People often avoid doing business because setting up a business is very challenging and requires a lot of investment. However, there is a way to earn 60,000 to 70,000 rupees per month, which involves a little one-time hard work and a refundable investment of about 5 lakh rupees (Small Business Idea). Actually, you can take ATM Franchise.
How to take ATM franchiseTo take ATM Franchise, you have to give an application from the official website of the company which has its contract. For example, if you want to get SBI’s ATM franchise, then you have to apply for it from the official website of India One ATM or Tata Indicash or Muthoot ATM as these Most banks have contracts like SBI and HDFC, ICICI, PNB and many more.ATM Franchisee: Conditions for setting up an ATM cabin
Applicant should have 50 to 80 feet space
It should be at least 100 meters away from other ATMs.
ATM cabin should be placed at a place which is accessible to people
An electricity connection of at least one kilowatt should be available at all times.
The cabin should be a permanent building with a concrete roof.
How to apply for ATM Franchise?
Aadhaar Card, PAN Card, Voter Card
Ration Card, Electricity Bill
Bank Account and Passbook
Photograph, E-mail ID, Phone No.
GST number
Financial documents required by the company
How to invest in SBI ATM Franchise?
Applicants will have to deposit a security amount of Rs 2 lakh and working capital of Rs 3 lakh to get approval for setting up an ATM cabin. The total investment is around Rs.5 lakh. It is different for every bank. For every cash transaction, you will get Rs.8 and for every non-cash transaction, you will get Rs.2. This earning will start only after the ATM becomes operational and functional.
Note: Beware of fraudulent websites offering ATM Franchise. Go to the official website only
