To sell financial products in India, you don't need to be a certified accountant or professional advisor. With the help of your smartphone and leading fintech applications like GroMo, you can generate revenue by selling financial products online. You only need to download the application from the play store and register as a GroMo partner. By successfully becoming a GroMo partner, you can access multiple financial products that you can refer to various people and earn money online. GroMo enables you to make money uniquely. You can make money by selling financial products using the GroMo application without actually selling these products. All you need to do is refer financial products to others, and you will receive a commission on every successful sale from your referrals.

However, there are certain things that you should keep in mind before selling financial products to your potential customers. GroMo partners must ensure that the product they are referring to its potential customer should be appropriate and aligned with the customer's demands. It will motivate your potential customers to buy the product, which will benefit you. More successful conversions would help generate more commissions, thus, more revenue. Whenever you refer a financial product to any potential customer, you must ensure that it drives your customers towards big banks and financial institutions.

List of Products That You Can Sell Over GroMo

There are multiple product categories that you can sell using the GroMo application—ranging from Insurance, Credit cards, Savings Accounts, Demat Accounts, Investments, Loans, and Lines of Credit. Below are financial products from each category that you can sell using the GroMo application and earn money. The list of financial products is as follows:

Insurance

There are several insurance products that you can sell and earn using the GroMo application. From car insurance to 2-wheeler and commercial vehicles, GroMo provides insurance for your every need. You need to submit your customer details to get the best possible insurance plan for your customer. Apart from vehicle insurance, you can also sell health, investment, group, CORONA, and other insurance plans using the GroMo application to potential customers. Just enter the customer details on the GroMo application, and you will receive the best insurance plan accordingly.

Credit Cards

The GroMo mobile application enables you to earn by selling multiple credit cards. There are many credit cards available over the GroMo application that you can refer to potential customers. These credit cards belong to various banks and carry different associated earnings. The credit cards that are available on the official GroMo application are as follows:

Axis Bank Credit Card

You can refer credit cards by Axis Bank and would be liable to receive earnings on every successful sale. If someone buys an Axis bank credit card from your referral, you can earn INR 2250 on every successful sale. Earlier, GroMo limited this amount to INR 2000, but now you can make INR 2250 on every successful Axis Bank credit card sale.

AU Small Finance Bank Credit Card

AU Small Finance Bank credit cards can help you earn money through the GroMo mobile application. Refer AU small finance bank credit cards to multiple people and earn a commission of INR 1800 on every successful conversion. Numerous privileges come along with an AU Small Finance Bank credit card. You can use these benefits to refer this credit card to people and earn a commission.

IndusInd Credit Card

IndusInd Bank credit cards are another form of financial product that you can sell using the GroMo application. You earn a commission of INR 3000 on every successful sale of an IndusInd Bank credit card. GroMo set the commission to INR 2200, but it was later increased to INR 3000 on every successful credit card sale.

IDFC First Credit Card

IDFC First credit cards are available on the GroMo application that you can refer to potential customers to earn commissions on a successful sale. These are lifetime-free credit cards by IDFC First Bank that people love. However, for every successful conversion, you will receive a commission of INR 2050. GroMo used to offer a commission of INR 1700 on the successful sale of IDFC First credit cards. However, it was later upscaled to INR 2050.

Savings Account

For every successful savings account opening, you can receive a commission. However, the commission amount depends on the type of savings account and varies from one bank to another. Some of the shared savings bank accounts are as follows:

Kotak 811 Savings Account

For every successful Kotak 811 savings account opening, you can receive a commission of INR 310. GroMo set this commission at INR 200, which later improved to INR 310.

Jupiter Money Account

GroMo offers a commission of INR 600 on every successful Jupiter Money savings account opening. Moreover, there should be a debit card transaction of INR 500 within 15 days of opening the account to receive your commission successfully.

