Post Office Franchise: If you also want to do profitable business in less money then post office is a better option for you. There are 1 lakh 55 thousand post offices under the postal network. India Post has started the franchise scheme to open new post offices. Under this, you can start a business by paying a small amount. Also, let us tell you that earning is also good in this. If you are also interested in this, then let us know its complete process.
How to open post office
Under the Post Office Franchise Scheme, any individual can open a post office by depositing a small amount. For this some basic process has to be done. Post office is a good business model which earns a lot of money. The post office mainly offers two types of franchises. First – Franchisee outlet and second – Postal agent.
There are two types of franchises
All the work that is done by India Post comes under the Franchisee Outlet. But in this the delivery is done by the service department itself. And such a franchise is given for those locations where it is not serviced.
200 square feet office area
To open a post office, it is necessary to have at least 200 square feet of office area. Only those above 18 years can open a post office. For this it is necessary to have passed 8th standard. Along with this, the biggest thing is that no family member should be in the post department.
Investment in franchise outlet is negligible
You do not even have to invest much to open a post office. The job of a franchise outlet is mainly to pass the service, so its investment is less. But the investment for a postal agent is high because you also have to buy stationery items.
Security amount Rs 5000
To open a post office franchise, you have to pay a minimum security amount of Rs 5000. For this you have to apply. You can apply by visiting the official link of https://www.indiapost.gov.in/VAS/DOP_PDFFiles/Franchise.pdf. Rs 5 for speed post, Rs 3-5 for money order, 5% commission on postal stamp and stationery. In this way, different commissions are available for different services. In such a situation, your lack can also be good.