Friday 24 August 2012

Golden Trust Financial Services- A company with a vision to remove undemployment



GTFS Multi Services Limited

A brief introduction
 A Company With A Mission To End Unemployment In This Country By Providing Self Employment Opportunities To The Youth And All Needy Persons By Providing Life, Health And Accident Insurance To More Than 1.6 Billion Indians during Last Decade.
 A Company Established on 1st November 1995 (under Companies Act of 1956) and
Registered with IRDA in 2000, was converted into a Public Limited Company In 2005.
 In A Mission To Make Insurance Available To Each Household In The Country And Provide Them with Risk Cover For Their Health, Accident And Life Benefits Has Opened More Than 270 Branches In 22 States And 3 Union Territories And Has An Expansion Plan Of 2000 Branches In Next Few Years To Cater To The Needs Of The Millions Of People.


  • Golden Trust Financial Services established by Shri Bhavesh Majumdar on 1st November 1995 under Companies Registration Act 1956.
  • Registered with IRDA as Corporate Agent in 2000
  • Established as Public Ltd Company on 8th March 2005
  • Board of Directors
    1. Shri Deepak Rudra IAS (Retd.)( Chairman)- Ex CMD of UCO Bank
    2. Dr.   Sen Gupta- Ex- Chairman General Insurance Corporation of India
    3. Shri  G N Vajpayee- Ex- Chairman LIC and SEBI
    4. Shri. Sunil Shastri, Ex- Cabinet Minister, UP, Ex- MP
    5. Shri Vasudev Sen, Ex- Director, UTI
    6. Shri Nitish Sengupta IAS (Retd.)- Ex- Finance Secretary, Government of India
    7. Shri Kumud Bhattacharya
    8. Shri Nikhil Mohan
    9. Shri Bhavesh Majumdar, Managing Director, GTFS

Benefits of Joining GTFS.

  1. Commission ( overriding commission)
  2. Salary
  3. Prize ( Two wheeler, Four Wheeler, Foreign Trip, etc)
  4. Gift ( briefcase, Mobile and many other items)
  5. Development Allowance (Rs 25000 every six months from C-IV to C-IX, Rs 50,000 C- X to C- XII, Rs 75000 from Chief CO-I to Chief CO – XIII Rs 1.00 lakh from Chief CO-15 to 27)
  6. Retirement- Rs 7 lakh after 7 years, Rs 14 lakh after 14 years and Rs 21 lakh after 21 years
  7. Pension of Rs 25000 to Rs 3 lakh per month after 7 years

How Can I Join The Self-Employment Movement?

All people above the age of 18 can become a business partner of this great venture by joining as Junior Coordinator. You Can Call On Any Of Our Coordinator Nearest To You (More Than 75,000 Coordinators All Around The Country At Present) Along With Two Passport Size Photographs, Your Identity Proof, Address Proof, Etc. A Token Registration Fee of Rs 600+50 Only is charged (For Issuing an Identity Card and Business Starter Kitbag, forms, book(s), etc) You Are Ready To Start Your Golden Journey Of Self-Employment. With One Licence You Have The Opportunity Of Dealing In Varied Products Of Different Insurance Companies Which Are Approved By IRDA (Insurance Regulatory And Development Authority) Appointed By Government Of India.
Wide range of products: Life insurance, General Insurance (Personal Accident (PA) Policies), Mutual fund, Health Insurance, etc


Life Insurance
  • L IC Of India
  • Bajaj Allianz
  • Reliance Insurance
  • Future Generali
  • Max New York

General Insurance/Personal Accident Policy
  • Reliance General Insurance

Health Insurance
  • Star Health

Mutual Fund
  • Reliance Mutual Fund, Systematic Investment Plan(SIP)
  • Om Kotak Mutual fund

How Much Minimum Business I Should Generate To Continue In Business?
For Non Life Policies, mutual funds, etc a minimum of Rs 7500 within six months and For Life Insurance Policies a Minimum of Rs 30,000 Only Irrespective Of Number of Lives insured Or Policies. There is no upper limit. There are special prizes for achievers of Rs 2 lakh, 3 lakh and above.


