Good Morning.. My All New Myfamilybiz Member Home Product Range My Family Biz Downloads Login Register News & Events Gallery About Us Contact Us Useful Information How to avail in profit sharing, incentives and bonuses You are eligible for the profits, incentives and bonuses of a particular month only if you have made the minimum purchase of Rs. 250 (single purchase) at the M.R.P. in that calendar month, on or before the 24th of that given month. Minimum order value will be Rs. 250 in order to calculate profit sharing. After you submit the duly filled application your Membership Identity Number (MIN) and card will be issued. How the system works To enroll as Family Member Bank Account and PAN is not compulsory. Family members shall purchase Minimum purchase of Rs. 250.00 (MRP Based) products of their choice and shall get the 15% profit share instantly. Example A : A member purchasing Rs. 250.00 worth MRP based products. a. MRP Rs. 250.00 X 15% Profit share = Rs. 37.50. b. She will avail the profit share instantly and shall pay Rs. 250.00 – Rs. 37.50 = Rs. 212.50 only to the Service Point. c. There is no upper limit, minimum is Rs. 250.00 during the payout period of 25th to 24th of the following month. Our Family Development Team will support you in building your business. Family Member shall enroll members under her down line and shall have the credit, earned there of up to Rs. 250.00 per month, as credit after TDS in her account. The same has to be utilized during the next purchase period and CARRY OVER is allowed.
Posted on: Fri, 07 Mar 2014 03:46:10 +0000