Preeya Pariwar
 
New Registration
Preeya Pariwar
Seminars
Office Zone
news
DOWNLOAD PROPOSAL FORMS
LEARNING PROGRAMMES
Business Plan
PREEYA PARIWAR AT A GLANCE

PREEYA Home Study (P) Limited is incorporated as a Private Limited Company under the Companies Act 1956 vide No. 17-017840 of 2002-2003. The various details of the company are as follows :

  • P A N - AADCP 2254P
  • T A N - JPRP02242C
  • Service Tax - AADCP2254PST002

Bank Accounts:

  • Punjab National Bank 1586002100027242
  • State Bank of Bikaner & Jaipur 61011381502
  • The Bank of Rajasthan 1330301110884
  • Oriental Bank of Commerce 11821131000914
  • Union Bank of India 553301010050006
  • Bank of India 166342011000140
  • State Bank of India 30342192701

PREEYA Promotional Committee (PPC) & PREEYA Working Committee (PWC)
In order to provide functional transparency and to offer an equitable stake to all stakeholders a working/promotional committee known to be PREEYA Working Committee (PWC) and PREEYA Promotional Committee (PPC) has been constituted. The committee comprises not more than 31 members selected from the Platinum, Diamond, Gold and Silver Stars of the Company by the Board of Directors. The Committee so constituted will elect its President with the consent of Board of Directors.

The Committees has the following rights:
  • Right to audit / oversee the entire process of distribution of monthly income under Special Monthly Income Plan.
  • Right to honour any member working meritoriously for the company.
  • Right to relegate or deprive the member to receive commissions if the member found to be working against the interests of the Company.

Note : In the event of any arbitration or conflict the decision of the Board of Directors will be final and binding.

E-Learning - New Age Learning Platform :

E-learning has revolutionized the field of teaching and training universally. Currently it is the most popular medium of learning platform because of its flexibility in time as well as place of learning. Recent studies have revealed that students are equally comfortable, if not more, with online instructions as well as traditional classroom instructions. Now-a-days even online doctoral program have been developed by leading Universities of the world.

The following facts are instrumental in making e-learning an immensely popular platform :

  • It is cheaper as compared to traditional classroom learning because it saves more than 60% of expenditure.
  • Being available round the clock, one can learn as per one's convenience at any place and time without disturbing his scheduled routine activity. The only requirement is a computer with internet connection at his place of choice.
E-Learning is predominantly divided into following two categories:
  • Asynchronous: Wherein no classrooms, dialogue & debate and time limitation exist.
  • Synchronous: Where the member or student is physically present in any cyber classroom at time of knowledge delivery.
FUTURE PROSPECT Of E-learning
Technological advancement along with ubiquitous availability of internet has brought the nations so close that the entire world has ultimately become a global village. It facilitates student to attend any class, worldwide, gain access to any library and other relevant study material. It makes the study meaningful, interesting and impressive. It is a matter of encouragement and profound pleasure that Indian E-learning industry is approx 316 Million dollars industry which is 1.6% of the global market. Indian E-learning industry had been experiencing a healthy compounded annual growth rate (CAGR) of approximately 30% over last 5 years. It is expected that this industry will grow at similar or better pace for coming few years. Indian Govt. has taken unprecedented steps towards creating a sound infrastructure in the field of Information Technology through E-learning projects. No doubt, we are on the threshold of new opportunities. It is a new star in the horizon of education.

PREEYA Pariwar Programs at a Glance

On-line Training :
Family Pack : The various features of this curriculum are as follows:-
(i) The program offered under family pack is an online learning process through our website www.preeyanits.com.
(ii) On enrolment, each student member is allotted user name and password. One can access the full content of the package using the allotted user name and password.
(iii) The family pack courses are best suited for various members of a family to have an insight into the latest developments in the field of Computer Science and Information Technology.
(iv) A single registration from a family can educate all family members with the help of a computer along with an internet connection at home.
(v) The tutorials are designed by professional teams and are regularly validated and tailored as per the industry demands.
(vi) The course contents are regularly updated by our specialist professional R&D teams.
(vii) In case of any query or clarifications during online learning process one can contact us through ‘WRITE TO US’ option on our website.
(Viii) Question banks are provided for every topic to facilitate self assessment by the student.
Under family Pack two types of courses are offered

E-Certificate in Computer Operation
This is a 240 hrs on-line course on IT fundamentals, basic accounting, internet & HTML and office management.

E-Professional course in Computer Application
This is a 540 hrs on-line course on IT fundamentals, database with MS-Access, Programming in C, internet and HTML, financial accounting, MS-SQL 2005, Object Oriented Programming using C++, Tally 9. In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. The students will be able to asses their competence instantaneously by going through our online package.

E-Certificate Course in Financial Planning:
This is a 540 hrs on-line course on Indian Insurance Law and rules and regulation of stock market. In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. The students will be able to asses their competence instantaneously by going through our online package.

Classroom Programs
In India, some of the villages are still deprived of the basic facilities of computer system and internet. Thus, it is essential to impart computer education using traditional mode of classroom teaching as well.

