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If you are also thinking of earning money then now the post office is giving you an opportunity to earn and that too by spending only Rs 5000. Post office is giving you an opportunity to do business which you can start even from a small place. If you keep working hard and the business becomes successful, you can earn lakhs by spending Rs 5,000. This business idea is of post office franchise. Franchise means taking the post office license and running the post office yourself. This business is like a common service center. As you see for making Aadhaar or PAN.
Let us tell you that the work of the post office is such that the common people always have to bear the brunt of it. In rural areas, every government work is being done through post office. Its demand is not less even in urban areas because people always stand in queues in the post office branches of cities due to Sukanya Samriddhi, RD, FD or different pension schemes. Earlier, people used to turn towards banks more because they felt that post offices were not as hi-tech as banks or the facilities were not expanded. Now the perception has changed. Post offices are also providing facilities like banks. If we talk about interest rates, in some cases they are better than banks.
This business will shine in these places
Post office gives you such an opportunity in which you can earn lakhs of rupees every year by starting a new business with just Rs 5,000. You can earn money by taking post office franchise. At present there are about 1.55 lakh post offices in the country but still many places do not have post offices. Keeping this in mind, franchise is being given. Look around you, if there is no post office or it is very far from your area then you can start working by taking a franchise.
For information, let us tell you that two types of franchises are given by the post office. The first is franchise outlet and the second is postal agent franchise. You can take any of these franchises. Agents who deliver door-to-door postage stamps and stationery in urban and rural areas are called postal agents. To take a franchise you will have to spend only Rs 5000. After taking franchise you can earn through commission. It depends on your work how much you can earn.
How can you apply for post office franchise?
First of all, if you are an applicant, you need to apply in a format with a business plan detailing the work you want to undertake in the franchise outlet.
You can then collect the application form from the post office and submit it along with a copy of the detailed proposal which will include the proposal to operate the franchise outlet. The application form can also be downloaded from the official website of the Department of Posts, Government of India
After submitting the form, the selected franchisee will sign a Memorandum of Agreement (MOA) with the department
Finally, the final selection for Post Office Franchise Scheme will be made by the concerned Division Head within 14 days from the date of application submission.
This much income is earned from franchise
-Rs 3 on booking of registered luggage
-Rs 5 on booking Speed Post article
-3.50 on booking money orders from Rs 100 to Rs 200
Rs 5-Rs 20 on money orders above Rs 200
Additional commission of Rs. 1000% on more than 1000 bookings of Registry and Speed Post every month –
5% of the sale amount on sale of postal stamps, postal stationery and money order forms.
-40% of the income earned by the Post Office Department on retail services including sale of revenue stamps, Central Recruitment Fee stamps etc.