Top 10 ATM Installation Companies in India, Rent Your Space for ATM Installation: If you want to Rent Your Space for ATM Installation, then you must read this blog post ahead. In today’s article, we will explain to you the procedure to Rent Your Space for ATM Machine Installation and other details. Thus, if you have sufficient space for an ATM machine to be built or installed. Then you may think of renting it to different banks government or private. And you can earn good monthly money from the rent of ATM installation. So, overall it is a very profitable business for someone who has a vacant space to rent for an ATM installation. Therefore, stay tuned with us and get complete information related to the Top 10 ATM Installation Companies in India.
Rent Your Space for ATM Installation
As you all know, nowadays everything is done online and very few people visit banks to take out cash. With the introduction of cashless transactions in the country, nobody carries cash. But in case you need cash only then it is very difficult for you to find money in cash. You will need to visit a bank and stand in a queue and fill out a form to take out your money. Thus, it will take a lot of time and a struggle to fill out a form and other details. So, the best option to take out some cash is from the ATM. The demand for Automated Teller Machines (ATMs) in metropolitan centers is rising as a result of a growing population. If you possess a commercial property, renting it to banks is a simple way to earn good money.
See the easy and secure guide to Rent Your Space for ATM Installation and its process. Commercial property leasing to financial institutions for ATM installation has emerged as the newest real estate fad, and it is quickly taking on in places like Hyderabad, Bangalore, and Chennai, among others. As a result, it is crucial to lease out your property in a way that ensures it receives consistent rentals in order to recover the money you invested. Currently, the majority of commercial property owners choose to rent their properties out to banks because it is a hassle-free choice.
ATM Installation Expense & Profit
According to the location, space, and quantity of ATMs placed, monthly fees and a security deposit that could range from Rs 2 lakh to Rs 3 lakh are required when leasing out your premises for ATM installation. At the end of the leasing arrangement, the deposit is refunded. Zakir Hussain, a property agent with Topend Realty, explains that there would not be any monthly rent in an ATM franchise system, and you will have to pay for site maintenance, which might cost between “Rs 25,000 and Rs 30,000”.
With white-label ATMs, NBFCs that put up the device might make a minimum of “Rs 15,000 to Rs 25,000”. There will not be any monthly rental money if choosing a franchise ATM system, though. The number of daily transactions will determine how much money is made. Franchise ATM providers receive Rs 15 for each cash withdrawal and Rs 5 for each non-financial transaction. For instance, the total money received is Rs 2,500 if there are 200 transactions per day, including 150 withdrawals and 50 non-financial activities. When all costs are taken into account, the landowner can earn a profit of at least “Rs 50,000 to Rs 60,000” each month.
Requirements for Renting an ATM Installation
For Rural Areas:
| SPACE REQUIRED | 50 TO 80 SQ FT |
| MINIMUM AGREEMENT PERIOD | 5 years |
| PROCESSING FEES | 16,500 |
| TRANSACTION COMMISSION | 0.5% |
| MINIMUM RENT PER MONTH | Rs – 8,000 |
| JOB FOR 1 PERSON AS A SECURITY GUARD | Salary Rs. 9,ooo per month |
For Urban/Semi-Urban Areas:
| SPACE REQUIRED | 50 TO 80 SQ FIT |
| MINIMUM AGREEMENT PERIOD | 5 Years |
| PROCESSING FEES | Rs. 18,500 |
| TRANSACTION COMMISSION | 0.5% |
| MINIMUM RENT PER MONTH | Rs. 14,000 |
| JOB FOR 1 PERSON AS A SECURITY GUARD | Salary Rs. 12,000 per month |
Top 10 ATM Installation Companies in India
Here check the ATM Installation Company that are looking for Rent Your Space for ATM:-
- Hitachi ATM Franchise
- Union Bank ATM Space for Rent
- Kotak Mahindra Bank ATM Spcae for Rent
- Bandhan Bank ATM Space for Rent
- HDFC Bank ATM Space for Rent Contact Number
- Bank of Baroda ATM Franchise
- PNB ATM Franchise
- SBI Bank ATM Space for Rent
- ICICI Bank ATM Space for Rent Franchise
- Axis Bank ATM Space for Rent Online
ATM Leasing Models Categories
Three different models of ATM leasing exist Brown-Label, White-Label, and Franchise ATM.
- White-Label ATM:- None of the banks own White Label ATMs. They belong to the NBFCs. In 2011, the Reserve Bank of India (RBI) approved the opening of white-label ATMs by non-banking firms incorporated in India under the Companies Act. With a sponsor bank and a network provider, these non-banking organizations sign a “Service Level Agreement”. This guarantees cash flow in the ATMs. These ATMs are open to users from any and every bank. Though there is a cost for the service offered by these ATMs.