Frequently asked questions (FAQ)
  1. What one aims for in life?
Money, Name and fame
  1. How can I get it?
By joining GTFS as Junior Coordinator
     2(a) Why should I join GTFS?
            For Career, salary, benefits, future prospects, etc.
  1. What I need to do?
You have to sell insurance products, mutual fund, etc for a minimum amount of Rs 30,000 that too for just 6 months.
  1. After that…?
You would be promoted as Coordinator and then you have to motivate others to do the same what you had done.
  1. Is that so...? It seems to be very simple...!
Yes, that is all you have to do…
  1. How many Junior Coordinators I have to motivate?
A minimum of 4 and maximum of 50 people.
     7.  It seems do interesting. Can you explain me the career structure?
There are 42 posts/designations with higher benefits and remuneration at each stage.
A.      Junior Coordinator
B.      Coordinator
C.     Coordinator I
D.     Coordinator II
E.     Coordinator III
F.      Coordinator IV
G.     Coordinator V
H.     Coordinator VI
I.        Coordinator VII
J.      Coordinator VIII
K.     Coordinator IX
L.      Coordinator X
M.   Coordinator XI
N.     Coordinator XII
O.     Chief Coordinator  I (similar structure upto level 42)

8                How much I can earn by joining GTFS?
            Sky is the limit. GTFS gives you assured benefits of salary, commission, conveyance, gifts, rewards, promotion at every stage of your career. You can win, Two-wheeler, Car, .etc by just achieving the targets        in addition to all above benefits. It gives you guaranteed retirement benefit of Rs 7 lakh ( after 7 years) Rs 14 lakh (after 14 years) and Rs 21 lakh ( after 21 years) in addition of minimum pension of Rs 22000 to 3 lakh per month after 7 years based on your individual/team effort. On an average each successful member of GTFS earns a minimum of Rs 5 crore in 21 years.
9.               Are you sure? Can I get all this?
Yes. More than 50,00,000 people at different stages are already getting all these benefits.
10. How much money should I invest to join this business?
There is no investment, We need your commitment, devotion and time to make yourself successful and help others to do the same. You can join with Rs 650( Rs 600 for joining/registration fee for licence and Rs 50 for stationery items), two passport size photograph, copies of address proof, Identity proof, etc with the help of a Coordinator from GTFS.
You will be issued a business starter kit with career structure, insurance proposal forms, etc.
11. Would I get any training or help from my seniors/coordinator?
You would get all support and training from your coordinator and all his seniors to achieve all success in the career. It is working on network concept with everyone getting some or the other benefit from association with each other.
Some important points
·                     Top 10 prize: Top 10 Junior Coordinator, Coordinators of each branch would be awarded on the basis of premium collection by them
·                     Top 20 prizes: Top 20 collections of premiums from all branches by all ranks would be awarded.
·                     Top 3 Prizes: Top three collectors from all branches would be sent on foreign tour by the company( GTFS).
Awards/ Rewards/salary/commission at various stages at various stages of career.
Junior coordinator:
The first step in long journey of 21 years of the Golden career of GTFS Where one decides how his future would be. As he/she is his/her own boss they can set their own targets according to their own capacities and capabilities. Smaller the target smaller the achievement in the long run.
Minimum target is like pass mark for qualifying each stage of your career and successful persons always aim high and set higher targets for themselves to outshine others.
Minimum Targets are
Rs 30,000 collection in life policies.
Rs 15 000 in Non-life policies.
You set your own target.
GTFS encourages its Jr. Coordinators to set high Targets for themselves and announces rewards and prizes for achievers from time to time.
This stage being the first stage of your career and only place where you could decide how much income in future will be.
As selling Insurance (Life, Non-life), Mutual funds, Medi-claim, etc products are done only at this stage. Higher the sale of product higher would be your returns in the form of commission, salary, rewards, gifts, etc.
We suggest that each Jr. Coordinator sets a minimum Target of Rs 2.5 lakh in six months so that when he is promoted to next stage( as Coordinator) he/she gets Rs 2500 per month as Conveyance/salary( @1% of collection) in addition to commission on the policies sold by him/her laying a strong foundation for his career.
The career span at GTFS is for 21 years with 42 stages with promotions every six months to next level on completion/achievement of minimum target level.(Please refer the Career chart supplied along with your kit).
Your career is broadly divided into three phases initially
Collection –collection of premiums by selling the policies as Jr Coordinator
Selection- by selection of suitable persons with zeal and enthusiasm to work as Jr. Coordinators in your team when you are promoted as Coordinator.
Coordination- when you are promoted as Coordinator- I, help your team to set their targets and achieve them by coordinating with them at each stage organising meetings, training sessions, etc with the help of seniors. At C-I you act as a bridge between your team and Seniors.
These initial three stages are called the production stage where all the business of your team is generated and this stage is the foundation of your multi-storey structure of your Golden career.

