1.I gone through all knowhow about company, system, structures and its process through direction of my introducer (Superior) in BIJOCAP Finvest, which is the financial, insurance, securities, investment, saving and CSC services providing mediator company, a growing brand name as strong and trustworthy portfolio managing advisory links between listed principal companies, listed services provider broking companies, as I also understand that company will give me incentive as on set incentive date as per Fixed / Variable pattern. I understand my profile is to serve user as per user’s need through direct to user process and agency (third party sourcing) process, for promotion there are only clause that I am assuring to the company that I will complete my allotted monthly revenue targets, also I accept that after completion of three months membership in company, I thoroughly know that in FIP pattern the level set revenue grid is 70% weightage of variable incentive grid. Also I am accepting that if I will not deliver any input then there will be no payout will credited by company to me in same month and if I continuously fail to deliver any input in fixed or variable pattern for three month then company have authority to take action from PIP, PEP, Resignation, With or Without Notice Termination and Auto Exit process, Once my membership gets terminated then I can’t join the organization again, there is no rehiring facility available in company.
2.My profile is to serve all listed sales and services and after sales services according to set dealing pattern in respect of government rules and regulations. As an associate I understand that my profile is to go through the process, system and all about company’s process, pattern and services, I will follow all the process to deliver to users the best class service as my level best, also in future if I will be part of promotion and increment then I have to recruit the associate as per company recruitment and distribution pattern in respect recruitment parameters.
3.I certify that all information provided by me herein application as part of this is true and correct to the best of my knowledge and I further acknowledge that if any information provided by me or any mention or attested record is found false or wrong also if any of my behavior hurts the company decorum or system, then the company has rights to take appropriate action including termination of my membership code without any final settlement credit.
4.I further assure and declare as and when there is any change in the information provided by me, I shall immediately inform to the company on priority base, if I found anything which mismatch with the plan discussion then I have to inform and clear all my doubts within time period, I further agree to keep myself update with respect to any amendment in code and will follow all guideline issued as time to time, if I have any query or doubt about code and policy all I will clear and keep as related conversation confidential.
5.I gone through whole membership agreement and fully understand the whole code of conduct and policies. I am accepting the proposal with whole process, system, structure, pattern and criteria as designed and allotted by company as it is, as well as giving assurance to respect any amendment made by company in system and process.
6.During my membership with company, I will give my business time with honestly, faithfully, diligently and efficiently for business growth also for my personal and professional goals achievement, I am assuring to maintain utmost secrecy in regard to the affairs of the company and shall keep confidential all information. I understand the rules, instruction, guidelines, login process and all other policies with laws framed by company.
7.I am promising that without accounted permission I will not share any information like photos, logos and all other confidential task related to company as it would be considered as an illegal behavior towards company, I am accepting that, if anything gone wrong with company goodwill due to my any wrong activities will be liable to punishment.
8.My membership with the company calls for long term relationship and i will devote myself exclusively to the business of the company. I will not take up any work for remuneration because I understand that company has set achievable business revenue and recruitment parameters, also I will get enough time for business promotion activities, this is up to me to manage office reporting time by my own or I may work from own place as per company reporting pattern, I will be on or before time for meeting or any emergency call by prior or immediate intimation by company, I completely understand that my profile is target base working pattern so there are no counting for attendance by days, I understand that company is giving lots of opportunities to earn and learn about listed services, make self-identification and create own success story and for reward and recognition program organized by company for promotion and increment also company launch monthly, quarterly and annual contests for earning great limitless incentives and rewards.
9.I understand as gone through in superior direction, already there are set pattern for whole business system from convincing to closing for listed services direct to users, I just have to follow the same, I am giving authority to terminate my membership as per board decision that if anything goas wrong directly or indirectly with any of related trade or business without any prior information or accounted permission during my membership in company on the spot without crediting any final settlement.
10.I understand that as per system there is a set time duration for login case whether it is business or recruitment login, the time duration is subject to amendment as per company requirement, company will calculate agent’s payout on the base collected revenue and the part commission accordingly, also I am accepting that there are case to case 10 to 30 days TAT between case login and commission credit. Net commission payouts will be credited to direct concerned agent’s registered bank account after all slandered and substandard deductions as on or before 10th of month, also I am agreed that company will credit minimum ₹1,000 as net commission as variable payout.
11.I understand that incentive (monthly Fixed Payout) is target base payout and it is calculated on collected revenue including level and segment weightage, it is mandatory to achieve minimum 70% or level revenue target for justification of incentive. If I fail to achieve minimum 70% of my level revenue target then I am agreed that company will calculate whole collected revenue as on variable base, also I understand that my fixed pay-out with all other calculated commission will be credited in my registered bank account after all structured taxes, facilities contributions and penalties deductions.
12.I understand and fully agreed that if the nominee is minor then it will be handover to registered appointee, as per company norms nominee or appointee should be by blood relation only, in critical nomination case company will give priorities to next relatives close by blood relation.
13.I gone through incentive statement, also I understand that SFC facility which is kind of saving and contribution, charity fund deduction (current rate set - 01% as a little contribution for distribution basic amenities like food, clothing and medicine to poor and needy people also arrangement of food and treatment for roadside pets and other deduction (advance deduction, penalty deduction or pending dues deductions if any), after all deduction from gross incentive company declare net incentive and it will be credited in my registered bank account. The incentive statement (pay slip) will be shared to associates through registered E-Mail ID and all other supportive media on monthly base.
14.I under gone through the information that company has set entry and exit age for being in system, entry age is 20 years and exit age is 70 years, an associate can take voluntary exit any time with prior 15 days’ accounted intimation, in any uncertainty company has contributed set package, in case of death or total disability company will contribute a little helping hand to dependence as protection cover of ₹100,000 to your registered nominee with system by system. I am aware and accepting that company has appointed an investigation team to investigate fraud activities whether its planned or its by chance permitted by company board compliance panel also with or without any prior notice or intimation to find the links to find the pattern and people involved in, the objective of the process is to reduce forgery and cancellation of business deal, I also understand and agreed that if I caught in such activities then I will be liable for penalize as per board’s penalty process, company will terminate membership code without any full and final settlement. I am fully agreed and accepting the whole system, process, pattern, structure, code of conduct, rules and policies designed by company.
Point to be Noted:
Associate will be eligible for Incentives, contests, and another variable scheme.
Associate will be Eligible for Travel Allowances subject to base performance.
Saving Fund Contribution (SFC) is the internal saving fund contribution scheme.
SFC scheme is applicable to all associate and associate of the company.
SFC scheme is applicable on basic incentive or on base commission.
SFC withdrawal limit is 75% of book balance of SFC in 6-month gap period.
At time exit or termination of the duty company will settle your balance SFC amount.
Loss of pay will be deducted as per the state slab from basic of basic incentive.
Professional tax will be deducted as per the state slab from basic incentive.
Your actual deductions are Mediclaim, Special Deduction and Professional Tax.
There is no fast promotion and increment scheme in company.
An associate must to follow the promotion and increment grid.
There is advance incentive scheme available but after completion of six-month membership.
An associate can apply for advance incentive as 10% of basic incentive only.
Advance will be settled in next month’s incentive only.
At the time of exit, this is mandatory to submit all belongings given from company.
At the time of exit, all dues (advance / penalty) must be cleared for issue clear relieving.
All data and prospects must be handover to the company’s concerned department.
