Can you apply for loans via affiliate programs using referral services apps

If you wish to earn money through a high-paying referral program, the one that requires you to refer personal loans has a higher chance of being profitable. Several people across India opt for personal loans to meet a financial goal or bring themselves out of a financial crisis. Reports from earlier this year suggest that personal loan origination in India doubled in value to over ₹ 1.47 lakh crore in December 2021.

Indians avail themselves of personal loans to celebrate festivals, finance a family marriage, take a vacation, etc. Hence, referring a personal loan to people is a profitable business.

How to earn from high-paying referral programs?

High paying referral programs such as IDFC FIRST Bank’s MyFIRST Partner unsecured loan affiliate program help people refer their friends and acquaintances who need a personal loan to the bank and get compensated in return. Most high-paying referral programs do this through an app of their own.

To be eligible for IDFC FIRST Bank’s unsecured loan affiliate program, you must be an Indian citizen, at least 18 years old, and have a bank account in an Indian bank. The best way to earn from high-paying referral programs is by constantly working on growing your network and by improving your interpersonal skills.

How to opt for referral services or register as a partner?

Different referral services have different ways of onboarding individuals as partners. As for IDFC FIRST Bank’s MyFIRST Partner referral services, it can be done via the MyFIRST Partner app. You can download this app from the Play Store and register yourself to avail of our referral services.

How do unsecured loan affiliate programs work?

A partner registered for an unsecured loan affiliate program refers a friend or acquaintance to an unsecured loan offered by a bank or an NBFC (Non-Banking Financial Corporation) in return for compensation offered by the bank or NBFC. IDFC FIRST Bank’s unsecured loan affiliate program is a loan affiliate program in which the program partners refer people in the need of loans, to IDFC FIRST Bank.

Which is the best loan affiliate program in India?

IDFC FIRST Bank’s MyFIRST Partner loan affiliate program is a strong contender to be the best personal loan affiliate program since it allows people to participate in the program as partners. Moreover, the money earning through this loan affiliate program can go over ₹ 50,000 per month, depending on your network size and interpersonal skills.

Also, you do not need to make any investment to get started. These features make IDFC FIRST Bank’s MyFIRST Partner referral program one of India’s best personal loan affiliate programs.

If the idea of rendering referral services and earning an income as compensation excites you, follow these steps to get started today:

  • Download the MyFIRST Partner app.
  • Register yourself
  • Help people avail personal loans
  • Get weekly payouts in your bank account on disbursals