CAREER STRUCTURE
(Strictly for Private Circulation)
1st Phase - Jan to June | 2nd Phase - July to Dec. w.e.f. - July-2010 |
Agent Stage | Rank of Co-ordinators | Qualifying Norms for Promotion | Incentive payable under Scheme A,B,C,D Respectively (Products under schemes may be revised from time to time) | Special Achievements (as per the performance in previous phase) | Maximum Limit of Reimbursement of Conveyance per Month after Being promoted. (as per the performance in previous phase) |
01 | Jr. Co-ordinator | Mode (1) Collection of Rs. 7500/- if it is under Scheme A & B (non-life) Mode (2) Collection of Rs. 15,000/- from any Scheme of combination of all schemes. | 15%, 12%, 8%, 5% | ||
02 | Co-ordinator | Promotion of 4 Jr. Co-ordinators. | 3%, 2.5%, 2.5%, 0.50% | Rs. 300/- subject to conditions under clause 3, 4, 7, 8 | |
03 | Co-ordinator-I | 2.5 times collection of Co-ordinator | 2.5%, 2%, 1%, 0.25% | Rs. 400/- and Rs. 100/- extra per Promotee in excess of 4 Promotee and as per clause 7, 8 | |
04 | Co-ordinator-II | 2 times collection of Co-ordinator-I | 2%, 1.5%, 0.75%, 0.25% | 2 wheeler (value not exceeding Rs. 30000/-completing 5 lacs in Co-I rank and as per clause 4(a). | Rs. 800/- and Rs. 200/- extra per Promotee in excess of 3 Promotees and as per clause 7,8 |
05 | Co-ordinator-III | 2.25 times collection of Co-ordinator-II | 1.5%, 0.75%, 0.50%, 0.25% | 2 wheeler (value not exceeding Rs. 30000/-) on 4 times collection of target quota for Co-II rank, As per clause 4(a), 5 | Rs. 1,200/- and Rs. 300/- extra per Promotee in excess of 2 Promotees and as per clause 7, 8 |
06 | Co-ordinator-IV | 2.22 times collection of Co-ordinator-III | 1%, 0.50%, 0.50%, 0.20% | Special Incentive of Rs. 25000/- for development. & 2 wheeler (value not exceeding Rs. 30000/-) on 4 times collection of target quota for Co-III | Rs. 2000/- and as per clause 7, 8 |
07 | Co-ordinator-V | 2 times collection of Co-ordinator-IV | 0.75%, 0.50%,0.50%, 0.20% | Special incentive of Rs. 25000/- for development. & 2 wheeler (value not exceeding Rs. 30000/-) on 4 times collection of target quota for Co-IV rank. As per clause 4(a), 5Special incentive of Rs. 25000/- for development. & 2 wheeler (value not exceeding Rs. 30000/-) on 4 times collection of target | Rs. 2500/- and as per clause 7, 8 |
08 | Co-ordinator-VI | 1.67 times collection of Co-ordinator-V | 0.50%, 0.50%, 0.50%, 0.20% | Special incentive of Rs. 25000/- for development on promotion. & 2 wheeler (value not exceed Rs. 30000/-). As per clause 6 OR one 2 wheeler (value not exceeding Rs. 30000/-) on 2 times collection of target quota for Co-V rank. As per clause 6 OR one BAJAJ PULSAR (value not exceeding Rs. 60000/-) on 4 times collection of target quota for Co-V rank. As per clause 6 | Rs. 3000/- and as per clause 7, 8 |
09 | Co-ordinator-VII | 1.7 times collection of Co-ordinator-VI | 0.50%, 0.50%, 0.50%, 0.15% | Special Incentive of Rs. 25000/- for development. | Rs. 3500/- and as per clause 7, 8 |
10 | Co-ordinator-VIII | 1.65 times collection of Co-ordinator-VII | 0.50%, 0.50%, 0.50%, 0.15% | Special incentive of Rs. 25000/- for development. | Rs. 4000/- and as per clause 7, 8 |
11 | Co-ordinator-IX | 1.43 times collection of Co-ordinator-VIII | 0.50%, 0.50%, 0.50%, 0.15% | Special incentive of Rs. 25000/- for development. | Rs. 4500/- and as per clause 7, 8 |
12 | Co-ordinator-X | 1.25 times collection of Co-ordinator-IX | 0.50%, 0.50%, 0.50%, 0.10% | Special incentive of Rs. 50000/- for development. | Rs. 5000/- and as per clause 7, 8 |
13 | Co-ordinator-XI | 1.2 times collection of Co-ordinator-X | 0.50%, 0.50%, 0.50%, 0.10% | Special incentive of Rs. 50000/- for development. | Rs. 5500/- and as per clause 7, 8 |
14 | Co-ordinator-XII | 1.33 times collection of Co-ordinator-XI | 0.50%, 0.50%, 0.50%, 0.10% | Special incentive of Rs. 50000/- for development. & 4 - wheeler (value not exceeding Rs. 2 Lacs) | Rs. 6000/- and as per clause 7, 8 |
