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SALES INCENTIVE STRUCTURE

(W.e.f. 1stJuly 2014)

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RM Credit : Segment wise

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PRODUCTIVITY INCENTIVE

REVENUE INCENTIVE

*AOD= Account Opening Date

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Total Productivity or Cost justification = Equity Credit+ Commodity Credit + Currency Credit+ SB

Credit.Credits would be considered if the client registers in the particular segment and gives margin also in

that segment.

If a client registers for multiple segment and gives separate margin cheques also, credits would be

added (e.g. If an account is opened with 50,000 margin in FO and 25,000 in Commodity, the total

credit at RE level would be 3000 + 2000 = 5000).

Incremental is the difference between achieved productivity and 1X.Collateral Margin/Deposit would be considered after applicable hair cut, If collateral received in

clients Demat A/c than 25% credit would be considered. And if received in Pledge account 50%

credit would be considered.Nil credit for Illiquid Stocks

Cash margin and collateral margin should be received and Updated within 25 Days Of A/C opening

Date.

Pay out of cash margin or stock margin to other DP within a 25 day from the first credit date wouldnot be consider.

Highest amount up to the first 3 cheques or first 3 transfers to / receipt of collateral within 25 Days

of A/C opening will be considered for margin calculation.

Cheque deposited more than before 5 days of A/C opening date will not be considered. Margin

received and updated in wrong segment will also not be considered.

In case of Prepaid, credit based on voucher amount as mentioned in the table above will beconsidered and in case if the margin credit is higher than the voucher credit then higher of both would

TERMS & CONDITIONS

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Thank You