The Indian Postal Service has played a significant role in our county for decades. It is currently one of the most reliable public postal service systems and remains unaffected by its rivals, such as courier services. It offers various services like delivery of mails, acceptance of deposits under Small Savings Schemes, Postal Life Insurance (PLI), bill collection etc. Even though India has the largest postal network in the world, with over 1.55 lakh post offices, including 89% in the rural area, there continues to be a demand for post offices. In order to meet the demand for Post Offices and to provide increased access to Postal services in both urban and rural areas, the Department of Posts introduced postal services through the India Post Franchise Scheme. The objective of the scheme is to expand the Postal network by opening franchised outlets in underserved areas. Through the scheme, the counter services are to be franchised, while delivery and transmission will be continued through the Department . 

What can be offered by Franchise outlet?

• Sale of stamps and stationery.

• Booking registered articles, speed post articles etc. 

• Functioning as an agent for Postal Life Insurance (PLI) and providing related after sales service, including collection of premiums.

• Retail services like bill/tax/fine collection/payment services of the Department

• And several other services

Eligibility for India Post Franchise

The criteria for the selection has been fixed by the department  

• Any person who wants to work as an agent must be at least 18 years old.

• They must be a citizen of India.

• They must have completed the eighth standard or above in a recognized school.

• Postal pensioners and anyone with knowledge of computers are preferred.

• Candidates with a family member employed by the postal service are ineligible to apply for a franchise.

• Small business owners, utility stores, and stationery stores in cities and towns can also participate as agents in addition to individuals.

• Eligible persons and companies can set up postal services in colleges, polytechnics, universities, and even private colleges.

• After receiving the application, the concerned Divisional Head shall decide based on a report from the ASP(Assistant Superintendent of Posts). 

• The deposit of ?5000 is required to be made.

• The average investment for infrastructure establishments and other facilities will be around Rs.1 to 1.5 Lakhs. The minimum revenue generation has to be Rs.50000 per month that will be reviewed by the department on every biannual basis.

The selected franchise has to sign a Memorandum of Agreement (MOA) with the Department. Training is given on the introduction to the objectives, products/services, basic procedures, upkeep of the premises and customer care etc. On becoming the postal department franchise partner, the applicant will start earning remuneration/commission from the department on sale of the services and products that are sold. Maybe everyone can not get a government job but can work with the government by investing in such schemes. With a small initial investment, one can start an Indian Post Office franchise and earn a respectable income of about 20,000 to 50,000 from the various commissions.

Tags

• post office franchise 2023
• indian postal service

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