Bulk gifts for banks and NBFCs

Yes, and the rule people usually reach for is the wrong one. The conduct rules your vigilance team will quote govern what an officer may accept from an outsider who deals with the bank. They are not about what you give your own people. Staff gifting is an employer to employee matter, and your HR and payroll teams already handle it that way.

Different rules, so count them separately from the start. A direct selling agent, a business correspondent's agent, a connector or a recovery agency is engaged under an agency or outsourcing arrangement and is in business with you, not employed by you. The benefit rule reaches them, and it is tested on everything you give one person across the year rather than on this order. If you already run an agent programme you may be past the line before our boxes arrive, so give your tax team the whole picture and not just our invoice.

Take your compliance team's view, because the honest answer splits. Where deposits are concerned the rules are tight: prizes, lotteries and free trips to bring deposits in are out, and anything handed over at the moment a deposit is accepted is held to a low value. That is a narrower rule than people assume and it does not reach your staff, your channel or a corporate relationship, but it is your call and not ours. Everything on this page is written for your own people and the people who sell for you.

Tell us which route and we will tell you plainly where we stand. We are a reseller rather than the manufacturer, so on a marketplace listing each line needs authorisation from the brand that makes it, and that is not something we can promise across a whole catalogue in a single sentence. An empanelment we can work with, and it comes with a real obligation, which is answering the limited tenders you invite us to rather than picking and choosing. Send us the route and the documents you need and we will say yes or no on each.

To the branch they are attached to. Every business correspondent outlet and sub agent sits against a specific banking outlet with one of your own people responsible for it, so that branch is the address and your field person collects from there. Tell us which branch each one hangs off and the count against it, and we label to that rather than to a list of names.

Yes, and send it the way your zones already keep it rather than reformatting it for us. Region, office, count against each, and a pincode. We pack and label per office so nothing has to be sorted after it lands, and you get one invoice for the whole run whatever the office count.

Work to the earliest date in your network, not the biggest festival. Bank holidays are declared state by state, so a run built around one date will arrive after the event in half your circles. Give us the earliest date it has to be in hand anywhere and we build the whole run back from that.

That depends on which side of your year end it is for, and it is worth deciding early. Tell us whether it goes out before the March push or after the results are in, because the two want different lead times and the second one competes with everybody else's festive run. Once artwork is signed off a branded run takes twelve to eighteen working days, and stocked items without branding move in four.

We quote from 50 pieces and have run 50,000. Branded runs work from 100 pieces a design, and from 50 where we are laser engraving. The price a gift comes down as the quantity rises, because branding is a fixed cost for each design however many pieces it covers.