In order to impart classroom learning to our students there are hundreds of Training Centers in various parts of India. The Company conducts various job oriented professional programs under the traditional mode of classroom education through its Training Centers. These training Centers are functioning under the registered trade mark of ‘NITS’. The courses are multi dimensional and are specially designed to meet the needs of the changing market, as well as to suit the convenience of one and all.

NITS Programs
Professional Diploma in Computer Application (PDCA): This is one year part time diploma program designed for 10+2 students. After successful completion of PDCA the student can have ample opportunity of employment as Programmer, Computer Operator, Computer Instructor, Call Centre Executive, Accounts Assistant, Counselor and Receptionist.

Certified Business Manager (CBM): This is one year part time diploma program. This unique course is best suited for the students looking for bright career in business management field. After completion of CBM course there are a plenty of opportunities of employment as Accounts Manager, Investment Advisor, Tax Consultant, Accounts Executive and Marketing Executive in Financial Sector, Accounts Faculty and Share Market Consultant.

Diploma in Marketing Management (DMM): This is a one year part time diploma program. This program is best suited for the students looking for bright career in the Marketing field. The program is available only at selected learning centers of NITS. After successful completion of DMM the student has plenty of opportunities of employment as Marketing Executive, Marketing Manager, Relationship officer, Product Manager, Research & Development Officer and Marketing Faculty.

Professional Diploma in Computer Hardware and Networking (PDCHN): This is one year part time diploma program. This is an advanced program best suited for the students looking for bright career in Computer Hardware and Networking domain. The course is available at select Franchisee’s of NITS. After successful completion of this program the student has plenty of employment opportunities as Hardware Engineer, Network Engineer, NOC Manager, Mobile & Wireless Engineer and Teaching Faculty. The student can also setup their own business venture in this growth sector.

In addition to the above programs, several short term courses are also conducted by NITS. The list of short term courses is available on our website www.preeyaeducation.com.

Online Examination and Certification: Online examinations are conducted and certificates are awarded for successful candidates. An additional amount of Rs. 150/- towards examination fee is to be paid by each candidate seeking qualifying certificate. The certificates are awarded under the registered trade mark of the company i.e. NITS.

On overwhelming demand from our students the programs are designed with an innovative marketing concept called ‘Earn while you Learn’. Under this concept the marketing offers are divided into following categories:


PREEYA Popular Packages

Category “A”: e-Certificate in Computer Operations
Fee - Rs. 8800/- (One time payment including Service Tax)
The Package Offers
a) 240 hours of on-line learning facility using member’s user ID and password on our website www.preeyanits.com.
b) Discount coupon of Rs. 8800/- on CBM/DMM/PDCHN course fee for self or sponsored candidate. This discount coupon is to be used to get rebate in total fee for classroom program CBM/DMM/PDCHN at any NITS institute.
c) Discount coupon of Rs. 7800/- on PDCA course fee for self or sponsored candidate. This discount coupon is to be used to get rebate in total fee of classroom PDCA course at any NITS institute.
d) Insurance Premium coupon of Rs. 8000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member between age group of 18 years to 50 years must be insured through PREEYA Pariwar to utilize the coupon.
e) One coupon worth of Rs. 250/- to attend free seminar at Head Office or at near by seminar venue.
f) Member’s life security of Rs. 50,000/- for 10 years in case of accidental death. This amount will be paid in three yearly installments i.e Rs 20000/- in first and second year and Rs 10000 in third year.
g) Placement assistance to the family members through our website.

Category “B”: e-Professional Course in Computer Application
Fee – Rs. 13800/- (One time payment including service tax)
The Package Offers
a) 540 hours of on-line learning facility using member user ID and password on our website www.preeyanits.com.
b) The In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. This online assessment will help the students to prepare and gauge themselves for any competitive examination.
b) Discount coupon of Rs. 9,800/- on CBM/DMM/PDCHN course fee for self or sponsored candidate. This discount coupon can be used to get rebate in total fee of classroom course CBM/DMM/PDCHN at any authorized NITS institute.
c) Discount coupon of Rs. 7,800/- on PDCA course fee for self or sponsored candidate. This discount coupon can be used to get rebate in total fee for classroom PDCA course at any NITS institute.
d) Microsoft Certification.
e) Insurance Premium discount coupon of Rs. 15,000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member between age group of 18 years to 50 years must be insured through PREEYA Pariwar to utilize the coupon.
f) One coupon worth of Rs. 1000/- to attend free four seminars at Head Office or at near by seminar venue.
g) Educational tour from Delhi to Goa or equal distance air ticket (by Lucky draw). Cash equivalence is not permitted for this offer.
h) Member’s life security of Rs. 1,00,000/- for 10 years in case of accidental death. This amount will be paid in five yearly installments of Rs 20000/- each.
i) Placement assistance to the family members through our website.


