Modicare Limited is a product-based Network Marketing company (IDSA Approved) that enters the Direct Selling industry. This organization started in 1973 and become is more growth in India.
In this post, I will share with you the Modicare Limited Business Plan which is the Azadi Plan, and if possible I will share the PDF Download link.
Then, I added a Download option to download Modicare Business Plan PDF version.
About Modicare
Modicare Limited is one of the good Indian Multi-level Marketing companies in the list of 457 Legal Direct selling Company List in India. In addition, it is ranked in the top 10 Network Marketing Companies in India.
Samir Modi leading their family’s Modi Business and also he is the founder of this company. People say he is the Backbone of Modicare Limited.
Smart Value and Vestige Marketing are other popular Indian MLM companies that are putting up stiff competition with Modicare Limited.
Modicare Company Profile
| Company Name | Modicare Limited |
| LLPIN/CIN No. | U72200DL1973PLC110617 |
| Started | 1996 |
| Founder | Samir Modi |
| Products | Wellness, Skincare, Color, Home Care, Personal Care, Food and Beverage |
| Head Office | Community Center, New Friends Colony, New Delhi, Pin – 110025 |
| Email ID | support-modicare@modi-ent.com |
| Website | www.modicare.com |
Legal Documents
1. Certificate of Incorporation
2. FSSAI License
Note: The official website of the company is www.modicare.com. Here we have shared the Information and documents of the company for information and Education purposes only which will prove the Authenticity of the company.
Modicare Azadi Business Plan
In 1996, Samir Modi started an MLM company called Modicare Limited. The Modicare business plan is similar to the Network Marketing Plan of other Multi-level Marketing companies.
Basically, there is 2 main work in the Company.
- Product Selling
- Recruitment
1. Product Selling
Each Modicare Direct seller has to sell the maximum number of Modicare products.
More product sales lead to more retail profits.
Modicare has a number of products, and for each purchase, Modicare Direct Seller receives a fixed PV and a BV that are used to calculate different incomes.
2. Recruitment
Under the appointment, Modicare Direct sellers will have to hire more direct sellers on their downline. Upline sellers also receive a small amount of commission when downline sellers purchase a product.
The hiring process shows the power of network marketing, where passive income starts with a huge active downline and team. Because, Now, it follows the rule of Compounding Interest.
Read More:
How to join Modicare?
You can Join Modicare in 2 Ways;
- with Modicare’s Associate
- by visiting Modicare Official Branch
If you have a friend who works in Modicare, just contact him to join his or her Team in Modicare. Or you can visit the Modicare Branch office and say manager for new registration.
Modicare Azadi Business Plan Income
As we know, Everyone joins network marketing for getting Good Income from the Company.
Modicare Limited launch this plan, Modicare Azadi Business Plan. Azadi Business Plan PDF explains more about the types of income that the company offer.
There are 10 Ways of Income from Modicare Azadi Business Plan. Here is the Modicare Commission Chart of Samir Modi Azadi Plan.
| 1. | Savings on Consumptions | Up to 20% |
| 2. | Retail Profit | Up to 20% |
| 3. | Accumulative Performance Bonus | 7% – 16% |
| 4. | Director Bonus Pool | 4% |
| 5. | Team Builder Bonus Pool | 14% |
| 6. | Atoot Bandhan Bonus Pool | 2% |
| 7. | Leadership Productivity Bonus Pool | 15% |
| 8. | Dream Vehicle Bonus Pool | 5% |
| 9. | Dream Travel Bonus Pool | 3% |
| 10. | Dream Home Bonus Pool | 3% |
1. Upto 20% Saving on Consumption
Under this scheme, 13 product categories and more than 400 products will be saved over 20% and will benefit automatically. Below is an example to understand this-
Distributor Price + Retail Profit = MRP
Rs 100 + Rs 20 * = Rs 120
2. 20% Retail Profit
As we know in our existing article, What is Retail Profit? Here 20% Retail Profit in Modicare means that if you purchase products for Rs. 1000 as a Distributor Price, you can sell this product up to Rs.1200 which is 20% Profit in your savings and Margin.
