I) SB commission paid to BPMS
1) one year TD 0.5%
2)Two years & three years TD 1%
3) five years TD 2%
4) POSB 2% on net accretion of not less than
Rs.500.excluding deposit made in March but including
withdrawals of March.
II) Incentive@ 2% of the sale of stamps/stationery up to
Rs 30/- to each customer.
III) Commission paid to PRSS:
1) One year TD Nil
2)2 &3 year TD 1%
3) 5 year TD 2%
4) 6Year NSC VIII issue 0.5%
IV) MIS
1) Opening of account
a)Supervisor Rs 0.50 per account
b)Asst. Rs 1.00 "
c) LC Rs 0.50 "
2) Payment
a)Supervisor Rs 0.50 "
b) Counter PA Rs 1.00 "
c) LC Rs 0.50 :
Ceiling is for individual for Rs. 500 p.m and not per
counter of office
V) Speed Post Incentive
1) Rs.0.50 is payable for each SP article booked where no
seperate booking counter is provided for speed post work.
2) Incentive of Rs.0.75 per article booked over and above
the threshold specified where seperate post has been
sanctioned for speed post work.
3) Incentive of Rs.0.50 per article delivered in addition to
his other normal duties.
4) Rs 5/- per customer in respect of articles booked under
special journal.
5) No incentive is payable to postman whose return is
morethan 2%
NREGS WORK
Incentive is admissible when atleast 10 transactions in the
account in a financial year.Both deposits and withdrawals
will be taken in to account of the purpose of arriving at the
number of transactions.
1. GDS BO with one official only Rs.8.60 per account per
annum
2. GDS BO with 2 officials GDS BPM- Rs7.60 per account
per annum
other GDS official-Rs.1.00 per account per annum
3.GDS BO with 3 officials-GDS BPM-Rs.6.60 "
GDS-1 - Rs.1.00 "
GDS-II - Rs.1.00 "
SUB POST OFFICES
Rs.4.40 per account per annum having 10 transactions in
a financial year.
SPM(Clss-III)-----------Rs.3.40
Group-D/Packer ------Rs.1.00
SPM (Cl-II & Cl -I)
Supervisor- Rs.1.40
Postal Asst. Rs.2.00
Group-D/Packer Rs.1.00
LSG & HSG POs
Supervisor Rs.1.15
SBPA Rs.2.00
Group-D/Packer Rs.0.50
Treasurer Rs.0.50
C.O Rs.0.25
HEAD POST OFFICES
Supervisor Rs.0.50
LC Rs.1.00
PA.SBCO Rs0.25
SupervisorSBCO RS.0.25
Treasurer Rs.0.50
Group-D/Packer Rs.0.25
C.O Rs.0.25
INCENTIVE ON PLI/RPLI BUSINESS
i)DO PLI------Up to Rs.4 crores of sum assured---------
Nil/-
Above Rs.4 Crores and up to 6 crores of sum assured-
Rs.20/- per Rs. 10000 sum assured.
Above Rs.6 crores of sum assured "
Incentive for field officer
Up to Rs.30 lacs of sum assured Rs.15/- per Rs.10000 of
sum assured
Above Rs.30 Lacs and up to 40 lacs Rs.17.50 "
Above Rs.40 lacs and up to 50 lacs Rs.20/- "
Above Rs 50 lacs of sum assured Rs.25/- "
LUMP SUM INCENTIVE
For effective business of atleast Rs.5 lacs-- Rs.625/- only
" atleast Rs.10 lacs Rs.1250/- only
For effective business of every Rs. one lac Rs.125/- per
every one lakh of effective
over and above Rs.10/- lacs business
GDS EMPLOYEES FOR PROCUREMENT OF PLI/RPLI
BUSINESS
RS.2.50 PER One thousand sum assured.
Rs.1% on renewal of premium
GDS employee incentive rates for RPLI has been revised
as 10% of first year premium and 2.5% of subsequent
premium deposited by Insurant
SDIs/ASPOs/PRI(P)/POSTMEN/POSTAL ASSTs
RS.25/- per Rs.10000/- sum assured up to 2 crores of
sum assured
Rs.20/- per Rs.10000/- sum assured for above 2 crores of
sum assured
SDIs/ASPOs shall get commission of 10% on the total
incentive paid to GDS staff on sum assured only for
processing the proposal.
