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.
Franchise Scheme
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 commission of post office agent?
Post Office Small Saving Schemes – Rate of Commission of Agents
Gross income 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 IPPB franchise?
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:
12 Most Profitable Franchise Business Opportunities In India
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
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 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
Agency Details
How do I contact a postman?
India Post Regional Offices Other than calling the phone number given above and visiting the local post office in your locality, you may also visit any of the regional offices of India Post if your problem is not resolved at the local post office. Phone: 040-23463533.
Insert the letter/courier into it, seal the envelope, and write 'speed post' on the top of the envelope. Write the receiver's name, address, and contact details on the left side of the envelope. Next, mention your details like name and address on the right side. Handover the courier to the speed post staff.25-Apr-2019
What is the benefit of post office agent?
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
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 do I start a payment bank?
The payments bank shall be required to maintain a minimum capital adequacy ratio of 15 per cent of its risk weighted assets (RWA) on a continuous basis, subject to any higher percentage as may be prescribed by RBI from time to time. Tier I capital should be at least 7.5 per cent of RWAs.
How to Register as a CSP?
What is the cheapest franchise to buy?
The 8 Cheapest Franchises to Buy in 2020
What is the process of franchise of post office?