Gone are the days when housewives could not be financially independent. Nowadays, they are often working women and can take care of their expenses. What’s best, they can even generate income from the comfort of their home if they choose a suitable kind of work. An example of that is a personal loan affiliate program in India.
It is a kind of referral program where you need to verbally spread the word about the personal loans being offered by a lender and encourage people to borrow them. When the loan is sanctioned to someone through your referral, you get a part of the loan amount as a commission.
Let’s see why this kind of program is suitable for housewives and what it involves.
Why Is a Personal Loan Affiliate Program Suitable for Housewives?
- No Qualifications Are Needed: You don’t need to have any qualifications to be a referral partner. This can help to financially empower housewives who don’t have a very good educational background but have the potential to look after their own monetary needs.
- Eligibility Criteria Are Simple: You don’t need to meet too many criteria to qualify to join a referral program. You just have to be a citizen of India more than 18 years old and hold an account in an Indian bank. This makes it easy for housewives to be eligible for the program.
- The Whole Process Is Digitised: A modern personal loan affiliate program in India is completely digitised. From uploading the documents of an interested borrower to registering yourself for the program, you can do everything on the referral app associated with the program. So, housewives don’t have to visit any office and can do everything right on their phone at their home.
- No Investments Are Required: You need not make any investment to be a referral partner. This is also helpful for housewives, especially those who don’t have any earnings.
- Working Hours Are Flexible: There are no fixed working hours in this kind of program. This is also useful for housewives. Whenever they are free after doing household chores, they can work on this program.
What to Do in a Personal Loan Affiliate Program?
A top personal loan affiliate program is IDFC FIRST Bank MyFIRST Partner Program. To be a loan partner of IDFC FIRST Bank, you need to help an interested borrower submit a MyFIRST loan application.
Here are the steps to follow:
- Download IDFC FIRST Bank MyFIRST Partner App
- Upload your photo
- Upload the required personal details and documents (identity and address proofs) of the borrower
- Provide your bank details to get payouts
- Verify the received OTP to get yourself registered
After this, you can start generating leads immediately. With every successful loan disbursal, you can earn 1.5% of the loan amount as a commission. Thus, you can get an opportunity to earn over ₹50,000 monthly. Plus, by performing brilliantly and consistently, you can win cash rewards, electronic gadgets and other prizes.
Go ahead and download a leading referral app like IDFC FIRST Bank MyFIRST Partner App today to be a financially empowered housewife.