Category “C”: Rs. 16,800/- (One time payment including service tax)
The Package Offers
a) One Year PDCA program at authorized NITS institute.
b) Microsoft Certification.
c) 540 hours of online learning facility using your user ID and password on our website www.preeyanits.com.
d) In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. This online assessment will help the students to prepare and gauge themselves for any competitive examination.
e) Insurance Premium discount coupon of Rs. 16,000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member between age group of 18 years to 50 years must be insured through PREEYA Pariwar to utilize the coupon.
f) One coupon worth of Rs. 250/- to attend free seminar at Head Office or at near by seminar venue.
g) Member’s life security of Rs. 1,00,000/- for 10 years in case of accidental death. This amount will be paid in five yearly installments of Rs 20000/- each.
h) Placement assistance to the family members.


Category “D”: Fee – Rs. 31,800/- (One time payment including service tax)
The Package Offers
a) One Year CBM/DMM/PDCHN program at authorized NITS institute.
b) Microsoft Certification.
c) 540 hours of online learning facility using your user ID and password on our website www.preeyanits.com.
d) In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. This online assessment will help the students to prepare and gauge themselves for any competitive examination.
e) Insurance Premium discount coupon of Rs. 20,000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member between age group of 18 years to 50 years must be insured through PREEYA Pariwar to utilize the coupon.
f) One coupon worth of Rs. 250/- to attend free seminar at Head Office or at near by seminar venue.
g) Member’s life security of Rs. 1,00,000/- for 10 years in case of accidental death. This amount will be paid in five yearly installments of Rs 20000/- each.
h) Placement assistance to the family members.

PREEYA Mixed Packages

Category “E”: Fee – Rs. 36800/- (One time payment including service tax)
The Package Offers
a) One year PDCA classroom course and practical training at any NITS institute.
b) Microsoft Certification.
c) 540 hours of online learning facility using your user ID and password on our website www.preeyanits.com.
d) In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. This online assessment will help the students to prepare and gauge themselves for any competitive examination.
e) Insurance Premium discount coupon of Rs. 20,000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member between age group of 18 years to 50 years must be insured through PREEYA Pariwar to utilize the coupon.
f) Member’s life security of Rs. 1,00,000/- for 10 years in case of accidental death. This amount will be paid in five yearly installments of Rs 20000/- each.
g) One coupon worth of Rs. 1000/- to attend four free seminars at Head Office or at other venues.
h) Educational tour from Delhi to Goa or equal distance air ticket. Cash equivalence is not permitted for this offer.
i) Placement assistance to the family members.

CATEGORY “F”: Rs. 54,800/- (One time payment including service tax)
The Package Offers

a) One year PDCA or CBM/DMM/PDCHN classroom program at near by NITS institute.
b) Microsoft certification.
c) 540 hours of on-line learning facility using your user ID and password on our website www.preeyanits.com.
d) In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. This online assessment will help the students to prepare and gauge themselves for any competitive examination.
e) Insurance Premium discount coupon of Rs. 20,000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member between age group of 18 years to 50 years must be insured through PREEYA Pariwar to utilize the coupon.
f) One coupon worth of Rs. 1000/- to attend free four seminar at Head Office or at near by seminar venue.
g) Educational tour from Delhi to Goa or equal distance air ticket for CBM/DMM/PDCHN student members. Cash equivalence is not permitted for this offer.
h) Educational tour from Delhi to Bangkok or equal distance air ticket or a Laptop for PDCA student members only. Cash equivalence is not permitted for this offer.
i) Member’s life security of Rs. 1,00,000/- for 10 years in case of accidental death. This amount will be paid in five yearly installments of Rs 20000/- each.
j) Placement assistance to the family members.

CATEGORY “G”: Rs. 72,800/- (One time payment including service tax)
The Package Offers

a) One year CBM/DMM/PDCHN classroom program at near by NITS institute.
b) Microsoft Certification.
c) 540 hours of online learning facility using your user ID and password on our website www.preeyanits.com.
d) In addition to the above package the students will be able to take an online test in Physics, Chemistry and Mathematics using our online package. This online assessment will help the students to prepare and gauge themselves for any competitive examination.
f) Insurance Premium discount coupon of Rs. 20,000/-. This coupon can be used against 20% of first premium amount of insurance. The company also pays a discount of 15% on 2nd installment and 10% on 3rd installment. The member must be insured through PREEYA Pariwar to utilize the coupon.
g) One coupon worth of Rs. 1000/- to attend free four seminar at Head Office or at near by seminar venue.
h) Educational tour from Delhi to Bangkok or equal distance air ticket or a Laptop. Cash equivalence is not permitted for this offer.
i) Member’s life security of Rs. 1,00,000/- in case of accidental death. This amount will be paid in five yearly installments of Rs 20000/- each.
j) Placement assistance to the family members.

Category “H”: Fee – Rs. 3,800/- (One time payment including service tax)
The Package Offers

a) 75 hours Computer Literacy Course (MS-Office and Operating System)
b) One coupon worth of Rs. 250/- to attend free seminar at Head Office or at near by seminar venue.