3. Accumulative Performance Bonus (7%-16%)
A Distributor or Consultant has to qualify to receive a performance bonus and is entitled to earn a bonus according to the level of eligibility. Modicare offers a highly rewarding performance bonus that is the best in the world of direct sales. Here is the table of the Accumulative Performance Bonus.
| Performance Bonus Title | Accumulative PV Range | Performance Bonus Level |
|---|---|---|
| Consultant | 1-300 | 7% |
| Senior Consultant | 301-1200 | 10% |
| Assistant Supervisor | 1201-2700 | 13% |
| Supervisor | 2701-4000 | 15% |
| Director | 4001+ | 16% |
4. 4% Director Bonus Pool
This bonus is within the 4% Pool of the company’s total monthly business value. When you can get the title of qualified director. One thing you have to pay attention to here is that for the first time, qualified director Benek has to get less than 1250 PGPV *.
5. 14%Team Builder Bonus Pool
Modicare fixed aside 14% of the company’s monthly PV (Point Value) as Team Builder Bonus Pool.
Eligible senior directors for this bonus pool and get the title above. If you succeed in doing so it is a bonus your monthly payment is paid for 9 directors and above generations. This is being distributed at 14%t of your company’s total monthly business value.
6. 2% Atoot Bandhan Bonus School
This is within 2 percent of the bonus company’s total message PV. Qualified Crown Diamond Director, Qualified Royal Black Diamond Director, or Qualified Global Black Diamond Director. Here, the Consultant can earn Rs 21,00,000/month in the ABB.
7. 15% Leadership Productivity Bonus Pool
Like 14%Team Builder Bonus Modicare also sets aside 15% of the
company’s Monthly PV for the Leadership Productivity Bonus. If the Director downline has a GPV of 3600 then you will be qualified for this Bonus.
8. 5% Dream Vehicle Bonus Pool
The senior executive director wants to get this bonus for 3 months. It will be effective lasting 3 months. If you want to do that you will see it in the fourth month.
9. 3% Dream Travel Bonus Pool
Become a senior director. Team Builder Bonus Figure 5 had Generation Tech Payments. Once your accumulated DTB crosses Rs. 5 Lakhs, the excess amount over Rs. 5 Lakhs will be converted to Dream Life Bonus, also there are many Terms and Conditions.
10. 3% Dream Home Bonus Pool
In order to co-receive this bonus, the President has to make a permanent 4 months. If you want to do that you will see it in the 4th month. A consultant qualifying for the Dream Vehicle Bonus has to purchase a car/two-wheeler after getting approval from the company.
Modicare Products
Modicare Offer 4 Types of Products:
- Personal Care
- Home Care
- Laundry Care
- Health Wellness and Nutrition
All products of Modicare are developed by the company’s own skilled technical staff in its own R&D Team. All products are compatible with international standards and developed to Indian taste.
Within some days, I will share the catalog of the Product list of Modicare. There you can see the list of products with Price and PV by category.
Modicare Business Plan PDF Download
You can download the Modicare Business Plan, Azadi Plan PDF, which was launched on Modicare’s Limited official website.
You will also like:
FAQs on Modicare Business Plan PDF
-
How many products are in modicare?
Modicare has over 100 Products.
-
What are the products of Modicare?
There are 4 categories of Modicare Products.
1. Personal Care
2. Home Care
3. Laundry Care
4. Health Wellness and Nutrition -
Who is the owner of modicare?
Samir Modi.
-
Is Samir Modi brother of Lalit Modi?
Yes. Lalit Modi was born in Delhi in 1963, into Modicare Business Family. His wife is Bina Modi. He has a Younger Brother Samir Modi and an elder sister Charu Modi Bhartia.
Final Thought
I hope this post was helpful for you on Modicare Business Plan named, Modicare Azadi Plan.
Now, I’d like to know you:
Do you have any doubts regarding this Plan?
Why did you choose Modicare Limited?
Let me know in the Comment Right Now.
A Blogger, Business Analyst! Somraj Mondal is Extensive experience in SEO and analyzing Different types of Businesses, Companies, and new methods of Marketing. Fountainhead of Noni4all, passionate about Digital Marketing and also Python Programming.
Dear Sir
I have joined modicare today and I registerd too.
Thanks and regard
Harikrishnan
ULTIMATE PLAN HAS DEVELOPED BY SAMIR MODI SIR.
I HAVE JOINED WITH MY BELOVED TEAM AND THEY ARE TOTALLY DEVOTED TO TAKE A HEIGHT OF THEIR DREAMS WITH MODICARE AZAADI PLAN. THIS TYPE OF PLAN NEVER HAS COME BEFORE IN MLM.
I need to Get detail Explanation on the plan