What are the qualities of a successful Jr. Coordinator?
Jr. Coordinator is also referred as AGENT/ Advisor (in Insurance business)
“A” STANDS FOR AGILITY, ACTIVE, Acquiring knowledge
“G” FOR Gentle, Genius, Go-getter
“E” Enthusiastic, Educated, Etiquette
“N” for Natural, Needy,
“T” Thoughtful, Tireless, Time devoting

He should always be in contact with
  • Company- GTFS for the products that are available and newly introduced by the company
  • Seniors- to get proper knowledge about the career, training about insurance products and selling techniques
  • People – to promote and sell the product ( insurance and other products of the company)
This contact programme should continue during entire career to improve the knowledge and get latest information, developments that are taking place around us, building a large team of his/her own network for achieving highest targets.


Collection (in Rs)
Amount of incentive per month (for six months)
30000
300 per month
250000
2500 per month
500000
5000 per month
 If you achieve Rs 500000 collection, you are awarded an advance of Rs 30,000 to 40,000 for purchase of a two-wheeler in addition to above incentive.

Coordinator:
The foundation stone of the company, who builds the career graph of his down line(Junior Coordinators) by helping them to achieve their promotion targets. Each Coordinator must recruit maximum number of Junior Coordinators (upto 50 Jr. Coordinators) under him so that maximum people get the opportunity to make their own destiny. Your efforts should be to get maximum number of Junior Coordinators under you promoted to next level i.e. Coordinator within six months to achieve your promotion as Coordinator I. You have to achieve a minimum promotion of four of your Jr. Coordinators as Coordinators to receive a conveyance incentive of Rs 100 per month per promotion, in addition to commission on their collection of premium.

No of Jr Coordinators promoted
Incentive @ Rs100  PER MONTH
5
500
10
1000
20
2000
50
5000

From C-I to C- XII your work is mainly to help in recruitment of Junior Coordinators in your group, provide training, motivation and help them achieve their targets.

We work on a concept of community building where each one of us helps each other and we grow together. The networking concept helps us to create additional hands to generate more strength to achieve higher goals in our life, career which leads to name, fame, status, etc.
One can achieve the following
Total receipt as commission + salary + incentive =                      Rs 17, 32, 15, 69,000
I          Retirement                                                          =                                    Rs               7, 00,000         
One four wheeler worth Rs 3, 00,000               =                             Rs               3, 00,000
Total                                                                                             =                            Rs 17, 32, 25, 69,000
 In addition to this Rs 22,500 to Rs 40,000 per month as pension for next seven years and Rs75000 every six month 13 times
II  Retirement after 14 years =    Rs 14,00,000 + four wheeler worth Rs 5,00,000 and Rs 1,00,000 every six month 13 times
III Retirement after 21 years  =    Rs 21,00,000 + four wheeler worth Rs 8,00,000 and Rs 1 lakh per month to fit persons as salary.
Minimum savings                =              Rs13, 50,000 after 7 years
                                                                Rs14, 00,000 after 14 years                                            
                                                                Rs 21, 00,000 after 21 years
75000x13                                              Rs   9, 75, 000
100000x13                                           Rs 13, 00,000
Four wheelers                      Rs 13, 00,000
 Total      savings                  Rs 84, 25,000