Membership : The individuals who register under any of the above mentioned category is given a membership under the unique concept called ‘Earn While You Learn’. The e-learning courses members are allotted with e-learning code and classroom learning student members are allotted with classroom code. This membership is offered to each individual who joins the scheme to create his/her business opportunity along with the growth of the Company. We strongly believe that our member students are true brand ambassadors for our offerings. During the process these members are allotted a unique code number in the organization which becomes the reference to identify the member’s growth in the Company. These members are encouraged to market the courses through Direct Marketing and Referral Marketing process. The members contribute towards the growth of the Company by bringing in student members by sincere, ethical and methodical advertisement about the various programs of the company and its marketing policies through personal contacts and referral. On successful joining of the referred individual the referee is eligible for Common Basic Commission (CBCs) under this scheme. The member is entitled for proportionate commission along with the growth of Company. A member is free to avail education at any time at any of the authorized NITS institute or through online learning process. The student member is free to nominate a needy person to avail educational benefits at NITS institute or through online learning.


Method of Registration
Off Line: An individual can deposit the requisite fee in favour of PREEYA Home Study Private Limited in any of the banks listed in this prospectus. The members are to Fax the deposit slip with duly filled form to our Head Office on Fax number 0141-3026703 along with the details of serial number of the application form or the name and date of birth of the individual. Payment can be made through bank draft also. In such a case, the details of the individual members are to be indicated on the reverse of the bank draft. The bank draft along with duly filled application form is to be forwarded to ‘The Manager Registration,’ Preeya Home Study Private Limited at our Head office, Jaipur. The members are to confirm their registration code number from the Head Office within 24 hours of receipt of Fax or mail. At Jaipur Head Office one can deposit cash and obtain the code number instantaneously.

On-Line : One can also register online through our website www.preeyanits.com. After having deposited the fee as explained above, application can be submitted online and a temporary ID number can be obtained. The members are to Fax the deposit slip indicating Temp.ID number or scan the slip and e-mail to the Company on preeyaoffices@gmail.com / registration@preeyanits.com. Thereafter the permanent code number could be obtained through our website by using temporary number within 24 hours.

Note : After registration of the individual the permanent code number has to be used for all future correspondence with the Company. Henceforth the code number could be used as User Name to view one's personal information and for on-line learning on our web site. Till the member creates or changes his/her password, the company registers this code number as his/her password.

The Strength of PREEYA's unique Marketing Policy
1) Strong base with hundreds of Institutes all over India by the brand name ‘NITS’.
2) Opportunity to market NITS programs along with regular classroom learning.
3) Target based promotion to the members.
4) Member's life security up to Rs 5 lacs.
5) Monthly earning for the members.
6) Membership offered to the individual for generation, without any renewal fee.
7) No lapse/ degradation in promotion.
8) A strong Pariwar of Lacs of smiling faces.

Note: The words used in the prospectus such as basic commissions, benefits, monthly income, promotional income, royalty, bonus etc are used in lieu of the word ‘commission’ paid to the members. All the commissions are liable for TDS and any other taxes as applicable from time to time.

Members' Life Security
In order to offer a financial support to member families in the event of unfortunate demise of member, a small amount from the commissions is contributed towards this pool as security amount as per the prescribed rule. Any such amount shall be deducted from the net commissions of each member. This benefit is not available to Category H members (i.e. course fee of Rs.3800/-). The present rule(s) and procedure(s) of financial help are as follows:-

Accidental Death: A sum of Rs. 1,00,000/- to Category B,C,D,E,F&G and Rs. 50,000/- to Category A members would be offered to the nominee of the deceased member in the event of accidental death (not covering diseases/ suicide/ heart attack/delivery). This help is offered only to those members who has completed at least 7 days from date of registration and up to 10 years from date of registration. Members are eligible for this benefit between 4 years of age up to 60 years of age. This amount shall be processed on 31st March, 30th June, 30th Sept and 31st Dec every year and shall be paid in maximum yearly installments of Rs. 20,000/-.

Note: In case of re-registration by the members or if a member has registered at more than one code/course, the member shall be considered as single member for Accidental Death payment. However for deduction towards security amount registered codes shall be considered as different entries. The rules and procedure(s) of payment may be amended from time to time. Any amendment to the above benefits or related rule(s) shall be in the presence of PREEYA Promotional Committee (PPC). It shall be mandatory that at least 2/3 of present members of PPC shall vote in favour of such amendment. The decision of PPC shall be final and binding upon all the members and their nominee.

The executive and above achievers are eligible for additional member’s life security up to 65 years of age as shown in the table given below.

Designation

Additional Amount  

Conditions to Receive Amount

Executive

Rs. 50,000

Must receive 2nd slab executive commissions for 8 months during last 12 months

Sr. Exe.

Rs. 1,00,000

Must receive 2nd slab senior executive commissions for 8 months during last 12 months

S.Sr. Exe. Rs. 1,50,000 Must receive 2nd slab super senior executive commissions for 8 months during last 12 months
Silver Star Rs. 2,00,000 Must receive levels royalty for 8 months during last 12 months.
Gold Star Rs. 2,50,000 Must receive levels royalty for 8 months during last 12 months.
Diamond Star Rs. 3,00,000 Must receive levels royalty for 8 months during last 12 months.
Platinum Star Rs. 3,50,000 Must receive levels royalty for 8 months during last 12 months.
PREEYA S Star Rs. 5,00,000 No condition apply


Financial Benefits at a Glance

Note: All types of financial benefits are released after deduction of TDS, member's security amount and other taxes as applicable from time to time.

