Bank Affiliate Programs are a great way to earn additional income. At present, the total assets of Indian banks including the private and public sectors, stand at $248 trillion. By promoting credit cards and debit cards or by simply encouraging people to open a new bank account, you can capitalize on this industry. Several Indian banks have affiliate programs, such as ICICI Bank Affiliate Program, the SBI Affiliate program, the Jupiter Affiliate program, and so on. Here is a list of top Bank Affiliate programs in India that you can choose from.
Is Bank a Good Niche for Affiliate Marketing?
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Definitely. Banking is a good niche for Affiliate Marketing. This is because:
- You don’t need financial knowledge to promote banks- Unlike Online trading, you don’t need any financial knowledge to promote banks. Just select a Bank Affiliate program of your choice and share the profit link with potential customers
- You don’t need to invest anything- You can sign up with an Affiliate Marketing platform like EarnKaro for free. There are no hidden charges.
- You can earn a high amount of profit- There is no set limit. Your earnings will depend upon how many people you successfully promote the bank to.
- It is an easy way to earn money online- you can do this work in the comfort of your home. At max, it is going to take you 15 minutes.
List of Top 10 Bank Affiliate Programs in India
1. SBI
State Bank Of India is India’s largest commercial bank. It is owned by the Indian government and was formally established in the year 1955. However, its origin can be traced back to the 19th century. SBI took over the Imperial Bank of India and later went public in 1933. SBI offers loans and advances to corporates as well as individuals living in India or elsewhere. It also provides microfinancing to rural entities such as self-help groups. SBI is the preferred bank by the public sector corporations. Investment banking, brokerage services, asset management, and insurance are the few financial services provided by this bank.
Why Promote SBI Affiliate Program?
- Get to promote the no.1 commercial bank in India
- Earn a high amount of profit by promoting SBI
- Promote one of the most reliable banks in the country
Earning Potential
By joining SBI affiliate program you can earn can earn a affiliate commission of anywhere around Rs. 10,000 per month. This can even increase to Rs. 12,000 or more depending upon the number of transactions made through their links.
| Commission | INR 1500 per approval |
| Profit Link Cookie / Session Time | 30 Days |
2. HDFC
HDFC is a leading private bank in India and one of the 1st banks to be approved by RBI. Under its retail banking services, HDFC offers a diverse range of financial products to its customers. It also offers commercial and transactional banking services to several businesses and organizations, including working capital finance. Under treasury services, HDFC helps businesses to manage financial risks by putting the focus on foreign exchange and derivatives, local currency money markets, debt securities, and equities. It has received an award as the outstanding company among banks in India.
Why Promote HDFC Affiliate Program?
- Provides retailer banking services, wholesale banking, and treasury services
- Refer your friends and get gift vouchers of up to INR 50,000 as a loan customer
- Earn profit on every sale through your affiliate link
Earning Potential
HDFC affiliates can earn a profit of anywhere around Rs. 10,000 per month. This can even increase to Rs. 12,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 315 per lead |
| Profit Link Cookie / Session Time | 30 Days |
3. ICICI
ICICI bank was the initiative of the World Bank, GOI, and the Indian representatives. It was formed in1955 to provide medium-term and long-term financing to Indian businesses. Until the 1980s, it was focused on project finance as a developmental financial institution. Later on, with the liberalization, it transformed itself into a diversified financial services provider that offered a variety of services. ICICI Bank thus came into being in 1994. It is the 1st Indian bank to be listed on NSE.
Why Promote ICICI Bank Affiliate Program?
- Existing credit card holders can refer credit cards to friends and relatives and get 2,000 bonus points
- Can earn a maximum of INR 10,000 points under the referral program
- Become an ICICI Affiliate Marketer with an Affiliate Marketing platform and earn a profit on every lead
Earning Potential
ICICI bank affiliates can earn a profit of anywhere around Rs. 8,000 per month. This can even increase to Rs. 9,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 420 per lead |
| Profit Link Cookie / Session Time | 30 Days |
4. Jupiter
Jupiter is a neo bank. This means when you are opening an account with Jupiter, you are opening an account with The Federal Bank, which is 100% digital. The Jupiter app is designed to make managing money easy. You can open your account in 3 minutes! Jupiter allows you to create a 0-balance savings account free of any hidden charges. You can control your VISA debit card with the app. It provides 24/7 customer support and even helps you to gain a 1% reward on UPI payments and debit cards.
