Is Indian post franchise profitable?
Now, in a wonderful opportunity by the Post Office, you can earn lakhs of rupees every year by starting a new business at a cost of just Rs 5,000. By taking a franchise of Post Office, you can make money. There are currently about 1.55 lakh post offices in the country but there are still no post offices everywhere.21-Nov-2021
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
How can I get post office agency in India?
How to become a Post Office RD agent?
3.5 per money order booked. 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.
How do I start a postal service?
Visit Your Local Post Office The Postmaster will review your deed and identification, then provide you with paperwork to fill out on site. The Postmaster will photocopy everything to file with the paperwork. In many cases, the postal service will begin mail delivery almost immediately after processing your paperwork.06-May-2021
Distributors estimate that a typical agent selling post-office schemes earns about Rs 10,000 a month in the big cities, Rs 5,000 in towns and about Rs 2,000 a month in rural areas.25-Nov-2011
Which is the most profitable franchise in India?
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All you need is: A current account with IPPB.Who Can Become a Merchant?
What is Dak Mitra?
CSC DAK MITRA – India Post Parcel / Speed Post Booking Franchise. Post Office Franchise Through CSC | CSC Post Office Parcel booking Id | CSC Now CSC VLE Can Book Speed Post / Registered Parcel of India post Through CSC Portal | CSC DAAK MITRA ID.13-Aug-2022
Educational Qualification – The applicant must possess the minimum qualification of a pass in 12th standard or equivalent examination conducted by any recognized Board/Institution, where the applicant resides in a place with a population of 5000 or more as per last census and a 10th pass or equivalent examination form
What is direct agent in post office?
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
Start-up in 5 easy steps!
How does the post office make money?
Also, be aware of the interest rates associated with any of these plans.
Shipping is a rapidly growing business opportunity and can be profitable for both independent businesses and franchises. For those who prefer a turn-key approach to business, a franchise like a UPS Store, can provide owners with quick earning potential in the postal and business services industry.
Is the Post Office a private business?
The USPS Is a Public Service, Not a Business.06-Apr-2021
In order to be eligible to bid on a USPS contract, you need to fill out PS Form 5436 (also known as Mailing List Application – Mail Transportation Services) and send it to the correct office based on your ZIP code.25-Jun-2019
What is LIC agent commission?
There isn't any fix salary from the LIC for the agents. Though, Agents earn the commission for the policies they sale. LIC offers 25% to 35% commission on the policy premium for the first year, then 7.5% for 2nd & 3rd Year + 5% till the policy maturity.
In the case with PPFA, which covers the Public Provident Fund (PPF) the commission is also one per cent. It is the highest for agents of the MPKBY who operate the Post Office Recurring Deposits Scheme. Such agents earn 4 per cent commission. Experience Your Economic Times Newspaper, The Digital Way!09-Jun-2011
What is the commission percentage of post office agent?
Such agents earn 4% commission.09-Jun-2011
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Is Indian post franchise profitable?