All,

Great News!!
Subject :
Period :

Monsoon Bonanza Contest

August 15th 2012 to November 15th 2012

Now you have a chance to w in Huge Cash I ncentives!!!!!

Schem e 1- Account Activation Contest

Applicable to: ARMs/RMs/Dealers/SRMs//TLs/AMs(individual capacity)
Business Associates ( Franchisees / Remissiers )
Eligibility Criteria:
Slab

Incentive

Upto 9 Accounts

Nil

From 10 to 25 Accounts

` 200 Per Account for all accounts

From 26 to 50 Accounts

` 350 Per Account for all accounts

51 Accounts and above

` 500 Per Account for all accounts

Eg: if 20 accounts activated then incentive will be ` 4,000/-(20*200),

if 40 accounts activated then incentive will be ` 14,000/-(40*350),
if 60 accounts activated then incentive will be ` 30,000/-(60*500)

Additional Incentives :
For Branch Managers /Team Leaders/AVP (Sales) /ASM:
A. Branch Managers / Team Leaders / AVP (Sales) / ASM will get `100 per account if
his team opens an average of 10 accounts per RM.
B. Branch Managers / Team Leaders / AVP (Sales) / ASM will get incentives only if he
achieves 10 account multiple of his entire team. Eg. If TL has 10 RMs under him
then TL will get incentive if his team opens minimum 100 accounts ( even if some
RMs are eligible and some RMs are not eligible ). His team size will be counted as
maximum number of RMs including exit members in scheme period.
C. Team Leaders / AVP (Sales) / ASM will get incentives only if his entire teams
revenue multiple is 2 times of HR cost of his sales team for the contest period.
D. Branch Managers will get incentives only if his entire teams revenue multiple is 2
times of branch HR cost for the contest period.
Scheme 2 : Incentives on Cash Margin Money Collection

Applicable to: ARMs/RMs/Dealers/SRMs/TLs/AMs(individual capacity)

Business Associates ( Franchisees / Remissiers )

Eligibility Criteria:
Slab

Incentive

Up to ` 24999

Nil

`25,000 to `49,999

` 250 Per Account

`50,000 to `99,999

` 500 Per Account

`1,00,000 and above

1% of Margin Collection or maximum ` 5,000/-

Eligibility terms (Margin Scheme):

Margin should be received within 15 days of activation but before any single trade is
executed and should not be withdrawn within 30 days of credit received.
Only first two credits received in new accounts will be considered as margin.
Stock transfer and margin in the form of shares will not be considered.
New account sourced from single client with separate margin for Equity, Commodity and
Currency accounts will be considered as one account with consolidated margin. ( Eg,- Equity
` 10,000/- and Commodity ` 10,000/- and Currency ` 10,000/- then total margin of `
30,000/- will be considered )

General Terms & Conditions (Both Schemes):

Open new accounts with minimum margin of `5,000/- in cheque or
` 20,000/- in form of shares ( shares not applicable for margin scheme) during the scheme
period.
Minimum 10 new Accounts with margin is required to be eligible in scheme.
Equity, Commodity and Currency accounts each sourced from single client will be
considered as one account.
All accounts activated during scheme period ( from 15th August, 2012 to 15th November,
2012 ) will be considered eligible for the contest. Forms logged in by 15th November, 2012
but activated till 23rd November 2012 will also be considered.
All accounts will be considered valid only if the initial margin in cheque of ` 5,000/- or in
shares of ` 20,000/- is received within 7 days of activation and also margin is not withdrawn
by way of payout request within 30 days from the date of credit.
There should be minimum 1 trade in new accounts activated within 30 days from Activation
date or 30th November 2012 whichever is earlier.
Accounts opened by Franchisees and Remissiers will not be considered as opened by RMs.
Accounts opened with Prepaid brokerage will also be considered.
Account opened in different segments of existing client will not be considered.
Spot exchange accounts will not be included.
ARMs/RMs/Dealers /SRMs/TLs/AMs (individual capacity) should achieve Revenue Multiplier
of 2 to qualify for incentive.

Business Associate should generate net Brokerage Revenue (Equity+Commodity+Currency

+Spot ) to Company of ` 50,000/- during scheme period to qualify for incentive.
Any discretionary trades will result in disqualification.
One can participate in any ONE or Both the schemes.
Results will be announced before 31st January 2013.
This scheme is over and above normal incentives.
Management decision is final.

In case of any queries, please contact Syed Faraz / Harshal Kulkarni / Rajiv Kapadia / Deepak
Patel (MIS).

Wish to see every one getting huge Cash Incentives

Happy Selling !!
Thanks and regards,
For Nirmal Bang Group