1. Introduction

Welcome to the BIONIQ Commission Policy. This policy outlines the terms and conditions for earning commissions through our referral program. By participating in the program, you agree to comply with the terms set forth below.

2. Eligibility

To be eligible for earning commissions, participants must:

Be a registered member of BIONIQ.

Successfully refer new members to join BIONIQ using a unique referral link.

Ensure referred members complete the registration process and make their first transaction.

3. Commission Structure

Referral Bonus: Earn a commission for each new member who registers and makes a purchase using your referral link.

Transaction Commission: Earn a percentage of the value of each transaction made by your referred members.

4. Commission Rates

Referral Bonus: A flat rate of INR 100 per successful referral.

Transaction Commission: 5% of the transaction value for each purchase made by referred members.

5. Payouts

Commissions are calculated at the end of each month.

Payouts are processed within the first week of the following month.

Commissions are paid out via bank transfer or other payment methods as specified in your account settings.

6. Minimum Payout Threshold

The minimum payout threshold is INR 500. If your commission balance is below this threshold, the amount will be carried over to the next month.

7. Tracking and Reporting

Commissions are tracked using unique referral links provided to each member.

Detailed reports of referrals and commissions earned can be accessed through your BIONIQ account dashboard.

8. Fraud Prevention

BIONIQ reserves the right to withhold or revoke commissions if any fraudulent or suspicious activity is detected.

Members found engaging in fraudulent activities will be disqualified from the referral program and may face account suspension or termination.

9. Changes to the Commission Policy

BIONIQ reserves the right to modify or update this Commission Policy at any time. Members will be notified of any significant changes via email or through their account dashboard.

10. Contact Information

For any questions or concerns regarding the Commission Policy, please contact our support team at support@bioniq.in.

By participating in the BIONIQ referral program, you acknowledge that you have read, understood, and agree to abide by the terms and conditions of this Commission Policy. Thank you for being a valued member of BIONIQ and for helping us grow our community!