SBI ATM: Golden opportunity to earn, invest 5 lakhs and earn 70000 rupees every month sitting at home without any hard work!

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Doing business is not an easy task. It requires a lot of time and effort. However, what if you only have to work hard once and earn Rs 60,000-70,000 per month by investing a small amount of around Rs 5 lakh refundable? If you are wondering what type of business this is, let us be clear that we are talking about SBI ATM Franchise.

Explain that the businesses that install ATMs are contractors whom these banks hire, and they later complete the ATM installations at various locations.

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State Bank of India has tied up with Tata Indicash, Muthoot ATM, and India One ATM to set up ATMs in India. If you wish to apply for SBI ATM Franchise, you will have to do so through the official websites of the companies. Be alert and submit the application only through the official website of the company as many frauds are also done by misleading the consumers under the guise of ATM Franchisee.

Conditions to Apply for SBI ATM Franchise

You must have an area of ​​50 to 80 square feet to set up an ATM cabin. It should be at least 100 meters away from other ATMs and should be placed in a place where people can easily see it. Electricity must be available continuously, and at least a 1kW power connection is also required. The cabin must be a permanent building with a concrete roof and masonry walls. If you reside in a society for setting up V-SAT then you have to obtain a No Objection Certificate from the society or the authorities.

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Documents required for SBI

Aadhar Card, PAN Card, Voter Card,

Ration Card, Electricity Bill,

Bank Account and Pass Book

Photo, E-mail ID, Phone No.

GST Number

Financial Documents Required by the Company

SBI ATM Franchise Revenue

To be approved for SBI ATM Franchise you need to provide a security deposit of Rs 2 lakh and working capital of Rs 3 lakh. This investment varies from company to company and is Rs 5 lakh. You will get Rs 8 for every cash transaction and Rs 2 for non-cash transactions like balance checks and fund transfers once the ATM is installed and users start using it.