Why Promote Jupiter Affiliate Program?
- Customers can get a 100% digital 0 balance account
- You can earn money on the profit earned through your affiliate link
- Easy set up of accounts means you can attract customers easily and thus earn more profit
Earning Potential
Jupiter affiliates can earn a profit of anywhere around Rs. 8,000 per month. This can even increase to Rs. 9,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 400 On App Download & First Transaction 1% Cashback on Debit Card |
| Profit Link Cookie / Session Time | 30 Days |
5. IDFC
IDFC First Bank believes in providing customer-first products. It was the first universal bank to offer monthly interest credit on savings accounts, lifetime free credit cards with dynamic and low APR rates, etc. The bank came into existence with the merger of Erstwhile IDFC Bank and leading technology NBFC, Capital First. In total, IDFC First Bank has provided 30 million loans and serves customers in 30,000 villages, cities, and towns. You can easily open your savings account online and can get a superior digital banking experience and maximize your lifestyle with 50+ benefits provided by IDFC First Bank.
Why to Promote IDFC First Bank Affiliate Program?
- Customers can get INR 3000 assured vouchers on their favourite brands within 30 days.
- Refer MyFIRST Partner App and earn profits on referrals
- IDFC First personal loan referral app allows you to send as many referrals as you want
Earning Potential
IDFC First Bank affiliates can earn a profit of anywhere around INR 10,000 per month. This can even increase to Rs. 12,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 500 Profit on Approval of IDFC First Credit Card |
| Profit Link Cookie / Session Time | 30 Days |
6. Axis
Axis Bank started running its operations in 1994. Today, it is the 3rd largest bank in India. It provides a whole range of financial services to customers from large and Mid-Corporates, MSMEs, and Agriculture to Retail Businesses. Axis Bank has over 4,758 branches with a total of ATMs & 5,972 cash recyclers. It has 11 international offices in countries such as Singapore, Hong Kong, Colombo, Shanghai, Dhaka, Dubai, and Abu Dhabi The bank has achieved consistent growth. Its balance sheet stands at INR. 11,75,178 crores as of 31st March 2022.
Why to Promote Axis Bank Affiliate Program?
- Remit money offers INR 500 in cash points for every referral. Both you and your friend will get INR 500 in cash points each.
- Earn INR I500 profit per sale by promoting Axis Flipkart Credit Card on EarnKaro
- Applicants will get INR 500 cashback on Flipkart, a Flat 15 per cent off on 1st Myntra transaction, etc by promoting Axis Flipkart Credit Card.
Earning Potential
By Joining Axis bank affiliate program, one can earn a profit of anywhere around INR 10,000 per month. This can even increase to Rs. 12,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 412 per lead |
| Profit Link Cookie / Session Time | 30 Days |
7. Kotak
Kotak Mahindra Group is 1 of the leading financial services conglomerates in India. In 2003, its flagship company Kotak Mahindra Finance Ltd., received a banking license from the RBI. Thus, it became the 1st non-banking finance company to become a bank in India. The total balance sheet of Kotak Mahindra Group starts at 1 lakh crore, and the net worth of the Group stands at $ 2.6 billion. The Group provides commercial banking, stock broking, mutual funds, life insurance, and investment banking services to individuals and the corporate sector. Kotak 811 is their online banking venture. It offers everything you need for easy money management. You can easily join Kotak 811 affiliate program and earn a commission on every new app install.
Why Promote Kotak Mahindra Bank Affiliate Program?