Common Basic Commissions (CBCs) : The moment a student member (except Category H) joins PREEYA Pariwar, he/she becomes eligible to receive Common Basic Commission (CBC). These commissions are credited to his account as and when he/she becomes eligible to receive them. This group will grow in multiples of two, as new student members join. The formation of the group will take place in the order of 1,2,4,8,16,32,64,128,256,……………. and so on. On 6th stage i.e when 64 members have joined, the first member (if Category B) will receive Rs. 41,400/- and student members of other categories will receive Rs. 26400. When 128 members have joined the group, the next two members will receive the commissions and so on. However, to receive CBCs at 6th stage a member has to refer at least one Category B member or equal fee, else his/her eligibility to receive the CBCs will slip to 7th stage and he/she has to refer at least category “H” student member.

The period of receiving the commission will depend upon the seniority of joining in the group and the overall student member’s growth in the company. The company has been maintaining an average monthly growth of 10%. In coming years it is expected that the growth rate is likely to increase beyond 10%, reason being the increasing demand for technical and job oriented education in the years to come. PREEYA Pariwar has set a target to establish 4000 franchisee institutes by 2014 under “NITS MISSION 4000”. At this rate of growth even the last member of this pool will receive the CBC within a reasonable period of six years. The 10% monthly growth for the pool is calculated on the total number of members in the Company from the date of commencement of the pool. This time period has been worked out at compound monthly growth rate of 10%. If the growth deceases, the time of receiving CBCs increases and vice versa.

Special CBCs (SCBCs): In order to offer an accelerated earning opportunity in a shorter period of time to potential student member’s, the Company has implemented a higher income disbursal plan under Special CBC. This offer is extended to those members who can generate higher volumes of business growth within a specific time period. The SCBCs are disbursed in lieu of CBCs. All members can earn these commissions by taking various educational programs of Preeya Pariwar to door step of the deserving. The commissions paid under PREEYA Growth Income (PGI) and Special Monthly Income Plan (SMIP) is known as Special Common Basic Commissions (SCBCs). The SMIP and PGI received in first 18 months are known as SCBCs. The Category A members will receive 50% of PGI and Category “H” members are not eligible for these commissions. The SCBCs are based on growth of student members in the Company and is paid to the eligible members. The PREEYA Pariwar disburses 12% of marketing turnover as SMIP and 12% of marketing turnover as PGI (total 24% as SCBCs) to all eligible members. The SCBCs are based on monthly marketing turnover of the company and is calculated @ Rs.5800/- per registration for any type of program. The eligibility criteria for receiving the amount and the period of receiving SCBCs are based on the marketing turnover of fee received in the member's code and/or in the group under member’s code. The same has been explained below.

Note : The targets to achieve various levels of achievements/promotions and process of earning commissions are explained as per Category “B” registrations. A member can achieve ‘equal fee target’ by registering other categories of student members as well. All commissions are based on percentage mentioned in this prospectus and are calculated on Rs.5800/- for all category of members except Category ”H”.

Eligibility for Special Monthly Income Plan(SMIP) and PREEYA Growth Income (PGI)

The moment a member refers two Category B members under his/her membership code (or fee of Rs. 27600/-), it makes him/her eligible to earn 6% as SMIP and 6% as PGI for duration of 6 months. This makes him eligible to earn a total of 12% of SCBCs for 6 months. The members referred directly under the membership code are known as level one (L-1) members.

If the members at level one (L-1) refers at least three Category B members each or Rs. 41,400/- fee under L-1 members, both SMIP & PGI is enhanced by another 3% each. The member is now eligible for 18% of SCBC. Additionally, total period of receiving PGI (which was till now for 6 months) gets extended by another 4 months (totaling to 10 months). The SMIP receiving period shall not be extended with level. The student members referred under L-1 members are known as level two (L-2) student members.

If the members at level two (L-2) refers four Category B members or does a business of Rs. 55,200/- (or equivalent fee) under L-2 members, both SMIP & PGI gets increased by another 2% each. The member is now eligible for total SCBCs of 22% (11% SMIP and 11% PGI). Additionally, total period of receiving PGI (which was till now for 10 months) gets extended by another 4 months (totaling to 14 months).

Levels

Equal fee in Rs.

Total Members

SMIP (%) PGI (%) SMIP Duration (Months) PGI Duration (Months)
Member - 1 Nil Nil Nil Nil
L – 1 27,600/- 2 6% 6% 6 6
L – 2 41,400/- 3 9%   (6+3) 9%   (6+3) 6 10
L – 3 55,200/- 4 11% (9+2) 11% (9+2) 6 14

How to increase the receiving period of SMIP : The members of all categories (except category “H”) can continue to receive SMIP for life time by referring members in direct membership code. The SMIP receiving period will increase by another 3 month for joining of Category A student member and by 6 months for referring other Category of student members (except Category H). Suppose a member refers 10 Category B members in direct membership code, in such a case with first 2 members joining, the SMIP receiving period will be for 6 months and by the next 8 members it will be for 48 months. It means that the member will receive SMIP for 54 months without any further contribution.
 
