Finance

Students, take note! Here’s how you can earn money from home

Students, like everyone else, have their own set of expenses. However, as they have no formal source of income they may find it difficult to manage their expenses. Fortunately, digital platforms offer convenient ways of earning real money through affiliate programs and referral apps.

As a student, you can earn money by referring products and services from the comfort of your home without compromising your studies. Listed below are various ways of earning money online for students.

How can students earn money online?

There are several ways students can earn real money online. Starting a YouTube channel, selling stock photos, blogging, and participating in affiliate programs are a few ways to earn money for students. Among these options, affiliate and referral programs are the most convenient and cost-effective.

Earn money with zero investment through referral programs. In addition, you can work in your free time without compromising on your studies. Register for an affiliate or referral program and promote products and services among your peers to earn regular income. It’s that easy!

What is a referral program?

A referral program is a method of promoting a product or a service in your network to earn money. In other words, you act as a bridge between the service provider and consumer and introduce a service or a product to your peers. You earn money on every successful closure of services once your referral avails them.

Referral apps and affiliate programs are easy ways to earn money from home for students. They must participate in a referral program by downloading the app and registering for free. Subsequently, they must promote the product and collect as many referrals as possible. Working consistently, you can earn a significant amount to meet your daily expenses and build corpora too.

Best online earning apps for students

Several institutions offer referral programs for students to earn money online conveniently. Among those, IDFC FIRST Bank MyFIRST Partner Program is one of the best referral programs that allows one to make more than ₹50,000 a month through personal loan referrals. You need to register on the refer-and-earn app for free to begin earning money.

The eligibility criteria are lenient and straightforward. You must be an Indian citizen above 18 years of age and hold an active bank account.

Once registered, you can start referring personal loans to your peers. You earn a 1.5% payout of the sanctioned loan on every successful referral. The best part is receiving weekly payouts directly in your bank account. In addition to regular payments, consistent performers also get gadgets and cash incentives as additional perks.

How to register for the IDFC FIRST Bank MyFIRST Partner App?

Registration for the IDFC FIRST Bank MyFIRST Partner App is quick and convenient. Download the MyFIRST Partner App from the Play Store and register for free using your PAN, address, and bank details. After uploading the required documents (PAN, Aadhaar, bank details), you can instantly sign up and retrieve your digital ID.

Once successfully registered, you can start referring personal loans to your peers who require urgent funds and earn real money online. There are no limits on referrals; you can refer personal loans to your family, friends, colleagues, and acquaintances.

Referral programs are easy online money for students, requiring only a couple of hours daily to build their network and refer personal loans. They can conveniently manage their studies and earn a considerable monthly income. If you are a student looking for a side income online, the IDFC FIRST Bank MyFIRST Partner Program is the most suitable option to earn money from home.

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