10 Best Bank Affiliate Programs In India

There are lots of great ways to make extra money through bank affiliate programs. Private and public Indian banks have a total of $248 trillion in assets right now.

You can take advantage of this market by promoting credit cards and debit cards or simply by getting people to open a new bank account.

ICICI Bank, SBI, Jupiter, and other Indian banks all have affiliate programs. If you live in India, you can choose from this list of the best bank affiliate programs.

Is Bank a Good Niche for Affiliate Marketing?

Absolutely. Banking is indeed a lucrative niche for affiliate marketing. Here’s why:

You don’t need financial knowledge to promote banks– But you don’t need to know anything about money to promote banks, unlike online trading. Simply select a Bank Affiliate programme that interests you 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 Monetizedeal for free. There are no hidden charges.

You can earn a high amount of profit– There’s no set limit. How many people you successfully promote the bank to will determine your earning potential.

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

Indian’s biggest business bank is the State Bank Of India. Although it was officially set up in 1955, it is owned by the Indian government. The first records of it, though, come from the 1800s. Later, in 1933, SBI went public after taking over the Imperial Bank of India.

In addition to individuals residing in India or elsewhere, SBI also offers loans and advances to corporate rates.

To help people in rural areas, like self-help groups, it also gives out small loans. People who work for public sector companies prefer SBI as their bank.

This bank only offers a few financial services, such as investment banking, brokerage services, asset management, and insurance.

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 the SBI affiliate program, you can earn an affiliate commission of anywhere around INR 10,000 per month. This amount can even increase to INR 12,000 or more, depending upon the number of transactions made through your links.

Commission	INR 1500 per approval
Profit Link Cookie / Session Time	30 Days

2. HDFC

The Reserve Bank of India (RBI) approved HDFC as one of the first private banks in India. HDFC offers its customers a wide range of financial products and services as part of its retail banking services. Additionally, it offers working capital finance and other commercial and transaction banking services to a number of businesses and organizations.

For treasury services, HDFC focuses on foreign exchange and derivatives, local currency money markets, debt securities, and stocks to help businesses manage their financial risks. It was named the best bank 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 INR 10,000 per month. This can even increase to INR 12,000 or more depending on the number of transactions made through their links.

Commission	Earn INR 315 per lead
Profit Link Cookie / Session Time	30 Days

3. ICICI

The World Bank, the Government of India, and Indian representatives came up with the idea for ICICI Bank. It was created in 1955 to help Indian businesses get short- and long-term loans. Early on, as a developmental financial institution, it focused on project finance. It later transformed into a diversified financial services provider that offered a variety of services as a result of the liberalisation. The result was the founding of ICICI Bank in 1994, India’s first bank to be listed on the NSE.

Why Promote ICICI Bank Affiliate Program?

• – Existing credit card holders can refer credit cards to friends and relatives and receive 2,000 bonus points.

• – They 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 INR 8,000 per month. This can even increase to INR 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

Newton’s bank is Jupiter. The Federal Bank is a 100% digital bank, so when you open an account with Jupiter, you are actually opening an account with them.

The Jupiter app is designed to make it easy to handle your money. Creating an account only takes three minutes! You can open a savings account with no balance at Jupiter without paying any additional fees.

Utilize the app to manage your VISA debit card. You can earn a 1% reward on UPI payments and debit cards, and it offers 24/7 customer support.

Why Promote Jupiter Affiliate Program?

• – Customers can get a 100% digital, 0-balance account.

• – You can earn money on the profit generated through your affiliate link.

• – Easy setup of accounts means you can attract customers easily and thus earn more profit.

Earning Potential  

Jupiter affiliates have the potential to earn a profit of approximately INR 8,000 per month, and this amount can increase to INR 9,000 or more, depending on the number of transactions made through their referral links.

Commission	Earn INR 400 On App Download & First Transaction 1% Cashback on Debit Card
Profit Link Cookie / Session Time	30 Days

5. IDFC

At IDFC First Bank, we believe in creating products that prioritize customer satisfaction. We were the first universal bank to offer credit cards with low APR rates that remain free for life, monthly interest credits on savings accounts, and other innovative features.

The bank emerged from the merger of IDFC Bank and Capital First, a leading technology NBFC. IDFC First Bank serves customers in 30,000 villages, cities, and towns, boasting a total loan portfolio of 30 million.

With over 50 benefits provided by IDFC First Bank, you can easily open a savings account online, enjoy a superior digital banking experience, and live your best life.

Why to Promote IDFC First Bank Affiliate Program?

• – Customers can get INR 3000 assured vouchers for their favorite brands within 30 days.

• – Refer to the MyFIRST Partner App and earn profits on referrals.

