What is a loan referral program?

A loan referral program is a scheme offered by financial institutions where existing customers can refer friends, family, or acquaintances to apply for a loan. If the referral results in a successful loan approval, the referrer may receive a reward or benefit.

How do I refer someone to the Loan Referral Program?

You can refer someone to the Loan Referral program by sharing your unique referral link or code with the potential borrower, or by submitting the borrower's contact information through the lender's referral portal, if one exists. Always check with your lender for the specific process.

What types of loans can be referred through the Loan Referral Program?

The types of loans that can be referred will depend on the lender's offerings. This could include personal loans, home mortgages, business loans, car loans, or education loans. Be sure to check with the specific Loan Referral Program for eligible loan products.

Are there any eligibility criteria for participating in a loan referral program?

Eligibility criteria may differ between institutions, but typically, participants must be existing customers of the lending institution. Some programs may have additional requirements, such as a minimum account balance or a good standing with the institution.

What kind of rewards can I earn from the Loan Referral Program?

Rewards can vary widely and might include cash bonuses, gift cards, points, reduced fees on products or services, or other incentives. Check the referral program details for the specific rewards offered.

What should participants consider before referring someone for a loan?

Before referring someone for a loan, participants should ensure that the potential borrower is aware of the referral and is comfortable with sharing their contact details with the lending institution. It's also important to understand the terms and conditions of the referral program.

What if my referral applies for a loan, but gets rejected?

Unfortunately, if your referral does not qualify for a loan following the lender’s criteria, you will not receive a referral reward. The lender’s decision is final and not subject to appeal.

Loan Referral Program

Looking to earn money by referring people for loans? Whether it's a business loan, loan against property, home loan, working capital loan, or more, you can find the best loan apps referral programs listed here. If you're a DSA, banker, CA, or anyone interested in earning through loan referrals, you can find all the best loan referral programs here.

Stashfin

average rating is 3 out of 5

Earn rewards with Stashfin refer and earn program using Stashfin referral code AGBCCJGA. Get up to ₹300 in StashCash per successful referral.

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Bajaj Housing Finance

average rating is 3 out of 5

Earn up to Rs. 10,000 in rewards by referring friends and family for a Bajaj Housing Finance Home Loan. Join Bajaj Housing Finance Customer Referral Program today.

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Citi Bank Home Loan

average rating is 3 out of 5

Join Citi Bank's Home Loan Referral Program and earn up to Rs 75,000 for every successful home loan referral. Refer someone today and enjoy the benefits!

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MyFIRST Partner

average rating is 3 out of 5

Join the MyFIRST Partner Referral Program for free using referral code (7030698241), and earn up to 50,000 Rs per month by referring personal loans. Earn a flat 1.5% per disbursal on every referral.

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Crunchfinn

average rating is 2 out of 5

Join Crunchfinn's Refer & Earn program. Get a fantastic ₹2,500 for each successful Crunchfinn's referral. Rewards increase to ₹3,000 after your 5th referral.

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Upwards

average rating is 2 out of 5

Refer personal loan with Upwards and earn up to ₹9999 in rewards! Get your family and friends to apply for a loan and enjoy the benefits.

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PNB Housing Finance

average rating is 2 out of 5

Get gift vouchers of up to ₹10,000 by referring someone for a PNB Housing loan. Participate in the PNB Housing Loan Refer and Earn program now.

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DMI Housing Finance

average rating is 2 out of 5

Refer a friend for a home loan with DMI Housing Finance and earn rewards! Join our referral program today to earn up to ₹15,000 in vouchers.

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ICICI Home Finance

average rating is 2 out of 5

Start earning rewards with ICICI Home Finance Refer and Earn program! Refer individuals for loans and get ₹5,000 e-gift vouchers for each successful referral.

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