We Are Provide Information About How To Earn Money By SBI ATM Franchise. SBI ATM Franchise: You can earn Rs 70,000 per month by getting SBI ATM Franchise.
SBI ATM Franchise business
: You can earn a huge amount by getting the State Bank of India’s ATM (SBI ATM) franchise.
If you are looking for a good business to make money, then SBI ATM Franchise is a great business with good profit for you. You can get an SBI franchise and earn more than Rs 70,000 per month through ATMs. How can this trade? Find out in this special article. The work of different companies is assigned by the bank to start ATMs. These companies are contracted to install ATMs in different places. There are some conditions for SBI’s ATM franchise.
You need to have 50-80 square feet of space for an ATM. Space must be 100 meters away from the other ATM. This space should be on the ground floor and well visible. This space should have a 24-hour power supply. In addition, there should be a 1-kilowatt power connection. The location of this ATM should be such that at least 300 transactions can be done daily. Concrete roofs are inevitable in ATMs. A no-objection certificate from the society or authority is required to install the V-set.
Document Reqiwir of ATM Franchise business
ID proof is required to avail the franchise of SBI ATM. In which Aadhaar Card, Pan Card, Voter Card can run. In addition, proof of address, ration card, electricity bill, bank account, passbook, photograph, e-mail ID, phone number, GST number, financial documents are required.
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To apply for SBI’s ATM, you need to go to the website of the franchisee company and apply. ATM startup companies are different but most of the work in India is with Tata Indicash, Muthoot ATM, India One ATM. In addition you can log in online to the website of all the companies and you can apply.
The address of this website is as follows. Tata Indicash – www.indicash.co.in Muthoot ATM – www.muthootatm.com/suggest-atm.html India One ATM – india1atm.in/rent-your-space Tata Indicash is the oldest of the companies and this company has a security deposit of Rs. 2 lakh and gives franchises that are refundable. In addition, Rs 3 lakh is given as working capital. Thus the total investment is Rs. 5 lakhs.
The per-transaction from SBI’s ATM franchise is Rs 8 and the per-cash transaction is Rs 2. The return on investment in a year is up to Rs 33-50 percent. For example, if you make 250 transactions a day from your ATM, you will get at least Rs 45,000 at 35% of it, while if you do 500 transactions a day, you will get Rs 90,000 and if you do 300 transactions, you can get more than Rs 70,000.
Important Note: You Can Invest Your Money In Your Own Risk