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Each AR has to renew his ID every year on or before his renewal date. If AR A joined on 1st Nov 2009 then he has to renew his ID on or before 1st Nov 2010. Once AR renews his ID is valid for one year from date of renewal. |
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AR can renew his ID through member module using E-pin as pay mode. |
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Renewal Amount: Here renewal amount is different depending on the joining package as follows: |
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Sr. No. |
Package Name |
Renewal Amount |
BV |
Capping |
1 |
Package 1 |
Rs.550/- |
100 |
Rs.51,000/- |
2 |
Package 2 |
Rs.1050/- |
200 |
Rs.1,01,000/- |
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If member renewed his ID successfully then he/she will continue to get Binary as well as Brokerage income and also get qualify for the Renewal Commission. |
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If member failed to renew his ID then he will not get any income until and unless he gets renewed. |
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After renewal AR will start getting income on the business done after renewal. |
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Renewal commission is same as binary commission. |
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After successful renewal that ID will get BVs as per mentioned in the table. |
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Following are the conditions to get qualify for renewal commission: |
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To get qualify for renewal income AR must get renewed himself/ herself. |
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AR will get renewal income only on the IDs which are renewed after the renewal of himself/ herself. |
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This income will be on BV basis. |
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All the pairs will be of 1:1 BV. Here BVs of only renewed id will be considered. |
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1 BV = 1 Rs. |
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Unmatched BV to be carry forward to next payout. |
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Income calculation will be done on monthly basis by admin. |