CC/EXT/082
Dear All,
Referral Agent/Partner Policy
SEGMENTS | MINIMUM RETENTION POLICY | NO OF ACCOUNTS LOGINs IN A MONTH |
ALL SEGMENT | Rs.2500 | 5 |
CRITERIA AND CONDITIONS:
Rs.2500/- is the minimum retention amount that the company retains from its Referral Partners.
No of UCC | Minimum Retention | Brokerage Earned | 75 % Partner | 25% Alice | Pay-out to the Partner | |
Example 1 | 5 | Not Applicable | Rs.2000 | Rs.1500 | Rs.500 | 1500 |
Example 2 | 3 | Applicable | Rs.2000 | Rs.1500 | Rs.500 | 0 |
The duration of the Account opening is 31 days (Calendar Month).
Referral Partner
- The referral Partner gets 100 % Brokerage commission for the first three months, and from 4th month onwards 75 % trail commission is earned on the Brokerage yield from referred Client Brokerage.
- If you refer a Partner to Alice Blue, you earn a 10% lifelong sharing of the net income generated from the referred sub-broker.
- Referred clients can trade in any segment.
- Commissions will be paid on the 5th of every month
- You cannot refer to yourself, and you will not receive a commission on your own accounts.
Referral Client:
- Earn 20 % trail commission on Brokerage from referred clients.
- There is no Minimum retention policy for Referral client.