Friends, how are you? Today we have brought you such a business idea, which can give you good income, that too from your village or town. If you are also thinking of starting your own business, but want less risk and reliable income, then this idea can be a golden opportunity for you. We are talking about SBI ATM Franchise, which can give you an income of up to ₹ 70,000 every month by investing ₹ 5 lakh.

Nowadays everyone is looking for such a business, in which the risk is low and the source of income is also stable. If you also want to start your own business, then the business model of SBI ATM franchise can be best for you. Let us now know about this business model in detail.

What is SBI ATM Franchise Business

Friends, you must have seen SBI ATMs many times in your village, city or small town. But do you know that SBI does not install its own ATM? Yes, SBI hires authorized companies to operate its ATMs, which have a license to install ATMs. These companies like Tata Indicash, Muthoot ATM and India One ATM work on the SBI ATM franchise model. If you join these companies and take SBI ATM franchise, then it can become a good source of income for you.

How can you earn ₹ 70,000 every month from SBI ATM franchise

Now friends, a question must be coming in your mind that if you invest ₹ 5 lakh, then how will you earn up to ₹ 70,000 every month from it? Come, let us tell you about this too.

Whenever a customer withdraws money from your ATM, you get a commission of ₹ 8 to ₹ 15 per transaction. If your ATM is in a good location, then there can be 200 to 300 transactions in a day. In this way, you can earn ₹60,000 to ₹70,000 every month.

Apart from this, in some cases, banks also pay rent for their ATMs. If your ATM is at a place where there is good traffic, then you can also get rent. In this way, you can earn good money every month.

Conditions to start SBI ATM franchise

Friends, some important conditions have to be fulfilled to get SBI ATM franchise. It is important to understand these conditions, as they will help in the success of your business.

Selection of location

The first thing that is required for SBI ATM franchise is the selection of the right location. You should have a space of 50 to 80 square feet, which should be in the market, bus stand, railway station or busy residential areas. Location is very important as it ensures traffic to your ATM. You need a place where people come and go and where there is no other ATM within a radius of 100 meters.

Electricity and Internet

To run SBI ATM, you need 24-hour electricity availability and a power backup of 1 kW. Apart from this, there should also be a good and fast internet connection so that transactions can be done easily.

Security and infrastructure

Your ATM will also be responsible for security. You have to arrange CCTV cameras and security guards around your ATM. Apart from this, the roof of the building should also be strong, which should be made of brick or concrete. All these security measures will keep your ATM safe and also give confidence to the customers.

Documents and Permission

If your location is on rent, then you have to get NOC (No Objection Certificate) from the property owner. Apart from this, you have to submit documents like your Aadhar card, PAN card, business registration and bank statement. These documents will help in accepting your franchise application.

How to apply for SBI ATM franchise?

Friends, if you also want to get SBI ATM franchise, then for this you have to visit the website of authorized companies. The application process is completely online. You should only visit the certified website, because nowadays many fake websites and agents are cheating people.

You have to contact companies like Tata Indicash, Muthoot ATM and India One ATM. By visiting the website of these companies, you can fill the application form and upload the necessary documents.

Avoid fraud – be alert

Friends, nowadays many people are being cheated in the name of ATM franchise. Therefore, you should always apply from the official website of authorized companies. Never give money to an unknown person, as it may be a fraud.

Why is SBI ATM Franchise a good business option for villages?

Friends, in today’s time, the demand for ATMs has increased a lot in small towns and villages. People want to withdraw money from ATMs near them, so that they do not have to go far. If you set up an SBI ATM franchise in your village, then it can not only be a good business for you, but you can also help the people of your village.

With SBI ATM franchise, you can create a reliable and stable source of income in your village, and this business can also be profitable for a long period.

So friends, if you are looking for a business that has low investment and good income, then SBI ATM franchise can be a great option for you. By investing ₹5 lakh, you can set up an SBI ATM franchise in your village and earn up to ₹70,000 per month.

This business model is low-risk, and if you choose the right location and fulfill all the conditions properly, you can increase your financial stability. So, what are you waiting for? Apply for SBI ATM franchise and secure your financial future.

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