It is generally seen that people do jobs or do their business to earn their livelihood. But apart from this, there are many other jobs from which people earn good money. For example, by giving the house on rent, etc. But amidst all this, you can take an ATM franchise and earn a good amount of money from it every month. Yes, it can happen. For this, you can take the franchise of ATM of State Bank of India i.e. SBI. There is no investment of any kind in this and good income is earned every month. So let's know about this ATM franchise. You can learn about this in the next slides...
These things have to be kept in mind while taking an ATM franchise:-
You should have 50-80 square feet of space and the distance should be 100 meters from any ATM.
This place should be on the ground floor
There should be 24 24-hour power supply. It is mandatory to have an electricity connection of 1 kilowatt.
This ATM should have a capacity of about 300 transactions per day.
You need these documents:-
ID Proof like – Aadhaar Card, PAN Card, Voter Card
As address proof- Ration card, Electricity bill
Bank Account and Passbook
Photograph, E-mail ID, Phone No.
GST number
Financial Documents.
Method of application in ATM Franchise:-
Here you should know that the ATM of any bank is not installed by the bank, rather there is a separate company for this.
The bank gives contracts to these companies and then these companies install ATMs at various places as per the need.
Major contracts for installing ATMs in India are with India One ATM, Tata Indica, and Muthoot ATM.
You can apply from here by visiting these websites.
For more information visit their official website:-
India One ATM – india1atm.in/rent-your-space
Tata Indicash – www.indicash.co.in
Muthoot ATM – www.muthootatm.com/suggest-atm.html
(PC: iStock)
