Business Idea: If you want to do business by associating with a government institution, then today we are giving you such a business idea . In which you can earn big money every month by joining a government institution.
You can open a Post Office franchise . At present there are about 1.55 lakh post offices in the country. The government has expanded their facilities from time to time and many works are done through it. In this, all the work like sending money order, sending stamps and stationery, sending and ordering post, opening small savings account etc. are all done in the post office.
India Post has started the franchise scheme to open new post offices. That means you can earn money by opening a post office. Post office is still not accessible in many areas of the country. Keeping this in mind, franchise is being given.
Two types of franchises are available from post office
Two types of franchises are given by the post office. In this, the first franchise is of outlet and the second is Postal Agents franchise. You can take any of these franchises. Apart from this, there are agents who deliver postal stamps and stationery door-to-door in urban and rural areas. This is known as Postal Agents Franchise. Under the Post Office Franchise Scheme, any individual can open a post office by depositing a small amount and following the basic process. Post office is a successful business model and earns a good amount of money from it.
Who can take franchise?
The age of the person taking the franchise should be more than 18 years. No member of the family should be in the post department. The person taking the franchise must have 8th pass certificate from a recognized school. For franchise you will have to apply by filling the form. After this, on selection, an MoU will have to be signed with India Post.
Investment in franchise outlets is less
If we talk about investment, then investment in franchise outlet has to be reduced. Its work is mainly to pass the service, hence the investment in it is less. At the same time, more investment has to be made for postal agent. The reason for this is that more money is spent in purchasing stationery items. To open a post office, an office area of at least 200 square feet is required.
Rs 5000 security amount
The minimum security amount to open a post office franchise is Rs 5000. You will have to apply for post office franchise. For this you can visit its official link https://www.indiapost.gov.in/VAS/DOP_PDFFiles/Franchise.pdf. Talking about earning, you get Rs 5 for speed post, Rs 3-5 for money order, 5 percent commission on postal stamps and stationery. Similarly, different commissions are available for different services.
