Country / Earn Rs 60000 a month through SBI ATM Franchisee know where to apply

If you also want to do your own business in low cost, then State Bank of India (SBI) is giving you a chance to earn. The country's largest public sector bank is giving you the opportunity to earn from home. Let us know how to start your business to earn thousands of rupees. Through SBI's new business idea, you can easily earn up to Rs 60,000 a month sitting at home.

Vikrant Shekhawat : Sep 26, 2021, 09:08 AM
If you also want to do your own business in low cost, then State Bank of India (SBI) is giving you a chance to earn. The country's largest public sector bank is giving you an opportunity to earn from home. Let us know how to start your business to earn thousands of rupees. Through SBI's new business idea, you can easily earn up to Rs 60,000 a month sitting at home.

You can earn thousands from ATM Franchisee

You can earn money through SBI ATM Franchise. SBI ATMs are installed by different companies instead of banks. The bank gives the contract to install ATMs to other companies. These companies get ATMs installed on their own. Let us know what you will need for SBI ATM.

1- To take the franchise of SBI ATM, you should have 50-80 square feet of space.

2- Its distance from other ATMs of SBI Bank should be 100 meters.

3- This place should be on the ground floor and should be a place with good visibility.

4- There should be 24 hours power supply and there should be 1 kW electricity connection.

5- There should be 300 transactions per day, that is, there should be such a residential or commercial area that 300 transactions can be done.

6- The roof of the ATM should be of concrete.

7- No objection certificate will be required from the society or authority.

Must have these documents..

  •  For ID proof, you must have Aadhaar Card, Pan Card and Voter Card.
  • You can give ration card and electricity bill as address proof.
  •  You should have an account and passbook with the bank.
  • A photograph, e-mail id and phone number will be required.
  • How To Apply For SBI ATM Franchise
For the franchise of ATM, you have to apply online on the official website of the companies. Tata Indicash, Muthoot ATM and India One ATM have contracts to install ATMs in the country. You can apply by visiting their website.

In these companies, Tata Indicash gives franchisees on a security deposit of Rs 2 lakh, which is returned later. Apart from this, Rs 3 lakh will have to be deposited as working capital. A total investment of Rs 5 lakh has to be made. As earning, you get Rs.8 on every transaction and Rs.2 on non-cash transaction. You will get an ROI of 33 to 50 percent annually. You will be able to earn up to 60 thousand rupees in a month.