SBI ATM franchise: To increase the number of its ATMs in the country, it is contacting people directly. Bank is opening ATM by giving franchisee. People are also getting good profits from this.
State Bank of India is the largest government bank in the country. Which also has many branches and ATMs in the country. But still the number of ATMs is not as much as it should be. That means many ATMs can be opened now.
State Bank of India is directly contacting people to increase the number of ATMs in the country. The bank is opening ATMs by giving franchisees to people (SBI ATM franchise). People are also getting good profits from this. If you also want to set up a franchise of State Bank of India ATM, then you have to follow the procedure mentioned below.
Will have to contact the companies setting up bank ATMs
- You will have to contact the three companies that set up most SBI ATMs.
- Must comply with these conditions
- First of all, you have to choose a place where there is more movement of people.
- You should have such a place of 50 to 80 square meters. In which ATM can be installed.
- There should not be another ATM within 100 meters of your chosen location.
- You have to take 1 KW electricity connection.
- The roof where the ATM will be installed should be strong.
- NOC will have to be taken from some important institutions and your society or locality.
How to earn
You must have at least five lakh rupees to take the franchisee of ATM. Out of which Rs 2 lakh security deposit and Rs 3 lakh working capital will be required. Talking about earning, you will get Rs 8 for every cash transaction done at the ATM and Rs 2 for non-cash transactions like checking balance, extracting mini statement.
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