Membership Application

Dear associates, group have system-generated membership application form for registration of your membership with BIJOCAP Finvest and membership code generation after going through your application form and verification to your information provided in with attached related proof, please ensure at the time applying for membership your age should be 20 years as entry age and 70 years age is considered as exit from membership, once exit process done then membership code gets terminated permanently. Company will not allow using company goodwill for any personal or professional dealing purpose without legal permission of the board. All your mentioned information in application form and attached verifying supportive documents will be used for internal record of management panel of BIJOCAP Finvest, there would be acceptance or decline of application as per after verification process.

The fixed or variable payouts approval is the final decision by board of the group. The proposal will be approved or rejected will be management call under company’s recruitment If any information or representation is found to be incorrect or if any material information is detected by us to have been suppressed by you or any action is found to be in contravention to the company code of conduct or rules of the company, the company will have the right to revoke your membership at any time without notice. Associate will be eligible for payout, contests, and other fixed or variable scheme, Associate will be Eligible for travel allowances subject to base performance, loss of pay will be deducted from basic of fixed or variable incentive. Professional tax will be deducted as per the state slab from incentive.

The company hopes that during the period of your membership, you will act honestly, faithfully, diligently and efficiently for the growth of the organization. You are expected to maintain utmost secrecy in regard to the affairs of the company and shall keep confidential any information, documents relating to the company and associate that may come to your professional knowledge as a member of the company.

After coding there will be a mandatory training of 3 days, any leave during training period will have leave without pay (LWP) in fixed or variable payout system and if any associate leaves the organization during training there is no provision for any payout or full and final settlement, all benefits (OD, Leave, FNF) will be applicable only after successful completion of

You will have to give one month or emergency notice of 5 days at the time of leaving. If you left the organization without notice you are not eligible for any dues, payouts and full and final settlement amount, as same company will give one-month or emergency five days’ prior notice to the associate in case of any dispute or dissolution without any dues, payouts and full and final settlement amount.

If the associate is willing to move on, he / she has to follow the mutual separation process, in order to disobey there will be a penalty of one-month incentive for business sales and two-month incentive is for non-sales including interns across functions. All interns mandatorily need to serve for minimum of 6 months to avoid the penalty You have to undertakes to keep technical and commercial information of each other secret, except for publicly available information which has become known to them while executing the present agreement and not transfer it to third parties without a written consent from the other party or its legal representatives.

Your level with the company calls for whole time membership and you will devote yourself exclusively to the business of the company, you will not take up any work for remuneration (part time or otherwise) or work on an advisory capacity or be interested directly or indirectly in any trade or business during your membership without written permission from the

You would be receiving fixed incentive (part of revenue) in between 1^st to 5^th of every month and variable commission (part of revenue) as per set duration, any part of payout taken by associate as advance, would be settled in incentive (part of revenue) of next month and would not be carry forward, only 10% part of basic incentive (part of revenue) is allowed by the company to take in advance, the advance system is applicable after 6^th month of membership in company.

Company will deduct donation amount which comes 1% of and from your basic incentive or base commission every month and the company will use the donation fund for charity to orphanage, old age homes and other charity The income and deductions will be calculated as per below slab.

INCENTIVE		DEDUCTION
Basic Incentive	Fixed or Basic Incentive	Loss of Pay	Not Fixed
House Rent Allowance	50% of Basic Incentive	SFC Deduction	10% of Basic Incentive
Conveyance Allowance	15% of Basic Incentive	Mediclaim	3.5% of Basic Incentive
Special Allowance	05% of Basic Incentive	Special Deduction	Advance Incentive
Medical Allowance	05% of Basic Incentive	Professional Tax	₹200
Downline Incentive	Not Fixed	Charity Fund	1% of Basic Incentive

Saving Fund Contribution is the concept in which company will deduct part of basic incentive, SFC will be calculated on revenue target (GRT / LRT). 25% SFC book balance always will remain in company’s fund account as when associate will take exit or company will terminate the service of the concerned associate for any reason or in any uncertainty case, company will credit whole SFC balance to the nominee with full & final settlement amount in registered bank account with system by system. SFC is the internal saving fund contribution scheme, it is applicable to all fixed paid associate or associates of the company and group vertical, SFC withdrawal limit is 75% of SFC book

SAVING FUND CONTRIBUTION SCHEME
Revenue Target	Associate Share	Company Share
Below 070% GRT / LRT	10% of Basic Incentive	020% of Associate Share
071% to 100% GRT / LRT	10% of Basic Incentive	040% of Associate Share
100% to 150% GRT / LRT	10% of Basic Incentive	060% of Associate Share
151% to 200% GRT / LRT	10% of Basic Incentive	080% of Associate Share
200% & above GRT / LRT	10% of Basic Incentive	100% of Associate Share

Business Support Credit (BSC) Share will help to our fixed paid associates and variable paid associates as closer support system for business growth.

