by small business ideas, earn money, business news, banking financial,
Posted on 28-01-2022 by Admin
If you want to earn good money sitting at home, then today we are going to tell you such a business idea, which you can start and earn good profit sitting at home. Actually the business idea we are talking about is that of State Bank of India ATM Franchisee.
Process of taking ATM Franchisee Earning 60 thousand rupees every month from the business of SBI ATM Franchisee Business Ideas
You should have 50-80 square feet of space with a distance of more than 100 meters from other ATM counters.
There should be a ground floor space for the franchise, which is visible to all.
It should have 1 kW electricity connection with 24X7 power supply.
The local administration will have to issue a no-objection certificate to install an ATM machine.
Address Proof (Ration Card, Electricity Bill)
ID Proof (Aadhar Card, Pan Card, Voter Card)
Bank account and passbook
Photo
E mail ID
phone number
gst number
financial documents
Tata Indicash (http://www.indicash.co.in/)
Muthoot ATM (http://www.muthootatm.com/suggest-atm.htm)
India One ATM (https://india1payments.in/rent-your-space/)
If we talk about earning from ATM Franchisee, then Rs 8 is available on every cash transaction and Rs 2 on non-cash transaction. For example, if 250 transactions are done daily through your ATM, of which 65 percent are cash transactions and 35 percent are non-cash transactions, then the monthly income will be close to 45 thousand rupees. At the same time, a commission of about 88-90 thousand can be received for doing 500 transactions daily.