• – The 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 increase to INR 12,000 or more, depending on 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

In 1994, Axis Bank got started. It’s now India’s third-biggest bank. Customers from large and mid-sized corporations, small and medium-sized businesses, farmers, and retail stores can all access a wide range of financial services.

Beyond its 4,758 branches, Axis Bank has a total of 5,972 cash recyclers and ATMs. In places like Singapore, Hong Kong, Colombo, Shanghai, Dhaka, Dubai, and Abu Dhabi, it has 11 international offices.

The bank has grown steadily. As of the 31st of March 2022, its balance sheet stands at INR 11,75,178 Cr.

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 1500 profit per sale by promoting Axis Flipkart Credit Card on Monetizedeal.

Applicants will get INR 500 cashback on Flipkart, a flat 15 percent off on the 1st Myntra transaction, etc., by promoting Axis Flipkart Credit Card.

Earning Potential  

By joining the Axis Bank affiliate program, one can earn a profit of anywhere around INR 10,000 per month. This can even increase to INR 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

One of the top financial services conglomerates in India is Kotak Mahindra Group, which offers competitive rates. Its main company, Kotak Mahindra Finance Ltd., obtained a banking license from the RBI in 2003, making it India’s first non-banking finance company to become a bank. The Kotak Mahindra Group’s net worth stands at $2.6 billion, and its total balance sheet starts at 1 lakh crore. Individuals and businesses can utilize the Group’s services in commercial banking, stockbroking, mutual funds, life insurance, and investment banking. Their online banking business is called Kotak 811, offering everything you need for simple money management. Earn a commission on each new app installation by joining the Kotak 811 affiliate program.

Why Promote Kotak Mahindra Bank Affiliate Program?

• – Kotak 811 helps customers open a zero-balance account.

• – It provides digital banking services, including facilities such as video KYC savings accounts, mobile apps, net banking services, and more.

• – Earn a 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 amount can increase to INR 5,000 or more, depending on the number of transactions made through their links.

Commission	Earn INR 96 per install
Profit Link Cookie / Session Time	30 Days

8. IndusInd

IndusInd is a universal bank with more than 2.5 crore customers. Srichand P. Hinduja started it in 1994. The name ‘Indusland’ originates from the Indus Valley civilization.

IndusInd Bank currently operates more than 2,000 branches nationwide and offers a variety of products and services to both individuals and businesses, including microloans, personal loans, vehicle and commercial finance loans, credit cards, and SME loans.

They have also established partnerships with numerous government agencies, public sector undertakings, and major corporations. Sustainability serves as a guiding principle in all their endeavors.

Why Promote IndusInd Bank Affiliate Program?

• – You can refer your NRI friends and family and earn an 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% off 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 the IndusInd Bank affiliate program, you can earn a profit of anywhere around INR 4,000 per month. This can even increase to INR 5,000 or more depending on the number of transactions made through your links.

Commission	Earn INR 240-280 per lead
Profit Link Cookie / Session Time	30 Days

9. Citibank

Citibank opened for business in 1902. It is one of the best-known banks in the country, with a total of 42 locations. In the 1960s, Citibank entered the credit card market and offered credit cards for a variety of needs.

Their services include keeping assets safe, lending money, collecting debts, and going to the capital markets on their clients’ behalf.

Citibank is a worldwide bank that helps people in over 200 cities and countries. It was named the Digital Bank of the Year in the Asia-Pacific region in 2022.

Why Promote Citibank Affiliate Program?

• – Earn up to INR 9,999 on credit card referrals.

• – 100% 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 INR 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

Corporate and Institutional Banking, Commercial Banking, Branch and Business Banking, Retail Assets, and Treasury and Financial Market Operations are the five areas in which RBL, a private sector bank, offers financial services. It originated in Mumbai and was previously known as Ratnakar Bank.

RBL Bank is listed on the New York Stock Exchange and the Bombay Stock Exchange. With more than 2 million customers, it was recently recognized as India’s best bank for 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 cardholders can get a 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 amount can increase to INR 5,000 or more, depending on the number of transactions made through their links.

Commission	Earn INR 262- 315 per lead
Profit Link Cookie / Session Time	120 Days

FAQs

Q. What is a Bank affiliate?

A bank affiliate is someone who promotes a bank by sharing links and earning a commission in return. This can involve the promotion of credit cards, debit cards, or the opening of savings accounts. Almost anyone can become a bank affiliate, as it requires no qualifications or specific skills.

Q. Do banks offer affiliate programs?

Yes, popular banks offer affiliate programs to attract new customers. These include the SBI affiliate program, Yesbank Affiliate program, and Axis Bank Affiliate program, among many others.

Q. Which bank is best for affiliate marketing?

Citibank is considered the best bank for affiliate marketing. Citibank affiliates can earn a profit of anywhere around INR 5,000 per month. This figure can even increase to Rs. 9,000 or more, depending on the number of transactions made through their links.