Is Indian Post Office franchise profitable?

You can earn a good amount of money every month by taking post office franchises. The good thing is that there is also a scope of bumper profits at a low cost. To start a post office franchise business, you only have to spend 5,000 rupees. There are two types of franchisees like this scheme.03-Jan-2022

What is the process of franchise of Post Office?

Step 1: The applicants for franchises will have to submit an application in a prescribed format. Step 2: Then, the applicant has to get the scheme form from the office and have to fill out the in the prescribed format along with copies of the detailed proposal including details of the operations of franchise outlet.

How much profit does a Post Office franchise make?

Franchise Business can be opened anywhere from villages to towns. By joining this you can earn an average of 50000 rupees every month. However, to open India Post, you only have to invest 5 thousand rupees.22-Oct-2020

How can I get Post Office agency in India?

How to become a Post Office RD agent?

Application Form for India Post Agent.
Agreement form.
Nomination form.
An affidavit which is attested by the Magistrate for Rs.
Two character certificates.
Two recent passport-size photos. (
A photocopy of the SAS agency.
Address proof documents, birth documents, ration cards, etc.

How do I start a post office agency?

Franchise Scheme

Sale of stamps and stationery.
Booking registered articles, speed post articles, money orders.
Functioning as an agent for Postal Life Insurance (PLI) and provide related after sales service, including collection of premium.

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

What is the commission of post office agent?

Post Office Small Saving Schemes – Rate of Commission of Agents

Which is the most profitable franchise in India?

15 Best Profitable Franchise In India

Amul – Profitable Franchise.
KFC – Most Profitable Franchise.
Domino's Pizza.
DTDC.
KidZee.
Café Coffee Day.
Dr. Lal Pathlabs.
Patanjali – Most Profitable Franchise Business.

What is Dak Mitra?

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. This earns them a good amount of money.13-Aug-2022

What is the cost of Post Office in India?

Can we get loan from Post Office?

At present, under the NSC and KVP rules, many depositors with the public sector banks have been getting loans by pledging their investment certificates under NSC and KVP as security. However, the department of post has not been authorised to sanction loan against such investment.21-Jun-2008

How does the Post Office make money?

Owing to the massive consumer base, in fact, such schemes are one of the major sources of revenue for the post office. This is especially significant at a time when the post office's other means of revenue generation such as money orders, postal stamps, etc, have dwindled to the extent of becoming extinct.05-Aug-2018

How can I become a PLI agent?

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

How can I become NSC agent?

The applying party should have the application form, the agreement form, as well as the nomination form. Another requirement is the Pledging of NSC of a minimum of Five hundred rupees. Applicants need an affidavit attested by the magistrate or the notary on a stamp paper worth ten rupees.26-Feb-2019

How can I be a LIC agent?

Start-up in 5 easy steps!

1 Fill in application form.
2 Submit necessary documents like:- Photo, Age Proof, Address Proof, Qualification Certificate.
3 Undergo preparatory training for appearing in the Insurance Agency Examination.
4 Pass the Examination.
5 Receive Letter of Appointment from LIC and become an LIC Agent.

What is SAS agency?

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 does delivered to postal agent mean?

If a USPS driver attempts to make a delivery, but you're not present to receive the package, they will ask someone to take the package on your behalf—usually an authorized person or a family member. Once that happens, the tracking status will say ''delivered to agent''.

Is shipping a good business?

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.

How do shipping stores make money?

Store operators use these carriers to offer shipment services such as ground, express, international and freight. In addition, most stores generate revenue from the cost of packaging items for customers.

How much is a stamp?

The current price of a first-class Forever stamp is 60 cents, up 3.4 percent from the previous price of 58 cents. A first-class stamp covers the cost to mail a 1-ounce letter.11-Jul-2022