The commissions are calculated in percentage at each level. The disbursement amount is calculated based on the marketing turnover from all over India and number of eligible members. All the three levels of income from SMIP and PGI is summed up and paid to the member by 10th day of a month along with other commissions, if any.

Example :  Suppose in a month, in SMIP, total eligible members at L-1 is 10000, at L-2 is 4500 and at L-3 is 2300.  Similarly, in PGI total eligible members at L-1 is 7000, at L-2 is 3000 and at L-3 is 1300. If the student membership in the month is 20000, in such a case, the income shall be calculated as follows:

The amount available at each level for SMIP & PGI will be as follows:

Levels

Percentage (%)  

Amount Available (Rs)

L – 1

12

13920000

L – 2

6

6960000

L – 3 4 4640000

So the total amount of Rs. 2,55,20,000/- is available in a month to be paid to the members as Special Common Basic Commissions (SCBCs)

The income calculation for each member as per level will be as follows:

Levels

SMIP Commission (Rs)

PGI Commission (Rs)

L – 1

696

994

L – 2

773

1160

L – 3 1009 1785
Total 2478 3939

The member at level 1 will receive Rs. 1690/-, at level 2 will receive Rs. 3623/- and at level 3 will receive Rs. 6417/- in a month.

Note: The SCBCs are variable as per the number of eligible student members and total student members joining in a month.

Acceleration in CBCs: The time a member refers two Category B student members or equal fee in his/her code, he/she is allotted with a new code number. Such achievers are arranged in a sequence as per the new code number. If the received SCBC amount is less than Rs. 41400/-(Only for Category B) and Rs. 26400/- (for other Categories of student members) within 18 months from the date of referring 2 Category B members (or equal amount), then the Company will disburse 2% of monthly marketing turnover as difference of amount (“Rs.41400” minus “amount received” for Category B or “Rs. 26400” minus “amount received” for other Categories). This amount shall be calculated monthly and paid quarterly.

Advanced CBCs/SCBCs under Special Scheme: Once a member refers 3 in number Category C or 2 in number Category D members, he/she becomes eligible to receive Rs. 15000/- as advance CBCs/SCBCs. This amount shall be paid with current month’s commissions.

* Category B, C, D, E, F & G shall be known as special category members.

Target Achievements and Associated Commissions (Working Commissions)
| If a member is willing to create a faster business growth by enrolling more student members, then he/she becomes eligible to receive additional monthly commissions as explained below. One can achieve the promotion to PREEYA Star position in the organization and continue to receive monthly commissions up to seven digits.

Executive: The time a member achieves 11% of SMIP with total 4 Category B members in level 1 (means qualifies to receive 11% SMIP for a total period of 18 months), he/she shall be promoted to Executive. The time a member achieves the Executive position, the SMIP and PGI will be incremented by 1%. Additionally, total period of receiving PGI (which was till now for 14 months) gets extended by another 4 months (totaling to 18 months).

MIP Commission (Rs)

PGI Commission (Rs)

Levels

No of members

Levels

Amount of fee in Rs

0

Self

0

Self joining
1 4 1 55,200/-
2 3 2 41,400/-
3 4 3 55,200/-

Commissions to the Executive: On achievement of promotion to Executive, a minimum of 11 Category B members are ready to contribute in the member’s Executive group. If there are less than 5 Category B members (or other Category (ies) members of equal fee) registered in the Executive group in a month, the member shall be eligible to receive Rs. 410/- on each special category registration in the group. In case there are 5 or more Category B members (or other Category (ies) members of equal fee) registered in the Executive group in a month, the member shall receive Rs. 820/- for each Special Category registration.

Senior Executive: On achieving 30 Category B registrations (or equal fee) under Executive code, the members shall be promoted to Senior Executive position. The PGI will be increased to 13% (i.e. 1% more).

Commissions to the Senior Executive: On achievement of Senior Executive position around 41 members are ready to contribute in Senior Executive group. If there are less than 11 Category B members (or other category (ies) members of equal fee) registered in the Senior Executive group in a month, the member shall receive Rs. 280/- for each Special Category registration in the group. If the number of registrations in the group is 11 or more of Category B registrations (or other category (ies) members of equal fee) in a month, the member shall receive Rs. 560/- for each special category registration in addition to commissions earned as Executive.

Super Senior Executive: On registration of 90 Category B members (or equal fee) under Senior Executive code, a member gets promoted to Super Senior Executive position.

