Advertisement
trendingPhotosenglish2553109
photoDetails

BUMPER RETURN business idea! Post Office offering scheme to earn upto Rs 80,000/month by just investing Rs 5000 once

Post office Franchise

1/5
Post office Franchise

Nobody is hiding the unemployment situation in India. It's considerably riskier to become an entrepreneur when there are millions of people competing for better jobs. Here is a business idea that can help you make money by working with a government agency.

The Indian Post Office has the largest post office network and has facilities that are widely accessible everywhere. You can take advantage of services like modest savings account establishing, money order sending, stationary delivery, and stamp purchasing. However, the government intends to introduce the Post Office Franchise Plan in order to increase the post office's facilities.

This plan can help you produce a profitable business strategy as well as some nice income. Let's look at this plan.

How to apply for Post office Franchise

2/5
How to apply for Post office Franchise

- Applying for a post office franchise must be done through India Post's official website.

- Download the form from the official website.

- You should fill it out and submit it.

- After being chosen, you will have to sign an MoU. (Memorandum of Understanding). After that, you'll be able to assist the clients.

Eligibility criteria for Post office Franchise

3/5
Eligibility criteria for Post office Franchise

- The applicant must be at least 18 years old.

- His or her relatives shouldn't be employed by the India Post Department.

- He or she must have attended an accredited school up to the eighth grade.

Investment cost for Post Office Franchise

4/5
Investment cost for Post Office Franchise

A security deposit of 5,000 rupees must be made if you want to create a post office shop.

Earnings from Post office Franchise

5/5
Earnings from Post office Franchise

Despite the lack of a fixed salary, franchise owners will still receive a commission for their work. The more you work, the more revenue you will generate as the earnings depends on the service.

(Disclaimer: This article is for information purposes. The calculator is also mostly based on assumptive figures to give an example of a certain type. The article does not intend to give any financial advice of any sort. Investors/subscribers must check with their portfolio managers before investing in any scheme/policies.)