Product Sales Manager
Equitas Small Finance Bank Verified employer
Actively hiring · Posted 1d ago · JEV2610831F253D19
Job description
Product Sales Manager NR PSM Incentive (FY 26-27) Category Parameters Targets/ Month Parameter Weightage% Achievement Scale Client Acquisition NTB. 12 NTB NR CASA Accounts (Total NTB) 15% Up to 300% HNI Acquisition. 3 NTB ( Artha, Epic and Explorer) 10% Up to 300% Branch Distribution. 70% mapped Branches to be activated in NR NTB every Month excluding E category Branches, capped at 10 Branches 10% Up to 200% POL Growth RV Growth (Deepening + NTB Value) As per Budget Sheet 15% Up to 300% FCNR Deposits. 50 K USD /Equivalent Curency. 5% Up to 300% CASA Growth As per Budget Sheet 10% -100% to 300% M0 Funding 4 Accounts 5% Up to 300% Revenue Revenue- TPP and AD1 (Inward+ Outward+ Forward)+ LI + GI + MF+PMS+AIF Revenue. INR 2 Lakhs 15% Up to 300% Remittances First Remittance ( Inward + Outward) during customer life cycle- ESFB SWIFT Transfers. 3 NTR clients( UCIC). 5% Up to 300% Client Engagement Total Unique PH growth( TD Including FCNR/RD/LI/GI/HI/MF/SIP/ASBA) 10 Nos 5% Up to 200% Family Banking+ Epic/Artha Upgarde 5 Nos 5% Up to 200% NR PSM Incentive Plan Quantitative Parameters Achievement % Fixed Incentive (Rs. P.M.) 150% -199.99% 50,000 100%-149.99% 40,000 80%-99.99% 25,000 60%-79.99% 20,000 50%-59.99% 7,000 Below 50% 0 Max Incentives at 80% CTC for the Month - Monthly Payment on M+2 Basis. Nil Mis selling/Fraud -5% booster on SOP score Nil Sr. Management escalation -5% booster on SOP score
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