Date: 30

th
June 2014
To,
Management Development Institute
Gurgaon, Haryana
ommer!ial "roposal
Dear #ir,
It $ill %e in&ee& a great privilege 'or us to get an opportunity to
servi!e the "remier Management Institutes in the !ountry(
)in&ly *n& %elo$ our +uote 'or #ale o' ,-./0G1" urren!y0Travelers
he+ue0Travel ar&(
,-./ 'or ,uropean ountries:
G1" 'or -)
,-./0G1" urren!y 2 : I1. 3Inter 1an4 .ate5
,-./0G1" Traveler he+ue : I1. 3Inter 1an4 .ate5
,-./0G1" Travel ar& : I1. 3Inter 1an4 .ate5
The Rate of IBR would be applicable on confrmation of Business to
Centrum for the Full Batch size of MDI .
I1. is the Inter 1an4 .ate, $hi!h !an %e as!ertaine& 'rom any popular
6e%site su!h as $$$(7e(!om
,uro urren!y is su%8e!t to volatility 9 :u!tuation( .ates $oul& %e
appli!a%le at the time the transa!tion is %oo4e&(
;imit o' ,uro 300 per stu&ent in !urren!y at the a%ove appli!a%le rates( I'
any stu&ent $oul& li4e to avail ,uro < more than a%ove mentione& limit,
the rates $ill %e +uote& at the time o' the transa!tion(
=or ,n!ashment o' -nuse& =ore7, the 'ollo$ing rates $oul& %e appli!a%le:
,-./0G1" urren!y 2 : I1. 3 Inter 1an4 .ate 5
,-./0G1" Traveler he+ue : I1. 3 Inter 1an4 .ate 5
,-./0G1" Travel ar& : I1. 3 Inter 1an4 .ate 5
I1. is the Inter 1an4 .ate, $hi!h !an %e as!ertaine& 'rom any popular
6e%site su!h as $$$(7e(!om
,uro urren!y is su%8e!t to volatility 9 :u!tuation( .ates $oul& %e
appli!a%le at the time the transa!tion is %oo4e&(
=urther $e $ill %e giving the un&er mentione& spe!ial %ene*ts to all the MDI
stu&ents:
>&&itional0.epla!ement hip ar& $ith "rimary ar& )IT( =ree
unlimite& transa!tions 'or !ash $ith&ra$al through >TMs(
=ree hip 1ase& Travel ar&(
?ero harges on ar& ;oa&ing an& .eloa&ing(
=a!ility o' , ommer!e transa!tions(
"ersonali@e& ar&s 'or ea!h stu&ent $ith the names em%osse& on the
!ar&( >!tivation an& .eloa& against any 1an4 !he+ue(
urren!y an& ar& &elivery at !lients pla!e(
=a!ility to reloa& against .TG#0<,=T re+uests(
1ene*ts o' entrum Travel ar&:
1( >vaila%le in t$o variants i(e( hip 1ase& ar& 3$ith a&van!e& se!urity
'eatures5 in -#D, ,-., G1" 9 H= an& Magneti! #trip in -#D, G1", ,-.,
>-D, >D, #GD, J"A 9 H=(
2( "repai& travel !ar&s are reBloa&a%le $ith a&&itional 'un&s as an&
$hen re+uire&, #tu&ents !an %u&get allo$an!es an& !an easily
reloa& in pie!emeal rather than %lo!4ing the entire amount as in the
!ase o' Travelers !he+ues0 !urren!ies(
3( =ree .epla!ement ar& i(e( t$o !ar&s are issue& in $el!ome 4it in !ase
the stu&ent looses "rimary !ar&, the repla!ement !ar& !an %e a!tivate&
imme&iately(
omplimentary >ir >!!i&ent Insuran!e an& omprehensive Travel Insuran!e
on entrum
Travel ar& 3%y III;om%ar& 3General Insuran!e5
=eature 1ene*ts
"ersonali@e& a!!i&ent C Death only D 10 ;a4h