BUSINESS SUPPORT CREDIT SCHEME
Support Category	Associate Credit	Company Credit
Self-Source	95%	05%
Data-Support	85%	15%
Lead-Support	75%	25%
Deal-Support	05%	95%

In Variable Incentive Liquidity Plan all payout will be calculated on net revenue and it will be shared as per VILP slab. Net revenue will be calculated on the bases of service and vertical weightages. Activation incentive will be released after 20 days, Business incentive after 30 days, Closer incentive after 40 days and downline incentive will be released after 50 days TAT from case login. Coding creation period is set as 26^th to last date of the month. All payout will be up to mark.

VARIABLE INCENTIVE LIQUADITY PLAN
Service Category	01.5-AIP2.0	06.15-BIP 3.0	16.25-CIP 4.0	26-DIP 4.0
*Broking Advisory (3.0)**	05%	45%-50%	40%	10%
*Brokerage (3.0)**	05%	45%-50%	40%	10%
*Life Insurance (6.0)**	05%	45%-50%	40%	10%
*Health Insurance e (3.0)**	05%	45%-50%	40%	10%
*Secure Finance (0.1)**	05%	45%-50%	40%	10%
*Unsecure Finance (0.05)**	05%	45%-50%	40%	10%

In BIJO Club membership benefit company will provide facility as per level and proportion, all benefit calculations are yearly basis and tour planned by quarterly.

BIJO CLUB MEMBERSHIP BENEFIT SCHEME
Club Category	Level	Benefit	Reward
Silver Classic	Top-8	1X1 India Tour	0.5% – NIP	*1 I – TAB**
Silver Premium	Top-4	2X1 India + 1X1 Asia Tour	1% – NIP	*1 I – TAB**
Gold Classic	Top-6	2X2 India + 2X1 Asia Tour	1.5% – NIP	*1 I – PAD**
Gold Premium	Top-3	2X2 Asia Tour	2% – NIP	*1 I – PAD**
Titanium Classic	Top-4	2X2 Asia + 1X1 International Tour	2.5% – NIP	*1 I – LAP**
Titanium Premium	Top-2	2X2 International Tour	3% – NIP	*1 I – LAP**

Dear associate, the Death or Disability cover of ₹100,000 through principal service provider company and this concept is designed by the company to a little helping hand your dependent in case of death, total permanent disability or in any uncertainties during your active membership. The company will distribute final closer settlement amounts in case of uncertainty to the registered nominee or appointee in system as per nominee and appointee greed. Company needs a soft copy of the claim form with enclosed all related documents from the concerned mail ID to the claim department. The claim will be settled in 90 open days from the claim, the claim will be acceptable after 100 days of membership code generation in system. This facility is available in membership variable pattern only.

Introducer Name

Introducer ID

Application Segment

Full Name of Applicant

Father Name of Applicant

Address

City

City Code

Gender

Date of Birth

Blood Group

Nationality

Education

Contact Number

Email ID

Marital Status

Marriage Anniversary Date

Current Occupation

Firm Name

Designation

Work Duration

From Date

To Date

If IRDAI License Holder, Number In Force Terminated

If AMFI License Holder, Number In Force Terminated

If NCFM License Holder, Number In Force Terminated

Emergency Contact Person

Emergency Contact Number

Nominee Name

Relationship with Nominee

Date of Birth of Nominee

Appointee Name

Relationship with Appointee

Date of Birth of Appointee

Pan Number

Upload Pan

Aadhar card

Upload Adhar card

Education Proof

Bank Details

Bank Name

Name in Bank

Account Number

IFSC Code

Account Type

Branch Name

Branch Address

Bank Proof

Upload Proof

Membership Agreement

Dear member, this is the system-generated membership application form for registration of your membership with BIJOCAP FINVEST and membership code generation after going through your application form and verification to your information provided in with attached related proof, please ensure at the time applying for membership your age should be 20 years completed also considered 80 years age is exit level from membership after membership code gets terminated due to exit, company will not allow using company goodwill for dealing purpose. All your mentioned information in application form and attached verifying supportive documents will be used for internal record of management panel of BIJO Group, there would be acceptance or decline of application, there will be more process if application accepted. Agreed

Life & Personal Accidental Contribution Package

Dear member, the concept of a contribution package for Life & Personal Accidental cover is designed by the company to your loved one a little helping hand in case of death or total permanent disability or any uncertainties during your active membership. Company contributing a package of ₹50,000 as Life cover and ₹50,000 as personal accidental cover. The company will distribute all settlement amounts in case of uncertainty to the registered nominee or appointee, please ensure to fill the nomination accurately at the time of application that the nominee or appointee should be in blood relation or close to blood relation for more clarification check nominee and appointee greed, the appointee is applicable when the registered nominee is minor. The membership code should be active at the time of claim also company need a soft copy of the claim form with all enclosed related documents from the concerned mail ID to the claim department. The claim will be accepted only after 100 days of membership completed in the system. Agreed

Associate Declaration

I am applying for

Variable Incentive Payout Membership

Fixed Incentive Payout Membership

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.

THE BIJO COMPANY