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Business Idea: Take a franchise of Post Office for just Rs 5000, you will get up to 10% commission

Business Idea

Franchise Apply: Post office is called the artery of the country. In the entire nation, there are more than 3 lakh post offices. Let us tell you that these post offices not only do the work of delivering letters or parcels but also provide financial services like savings schemes and insurance. The post office is not just giving you an opportunity to earn money from interest, now you can also take a franchise of the post office. You may help the general public and make a nice living by acquiring these franchises in your area. We’ll explain how you can profit from it in this news item.

Postal department is giving franchise

By taking a franchise of the Department of Posts, you can earn by giving services like postage stamps, speed post, registry, money order, etc. Any Indian citizen may apply for a post office franchise under this program. The Indian Postal Department has started providing Post Offices under the Franchisee Model. the moment you obtain the post office franchise. After that, after 6 months it will be reviewed for taking it forward. The postal department claims that if your work is good, it will be continued.

apply like this

You must be at least 18 years old to apply for a post office franchise. Apart from this, you should have the 8th pass marksheet. This program’s unique feature is that there is no maximum age restriction, so you can join even after retirement. If you want to apply for this then you have to deposit 5000 rupees as security in the postal department and you should also have 200 square feet office. You will then receive the post office using a franchise model.

how much will the commission be 

According to the website of the Indian Postal Department, Rs 3 will be available on registration, Rs 5 on speed post, 5 percent commission on selling tickets, and 7 to 10 percent commission on speed post parcels. You can also visit the official website for more details about the commission.

Can open here post office The

Only in locations where there is currently no post office may one be opened. Where you are living and there is no post office in that area then you can open a post office on a franchise model. Young people without jobs who live in rural regions can also benefit from this.

Read More: Investment Tips: Invest in instruments that give better returns than the benchmark, and better performance of the value theme.

How many types of franchises are there?

The Department of Posts grants two different sorts of franchises, according to its website. Starting a franchise business is the first choice, and working as a postal agent is the second. In places where there is a demand for postal services, but it is Post offices cannot be opened, but outlets can be through franchisees. In both urban and rural locations, postal agents can simultaneously sell stationery and postage stamps.

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