily online.
Earn High Referral Money: As one of the highest-paying referral apps, IDFC FIRST Bank MyFIRST Partner App will pay you 1.5% of the loan amount disbursed to your referral. By performing consistently, you can earn over ₹50,000 monthly using this app.
Weekly Payouts: A great feature of this referral program is that you can get weekly income from it. Moreover, the funds are credited directly to your bank account, so you can withdraw them hassle-free.
Attractive Rewards: Apart from regular payouts, you can also enjoy great rewards for excellent performance at the national, zonal, regional and branch levels. The rewards include electronic gadgets, cash prizes and so on!
So, go ahead and download the IDFC FIRST Bank MyFIRST Partner App, one of the highest-paying referral apps in India. Since it’s an online referral program, you can work on it anytime, anywhere, such as right from the comfort of your home or while travelling. You can use the extra income to open a side business or even send money to your parents.