- Kotak 811 helps customers to open a 0 balance account
- Provides digital banking services, including the facilities such as video KYC saving accounts, mobile apps, net banking services, and so on
- Earn profit on every sale through your affiliate link
Earning Potential
Axis Bank affiliates can earn a profit of anywhere around INR 2,000 per month. This can even increase to Rs. 5,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 96 per install |
| Profit Link Cookie / Session Time | 30 Days |
8. IndusInd
The IndusInd bank is a universal bank with over 2.5 crore customers. It was established in 1994 by Srichand P Hinduja. Its name ‘Indusland’ has been taken from the Indus valley civilization. Today IndusInd Bank has over 2000 branches across the country and offers a variety of products and services to individuals and corporations, including microfinance, personal loans, personal and commercial vehicle loans, credit cards, and SME loans. They have also partnered with several Government entities, PSUs, and large corporations. It values sustainability as its key principle in all its dealings.
Why Promote IndusInd Bank Affiliate Program?
- You can refer your NRI friends and family and earn INR 250 Amazon Voucher
- Customers who open a savings account will get a 4.5 % interest rate along with free 3 months Times Prime membership, 10 % on Big Basket, and a 20 % discount on Swiggy
- IndusInd affiliates can earn money on every customer they bring in through your affiliate link
Earning Potential
By joining IndusInd Bank affiliate program you can earn a profit of anywhere around INR 4,000 per month. This can even increase to Rs. 5,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 240-280 per lead |
| Profit Link Cookie / Session Time | 30 Days |
9. Citibank
Citibank was established in 1902. It is one of the most well-known banks and has a total of 42 branches in the country. Citibank entered the credit card business in the 1960s and offered credit cards that suit different lifestyles. They offer services such as safeguarding assets, lending money, making payments, and accessing the capital markets on behalf of their clients. Citibank is a global bank that connects people across hundreds of countries and cities. In 2022 it will be known as the digital bank of the year in the Asia Pacific.
Why Promote Citibank Affiliate Program?
- Earn up to INR 9,999 on credit card referrals
- 100 per cent additional cashback on every referral
- Get to promote the digital bank of the year
Earning Potential
Citibank affiliates can earn a profit of anywhere around INR 5,000 per month. This can even increase to Rs. 9,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 3750 per lead |
| Profit Link Cookie / Session Time | 120 Days |
10. RBL
RBL is a private sector bank that offers financial services under 5 areas, namely, Corporate and Institutional Banking, Commercial Banking, Branch and Business Banking, Retail Assets, and Treasury and Financial Market Operations. . It was earlier known as Ratnakar Bank and is headquartered in Mumbai. RBL Bank is listed on both New York Stock Exchange and Bombay Stock Exchange. At present, it has over 2 million customers and has been rated as India’s best bank- growth in the mid-size bank segment by A Business Today and KPMG Study.
Why Promote RBL Bank Affiliate Program?
- Join the NRI referral program and earn money
- Promote RBL bank as an affiliate and earn money per sale
- RBL credit card holders can get an INR 1000 gift voucher from Amazon, Myntra, Croma & ShoppersStop
Earning Potential
IndusInd Bank affiliates can earn a profit of anywhere around INR 4,000 per month. This can even increase to Rs. 5,000 or more depending upon the number of transactions made through their links.
| Commission | Earn INR 262- 315 per lead |
| Profit Link Cookie / Session Time | 120 Days |
FAQs
What is a Bank affiliate?
A bank affiliate is someone who promotes a bank by sharing links and earning a commission in return for it. This can be the promotion of credit cards, debit cards, or opening a savings account. Almost anyone can become a bank affiliate. It requires no qualifications or skills.
Do banks offer affiliate programs?
Yes. Popular banks offer affiliate programs to gain new customers. This includes the SBI affiliate program, Yesbank Affiliate program, and Axis Bank Affiliate program, among many others.
Which bank is best for affiliate marketing?
Citibank is the best bank for affiliate marketing. Citibank affiliates can earn a profit of anywhere around INR 5,000 per month. This can even increase to Rs. 9,000 or more depending upon the number of transactions made through their links.
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Nice post on banking affiliate program
Thanks!