Is Indian Post Office franchise profitable?

Is Indian Post Office franchise profitable?

You can earn a handsome amount of money by joining this franchise business along with helping the Indian postal service and government. For that, you just need to take Post Office Franchise. By joining the Post Office scheme, you can earn up to Rs. 50000 every month, but for this you have to invest Rs.

How do I start a post office agency?

To apply, you have to get the application forms that are available at District Institutional finance office/ OIC in each district of the state. After filling the application form, and gathering all the required documents (mentioned above), you need to submit all this to the district office.

What is postal agent franchise?

India Post entrusted with the Universal Service Obligation of increasing access to basic postal facilities throughout the country. The franchisee will provide service across the counter for a minimum defined time schedule with flexibility to work round the clock. …

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How do post office franchises make money?

Remuneration to Franchisees

  1. Rs. 2 per registered post article booked.
  2. Rs. 2 per speed post article booked.
  3. Rs.
  4. 20\% extra commission on the booking 1000 or more speed post, registered post or both articles booked.
  5. 5\% commission on the sale of postal stamps, money order forms and other stationery.

How can I become a PPF agent?

  1. Minimum qualification is 12th Pass under 10+2 scheme or Higher Secondary or its equivalent.
  2. Retired person(s) from Govt., Semi Govt. Undertaking, Public Sector are also eligible for the SAS /PPF/MPKBY agency.
  3. SAS/PPF/MPKBY agency may be given to the person(s) who hold the agency of L.I.C/ G.I.C.

How do you become a post office manager?

The prerequisite criterion to turn out to be a Post Master General is a graduation or Associate’s degree in Business Management. Aspirants who have conceded the Bachelors’ Degree in Public Administration or related subjects are also qualified. They should have completed the course from a certified University.

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Is jockey franchise profitable?

Ans: Yes. Jockey Franchise Profit Margin is really high and it is one of the best investment opportunities for the new entrepreneurs and for individuals who want to start up a clothing business.