Commissions to the Super Senior Executive: On achievement of Senior Executive position around 131 members are ready to contribute in Super Senior Executive group. If less than 21 Category B members (or equal fee) register in the Super Senior Executive group in a month, the member shall receive Rs. 250/- for each Special Category registration in the group. If 21 or more Category B members (or equal fee) register in the group in a month, the member shall receive Rs. 500/- for each Special Category registration in addition to Senior Executive and Executive commissions.

Silver Star: On receipt of 301 Category B student members fee (or equal fee) in the Super Senior Executive code, the member shall be elevated to Silver Star.

Commissions to the Silver Star: If less than 40 Category B members (or equal fee) registers in Silver Star group in a month, the member shall receive Rs. 175/- for each Special Category registration in the group. If 40 or more Category B members (or equal fee) registers in the group in a month, the member shall receive Rs. 350/- for each Special Category registration in addition to all above commissions.

Gold Star: On receipt of 901 Category B student members fee (or equal fee) in the Silver Star group, the member shall be elevated to Gold Star.

Commissions of Gold Star: If less than 100 Category B members (or equal fee) registrations in Gold Star group in a month, the member shall receive Rs. 150/- for each Special Category registration in the group. If 100 or more Category B members (or equal fee) registers in the group in a month, the member shall receive Rs. 300/- for each special category registration in addition to all above commissions.

Diamond Star: On receipt of 3150 Category B student members fee (or equal fee) in the Gold Star group, the member shall be elevated to Diamond Star.

Commissions of Diamond Star: If less than 350 Category B members (or equal fee) register in Diamond Star group in a month, the member shall receive Rs. 125/- for each Special Category registration in the group. If 350 or more Category B members (or equal fee) register in the group in a month, the member shall receive Rs. 250/- for each Special category registration in addition to all above commissions.

Platinum Star: On receipt of 12500 Category B student members fee (or equal fee) in the Diamond Star group, the member shall be elevated to Platinum Star.

Commissions of Platinum Star: If less than 2500 Category B members (or equal fee) registers in Platinum Star group in a month, the member shall receive Rs. 90/- for each Special Category registration in the group. If 2500 or more Category B members (or equal fee) register in the group in a month, the member shall receive Rs. 180/- for each Special Category registration in addition to all above commissions.

Super Platinum Star: On receipt of 55000 Category B student members fee (or equal fee) in the Platinum Star group, the member shall be elevated to Super Platinum Star.

Commissions of Super Platinum Star: If less than 7500 Category B members (or equal fee) registers in Platinum Star group in a month, the member shall receive Rs. 70/- for each Special Category registration in the group. If 7500 or more Category B members (or equal fee) register in the group in a month, the member shall receive Rs. 140/- for each Special Category registration in addition to all above commissions.

PREEYA Star: This is most prestigious achievement in PREEYA Pariwar. On receipt of 2,85,000/- Category B student members fee (or equal fee) in the Platinum Star code, the member shall be known as PREEYA Star.

Commissions of PREEYA Star: If less than 21000 Category B members (or equal fee) registers in PREEYA Star group in a month, the member shall receive Rs. 50/- for each Special Category registration in the group. If 21000 or more Category B members (or equal fee) registers in the group in a month, the member shall receive Rs. 100/- for each Special Category registration in addition to all above commissions.

Special Commission to PREEYA Star: PREEYA Star will also receive monthly Rs.29/- for each joining in the company (except category H). This will be monthly revised by PREEYA Promotional Committee (PPC).

Note: The Category A student members will receive half of the commissions, as compared to the Special Category registrations.


Special Offers for outstanding members

(Time period to be calculated from executive achievement or the difference of days between two achievements)

Gold Star          - 270 days – Car of around Rs. 3 lacs
                             - 365 days – Rs. 1,00,000/-

Diamond Star  -   480 days – Car of around Rs. 7 Lacs
                                   570 days - Car of around Rs. 5 Lacs
                                   660 days - Car of around Rs. 3 Lacs

Platinum Star   -   480 days – Rs. 21 Lacs
                                    570 days - Rs. 15 Lacs
                                    660 days - Rs. 11 Lacs


Time frame for One Time Commissions on Achievements

Promotion

Time duration

Offer

Executive

Nil

Executive Kit

Senior Exe.

60 days after Ex. Achievement

3100/-

 

90 days after Ex. Achievement

2100/-

 

120 days after Ex. Achievement

1100/-

Super Sr. Ex.

90 days after Sr. Ex. Achievement

7100/-

 

120 days after Sr. Ex. Achievement

5100/-

 

150 days after Sr. Ex. Achievement

4100/-

Silver Star

270 days after Super Sr. Ex. achievement

PREEYA Motorcycle

 

360 days after Super  Sr. Ex. achievement

21000/-

 

450 days after Super  Sr. Ex. achievement

11000/-

Gold Star

421 days after Silver Star achievement

51000/-

 

511 days after Silver Star achievement

PREEYA  Motorcycle

 

601 days after Silver Star achievement

21000/-

Diamond Star

480 days after Gold Star achievement

Alto  LXI

 

540 days after Gold Star achievement

Maruti 800

 

630 days after Gold Star achievement

100,000/-

Platinum Star

630 days after Diamond Star achievement

Maruti Swift Car

 