Missing o' !onne!ting international :ight &uring
transit -#D 300
;oss o' Travel Do!uments3 "assport, Ti!4ets5 -#D E00
Hi8a!4ing3 Ma7imum F &ays5
-#D 12E per
&ay
Delay inn re!eipt o' he!4e& %aggage -#D 100
#pe!ial /Ger on Halue >&&e& #ervi!es 'or IIM #tu&ents:
1( "re'erre& .ates: 6e $ill provi&e 'oreign e7!hange to 'amily mem%ers
o' #tu&ents at spe!ial rates in !ase they travel any$here a!ross the
glo%e(
,7!hange Transa!tion harges
,7!hange transa!tion !harges o' .s( 2E $oul& %e levie& per invoi!e on
#ale0,n!ashment o' urren!ies 3<50ar&s0Traveler he+ues 3Ts5
#ale 9 "ur!hase o' =oreign ,7!hange in no$ un&er the am%it o' servi!e ta7
vi&e noti*!ation no( 2I02011 C #ervi!e Ta7( 6e shall %e applying servi!e ta7
on all sale an& pur!hase transa!tions as per %elo$ sla% stru!ture:
a5( 0(12 per !ent( o' the gross amount o' !urren!y e7!hange& 'or an amount
upto 100,000 su%8e!t to the minimum amount o' rupees 30J an&
%5( .upees 120 an& 0(0I per !ent( o' the gross amount o' !urren!y
e7!hange& 'or an amount o' rupees e7!ee&ing rupees 100,000 an& upto
rupees 10,00,000J an&
!5( .upees II0 an& 0(012 per !ent( o' the gross amount o' !urren!y
e7!hange& 'or an amount o' rupees e7!ee&ing 10,00,000 su%8e!t to
ma7imum amount o' rupees I000(
"lease re'er %elo$ ta%le 'or your easy un&erstan&ing on servi!e ta7 as $ell
as e&u!ation !ess an& higher e&u!ational !ess:
Gross al!ulatio
-pto .s 30
2E000
D 2E,001
D 1,00,000
0(12 K o' Gross >mount
D 1,00,001
D 10,00,000 0(0IK o' Gross >mount L D
120
>%ove D 10,00,0010B
0(012K o' Gross >mount L D
II0
"ro!ess <ote on #ale0,n!ashment o' =oreign ,7!hange to MDI
1( entrumDire!t ;imite&, 3D;5 $oul& !olle!t the &etails o' the stu&ents
'rom the #tu&ent ,7!hange ommittees to get the personali@e& !ar&s
ma&e an& &elivere& to MDI(
2( .epresentatives o' entrumDire!t ;imite& $oul& visit MDI ampus to
get the ar& >!tivation 'orms an& &o!uments 3"assport, Hisa an& Ti!4et
opy5 !olle!te& an& have the !ar&s &elivere& post 20 &ays o' re!eiving
the a%ove mentione& in'ormation 'rom ,7!hange !ommittee(
3( In !ase o' any ash re+uirements %y the stu&ents, the list !an %e
!onsoli&ate& an& the same !an %e &elivere& 'or all the stu&ents at the
ampus(
4( The Invoi!e 'or the =ore7 pur!hase&0;oa&e&0.eloa&e& $ill %e given to
every stu&ent %y entrumMs representatives(
E( entrum $ill provi&e an >uto Mailer 'or 4 times a &ay 3t$i!e on
#atur&ay5 %arring #un&ays 'or the I1. rates 'or re'eren!e o' MDI stu&ents(
#tarts 'rom 10am till 4pm a'ter every T6/ H/-.#(3 at 10 am , 12 oM
!lo!4, 2 pm ,4pm vali& till I pm 5(The auto mailers $oul& %e sent to Group
ID !ontaining MDI stu&ents ,6hite angel Travel an& entrum IDs(
I( The Transa!tion I1. $oul& %e !onsi&ere& as per the !on*rmation
timing( e(g i' the transa!tion is !on*rme& at 11 am I#T the I1. $oul& %e
