Do post office agents get commission?
Such agents earn 4% commission.20-Jan-2013
Average India Post Agent salary in India is ₹ 2.1 Lakhs per year for employees with experience between 4 years to 19 years. Agent salary at India Post ranges between ₹ 1.2 Lakhs to ₹ 3 Lakhs per year.25-Jan-2022
How much commission does agent get on NSC?
0.5%
By submitting your documentation to the district office for consideration, you can start the process of becoming an agent. The District Collector or other appointing authority will then determine whether you're ideal for the position or not. Once you're approved, you can begin your work as an agent.26-Feb-2019
What is the benefit of post office agent?
The payment of commission to agents of Public Provident Fund (PPF) Scheme and Senior Citizens Savings Scheme has been discontinued, with effect from 1st December, 2011. Commission under all other schemes (except MPKBY Agents) has been reduced from 1% to 0.5%.04-May-2012
2,3 means an Insurance Agent engaged by the Postmaster General / Head of the Division who receives or agrees to receive payments by way of commission or other remuneration in consideration of his/her soliciting or procuring PLI/RPLI business including business relating to continuance, renewal or revival of policies of
How can I become a PPF agent?
1 Minimum qualification is 12th Pass under 10+2 scheme or Higher Secondary or its equivalent. 2 Retired person(s) from Govt., Semi Govt. Undertaking, Public Sector are also eligible for the SAS /PPF/MPKBY agency. 3 SAS/PPF/MPKBY agency may be given to the person(s) who hold the agency of L.I.C/ G.I.C.24-May-2016
5.8% Per annum
What is Post Office MIS 2022 interest?
The interest rate that is paid on the Post Office Monthly Income Scheme is 6.6% p.a. for an investment period of 5 years. The rate of interest paid is not applicable to senior citizens and those who belong to this category can invest in the Senior Citizens Savings Scheme (SCSS).
Post Office Small Saving Schemes – Rate of Commission of Agents
What is agent commission in MIS?
Commision Structure for Mutual Fund Agent (4.5% to 10%), Equity Mutual Funds will get you around (0.5% to 2.5%). Whereas, getting your clients to invest in Debt Funds will earn you around (0.2% to 0.8%).
How do I start a post office rd agent?
How to become a Post Office RD agent?
All you need is: A current account with IPPB. Any smartphone with android version 5.0 or higher.If you fall under any of the categories listed below, you can become an IPPB Merchant:
What is outsourced postal agent?
a. Outsourced Postal Agents (OPAs) scheme will be applicable for Registered Post (including Parcels), Business and Express Parcel and Speed Post (domestic) articles and will replace the existing scheme of Outsourced Agents present applicable for Speed Post.13-Aug-2016
1 lakh in the scheme, with a maturity period of 5 years. At the annual interest rate of 6.6%, he will receive a fixed monthly payout of Rs.How Post Office Monthly Income Scheme Works?
Which Post Office scheme is best?
Public Provident Fund (PPF) PPF is a long-term investment for a period of 15 years currently offered at an interest rate of 7.1% per annum (compounded yearly). The maximum amount under this scheme is Rs. 1,50,000 in a financial year.30-Sept-2022
The post office national savings monthly income account, or post office MIS is one of the best options investors might find in the market to invest in, given its high amount of returns. The Post Office Monthly Income Scheme guarantees fixed returns to investors at the rate of which the money was invested initially.02-Jul-2022
How can I become a PLI agent in post office?
Walk-in-interview:- the willing eligible persons will attend “walk-in-interview” along with their bio-data and requisite certificates on given date and time. 5. Fee: - A sum of Rs250/- each (non-refundable) for licence/provisional licence as 'licence fee' with the dept. The fee for renewal of licence is Rs100/- only.
Standardised Agency System (SAS) was introduced by the Government w.e.f. 01.10. 1960 to appoint authorised agents to canvass for the sale of specified National Savings Schemes. Under the agency system, an adult individual is eligible for appointment as authorised agent.
How can I take PLI?
You can start the procedure of buying the policy online even if you are not a customer of India Post. You will be able to navigate to Purchase a Policy. Quote to select the suitable product and coverage for you. After this, you will have to fill personal, employment, medical and other information.
Do post office agents get commission?