Post Office: Start your business with Post Office in Rs 5 thousand, monthly earning is in lakhs..

If you are also thinking about earning money, then now the post office is giving you an opportunity to earn and that too by spending just Rs 5000. Post Office is giving you an opportunity to do business which you can start even from a small place. If you keep working hard and the business succeeds, you can earn lakhs by spending Rs 5,000. This business idea is of post office franchise. Franchise means taking a post office license and running the post office yourself. This business is similar to a common service center. As you see for making Aadhaar or PAN.

Let us tell you that the work of the post office is such that common people always have to endure it. In rural areas, every government work is being done through the post office. Its demand is not less even in urban areas because due to Sukanya Samriddhi, RD, FD, or different pension schemes, people always stand in queues in the post office branches of cities. Earlier people used to turn more towards banks because they felt that post offices were not as hi-tech as banks or the facilities had not been expanded. Now the perception has changed. Post offices are also providing facilities like banks. In some cases, they are better than banks if we talk about interest rates.

This business will shine in these places
Post Office gives you such an opportunity in which you can earn lakhs of rupees every year by starting a new business at a cost of just Rs 5,000. You can earn money by taking a post office franchise. At present, there are about 1.55 lakh post offices in the country but still, many places do not have post offices. Keeping this in mind, the franchise is being given. Look around you, if there is no post office or it is far away from your area, then you can start working by taking a franchise.

For information, let us tell you that two types of franchises are offered from the post office. The first is a franchise outlet and the second is a postal agent franchise. You can take any of these franchises. Agents who transport postal stamps and stationery door-to-door in urban and rural areas are known as postal agents. To get the franchise you will have to spend only Rs 5000. After getting the franchise, you can earn through commission. It depends on your work and how much you can earn.

How can you apply for a post office franchise?
First of all, if you are an applicant, you will have to apply in a format along with a business plan detailing the work to be started in the franchise outlet.

You can then collect the application form from the post office and need to submit it along with a copy of the detailed proposal which will include the proposal to operate the franchise outlet. The application form can also be downloaded from the official website of the Department of Posts, Government of India

After submitting the form, the selected franchisee will sign a Memorandum of Understanding (MOA) with the department

Finally, the final selection for the Post Office Franchise Scheme will be done by the concerned Divisional Head within 14 days from the date of submission of the application.

This much is earned from the franchise
-Rs 3 on booking of registered luggage
-Rs 5 on booking speed post articles
-Rs 3.50 on booking money orders from Rs 100 to Rs 200
-Rs 5 per money order above Rs 200
-Additional commission of 20% on more than 1000 bookings of Registry and Speed Post every month
-5% of the sale amount on the sale of postal stamps, postal stationery, and money order forms.
-40% of the income earned by the post office department on retail services including sale of revenue stamps, Central Recruitment Fee stamps etc.

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