SBI Bank offers a new business opportunity through ATM franchise
State Bank of India (SBI) is offering a chance for people to earn money by giving SBI ATM Franchise Business. This low-cost investment can earn you around ₹45,000 to ₹90,000 per month, but you need to meet certain terms and conditions.
Terms and conditions for SBI ATM Franchise
To apply for an SBI ATM franchise, you need to have a commercial space of 50 to 80 square feet for the ATM. Also, there should not be any other bank’s ATM within 100 meters from your ATM location. You must guarantee at least 300 or more transactions daily, and have a strong concrete roof for ATM security. Obtaining NOC or No Objection Certificate from the authorities or society is mandatory for ATM V-SAT installation.
KYC documents required for applying
To take an SBI ATM franchise, you need to complete mandatory KYC verification. Documents such as PAN, Aadhaar or Voter Card for ID proof, electricity bill, ration card and bank passbook as address proof, 4 passport size photographs, valid email ID, registered phone number, GST registration and GST number are required. Moreover, financial documents like balance sheet, profit and loss account for the last 3 years are also needed.
How to apply for ATM Franchise?
You can apply for the SBI ATM franchise offer online on the official website of the bank. SBI ATM installation requests are done by SBI appointed companies such as Tata Indicash, India One, and Muthoot. After applying, you will be contacted by the SBI ATM franchise team and you will have to fill an application form to SBI.
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Sorted points by DelhiBreakings.com team.
👉 SBI Bank is giving a chance to start a business and earn 90,000 rupees every month.
👉 SBI ATM franchise is a good business giving regular income.
👉 SBI is giving a big opportunity to earn through ATM.
👉 Investment required for SBI ATM franchise is around ₹ 5 lakh.
👉 SBI offers ₹ 8 per transaction in cash and ₹ 2 per non-cash transaction.
👉 Terms and conditions need to be followed for SBI ATM franchise.
👉 KYC documents required for SBI ATM franchise include PAN, Aadhaar or Voter Card, electricity bill, ration card, bank passbook, and financial documents.
👉 Applying for SBI ATM franchise offer can be done online at the official website of the bank.
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