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Franchised Out Lets. Franchised Out Lets- Background. Literally meaning of the word is ‘license to do something’ Department is already having such schemes like LSV (Licensed Stamp Vendors) LPA (Licensed Postal Agents) PSSK (Panchayat Sanchar Sewa Kendras). Franchised Out Lets-Background.
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Franchised Out Lets- Background • Literally meaning of the word is ‘license to do something’ • Department is already having such schemes like • LSV (Licensed Stamp Vendors) • LPA (Licensed Postal Agents) • PSSK (Panchayat Sanchar Sewa Kendras)
Franchised Out Lets-Background • Is a contractual license granted by Department (franchisor) to another (franchisee) to do postal work on Departmental brand
Franchised Out Lets- Basic features • Only counter services • Linking arrangements to be provided by franchisee • Services for a minimum defined time - may be extended round the clock
Franchised Out Lets- Basic features • Services offered are • Sale of stamps and stationery • Booking RL,SP,MO, e-post etc • PLI • BD products • Retail product • Any other service
Franchised Out Lets- Basic features • Implementation • Initial phase urban only • Metros • Satellite towns • Areas- justified PO on dist.& population norms
Franchised Out Lets- Basic features • Viability • Assessed by field units • Adequate returns to franchisee • Expected minimum revenue depend upon services, location, potential revenue • Cost likely to be incurred by Department in providing support facilities
Franchised Out Lets- Basic features • Criteria for Selection • Only individuals - age above 18 years, no upper limit • Education- 10 + 2 standard or 12th class pass • Preference: • Postal pensioners • Those able to provide computer facilities
Franchised Out Lets- Basic features • Criteria for Selection… • Premises: appropriate location with suitable display of approved sign-board • Should be ready to make necessary investments • Character certificates from two respectable persons of locality
Franchised Out Lets- Basic features • Criteria for Selection… • Security • Minimum- Rs.10,000/ bank guarantee • Maximum- depending upon transaction likely be undertaken in a day • Selection • Done by a committee comprising SP, Neighboring SP based on report IP/ASP
Franchised Out Lets- Controlling • Training by IP • Monthly monitoring by IP
Franchised Out Lets- Operating procedure • Stamps & stationery and MO forms purchased by Agent personally at LPO on cash payment after deducting 5% commission
Franchised Out Lets- Operating procedure • RLs/SP/MO to be booked in receipt book (FO-6) in triplicate • 1st copy to Customer • 2nd copy to LPO • 3rd copy Office copy retained in receipt book
Franchised Out Lets- Operating procedure • Dispatch of articles booked invoiced in respective lists to LPO • RLs- FO-2 • SP- FO-3 • MO- FO-4 • CQs- FO-5
Franchised Out Lets- Operating procedure • Daily report sent to LPO in FO-1 in duplicate, carbon copy retained in Franchised Out let • Net cash collected after deducting eligible commission remitted to LPO personally or authorized person
Franchised Out Lets- Operating procedure • Name stamp; MODEL F.O.No.570010-01-05
Franchised Out Lets- Operating procedure • Date stamp; Model F.O.No. 570010-01-05 ITTIGEGUD LPO