RBP Commission & Compensation Structure

Regional Business
Manager
Total
Office
Car Development Total RBM
Target (Per Month) Gross Salary Total Override Support
Allowance Allowance RBM with
Allowance
office
7,500,000 240,000 50,000 10,000 300,000 4% 600,000 225,000 825,000

5,000,000 140,000 50,000 10,000 200,000 4% 400,000 150,000 550,000

3,000,000 60,000 50,000 10,000 120,000 4% 240,000 90,000 330,000

Below 3,000,000 8%

Zonal Business
Manager

Total
Office
Car Development Total ZBM
Target (Per Month) Gross Salary Total Override Support
Allowance Allowance ZBM with
Allowance
office
4,000,000 120,000 40,000 160,000 3% 280,000 120,000 400,000

3,500,000 100,000 40,000 140,000 3% 245,000 105,000 350,000

2,500,000 60,000 40,000 100,000 3% 175,000 75,000 250,000

Below 3,000,000 7%

Group Business
Manager

Total
Office
Car Development Total GBM
Target (Per Month) Gross Salary Total Override Support
Allowance Allowance GBM with
Allowance
office
2,500,000 75,000 25,000 100,000 3% 175,000 75,000 250,000

2,000,000 55,000 25,000 80,000 3% 140,000 60,000 200,000

1,500,000 60,000 60,000 3% 105,000 45,000 150,000

Below 1,500,000 7%
 Business Manager

Total
Office
Car Development BM
Target (Per Month) Gross Salary Total Override Total BM Support
Allowance Allowance with
Allowance
office
1,200,000 32,000 15,000 60,000 2% 84,000 36,000 120,000

1,000,000 35,000 15,000 50,000 2% 70,000 30,000 100,000

800,000 40,000 40,000 2% 56,000 24,000 80,000

Below 800,000 7%

Assistant Business
Manager

Car Development Total

Target (Per Month) Gross Salary Total Override
Allowance Allowance DM

800,000 40,000 40,000 3% 64,000

500,000 25,000 25,000 3% 40,000

300,000 15,000 15,000 3% 24,000

Below 300,000 8%

Advisors

Designation Target Salary Commission Bonus

Financial Advisor 50,000 - 40% -

Senior Financial Advisor 100,000 10,000 30% 10%
Business Development
150,000 15,000 30% 10%
Manager

 50k Business is mandatory for advance Code Issuance of Financial Advisor.

 150k Business is mandatory for advance Code Issuance of Senior Financial Advisor
 250k Business is mandatory for advance Code Issuance of Business Development Manager.
 Contract letters and Visiting Cards will be provided after training.
 SFA and BDM will only report to Business Manager & above.
 Bonus will be paid on over and above quarter Target
 In case of Hiring SFA and BDM, reporting manager will be entitled for his/her own designation’s
override.
 Office Support Allowance will be advised by SRH at the time of induction of (BM/GBM/ZBM/RBM). It
will be paid either to RBM or ZBM & GBM or BM whoever will maintain their own branches.
Payment Cycles

Commission Payment Cycle will be carried out every fifteen (15) days (fortnightly) i.e 1st to 15th of
each month & 16th to 30th /31st of each month.
The commission will be transferred by 15th & 30th/31st of each month. If 15th or month end comes
on weekend next working day will be considered for commission disbursement.

Salary/Perks
Salary of RBM & ZBM and office support allowances will be processed and transferred by 15th of each
month.

GM & below
Salaries and commission will be transferred in two cycles.

Car Facilitation Policy:

Validation Target on
S no. Designation Six Month Entitlement
1 Regional Manager 18,000,000 1300 CC
2 Zonal Manager 15,000,000 1000 CC
3 Group Manager 12,000,000 660 CC
4 Business Manager 10,000,000 660 CC

 RBM to BM, six months validation target should be achieved for car facilitation entitlement.
 Down payment cost will be borne by Individual.