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In the last few years, a large number of people have lost their jobs due to the Corona epidemic in the country. In such a situation, if you want to start your own business instead of doing a job, then the State Bank of India i.e. SBI has brought a great option for you. You can earn Rs 80 to 90 thousand every month by working with SBI. The most important thing about this business is that there is negligible risk in it. This is the business of the ATM franchise of the State Bank of India.

Nowadays, people have started using ATMs more to withdraw cash instead of going to the bank. In such a situation, the bank needs space as well as the company to install the ATM. Please note that the bank does not install ATMs on its own. For this work, one tries to get an ATM franchise from the company. So let us tell you about those ways by which you can earn Rs 80 to 90 thousand every month sitting at home by opening an ATM franchise with the help of the State Bank of India. The special thing is that you can do this business along with any other work or business.

These documents are required to open an SBI ATM franchise-

     To open a franchise, you will need an Aadhar Card, PAN Card, Ration Card, Voter ID Card, and Passport as ID proof.

     Along with this, you will also need a photocopy of the bank passbook.

     Passport size photo, email ID, and mobile number of the person opening the SBI ATM franchise will be required.

     GST number will be required.

     Apart from this, you will also need NOC and some other financial documents.

To take an SBI ATM franchise, you will have to fulfill these conditions-

      To take the ATM franchise of any bank, you will first need 50-80 sq ft of land to install the ATM.

     According to bank rules, the distance from any one bank's ATM to another should be at least 100 meters.

      ATM can be installed on the ground floor only. This rule has been made for old and disabled people.

      It is important to have provision for good visibility at the place where the ATM is installed.

      ATM should have the capacity to withdraw money at least 300 to 400 times.

      There should be provision for a 24-hour power supply at the place where the ATM is installed.

     Where the ATM is installed, it is mandatory to have a strong concrete roof so that no one can enter inside the ATM through that roof.

     It is mandatory to obtain NOC from the people, society, or authorized authority of the place where you are getting the ATM installed.

Apply for an SBI ATM franchise in this way-

If you want to take the SBI ATM franchise then apply online for it on the official website of SBI. At present, the contract for installing ATMs is with three companies. These are Muthoot ATM, Tata Indica and India One ATM. Along with applying on the official website of SBI, you can apply for the SBI ATM franchise with the help of these companies. These websites are www.muthootatm.com/suggest-atm.html, www.indicash.co.in and india1atm.in/rent-your-space.

You will earn this much every month-

You apply by visiting the websites given above. After this, the company will check your application. After the application is approved, you will have to make a security deposit of Rs 2 lakh. Keep in mind that this money is refundable. Along with this, you will have to deposit three lakh rupees as working capital. After investing Rs 5 lakh, you will easily be able to earn up to Rs 80 thousand every month. Every time you withdraw cash, you get Rs 8 and every time you check the balance, you get Rs 2. In such a situation, if there are more than 500 transactions every day, you can earn Rs 80 to 90 thousand every month.

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