How can I make a post office agent?
How to become a Post Office RD agent?
Post Office Agent Commission
How much does postal agent earn?
The average salary of a Agent at India Post is ₹ 2.1 Lakhs per year which is 75% more than average salary of a Agent in India which receives a salary of ₹ 1.2 Lakhs per year.25-Jan-2022
If a customer can deposit in any of the post office schemes through post office agent then the agent will get a small amount in the form of commission is known as post office agent commission.06-Apr-2022
How do I become a small savings 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
The selected franchisee will sign a Memorandum of Agreement with the Department .Criteria for selection have been fixed considering the need to select persons with the capacity to manage and market a range of products, along with a sense of the community needs and public aspects of the job, and willingness to accept
Which scheme is best in post office?
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
For this fiscal, it is expected at Rs 2,200 crore, the committee said quoting the Budget estimates. There are over five lakh small agents in the country.20-Jan-2013
How much commission does agent get on NSC?
0.5%
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
How much does it cost to open a post office franchise?
1 to 1.5 Lakhs. The applicant will have to mention the minimum business generation feasibility in the location where the franchise is proposed to open. The minimum revenue generation has to be Rs. 50000 per month that will be reviewed by the department on every biannual basis.
2 per speed post article booked. Rs. 20% extra commission on the booking 1000 or more speed post, registered post or both articles booked. 5% commission on the sale of postal stamps, money order forms and other stationery.
Is Indian post franchise profitable?
You can earn a handsome amount of money by joining this franchise business along with helping the Indian postal service and government. For that, you just need to take Post Office Franchise. By joining the Post Office scheme, you can earn up to Rs. 50000 every month, but for this you have to invest Rs.22-Oct-2020
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.
What is KVP scheme in post office?
Kisan Vikas Patra is a government-backed instrument and offers complete security and guaranteed returns. The amount that you will receive at the end of the term is declared on the certificate, which offers security on your investment and the amount that you will receive at the end of the term.30-Sept-2022
An individual woman (called Mahila Agent) who being a resident of locality and sufficiently educated can be appointed agent under this scheme. Management of authorised agency system including appointment, renewal and supervision has been transferred to the State Government.
What is the interest of Mahila Pradhan Kshetriya Bachat Yojana?
The Government has done away with the commission paid to the agents for opening PPF accounts and Senior Citizens Savings Schemes, while the agents' commission for Mahila Pradhan Kshetriya Bachat Yojana (MPKBY) has been fixed at four per cent.12-Mar-2018
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:
How do I start a payment bank?
Our account opening process is digital
CSC Dak Mitra Portal has been started by CSC. All CSC VLEs are being given a new job through this portal. Through this CSC VLE can do many different types of work like Parcel Booking, Parcel Tracking, reports etc.08-Sept-2022
Can I double my money in 5 years?
Similarly, if you want to double your money in five years, your investments will need to grow at around 14.4% per year (72/5). If your goal is to double your invested sum in 10 years, you should invest in a manner to earn around 7% every year. Rule of 72 provides an approximate idea and assumes one time investment.04-Oct-2020
How can I make a post office agent?