How to start your own business? Stop looking anywhere else, here is India Post Franchise Scheme

If you are planning to start your own business and are looking for avenues, this may be of interest to you as a money-making opportunity. India Post, under the Ministry of Communications offers franchise scheme to fulfil its Universal Service Obligation of providing the basic postal facilities throughout the country.  

As per the information available on the India Post Office, India has the largest postal network in the world, with over 1.55 lakh post offices, including 89 per cent in the rural areas. However, 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, the website says. 

To meet this demand India post had introduced the franchise scheme through which the counter services are to be franchised, while delivery and transmission will be continued through the Department. The franchisee will provide service across the counter for a minimum defined time schedule with flexibility to work round the clock. 

What can be offered by Franchise outlet? 

•  Sale of stamps and stationery. 

• Booking registered articles, speed post articles, money orders. 

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

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

• Facilitating the provision of e-governance and citizen centric services. 

• Any other service introduced by the Department in future through its outlets. 

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How to Become a Franchisee? 

Applicants for franchises are required to submit an application in a prescribed format. You can find the prescribed format in the link mentioned below. The selected franchisee will sign a Memorandum of Agreement with the Department, the website says. 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.