Earn Money from Mobikwik App:- Friends, Mobikwik app is a digital wallet and payment service provider that provides users with online payment, mobile recharge, bill payment, merchant payment, and financial services facilities. It was launched in India in 2009. However, most of the people use MobiKwik app only for mobile recharge, bill payment or online money transfer. But friends, for your information, let us tell you that there are many such apps in the market. Using which you can earn money online sitting at home. One of which is the most popular MobiKwik app. Which you can use for mobile recharge, bill payment or online money transfer as well as online earning.
In today’s article we will talk about how to earn money from Mobikwik app. Because in today’s digital era, everyone has realized the importance of making online payments. This is the reason why many apps have been launched in the market today for making online payments. Friends, if you are a smartphone user then I can say 100% that you too must be using some app to make online payments. But do you know that you can also earn money by using Mobikwik app. To know, read this article till the end.
What is MobiKwik App?
Friends, Mobikwik app is a very popular online payment app. Which is an Indian digital wallet, payment gateway and financial services provider, which was started in 2009. It is a platform for users through which you can avail financial services like online payment, mobile recharge, bill payment, UPI transfer, and loan.
The best and special thing about Mobikwik app is that if you need money, you can also take a loan here. However, for this you will have to apply online by accepting all the terms and conditions of Mobikwik. Friends, in this app you can earn money through many different ways like making online payment, investing in stock market, investing in FD, refer and earn, earning money by investing in Mobikwik Extra etc.
- Digital Wallet: Users can store money in their wallet and use it for transactions.
- UPI Service: Facility of payment and transfer directly from bank account by creating UPI ID.
- Mobile Recharge & Bill Payment: Online payment of bills of mobile, DTH, electricity, water, gas etc.
- Credit and Loan: Users can avail services like “MPay Later” and Personal Loan.
- Insurance and Investments: MobiKwik also offers insurance plans and mutual fund investment options.
- Offers and Cashback: Discounts and cashback on payments at various merchants.
How does Mobikwik App work?
Friends, if you use Google Pay, PhonePe, or Paytm UPI for mobile recharge, bill payment or online money transfer, then it will be very easy for you to understand how the Mobikwik app works. Let us tell you that Google Pay, PhonePe, or Paytm are UPI payment apps. Similarly, MobiKwik is also a UPI payment app.
The only difference is that compared to these apps, you get to see many ways to earn money in Mobikwik app. Friends, those who are going to use this app for the first time to make any kind of online payment will also not have any problem in using the Mobikwik app. Because here users do not have to make any investment to earn money.
You just have to download this app on your mobile and create an account. After that you will have to complete your KYC for verification. After completing KYC, you will get to see many ways to earn money online. For example, you can also earn money by referring this app to your friends or relatives.
Friends, you can also earn money by investing your money in MobiKwik Extra on FD basis. Rest you can also earn money through mobile recharge, cashback and bill payment etc. But friends, for your information, let us tell you that most of the users of Mobikwik app prefer to invest in Mobikwik Extra. Well, here you can use any method to earn money as per your need. Because here you get interest at the rate of about 14%, you can make this investment starting from just ₹ 1000 up to a maximum of ₹ 2 lakh. In which you can get very good profits.
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Mobikwik App Review?
| App Name | MobiKwik: Bhim UPI & Wallet |
| App Size | 34 MB |
| Category | Online Payment & Recharge |
| Launch Date | 2009 |
| पैसे कमाने के तरीके | More then 5 |
| Payment Method | Bank Account |
| Rating | 4.5 |
| Total Users | 156 Melian |
| Download Link | Click Here |
Ways to Earn Money from Mobikwik App?
Friends, MobiKwik app is a very good option to earn money online sitting at home. Here you get to see many ways to earn money online. Through which you can make your life even better. No matter which field you work in. Friends, here we have told you about some major ways to earn money online from Mobikwik app. By using them you too can earn a good amount of money sitting at your home. Some of the ways to earn money online from Mobikwik app are as follows.
1. Earn money by investing money in Mobikwik Xtra?
Friends, MobiKwik app is a very good option to earn money online sitting at home. Here you get to see many ways to earn money online. Through which you can make your life even better. No matter which field you work in. Friends, here we have told you about some major ways to earn money online from Mobikwik app. By using them you too can earn a good amount of money sitting at your home. Some of the ways to earn money online from Mobikwik app are as follows.
- Mobikwik Xtra gives you the opportunity to invest for short periods (say from 1 day to a few months).
- It invests your money in safe funds to earn interest.
- Investing on Mobikwik Xtra generally gives an annual interest of 10-14%.
- The rate of interest may change from time to time, so check it.
- Your investment can be withdrawn at any time.
- Your money is transferred to the bank account within a few minutes.
- It works with SEBI-registered mutual funds and partners, keeping your money safe.
- You can withdraw the money received from interest whenever you want.
| Interest Rate | Time Period |
| 10% | 1 Month |
| 12% | 3 Months |
| 13% | 1 Year |
| 14% | 2 Year |
2. Earn money by doing FD under Mobikwik?
Friends, Mobikwik now also gives you the option to invest in Fixed Deposit (FD). This option is for those who want to earn stable and guaranteed returns by investing their money in a safe investment option. As you must be aware that if you deposit your money as FD in normal banks, then the bank gives you interest only at the rate of 7% to 8%. However, in Mobikwik FD you will get interest at the rate of 9.2% on investment.