YES Bank Savings Account

YES Bank savings account can help you earn a commission of up to INR 350 for every successful account opening from your referral. With account opening, there should also be the first deposit entry to generate your commission.

AXIS Bank Savings Account

You can help potential customers by referring fully digital Axis bank savings accounts to them. If any customer opens Axis bank savings account from your referral. You can earn a commission of up to INR 750.

AU Savings Bank Account

GroMo offers a commission of INR 350 on every successful account opening of an AU Savings bank account. After successfully opening the bank account, the account holder must deposit at least INR 1000 within 30 days. This way, you would be successfully able to receive your commission.

NiyoX Digital Savings Account

Successfully sell the NiyoX Digital savings account through the GroMo mobile application and earn a commission of INR 140. You can sell this NiyoX Digital bank savings account to potential customers as a zero-balance digital account to make your commission amount.

DEMAT Account

The list of Demat Accounts that you can sell using the GroMo application is as follows:

Bajaj Securities Demat Account

You can refer potential customers to open a Bajaj Securities Demat Account and start their trading journey. For every Bajaj Securities Demat Account opened, you will earn a commission of INR 400. However, it is essential to understand that there should be a minimum trade of INR 100 within the same month.

Paytm Money Demat Account

By sharing the referral link, you can sell a Paytm Money Demat Account using the GroMo mobile application. Whenever someone opens a Paytm Money Demat Account from that link, you will receive a commission of INR 400. The first trade should be of a minimum of INR 1000 to receive your commission.

Edelweiss Demat Account

Similarly, there is an Edelweiss Demat Account that you can refer to within and outside your social circle. For every successful conversion, GroMo offers you a commission of INR 500. The account holder should open the Demat account from your referral link and deposit a minimum of INR 5000.

mStock Demat Account

GroMo enables you to sell mStock Demat accounts using their mobile application platform. For every successful sale, you will receive a commission of INR 450. Sell and earn by opening mStock Demat accounts for potential customers.

ICICI Direct Demat Account

Sell ICICI Direct Demat Accounts to potential customers through the GroMo mobile application platform and earn a commission of up to INR 400. However, the account holder should make a trade of at least INR 100 within seven days.

Investment

With the help of the GroMo mobile application, you can cater to various people's investment needs. There are multiple investment plans that you can refer to and help individuals in achieving their financial goals. Some of the standard investment plans that you can guide through GroMo are as follows:

Kotak Cherry

GroMo enables you to sell Kotak cherry investment plans and earn a commission of INR 500. Kotak cherry provides a platform that allows you to invest like a professional.

Funds India Mutual Funds

Investment plans also include mutual funds such as Funds India mutual funds. You can sell these mutual funds to earn a commission of INR 500. However, you will only make the commission when the account holder successfully registers and invests using this mutual funds account for the first time.

Loan

The variety of Loans that you can sell over the GroMo application are as follows:

InstaMoney Account

You can sell this loan account and earn a commission of INR 100 from loan disbursals of customers.

IndiaLends Personal Loans

With the help of the GroMo mobile application, you can sell and earn a commission of 2.5% on successfully selling IndiaLends personal loans.

CREDIT

GroMo offers this unique credit category of financial products you can sell and earn a commission. The list of financial products in this category is as follows:

Freecharge Pay Later Account

Sell a Freecharge Pay Later Account and earn a commission of INR 450. You will receive your commission instantly after opening the Freecharge Pay later account.

Bajaj Finserv Insta EMI Card

Sell a Bajaj Finserv Insta EMI Card and earn commissions of INR 250. Refer these Insta EMI cards to potential customers and earn your commission on every successful sale.

Conclusion

Above is a list of all the types of products that you can sell using the GroMo mobile application. You only need to download the GroMo application on your smartphone and register to become a GroMo partner. The registration process is also simple, and you can register by using your bank account details and essential KYC documents such as your Aadhaar and PAN card. So, what are you waiting for? Download the GroMo application TODAY!