The extensive use of the Internet has revolutionized everything we do. We can carry out a variety of tasks sitting at home or traveling. Businesses use the Internet and mobile technology to promote their products or service through referral marketing. They help people earn money by getting referrals for their products. Anyone can earn from home in India without any investment through money-earning apps.
Housewives can use their skills as a source of income online. If you are good at building a network of people and winning their trust, you have the opportunity to earn more than 50K online. Most organizations, including banks, want to increase their client base and they give an opportunity to people to refer their friends or relatives for a product or service.
If you are a housewife looking for a chance to start a home-based business, you can through a personal loan referral program offered by IDFC FIRST Bank. You can join the program free for earning money online without investment through the MyFIRST Partner App. Using the app, you help the people you know get personal loans to meet a financial urgency.
Here are some ways to use the MyFIRST Partner App to work from home for a housewife. They are:
1. Download and register with MyFIRST Partner App
You need to become a personal loan referral partner of IDFC FIRST Bank to utilize the opportunity to work from home for a housewife. All you need to do is to download the MyFIRST Partner app and register your name with it. It asks you to fill out your personal details such as your full name, address, date of birth, contact number, and bank account details. You are also required to upload certain documents like copies of your PAN Card, Aadhaar Card, and passport-size photograph for verification.
The verification process is complete when you receive and verify the OTP sent to your mobile phone.
2. Find people who look for financial assistance
You need to spend time networking to know the people in your circle who are looking for a personal loan. You don’t need to put much effort here; instead, you have to engage in a conversation with your family members or friends and tell your experience about the benefits of a personal loan for individuals offered by IDFC FIRST Bank. Some of them worth mentioning are instant loans up to Rs. 40 lakhs, lowest interest rates, low processing fee, and quick processing.
Most people you know are likely to trust you, and you can easily refer them if they meet the eligibility requirements of the loan.
3. Fill in and submit the loan application
Once you have identified the referrals, the next step is to log on to the MyFIRST Partner app and fill out the instant loan application form. You have to submit the completed application with the supporting documents such as a copy of a PAN Card, Aadhaar Card, Voter’s ID, or driving license, and the last three months’ bank statement. The chances of approving the loan application depending on how far the applicant has met the requirements.
4. Track the loan application status
The loan application submitted online is processed immediately. A relationship manager in the support team will contact the customer and process the application until the approval and disbursement of the loan amount. You can know the status of all the applications submitted on the app by clicking on the ‘In Progress’ option.
5. Get paid after the loan amount disbursement
Your bank account will be credited with the amount as an incentive after the disbursement of the loan amount. Thus, you get paid on each disbursal of the loan amount, and there is no limit to the number of referrals you can make.
The personal loan referral programs have gained much significance today because they give an opportunity to work for housewives.