Top News

State Bank of India: If you also want to earn extra income from home or work from home, then this news is for you. Yes, this offer is given from time to time by the country's largest government bank SBI, and other banks of the country. On the basis of this business idea, you can earn Rs 60 thousand or more every month. The special thing about this is that it is a safe method.

What will need to be done?
In this business idea, you will have to take an ATM franchise from the State Bank of India (SBI) or any other nationalized bank. And then your earnings will start. Let us tell you that the ATM of any bank is not installed by the bank, there is a separate company for this. The bank gives its contract to that company. At the same time, she works to install ATMs at various places.

Conditions for taking SBI ATM franchise-
1. To take an ATM franchise, you should have 50-80 square feet of space.

2. Its distance from other ATMs should be at least 100 meters.

3. Keep in mind that this space should be on the ground floor and have good visibility.

4. There should be a 24-hour power supply here. Apart from this, an electricity connection of 1 kilowatt is also necessary.

5. This ATM should have a capacity of around 300 transactions per day.

6. The ATM location should have a concrete roof.

7. To install V-SAT, a no objection certificate is required from the society or authority.

Documents required for ATM franchise-
1. ID Proof – Aadhaar Card, PAN card, Voter Card

2. Address Proof – Ration Card, Electricity Bill

3. Bank account and passbook

4. Photograph, E-mail ID, Phone Number

5. Other documents

6. GST Number

7. Financial Documents

How to apply-
If you want to get an ATM franchise from any bank, then you can apply online by visiting the official website of the ATM installing companies. Tata Indicash, Muthoot ATM, and India One ATM have a contract to install ATMs in the country. For this, you can apply for ATM by logging online on the websites of all these companies.

Official website-
Tata Indicash – www.indicash.co.in
Muthoot ATM – www.muthootatm.com/suggest-atm.html
India One ATM – india1atm.in/rent-your-space

How much will be the earnings?
Tata Indicash is the largest and oldest company. The company gives the franchise on a security deposit of Rs 2 lakh, which is refundable. Apart from this, you will have to deposit Rs 3 lakh as working capital. In this way, you will have to invest Rs 5 lakh. Talking about earnings, you get Rs 8 on every cash transaction and Rs 2 on non-cash transactions. If you make 250 transactions daily from your ATM, you can earn up to Rs 60,000 every month.

Follow our Whatsapp Channel for latest update

https://whatsapp.com/channel/0029VaBgLMfGU3BO99EQv62t