What is the commission of Post Office franchise?

What is the commission of Post Office franchise?

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 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

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

How do I start a Post Office agency?

For the Postal Agent Franchise, applicant have to submit an application form, which is given in the official website: click here to get that form. Educational qualifications: No prescribed educational qualification. Age: Above 18 years. No upper age limit.19-Sept-2021

How does a post office franchise work?

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?

Which is the most profitable franchise in India?

15 Best Profitable Franchise In India

What is the cost of Post Office in India?

How does the post office make money?

Also, be aware of the interest rates associated with any of these plans.

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

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

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

What is the work of post office agent?

The post office agent's job entails assisting the general public in booking letters, selling and collecting Insurance premiums, sales of Postal Bond Fixed Deposits, and so on, i.e., all kinds of monetary deposits, and policies.26-Feb-2019

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

What is the highest paying job in the post office?

Highest Paid Positions in the Postal Service

How can I get delivery agency from Flipkart?

You can reach to flipkart Delivery Agents by calling on 1800-202-9898, or connect with Flipkart's 24×7 Customer Care. Also to know more about the Flipkart delivery services.28-Mar-2022

How do I become an IPPB 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 the cheapest franchise to buy?

The 8 Cheapest Franchises to Buy in 2020

Which franchise has highest profit margin?

According to the Franchise 500 list of 2021, Taco Bell is the most profitable franchise to own.03-Jan-2022

Which franchise is best and cheapest?

The Best Low-Cost Franchise Businesses—

Why is India Post in loss?

The loss of India Post is attributed to high cost involved in payment of salaries and allowances to its massive workforce. The cost of payment to its 4.33 lakh employees stood at a staggering Rs 26,400 crore in FY19.19-Apr-2019

What is the commission of Post Office franchise?