720 days after Diamond Star achievement

Alto LXI

 

810 days after Diamond Star achievement

Maruti 800

Super Platinum

810 days after Platinum Star achievement

Rs. 15 Lacs

 

930 days after Platinum Star. achievement

Rs. 11 Lacs

 

1050 days after Platinum Star achievement

Rs. 5 Lacs

PREEYA Star

950 days after S. Platinum Star achievement

Assets of 1 Crore

 

1130 days after S. Platinum Star. achievement

Assets of 0.75 Crore

 

1310 days after S. Platinum Star achievement

Assets of 0.51 Crore

Commissions from 7 levels after Super Senior Executive

Main Super Senior Executive

L1

1%

L2

1%

L3

0.75%

L4

0.50%

L5

0.50%

L6

0.25%

L7

0.25%

Target to receive above 7 levels Royalty
Super Senior Executive =11 Category B registration (or equal fee)
Silver Star = 21 Category B registration (or equal fee)
Gold Star     = 51 Category B registration (or equal fee)
Diamond Star = 201 category B registration (or equal fee)
Platinum Star = 701 Category B registration (or equal fee)
Super Platinum Star = 2100 Category B registration (or equal fee)
PREEYA Star = 7100 of category B registration (or equal fee)

L-1 Achievement Royalty

  • Level One Silver Star to Silver Star                                           0.25%
  • Level One Gold Star to Gold Star                                              0.25%
  • Level One Diamond Star to Diamond Star                             0.20%
  • Level One Platinum Star to Platinum Star                              0.15%
  • Level One Super Platinum Star to Super Platinum Star      0.15%
  • Level One Preeya  Star to Preeya Star                                    0.10%

Category H (Rs. 3800/-) course:  It shall be calculated in the business of achievers.

Responsibilities & Duties of Silver, Gold, Diamond, Platinum, Super Platinum Star

  • Silver Star shall conduct a minimum of 2 seminars/meetings in a month of his/her group.
  • Gold Star shall conduct a minimum of 4 seminars/meetings in a month of his/her group.
  • Diamond /Platinum / Super Platinum Stars shall conduct a minimum of 6 seminars/meetings in a month of his/her group.
  • He/ she shall prepare a chart of meeting for 3 months in advance with place & date of meetings & forward it to concerned senior for approval.
  • He/she shall be responsible to inform & motivate his/her group members to attend meeting with willing members.
  • The Silver Star shall make sure that a minimum of 50 willing members attend a meeting.
  • The Gold Star shall ensure that a minimum of 75 willing members attend a meeting.
  • The Diamond /Platinum / Super Platinum stars shall make sure that a minimum of 500 willing members attend a meeting.
  • Any change or postponement in schedule of meetings has to be intimated to the concerned senior in Head Office with reasons for such changes. A revised schedule of meeting should also be submitted to Head Office.
  • Monthly reports of meetings held are to be submitted to Head Office on the prescribed format positively by the 10th of succeeding month.
  • Under un-avoidable circumstances he/she may substitute another person with the prior consent of the Board of Directors.
  • A monthly meeting schedule to be obtained from Head Office well in advance.
Future Planning
Preeya Pariwar has always taken upon them the challenges befitting towards the progressive growth of the society. Towards the same initiative, Preeya Pariwar has set some targets matching to the aspirations of the Company. We intend to participate in the following ventures in near future:-
  • Establish an autonomous University.  
  • Establish 4000 Training Institutes all over India to offer technical education within a time span of four years.
  • Come out with an IPO for PREEYA as a Public Limited Company.
  • Establish District Controller Offices at District level.
  • Establish one Zonal office at each State.
  • Start graduate and post graduate level courses in technical and management education.
  • Publish own PREEYA news-paper.
  • Establish Computer Education Institutes in every town of India by 2017.

Important Notice
In case any member himself or parents or spouse or their children are found to be indulged in any activity against the Company, misleading any member associated with the Company, indiscipline shown in the public life or his conduct is found objectionable or suspicious, the PREEYA Working Committee (PWC) or PREEYA Promotional Committee (PPC) or Board of Directors reserves the right to stop or suspend temporarily all commissions due to the individual. No argument will be entertained against the decision of PREEYA Promotional Committee (PPC). Even if the dispute remains thereafter, the same will be decided by the independent Arbitrator under the Law of Arbitration.

Total Commissions at a Glance up to "PREEYA Star”

Category B

Maximum Regular monthly commissions           =Rs.6,10,69,900/-
Maximum Achievement commissions                                 =Rs.1,64,42,300/-
Maximum 7 Levels Super Sr. Royalty                    =Rs.7,93,52,540/- 
Grand Total Commissions up to PREEYA Star    =Rs.15,69,68,500/-+Monthly Offers +PGI+SMIP

Note:   The number of student members and commissions varies on achievement of PREEYA star position through other category of registrations

 

   
Copyright © 2005-2010 PREEYA HOME STUDY (P) LTD.
Site Powered By Gati Technology Systems
   
Preeya Pariwar