MO/RURAL POSTMEN
Rs.2.50 per 1000/- sum assured for procuring business
Direct Agents will get incentive as per Field Officers
1) one year TD 0.5%
2)Two years & three years TD 1%
3) five years TD 2%
4) POSB 2% on net accretion of not less than
Rs.500.excluding deposit made in March but including
withdrawals of March.
II) Incentive@ 2% of the sale of stamps/stationery up to
Rs 30/- to each customer.
III) Commission paid to PRSS:
1) One year TD Nil
2)2 &3 year TD 1%
3) 5 year TD 2%
4) 6Year NSC VIII issue 0.5%
IV) MIS
1) Opening of account
a)Supervisor Rs 0.50 per account
b)Asst. Rs 1.00 "
c) LC Rs 0.50 "
2) Payment
a)Supervisor Rs 0.50 "
b) Counter PA Rs 1.00 "
c) LC Rs 0.50 :
Ceiling is for individual for Rs. 500 p.m and not per
counter of office
V) Speed Post Incentive
1) Rs.0.50 is payable for each SP article booked where no
seperate booking counter is provided for speed post work.
2) Incentive of Rs.0.75 per article booked over and above
the threshold specified where seperate post has been
sanctioned for speed post work.
3) Incentive of Rs.0.50 per article delivered in addition to
his other normal duties.
4) Rs 5/- per customer in respect of articles booked under
special journal.
5) No incentive is payable to postman whose return is
morethan 2%
NREGS WORK
Incentive is admissible when atleast 10 transactions in the
account in a financial year.Both deposits and withdrawals
will be taken in to account of the purpose of arriving at the
number of transactions.
1. GDS BO with one official only Rs.8.60 per account per
annum
2. GDS BO with 2 officials GDS BPM- Rs7.60 per account
per annum
other GDS official-Rs.1.00 per account per annum
3.GDS BO with 3 officials-GDS BPM-Rs.6.60 "
GDS-1 - Rs.1.00 "
GDS-II - Rs.1.00 "
SUB POST OFFICES
Rs.4.40 per account per annum having 10 transactions in
a financial year.
SPM(Clss-III)-----------Rs.3.40
Group-D/Packer ------Rs.1.00
SPM (Cl-II & Cl -I)
Supervisor- Rs.1.40
Postal Asst. Rs.2.00
Group-D/Packer Rs.1.00
LSG & HSG POs
Supervisor Rs.1.15
SBPA Rs.2.00
Group-D/Packer Rs.0.50
Treasurer Rs.0.50
C.O Rs.0.25
HEAD POST OFFICES
Supervisor Rs.0.50
LC Rs.1.00
PA.SBCO Rs0.25
SupervisorSBCO RS.0.25
Treasurer Rs.0.50
Group-D/Packer Rs.0.25
C.O Rs.0.25
INCENTIVE ON PLI/RPLI BUSINESS
i)DO PLI------Up to Rs.4 crores of sum assured---------
Nil/-
Above Rs.4 Crores and up to 6 crores of sum assured-
Rs.20/- per Rs. 10000 sum assured.
Above Rs.6 crores of sum assured "
Incentive for field officer
Up to Rs.30 lacs of sum assured Rs.15/- per Rs.10000 of
sum assured
Above Rs.30 Lacs and up to 40 lacs Rs.17.50 "
Above Rs.40 lacs and up to 50 lacs Rs.20/- "
Above Rs 50 lacs of sum assured Rs.25/- "
LUMP SUM INCENTIVE
For effective business of atleast Rs.5 lacs-- Rs.625/- only
" atleast Rs.10 lacs Rs.1250/- only
For effective business of every Rs. one lac Rs.125/- per
every one lakh of effective
over and above Rs.10/- lacs business
GDS EMPLOYEES FOR PROCUREMENT OF PLI/RPLI
BUSINESS
RS.2.50 PER One thousand sum assured.
Rs.1% on renewal of premium
GDS employee incentive rates for RPLI has been revised
as 10% of first year premium and 2.5% of subsequent
premium deposited by Insurant
SDIs/ASPOs/PRI(P)/POSTMEN/POSTAL ASSTs
RS.25/- per Rs.10000/- sum assured up to 2 crores of
sum assured
Rs.20/- per Rs.10000/- sum assured for above 2 crores of
sum assured
SDIs/ASPOs shall get commission of 10% on the total
incentive paid to GDS staff on sum assured only for
processing the proposal.
MO/RURAL POSTMEN
Rs.2.50 per 1000/- sum assured for procuring business
Direct Agents will get incentive as per Field Officers
