CC/EXT/144
Dear All,
This is an information mail regarding the Remesere minimum Hold amount from December 2021 based on a few changes, here we found the details clearly,
MINIMUM ELIGIBLE CONDITION:
| SEGMENT CONDITION | TURNOVER | REVENUE TO COMPANY | NO OF ACCOUNTS ACTIVATED IN A MONTH |
|---|---|---|---|
| COMBINED SEGMENT | 20 | 2500 | 5 |
CRITERIA AND CONDITIONS:
EXAMPLE: Activated in only one segment which may be NSE/MCX they have to attain the criteria attached below if not those remesere has minimum deduction/ Hold the segment payout.
| FOR EXAMPLE | SEG | TURNOVER | REVENUE TO COMPANY | NO OF UNIQUE CLIENTS LOGIN IN A MONTH | PAYOUT RELEASE STATUS | DEDUCTION STATUS | REMARKS |
|---|---|---|---|---|---|---|---|
| REM 1 | MCX or NSE | 15 | 2400 | 5 | ELIGIBLE | NO | ATTAINED ACCOUNT OPENING |
| REM 2 | MCX or NSE | 15 | 2400 | 4 | NOT ELIGIBLE | YES | NOT ATTAINED ANY ONE OF THE CRITERIA |
| REM 3 | MCX or NSE | 20 | 100 | 2 | ELIGIBLE | NO | ATTAINED TURNOVER |
| REM 4 | MCX or NSE | 18 | 100 | 2 | NOT ELIGIBLE | YES | NOT ATTAINED ANY ONE OF THE CRITERIA |
| REM 5 | MCX or NSE | 15 | 2500 | 1 | ELIGIBLE | NO | ATTAINED MINIMUM REVENUE SHARE |
Note: For “New partners – 90 days will be given as window period for this process”
Partners Deduction Condition
| Rem Code | Activation Time Period | Current Policy Excess Days | New Policy Excess days | Activation date | Expiry Date |
| XXX1 | 1 to 20th of date any month | We provide an additional 60 days to activate the account, and there will be no minimum deduction from the partner’s payout until the expiry date. | We provide an additional 60 days to activate the account, and there will be no minimum deduction from the partner’s payout until the expiry date. | 1-Oct-21 | 31-Dec-21 |
| XXX2 | 21 to 31st of date any month | We provide an additional 60 days to activate the account, and there will be no minimum deduction from the partner’s payout until the expiry date. | We provide an additional 90 days to activate the account, and there will be no minimum deduction from the partner’s payout until the expiry date. | 21-Oct-21 | 31-Jan-22 |
To Know More,