SBI ATM Franchisee: Invest 5 lakhs once, 70000 will be guaranteed every month, know full details
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SBI ATM Franchise: Doing business is not easy as it requires both time and effort. But if someone tells you that with an investment of Rs 5 lakh, you can earn 60 to 70 thousand rupees every month.
You hardly want to miss such an opportunity. After reading this, you must also be thinking that where to invest the money, then let us tell you that we are talking about SBI ATM franchise.
ATM installation work is done on contract
You must be thinking that only banks install ATMs. But it is not so, in fact the work of installing ATMs on the contract of the bank has been completed. Only the contractors of the bank get this work done at different places. State Bank of India has tied up with Tata Indicash, Muthoot ATM and India One ATM for setting up ATMs.
Apply through official website
If you also want to apply for SBI ATM Franchise then you have to visit the official website of the above mentioned companies. It is necessary to be cautious in this work, you should submit any application only through the official website because many cases of fraud have come to the fore in this work.
Application conditions for SBI ATM franchise
You should have 50 to 80 square feet of space for the ATM cabin. Also it should be at a distance of about 100 meters from another ATM. Also, this place should be in such a place from where people can see it easily. There should be proper arrangement of lights and one kilowatt electricity connection is also necessary. The cabin must have a concrete roof and cement walls. If your place is in any society or under any authority, then you will have to take NOC from there.
required documents
Aadhaar, PAN Card and Voter ID
ration card, electricity bill
Bank Account & Pass Book
Photograph, E-mail ID and Phone Number
GST number
Financial documents sought by the company
Earning from ATM Franchise
To start an ATM franchise, you need to deposit a security amount of Rs 2 lakh and need a working capital of Rs 3 lakh. After making this investment, the bank will give you Rs. 8 and for every non-cash transaction like balance check and fund transfer etc. Rs. Will earn 2.
(pc rights of employees)
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