However, it is also worth noting that to get this interest rate, you will have to invest in FD for 5 years. Let us understand how Mobikwik FD works and the interest rates available on it.
| Interest Rate | Time Period |
| 7.59% | 1 Year |
| 7.75% | 1 Year 3 Months |
| 8.05% | 2 Year 6 Months |
| 8.38% | 3 Years |
| 8.42% | 3 Years 6 Months |
| 8.47% | 4 Years 2 Months |
3. Earn money by referring and earning Mobikwik App?
Friends, if you also want to know how to earn money from Mobikwik App or want to earn money online from Mobikwik App, then Refer And Earn is a very good option for you. If you keep using any online earning apps in your mobile then you must know very well the way to refer and earn. However, Mobikwik App is quite different from other apps. Here you can take advantage of Refer And Earn Program in two ways, these methods are as follows.
- Login to Mobikwik app and go to “Refer and Earn” section.
- Here you will find a referral link. Share this link with your friends and family on WhatsApp, Facebook, email, or other social media platforms.
- When a new user downloads the Mobikwik app and signs up using your referral link, it gets tracked.
- The new user completes KYC on Mobikwik and performs a transaction (like recharge, bill payment, or shopping) using the app for the first time.
- When the referred person completes the transaction successfully, you get a fixed cashback (e.g. ₹50-₹100) or reward in Mobikwik wallet.
4. Earn money through Spin The Wheel?
Friends, if you use Mobikwik App. So you can also earn money from the ‘Lucky Spin’ feature on it. By using this you can also win exciting prizes. Apart from this, you also get some coins along with cashback in ‘Lucky Spin’. But you will get all these rewards only when your luck favors you.
In a way you can try your luck on ‘Lucky Spin’. For that, first of all you have to open Mobikwik App on your mobile and then you have to click on the trophy icon visible on the homepage. There you will have to click on the option of Get Started. Then the wheel will start spinning. You will be rewarded depending on which option the wheel stops in front of.
5. Earn money by making bill payments through Mobikwik App?
Through Mobikwik App, you can pay any kind of bill like mobile recharge, electricity bill, gas bill, money transfer, in return you get a good cashback. Friends, you will find many apps in the market through which you can do online money transfer, mobile recharge or pay any bill. But Mobikwik App gives more cashback than other apps.
This is the reason why people are liking it the most these days. Let us tell you that Mobikwik App has been downloaded more than 56 million times on Google Play Store. In this app, cashback ranging from ₹ 10 to ₹ 100 is available per transaction. In simple language, Mobikwik App is an online payment app which provides you real money in the form of cashback.
How to download Mobikwik App?
Friends, if you want to earn money online through MobiKwik app. So first of all you have to download Mobikwik App on your mobile. Friends, you can download this app by going to Google Play Store of Android or Apple. However, for this you have to follow a special procedure. The process of downloading Mobikwik App is as follows.
- Open the Play Store app on your phone.
- Type Mobikwik in the search bar and search. Visit the official website of Mobikwik.
- Identify the Mobikwik app icon (blue logo) and select it.
- Tap on the Install button and wait for the download to complete.
- Once the download is complete, click Open and start using the app.
How to create Mobikwik Account?
Friends, if you also want to know how to earn money from Mobikwik App, then first of all you will have to download Mobikwik App on your mobile and sign up on it. That means you will have to create your account on Mobikwik App. Because friends, to earn money online from any app or website, first of all you have to create an account. So let us now know the process of creating an account on Mobikwik app.
- After installing the app, open it.
- You will find the option of “Sign Up” or “Create Account” on the home screen, tap on it.
- Enter your mobile number, which will be linked to your account.
- Click on “Continue”.
- An OTP (One-Time Password) will come on your mobile number.
- Enter the OTP in the app and click on “Verify”.
- Enter your full name and email ID.
- Set a password (which is secure).
- Click on “Submit” or “Continue”.
- Now your Mobikwik account is ready.
- If you wish, you can complete the KYC (Know Your Customer) process. For this, Aadhar card or other documents will be required.
- Click on “Add Money” option to add money to Mobikwik wallet.
- Can use debit card, credit card, net banking or UPI.
Advantages and Disadvantages of Mobikwik App?
Mobikwik is a digital wallet and payment platform that offers a wide range of services. Following are its advantages and disadvantages.
Friends, first of all we are going to tell you the benefits of Mobikwik App which are as follows.
- Tasks like recharge, bill payment, money transfer, and shopping can be done in a matter of seconds.
- The interface of the app is user-friendly and easy.
- Mobikwik uses state-of-the-art technologies for data security.
- UPI and other transactions remain secure.
- Various cashback and discount offers are available on recharge, bill payment, and shopping.
- One platform for services like mobile recharge, DTH recharge, electricity bill payment, gas bill, and online shopping.
- After completing KYC, the wallet limit increases, allowing you to do larger transactions.
- Mobikwik has also introduced features like digital loans, which are useful for urgent needs.
- Mobikwik can be used with Uber, IRCTC, and other partner apps.
Friends, you also see some disadvantages of Mobikwik App which are as follows.
- Some services (e.g., adding money to wallet from credit card) are charged additional fees.
- Without KYC, there are limits on wallet balance and transactions.
- Mobikwik is not accepted everywhere, especially at small retail stores.
- Internet connection is required to use the app.
- The transaction may fail if there is a network problem.
- To earn money from investing in Mobikwik app, you must have extra money.
Conclusion
Friends, Mobikwik app is a user-friendly digital platform, which provides payment, financial services, and credit facilities. This app not only makes payments fast and secure, but also provides services like cashback, loans, insurance, and investments to the users. And also provides the facility of earning money online for its consumers. Friends, we hope you enjoyed reading about how to earn money from Mobikwik app.
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