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Post Office Franchise: Good News! You can get post office franchise by investing only 5000/- rupees, know the whole process

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In today’s time everyone wants to improve their future. For that, he keeps trying to add the right amount of money. If you also want to add money for the future, then we will tell you about such a business in low investment from which you can earn big money. 


 

For your information, let us tell you that there are about 1.55 lakh post offices in the country. Despite this, there are many such areas in our country where there is no post office. In such a situation, the Postal Department is providing an opportunity to open India Post Office Franchisee and earn money.

If you also want to take a post office franchise, then you will have to deposit only 5 thousand rupees security. Through the franchise, you will get the facilities of booking stamp, stationery, speed post, articles, money order and these facilities will become a means of regular income of the person taking the franchise along with a fold commission.

Know who can take the franchise

Anyone can take a franchise. Apart from this, Institutions, Organizations or other Entities like Corner Shops, Paan Wale, Grocery Wale, Stationery Shop, Small Shopkeeper etc. can take Franchisee of Post Office. Apart from this, new starting urban townships, special economic zones, newly starting industrial centres, colleges, university professionals, colleges etc. can also take franchisees. Let us tell you that to take a franchise, first of all a form has to be submitted. Selected people will have to sign MoU with the department. To take the franchise, India Post has fixed the minimum qualification as VIII pass. The age of the person should be at least 18 years.


Know how the selection is done

For your information, let us tell you that the franchisee takers are selected by the respective divisional head. This selection is based on the report of ASP/SDI within 14 days of receipt of application. Let us tell you one more important thing that you will not get permission to open a franchise in such Gram Panchayats where Panchayat Sanchar Seva Kendra is already present under Panchayat Sanchar Seva Yojana Scheme.

Know who can not take post office franchise

Let us tell you that the family members of post office employees cannot take franchise in the same division where they are working. Family members include the employee’s wife, real and step-children and such people who are dependent on or live with the postal employee, can take a franchise.

How much will the security deposit cost?

The minimum security deposit for taking a post office franchise is Rs 5000. This is based on the maximum possible level of financial transactions that the franchisee can do in 1 day. Later this average increases on the basis of daily revenue. Security deposit is taken in the form of NSC.

Know what service and product will be available in the post office

In the post office, you will get the services of stamps and stationery, registered articles, speed post articles, booking of money orders etc. However, you will not be able to book money orders less than Rs.100. This franchisee will act as an agent for Postal Life Insurance (PLI). Apart from this, it will also provide after sales service like collection of premium. Retail service, e-governance and citizen centric service like collection and payment of bills/tax/penalty, marketing of products for which departments hire or tie-up with corporate agencies. As well as the services related to it and the services to be offered by the department in future.

know how to earn

Post office franchisees earn through the commission they get on the postal services provided by them. This commission is decided in the MoU. Rs.3 on booking of registered articles. Rs.5 on booking of Speed ​​Post articles. Rs.3.50 on money order booking of Rs.100 to Rs.200. Rs.5 off on booking of money orders above Rs.200. 20% additional commission on booking of 1000+ articles of Registry and Speed ​​Post every month. 5% of the sale amount on the sale of postal stamps, postal stationery and money order forms. 40 percent of the earnings of the Postal Department on retail services including sale of Revenue Stamps, Central Recruitment Fee Stamps etc.


Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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