7 years 14 phases 14 Ranks @ 6 months per phase/ per promotion
Illustration of progress@ minimum 33% at each stage of career.( this is only an illustration actual figures depend on your work)
S. No
Rank
Collection
Team members
% commission
Commission amount
Development incentive
Salary

Total
1
Jr. Coord
30000
1
8.00
3000




2
Coordinator
120000
4
2.50
3000

300x6
1800

3
Coordinator-I
300000
10
1.00
3000

400x6
2400

4
Coordinator-II
600000
20
0.75
4500

800x6
4800

5
Coordinator III
750000
25
0.50
3750

1200x6
7200

6
Coordinator IV
930000
31
0.50
4650
25000
2000x6
12000

7
Coordinator V
1830000
61
0.50
9150
25000
2500x6
15000

8
Coordinator VI
3660000
122
0.50
18300
25000
3000x6
18000

  1. 9
Coordinator VII
6090000
203
0.50
30450
25000
3500x6
21000

  1.  
Coordinator VIII
9120000
304
0.50
45500
25000
4000x6
24000

  1.  
Coordinator IX
13800000
460
0.50
69000
25000
4500x6
27000

  1.  
Coordinator X
18000000
600
0.50
90000
50000
5000x6
30000

  1.  
Coordinator XI
21600000
720
0.50
108000
50000
5500x6
33000

  1.  
Coordinator XII
31500000
1050
0.50
157500
50000
6000x6
36000






549800
300000

2,32,200
1082000
 You get Rs 7 lakh as first retirement, in addition to 2 two wheelers worth Rs 30,000 and Rs 50,000, two four wheelers worth Rs 3 lakh each and a pension of Rs 75000 to 1.00 lakh per month.
After 14 ranks and 7 years I Retirement           - Rs 7 lakh and Rs 75000 every six month (13 times)
Pension per month @ Rs 22500 to Rs 3 lakh depending upon size of the team
II retirement of Rs 14 lakh after 14 years and Rs 1 lakh every six months (13 times)
III Retirement of Rs 21 Lakh after 21 years.    
There are two sessions/phases every year I Phase January to June and II Phase July to December.
Minimum quota/target to be achieved for promotion to next stage
S. No.
Level
Collection
No of minimum promotions in down line
1
Jr. Coordinator
30000

2
Coordinator
60000
4 Jr coordinators to Coord.
3
Coordinator-I
75000
3 Coordinators to C I
4
Coordinator-II
150000

5
Coordinator III
337500

6
Coordinator IV
749250

7
Coordinator V
1498500

8
Coordinator VI
2502495

9
Coordinator VII
4254242

10
Coordinator VIII
7019498

11
Coordinator IX
10037882

12
Coordinator X
12547353

13
Coordinator XI
15026824

14
Coordinator XII
20025576





  1. This graph is only an illustration of having four persons join at each level during seven years. You have a down line of 67108864 members.
You have a minimum Total receipt as commission + salary + incentive = Rs 17, 32, 15, 69,000
Rs One thousand seven hundred thirty two crore (Trillions), fifteen lakh, sixty nine thousand only.

Details of products/policies.
Life Insurance Corporation
Table No
Name of the policy
Min./Max Age at entry
Minimum Amount of Investment
Details of plan
14
Endowment
18-50

Simple benefit of risk cover and assurance.
88
Jeevan Mitra( Double Cover)
--do--

Double benefit of the sum assured in case of death and triple benefit on accidental death.
89
Jeevan Saathi
20-50

One policy for Husband And wife.
91
New Jana Raksha Plan
18-50

For people who do not have regular income.
149
Jeevan Anand
18-50(for 16 yrs term)
18-49(21 yrs)

One sum assured at the end of maturity period and another after death of insured to the family
165
Jeevan Saral(ATM)
18-49

