The idea of earning money in a short-cut process may intrigue you. Although you work honestly in your field, the passion for generating passive income more speedily is why you are reading this post. Here, you will learn about the best refer-and-earn application to receive additional money without hassle. So, let’s begin presenting the money making apps in India one by one in the given points:
1. IDFC FIRST Bank
IDFC FIRST Bank lets customers earn significant income without any investment. Sign up hassle-free through a digital mode on the MyFIRST Partner app. To get cash rewards, you need to participate in the referral process. Soon after you enrol your name, you become a referral partner.
Start earning money by referring loan policies and financial instruments to your friends and family. With each successful referral, you can get a 1.5% payout in your bank account through this online earning app. It’s a straightforward and seamless payment method that eliminates unnecessary intermediaries. What it does is ensure your earned rewards are transacted quickly.
2. Groww
One of the best digital investment platforms, Groww lets users invest in stocks, mutual funds, and other financial instruments. It features an intuitive interface that manages investments. Other features included in the app are portfolio management, real-time market data, and more. With the refer-and-earn program, you have to share the application with others.
If any one of them is activated through the link, the customer receives Rs. 100 rewards as a commission. The amount gets transferred to your Groww wallet. You can either invest the amount in any financial instrument or withdraw the money via a bank. You receive a cash reward each time your referred customer downloads the app via your referred link.
3. PayTM
An ecommerce and Indian digital company, PayTM offers a mobile wallet, bill payments, and other digital payments. The refer-and-earn option provided by this app can hugely satisfy your financial needs. You can earn a maximum of Rs. 10,000 on referrals through this earn money application. Surprisingly, it also offers a bonus for your referred friends or family members.
They get a guaranteed cashback benefit once they make their first money transaction via UPI. To begin the process, press the INVITE option and share the link through Facebook, WhatsApp, SMS, etc. Each time a referred person downloads and completes their first payment, you get a cash reward of Rs. 100.
4. PhonePe
It seems that this Indian digital payment platform brings an intriguing chance for people to earn money by referring. With PhonePe’s referral bonus, customers can earn cashback by referring people to install the app to make money online.
First, you must download the app on your smartphone. Next, you need to tap on the Refer and Earn option. Next, select the communication channel for sending your invites. Finally, choose your known people (contacts) to invite and start earning a commission.
Wrapping up
Earning money is one of the most critical concerns for the millennial generation since they have so many financial responsibilities on their shoulders. So, if you want additional income or start your own business, refer and earn your income with any of the above applications.