!onsi&ere& as o' 10 am I#T an& li4e$ise( I' the transa!tion is !on*rme&
a'ter I pm I#T, the ne7t &ay 10 am I#T rate $oul& %e !onsi&ere& (
3#un&ay %eing !lose& ,Mon&ay opening rate $oul& %e !onsi&ere&, same
applies 'or <ational Holi&ays 5
F( The !ar&s $ill %e 'un&e& $ithin I Hours 'rom the time o' re!eipt o' the
!on*rmation 3!utoG at 4:30 "M I#T on 6ee4&ays an& 12:00 <oon I#T on
#atur&ay5( .eloa&ing an& a!tivations $ill not %e possi%le on #un&ays(
N( .eloa&s $ill %e &one %y entrum Dire!t ;imite& $ithin the stipulate&
time as given a%ove upon re!eipt o' !on*rmation 'rom stu&ents are
re+uire& to pay the &ue amount $ithin F2 Hours o' the transa!tion %eing
!on!lu&e& 3!ar& %eing 'un&e&5( In !ase o' nonBre!eipt o' payment in the
given timeline 0(0Ep 0&ay interest $oul& %e levie& on the total I<.
amount(
O( "ayments $oul& %e !olle!te& against the settlement o' pur!hase o'
!urren!ies in rupee !he+ues &ra$n on a lo!al %an40.TG# or <et Trans'ers(
10( The ;oa&s0reloa&s !an %e &one %y stu&ents %y $riting a mail to
!&lnoi&aP!entrum(!o(in same has %een !entrali@e& 'or %etter servi!e an&
operations(
;o!ation 6ise .M ,mail ID
1 MDI B<orth Mohamme& >shraG gurgaon'7P!entrum(!o(in
>%himanyu 1un4er !&lnoi&aP!entrum(!o(in
11( >ll mail !ommuni!ation mar4e& to MDI $oul& %e also mar4e& to 6hite
>ngels Travels 3in&erpreet(so&hiP$hiteangeltravels(!om5( >ll es!alations
an& emergen!y matter have to %e mar4e& to the 'ollo$ing emails(
In&erpreet #o&hi: in&erpreet(so&hiP$hiteangeltravels(!om
>mit )hurana: amit(4huranaP!entrum(!o(in
Haren&ra hou&hary: h(!hou&haryP!entrum(!o(in
12( entrumDire!t ;imite& un&erta4es to !on&u!t all operations stri!tly as
per the rules an& regulations o' .1I(
13( entrumDire!t ;imite& un&erta4es to pay any !ost, !harges in respe!t
o' the ,m%ossing o' <ames on the !ar&s an& &elivery o' those !ar&s(
14( /n!e the stu&ents are %a!4 'rom e7!hange program, the stu&ent
e7!hange !ommittee !an !onsoli&ate the list o' stu&ents $ho have
unuse& !ash0%alan!e le't on the !ar& an& sen& a !onsoli&ate& re+uest to
the lo!al representative o' entrum Dire!t ;imite& an& the same $oul& %e
en!ashe& $ithin 4N hours o' the re!eipt o' the re+uest(
1E( entrumDire!t ;imite& $ill provi&e the statement o' the !ar&s to the
stu&ents at the time o' en!ashment o' the !ar&s(
1I( entrum Dire!t ;imite& $oul& also provi&e the invoi!e 'or the
en!ashment o' ash0ar&s to every stu&ent along $ith the !he+ue
12( entrumDire!t ;imite& $ill provi&e the ne!essary training to the
stu&ents to use the !ar& overseas(
)in&ly, 'eel 'ree to revert 'or any !lari*!ations(
6e loo4 'or$ar& to servi!e the MDI #tu&ents this year also an& strongly
assert our !ommitment o' provi&ing the %est o' servi!es(
#in!erely,
=or entrum Dire!t ;t&
Haren&ra hou&hary
3>uthori@e& #ignatory5