Any time withdrawal after 10 years of the plan without any loss.( are turn of 250 times on monthly investment) minimum investment Rs 3002 per year and return Rs 62500
168
Jeevan Anurag
20-50(16yrs)
20-49(21yrs)

(money back after 13yrs(20%),14(20%) 15(20%),16(40%)+bonus(for 16yr.policy)18,19,20,21(for 21 yrs policy)
178
Jeevan Tarang (Pension)
18-50

Vested bonus at the end of maturity period and 5.5% per annum of the sum assured  for rest of life as pension

Reliance Insurance
  • Reliance Cash flow Policy
  • Reliance Super five Plus Policy

  • Reliance Cash Flow Policy. Very attractive policy suitable for all ages (entry at age 18 to 48). Easy liquidity-Get periodic cash flows. Minimum sum assured Rs 1.00 lakh maximum 2.00 lakh. Cash back after 4 yrs, 7 yrs, 10, yrs, 13 yrs, 16 yrs(@ 20% of the sum assured) also available for 22 yrs.( approximate premium for 16 years for Rs 1 lakh would be approximately Rs 9000 and Rs 7000 for 22 year policy .Pl. see table for exact amount)
  • Reliance Super five Plus Policy:- a ten/fifteen year policy where you can pay premium for only five years or pay for full term of 10 or 15 years. Minimum sum Assured Rs 30,000 Maximum Rs 2.00 lakh. Age at entry 18-48 yrs. .( approximate premium for 10 years for Rs 30000 would be approximately Rs 8000 and Rs 26 000 for Rs 1 lakh  policy, Rs 53000 for Rs 2 lakh policy. Pl. see table for exact amount)

Reliance Mutual Fund:
  • Systematic Investment Plan (SIP) monthly investment of Rs 500,1000 or more (one time Service Tax of Rs 900 on SIP of Rs 500 per month ) And Rs 1800(on saving of Rs 1000) only once during the entire term of 10 years, to be collected in cash) along with copies of ID proof, Pan No, Cheque for the amount of investment for ECS debit on future collection.. Can be withdrawn after one year of subscription without any deduction.( this can be sold only to people with Bank Account in their name for facilitating ECS transfer)
Reliance General Insurance: Personal Accident Policy can be done as per the chart below.
Sum Assured
Amount Payable
1 lakh
Rs 216
2 lakh
Rs 381
3 lakh
Rs 547

As GTFS wants each Indian to be insured we have the best option of selling this to all the people from the poorest of the poor to the richest. This can be sold to people of all ages from 3 months to 70 years. This also helps in 100 per cent addition to your target.


Mediclaim policy from Reliance General Insurance
¯Benefits of Joining GTFS.
  • No investment (only Rs 650 for registration and forms)
  • No pre qualification needed
  • No experience needed
  • Chance to help yourself and others
  • No fixed working hours, work part time, full time at your own convenience (be your own boss).
  • Suitable for unemployed, employed, working women, homemakers, students above 18 years of age.
  • Selling Life Insurance and General Insurance(Personal Accident Insurance), Medi-claim, non-banking products(Mutual funds) recognised by Government of India(IRDA and RBI) recognised companies involving zero risk
  •  What you get on joining GTFS ?
  1. Commission ( overriding commission)
  2. Salary, conveyance, incentives, awards, rewards, etc
  3. One lakh free insurance (Personal Accident policy) till you work with GTFS.
  4. Two  wheelers( Motorcycle) Four wheelers (3 cars with a value of Rs 3 lakh, Rs 6 lakh and Rs 8 lakh in entire career)
  5. Travel by Rail, Air (in AC class) within the country and abroad
  6. Prize (wrist watch, suit length, mobile, Two wheeler, Four Wheeler, local tour, Foreign Trip, etc)
  7. Gift (cash awards, VIP briefcase, Mobile, Laptop and many other items)
  8. Development Allowance (Rs 25000 every six months from C-IV to C-IX, Rs 50,000 C- X to C- XII, Rs 75000 from Chief CO-I to Chief CO – XIII, Rs 1 lakh from CO XIV to XXI)
  9. Assured Retirement Benefits - Rs 7 lakh after 7 years, Rs 14 lakh after 14 years, and Rs 21 lakh after 21 years. Total benefits of approximately Rs 5 crore in 21 years in addition to salary, commission, prize, gifts, etc.
  10. Assured Pension of Rs 25000 to Rs 3 lakh per month after 7 years based on your network and collection at each stage by your team.
For details contact :9868048573, 9868369793, 9868478567
Do not delay, tomorrow may be too late.
 Destiny is in your hands grab it and
 change your destiny
Join immediately to become a  Billionaire (crorepati).

