Channel Partners
Competitive payouts and monthly target based bonus
Create your own subagent network
Earn 25% on top of subagent's commision
View Payment structure here
Commission Structure
| S.No | Type | Description | Amount |
|---|---|---|---|
| 1. | Agent Commission | Commission paid to the Agent on his/her reference borrower loan amount converted and disbursed in a given month | 0.75% of the Loan Amount |
Payment terms and conditions:
- % Basic Pay is calculated between 1st and 31st of a given month and an Agent incentive will be paid at monthly interval
- The benefits are not for borrower but just for Agents who get on-board borrowers and convert their first loans and post disbursal
- Only First converted loan and disbursed amount for a new borrower is considered for Agent Commission or Bonus
- Agent to be duly on boarded and registered with EDCRED Operations Team to be eligible for any commission or bonus payments
- The Service is non-transferable, Non-refundable, and Non-Salable to any third party.
- Taxes/Duties/Government Levies, as per prevailing government rules, will be charged extra as applicable to the service provider’s account
- The Company will not pay any service charge/tax on any fees given to Agents
- The prices shared with the Company is exclusive and confidential; it should not be shared or communicated with any third party
- All payments will be released within 7 working days of the date of receipt of invoice. Invoice shall be raised every month on the 3rd working day
Terms and conditions
- % Basic Pay is calculated between 1st and 31st of a given month and an Agent incentive will be paid at monthly interval
- The benefits are not for borrower but just for Agents who get on-board borrowers and convert their first loans and post disbursal
- Only First converted loan and disbursed amount for a new borrower is considered for Agent Commission or Bonus
- Agent to be duly on boarded and registered with EDCRED Operations Team to be eligible for any commission or bonus payments
- The Service is non-transferable, Non-refundable, and Non-Salable to any third party.
- Taxes/Duties/Government Levies, as per prevailing government rules, will be charged extra as applicable to the service provider’s account
- The Company will not pay any service charge/tax on any fees given to Agents
- The prices shared with the Company is exclusive and confidential; it should not be shared or communicated with any third party
- All payments will be released within 7 working days of the date of receipt of invoice. Invoice shall be raised every month on the 3rd working day