You can earn 60 thousand rupees every month by taking franchise of bank ATM.
For this, you have to apply to the companies that install the ATM.
To install a bank ATM, you have to fulfill certain requirements.
New Delhi. If you have land in the market or any such place where people can easily reach, then you can earn 60-70 rupees every month by taking franchise of bank’s ATM. You don’t even need to go anywhere for this. All you have to do is apply online to the bank or its respective ATM company.
We will explain you with the example of SBI ATM, how you can earn big every month through an ATM machine. Tata Indicash does the work of installing SBI ATMs. You have to apply to them. For this you can visit their official website. Let us tell you that the contract to install ATM in India is with Tata Indicash, Muthoot ATM and India One ATM only.
Requirements for ATM Franchisee
You should have 50-80 feet square space to install SBI ATM. It should be 100 meters away from any other ATM. It should be such a place where people can easily see the ATM. Apart from this, the power supply was 24 hours. Electricity connection should be of 1 kW. The ceiling where the ATM will be installed should be of concrete. If it is in any society, then non-objection certificate of the society is required to install the machine.
cost and income
To set up an SBI ATM, you have to deposit a security deposit of Rs 2 lakh with Tata Injicash. It is refundable. Apart from this, 3 lakh rupees will have to be deposited as working capital. Overall you will have to invest Rs 5 lakh. After installation of ATM, you will get Rs.8 on every cash transaction and Rs.2 on non-cash transaction.
How to apply for ATM Franchise
Some companies give the franchise of SBI ATM. You can apply online by visiting their official website. Let us tell you that the companies that install ATMs are different. Tata Indicash, Muthoot ATM and India One ATM have the contract to install ATMs mainly in India. For this, you can apply for your ATM by logging in online on the websites of all these companies.
Tata Indicash – www.indicash.co.in
Muthoot ATM – www.muthootatm.com/suggest atm.html
India One ATM – india1atm.in/rent your space
FIRST PUBLISHED : July 31, 2022, 13:52 IST