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There is a simple way in which students can make money at home without joining a 9-to-5 job. That is a referral marketing program. It is like an online job from home without investment. Here, you need to encourage people to buy the product that is being marketed in the campaign. When a person makes a purchase through your referral, you can earn a percentage of the sale in the form of monetary compensation.
Here is how a referral program acts as an online earning avenue for students.
How Can Students Register for a Referral Marketing Program?
Let’s explain with the help of an example of a personal loan affiliate program. A leading referral marketing program is IDFC FIRST Bank MyFIRST Partner Program. To be a part of this program, you need to educate people about personal loans offered by IDFC FIRST Bank. Once a borrower shows interest in applying for the loan, you need to collect and upload the person’s documents to enable the loan’s disbursal.
Here are the steps to do that:
- Collect the necessary documents (like identity and address proofs) of the borrower.
- Download IDFC FIRST Bank MyFIRST Partner App.
- Upload your photo.
- Upload the collected documents and required personal details of the borrower.
- Type in your bank account details to get payouts.
- Once you receive an OTP from the bank, verify it to complete your registration procedure.
Immediately after being registered, you can start to generate leads. With every successful loan disbursal, you can earn 1.5% of the loan amount as a commission. Thus, this program can serve as an online job to earn money from home.
Why Can Students Join a Referral Marketing Program?
You don’t need any qualifications to join a referral marketing program like IDFC FIRST Bank MyFIRST Partner Program. Therefore, such a program is suitable for even students. The eligibility criteria are simple as follows:
- You need to be an Indian resident
- You should be 18+ years old
- You must hold an account in an Indian bank
The easy eligibility criteria make the program a convenient online earning job for students.
Benefits of a Referral Marketing Program
If you join a top referral program like that of IDFC FIRST Bank, you can enjoy the following benefits:
- High referral money: You can earn more than ₹50,000 in a month if you keep performing consistently.
- Weekly payouts: The payouts are made weekly directly to your bank account so you can withdraw them easily anytime you want.
- Attractive rewards: If your performance is exceptionally well at the national, regional, zonal and/or branch levels, you can win exciting rewards like cash prizes and electronic gadgets.
Without further ado, consider downloading the best money-earning app for Android devices such as IDFC FIRST Bank MyFIRST Partner App. The income you generate using this app can help you pay utility bills, rent, education fees and other kinds of expenses too. You can earn from the comfort of your home, with flexible working hours, without infringing on your study time.