Post Office Franchise Scheme: Great Opportunity to Earn more than Rs. 50000 Monthly

Post Office Franchise Scheme: Great Opportunity to Earn more than Rs. 50000 Monthly

Ankur | May 24, 2022 |

Post Office Franchise Scheme: Great Opportunity to Earn more than Rs. 50000 Monthly

Post Office Franchise Scheme: Great Opportunity to Earn more than Rs. 50000 Monthly

The Department of Posts is entrusted with providing access to basic postal facilities throughout the country. Even though India has the largest postal network in the world, with about 1.56 lakh Post Offices, there continues to be a demand for Post Offices.

In order to effectively meet such demand, the Department of Posts provides postal services through Franchise Scheme.

There will be two types of franchises

(i) Counter services through Franchise Outlets in areas where there is demand for postal services, but a post office cannot be opened.

(ii) Sale of postal stamps and stationery through Postal Agents in urban and rural areas.

  • Basic features of the Franchise Outlet Scheme Only counter services are to be franchised, while delivery and transmission will continue to be through the Department. Linking arrangements for the franchised outlets will be provided by the franchises.
  • The franchise will provide service across the counter for a minimum defined time schedule with the flexibility to work round the clock.
  • Products and Services Offered
  • Franchise outlets will not book any money order for a value less than Rs.100/-
  • Functioning as a direct agent for PLI and providing related aftersales service, including a collection of premia. (subject to fulfillment of criteria for PLI agents).
  • Marketing products for which the Department has a corporate agency or tie-up and providing related follow-up services (subject to agreement with the other organizations involved).
  • Providing retail including sale of revenue stamps and CRF stamps and bill/tax/fine collection/payment services of the Department (subject to agreement with the other organizations involved).
  • Facilitating the provision of e-governance and citizen-centric services (subject to agreement with the other organizations involved).

Viability

The viability of each franchise only requires to be assessed by the concerned field unit so as to ensure adequate returns to the franchise. The expected minimum revenue would depend on the range of services, a particular location, potential revenue, the investments that the franchise is willing to make, the most likely to be incurred by the Department in providing support facilities, etc.

Criteria for Selection of Franchise Outlets

Applicants for the franchise would need to submit an application in a prescribed proforma (Annex-I). The selected franchise will sign a Memorandum of Agreement with the Department (Annex-II). Criteria for selection have been fixed considering the need to select persons with the capacity to manage and market a range of products, along with a sense of the community needs and public aspects of the job, and willingness to accept technological options. The criteria are as below:

1. Individual as well as institutions/organizations/ other entities like corner shops, paanwalas, kiranawalas, stationery shops, small shopkeepers, etc. In urban and rural areas and new upcoming urban townships, special economic zones, major highway projects, upcoming new industrial centers, colleges, polytechnics, universities, professional colleges etc. are eligible for taking up the franchise work. In the case of individual, individual will enter into the agreement and in the case of an institution/organization/ other entity, Head of the institution/ organization/entity will enter into agreement.

2. The members of family of serving postal employees are not eligible for taking up franchise scheme in the same Division in which postal employees are working. Members of family for this purpose would include the following:

a. The spouse, but not including a separated spouse or one living separately while judicial separation proceedings are on;

b. Children and stepchildren but not including children and stepchildren of whose custody the serving postal employee has been deprived by law;

c. Other persons such as wards who are dependent on and normally live with the serving postal employee.

3. Age: Above 18 years. No upper age limit.

4. Educational qualifications: 8th class pass from a recognized School.

5. Preference-

  • Postal pensioners
  • Those able to provide computer facilities.

6. Premises- Properly appropriately located and accessible premises, properly maintained with a suitable display of approved signages.

Training:

  1. Introduction to the objectives, products/ services, basic procedures, upkeep of the premises and customer care would be part of the induction training of the franchisees. The briefing will be done by the Sub-Divisional Inspector of the area.
  2. Franchise shall be able to transact postal business on computers.

Remuneration to Franchisees:

The franchisees will earn remuneration/commission on services provided, as set out in the Schedule of Memorandum of Agreement. On becoming the franchise partner, the applicant will start earning remuneration/commission from the department on sale of the services and products that are sold. The commission is Rs.3 per registered post article booked & Rs.5 per speed post article booked The commission offered by the department on various services if given as follows:

Click here to check the complete official notification

Disclaimer: The Recruitment  Information Provided above is for informational purposes only. We do not provide any Recruitment guarantee. Recruitment is to be done as per the official recruitment process of the company or organization posted the recruitment Vacancy. We don’t charge any fee for providing this job information. Neither the author nor Studycafe and its affiliates accept any liabilities for any loss or damage of any kind arising out of any information in this article nor for any actions taken in reliance thereon.

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