Junior Coordinator
The first step in long journey of 21 years of the Golden career of GTFS Where one decides how his future would be. As he/she is his/her own boss they can set their own targets according to their own capacities and capabilities. Smaller the target smaller the achievement in the long run.
Minimum target is like pass mark for qualifying each stage of your career and successful persons always aim high and set higher targets for themselves to outshine others.
Minimum Targets are
Rs 30,000 collection in life policies.
Rs 15 000 in Non-life policies.
You set your own target.
GTFS encourages its Jr. Coordinators to set high Targets for themselves and announces rewards and prizes for achievers from time to time.
This stage being the first stage of your career and only place where you could decide how much income in future will be.
As selling Insurance (Life, Non-life), Mutual funds, Medi-claim, etc products are done only at this stage. Higher the sale of product higher would be your returns in the form of commission, salary, rewards, gifts, etc.
We suggest that each Jr. Coordinator sets a minimum Target of Rs 2.5 lakh in six months so that when he is promoted to next stage( as Coordinator) he/she gets Rs 2500 per month as Conveyance/salary( @1% of collection) in addition to commission on the policies sold by him/her laying a strong foundation for his career.
The career span at GTFS is for 21 years with 42 stages with promotions every six months to next level on completion/achievement of minimum target level.(Please refer the Career chart supplied along with your kit).
Your career is broadly divided into three phases initially
Collection –collection of premiums by selling the policies as Jr Coordinator
Selection- by selection of suitable persons with zeal and enthusiasm to work as Jr. Coordinators in your team when you are promoted as Coordinator.
Coordination- when you are promoted as Coordinator- I, help your team to set their targets and achieve them by coordinating with them at each stage organising meetings, training sessions, etc with the help of seniors. At C-I you act as a bridge between your team and Seniors.
These initial three stages are called the production stage where all the business of your team is generated and this stage is the foundation of your multi-storey structure of your Golden career.

What are the qualities of a successful Jr. Coordinator?
Jr. Coordinator is also referred as AGENT/ Advisor (in Insurance business)
“A” STANDS FOR AGILITY, ACTIVE, Acquiring knowledge
“G” FOR Gentle, Genius, Go-getter
“E” Enthusiastic, Educated, Etiquette
“N” for Natural, Needy,
“T” Thoughtful, Tireless, Time devoting

He should always be in contact with
  • Company- GTFS for the products that are available and newly introduced by the company
  • Seniors- to get proper knowledge about the career, training about insurance products and selling techniques
  • People – to promote and sell the product ( insurance and other products of the company)
This contact programme should continue during entire career to improve the knowledge and get latest information, developments that are taking place around us, building a large team of his/her own network for achieving highest targets.


Details of Awards/Rewards/Special incentives for each phase
Rank
TARGET AMOUNT

FOUR WHEELER(Rs 2 LAKH)
TWO WHEELER(VALUE Rs 50000)
TWO WHEELER(VALUE Rs 30000)
Cash award Rs 7000
Cash award Rs 5000
Jr. Coordinator
Rs 40 lakh
20 lakh
10 lakh
5 lakh
2 lakh
Coordinator
50 lakh
25 lakh
15 lakh
7.50 lakh
4 lakh
Coordinator- I
100 lakh
50 lakh
20 lakh


Coordinator-II
150 lakh
75 lakh
30 lakh


Coordinator-III
200 lakh
100 lakh
40 lakh


Coordinator-IV
250 lakh
125 lakh
50 lakh











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