AliceBlue - Best Brokerage Firm

CC/EXT/069- FRANCHISEE PAYOUT ELIGIBILITY CRITERIA

This is information for all Franchisees. Hereafter there are some criteria for The franchisee payout is listed below. This is applicable from 1st November 2019.
We have to fulfill any of the criteria to get a payout in month by month.
Criteria:
1. The franchisee has to attain a minimum Trading Turnover Target of 20 cr
2. The franchisee has to open a minimum Account opening target of 5 accounts login.
3. The franchisee has to generate a minimum Net Revenue of Rs.2500.

NSE Payout Eligibilty Criteria: (Any one of these)
1. Turnover in NSE = 20cr
2. Account Opening Count in NSE = 5 Logins
3. Net revenue in NSE = 2500

MCX Payout Eligibility Criteria: (Any one of these)
1. Turnover in MCX = 20cr
2. Account Opening Count in MCX = 5 Logins
3. Net revenue in MCX = 2500

Note:
1) NSE and MCX segments validated separately for each segment payout.
2) You can see your performance in your Digilink Login through Franchisee performance Menu.

Important Notice:
If any of the above eligibility criteria has not meet out by franchise means, then Minimum Rs.2500 will be retained to company and balance will be given as payout.
For "New partners - 60 days will be given as window period for this process"

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