by Suman Gupta
Bhartiya Dak is committed to providing Universal Service Obligation for postal facilities throughout the country. Even though India has the largest postal network in the world, with over 1.55 lakh post offices, including 89% in rural areas, there continues to be a demand for post offices. There is a constant demand from customers to open more post offices especially in newly developing urban agglomerations.
To meet this India post a NEW Franchisee scheme is being starting from 1st Feb 2024 for setting up post office franchisee outlets.
What can be offered by Franchisee outlet?
- Booking of Inland Speed Post Non-COD(Documents & Parcel), Inland Registered Letters, eMoney order
- Sale of postage stamps & stationary
- Retail services including sale of revenue stamps, central recruitment fee stamps etc.
- Functioning as a direct agent for Postal Life Insurance Products and provide related aftersales service, including collection of premia.
How to Become a Franchisee?
- Applicants for franchisee would need to submit an application in a prescribed format.
- Individuals as well as institutions/organizations/ other entities like corner shops, paanwalas, kiranawalas, stationery shops, small shopkeepers etc.
- Age: Above 18 years. No upper age selection have been fixed considering the need to select persons with the capacity to manage and market a range of products.
- Individual/Organization will enter into agreement with Bhartiya Dak.
- Educational qualifications: 10th class pass from a recognized School. A person with good knowledge of Local language and English; Computer literacy; working knowledge of smart phone; valid PAN number—may apply to become Franchisee.
- Applicant has to deposit Rs.10,000/- as security deposit with Post Office.
Commission to Franchisee:
The franchisees will earn commission of Rs. 3.00 for each Registered letter, Rs. 5.00 for each money order of value more than Rs.200/-, 5% on Sale of Postage Stamps & Stationery. The commission rate for Speed Post article booked is very attractive and franchisee will earn 7% to 25% of the monthly business secured by him.
Selection Criteria:
The Postal Divisional Head will be the competent authority to engage Franchisee.
