Commission Setup

Setup commission rules for agents and brokers

Welcome to Commission Setup

The Commission Setup module allows users to define commission rules that determine how commission agents earn income based on the loans they are linked to. Mobiloan automatically calculates and allocates commissions according to these rules, ensuring that payouts are correctly managed.

Key settings include:

• Authorized limits: Determines which branches, loan products, and agent types qualify for commission.

• Commission earning rates: Defines how commission is calculated (fixed amount or percentage).

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Getting Started

To begin, either select an existing commission rule from the table or click the "+" icon to create a new rule.

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Step 1 - Defining Limits

In this step, users must define the access and limits applicable to the new commission rule. The key configurations include:

• Commission Rule Name – A unique identifier for this rule.

• Agent Type – Specify whether the rule applies to Permanent, Casual, or Independent Agents.

• Authorized Branches – Select which branches can apply this commission rule.

• Eligible Loan Categories & Products – Define which loan products (e.g., Personal Loans, Business Loans) are eligible for this rule.

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Step 2 - Defining the Earning Rate

Initially, the Rule Conditions Table will be empty.

Additional Options

At the bottom of the Rule Conditions Table, users will find additional actions:

• Test – Validate commission rule settings before applying them.

• Print – Generate a printable version of the commission rules.

• Help – Access guidance on setting conditions.

• Dropdown Menu – Provides additional options

Dropdown menu options

When the dropdown option is selected, the following options appear :

• Insert New Row – Add new commission conditions.

• Duplicate All Rows – Clone existing conditions for quick setup.

• Remove All Rows – Clear all existing conditions.

• Undo All Changes – Revert modifications before saving.

Adding a new condition

1. Select the dropdown menu option.
2. Click "Insert New Row" to create a new condition.

3. Complete the required fields.

The commission structure can be based on:

• A fixed amount per loan payout or loan receipt.

• A percentage of the loan capital disbursed or loan repayments collected.

Each earning event can be configured differently for different loan types, including:

• First-time loans

• Top-up loans

• Repeat loans

• Dormant loans

If both a fixed amount and percentage are entered, the system will add them together when calculating the total commission payout.

Field	Description
Loan Event	Choose between commission applying on Loan Payout or Loan Receipt.
Loan Type	Specify if the condition applies to First-time, Dormant, Repeat, or Top-up loans.
Minimum Loan Capital	Define the minimum loan amount for the rule to apply.
Maximum Loan Capital	Define the maximum loan amount for the rule to apply.
Agent Fixed Commission	Enter a fixed commission amount (in currency) payable to agents.
Agent % of Loan Capital	Set a commission percentage based on the loan amount.
Broker Fixed Commission	Enter a broker fixed broker apportionment amount payable to brokers.
Broker % of Loan Capital	Set a broker apportionment percentage based on the loan amount.

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Step 3 - Finalizing Category Setup

Once all steps are completed, test the commission rule to ensure all necessary rates are set correctly for a given loan amount , type and event. This can be achieved by selecting the "Test" option

✅ You have successfully set up a new commission rule in Mobiloan! 🎉