- Brown-Label ATM:- Brown Label ATM is built on the idea of splitting the cost or contracting out the ATM operations to a different company. Although the sponsor bank provides cash management and network connectivity, the service provider owns the ATM hardware. The sponsor bank’s logo is shown on the ATM machine. For banks, it is a practical and affordable option.
- Franchise ATM:- Getting an ATM franchise is another option to put your commercial space to use. In collaboration with Franchise India, Tata Communications Payment Solutions Ltd. (TCPSL) introduced this approach. Nonetheless, locations with great visibility and foot traffic are desirable in the case of Franchise ATMs.
Procedure to Rent Space for ATM Installation
To rent space for setting up an ATM machine in India, you would need to follow these general procedures:
- Contact banks or ATM service providers:- You can approach banks or ATM service providers like SBI, HDFC, ICICI, Axis Bank, etc. to know about the process of renting a space to set up an ATM.
- Identify a suitable location:- You should identify a location that is easily accessible to the public, has a good amount of foot traffic, and is safe and secure.
- Negotiate terms and conditions:- You will need to negotiate the terms and conditions of the lease agreement, including the rent amount, security deposit, lease duration, maintenance responsibilities, and any other relevant clauses.
- Obtain necessary approvals:- You may need to obtain various approvals from local authorities, such as municipal corporations or police, to install the ATM machine.
- Install the ATM machine:- Once you have finalized the lease agreement and obtained the necessary approvals, you can proceed to install the ATM machine and begin operations.
Important Note – These are the general guidelines, However, the most effective way is you can contact a local broker who deals with providing property on rent to banks and he will complete all the formalities from finding an interested bank to closing the deal. Alternatively, you can advertise in a local newspaper stating that you are interested in providing your space on rent to the bank for ATM installation.
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Contact with me I will give you all information about my location ….!
Mob no : ( 7380861788 )
Address : ward no . 4 bhatija road saidraja
district : chandauli
State : uttar pradesh
Contact with me I will give you all information about my location ….!
Mob no : ( 7030732***)
Address : ward no . 151 MIG DAYANAND VIHAR KALYANPUR KANPUR 208017
district : KANPUR
State : uttar pradesh
PLZ CONTACT ON 9927287926
ADD : SUMAN FASHION SAREE
43.SADAR BAZAR NEAR KALI MATA MANDIR
DISTT : MEERUT
WE HAVE SPACE IN MAIN MARKET SADAR BAZAR WHERE YOU CAN EXPLORE ALL JEWELLERS
AND CLOTH MERCHANTS
SO THE NUMBER OF TRANSACTIONS WOULD BE MORE THAN U THINK
THANK YOU
I am interested atm instolation .havey requirement atm my area.
Contact me 9725874777
Bhavesh Shah
Near shade and light studio bohra chawal
Opp rama complex
Abu road
Rajasthan 307026
GoodAfternoon
Dear sir/mam,
i have free area for HDFC ATM (Franchise) on banks requirement that i have 100+ SQ FT area for ATM
adrees located at kotda sangani..
Sight address and longitude and latitude given below
22.042984• N,
70.863959• E …
Address : AT KOTDA SANGANI
SHED ROAD HANUMAN STEER NEAR SBI BANK KOTDA SANGANI
TALUKA: KOTDA SANGANI DISTRICT : RAJKOT
Thanks and Regards
From
Anand Thakar
8238603***
My address in tale mohol dis solapur at post penur. Village penur contact nambar 7776955***
I owned a space about 70 sq.ft. at Andul Road, Alampur, P.O.- New Kolorah, Dist. Howrah, and want to open a ATM counter of your bank.
# We are having a plot in JAROULI 2,KANPUR.
# It is a corner plot.
#Having main road infront.
#There is no atm in the range of 150m.
CONTACT NUMBER: 9454747994
NAME: LALITA TIWARI
Good Morning 🙏🏼
Dear sir,
I have space availability for ATM
Size 13×13
Address: #5,Attur layout main road,
Opposite medplush, Yelahanka new town, Bengaluru 64
Dear sir,
I have good space available for ATM size 13×10
Address Shena nagar colony near Tagore vidhya nikaten Gopal Ganj Sagar M P .
NOTE : SIR IN THIS AREA THERE IS NO ATM UPTO 5 KM IN THIS AREA.
THERE IS NEED OF ATM OF ANY BANK
Vikash Chandel
Shop space for rent main market
Sunderpuri Ghaziabad Uttar Pradesh 201009
8595448***
Space available in. NHK road kalasipalyam bangalore 560002
Shop space 10×13
Main market in shop
Virar West palghar maharastra
Big city & only one atm in this area
7021532599
[email protected]
I have a commercial space for Atm
In kerala , Kollam district
I have interested any atm machine installed on my shop good location main road market delhi
I have interested any atm machine installed on my shop good location main road market Faridabad
9810102***
I have interested any atm machine installed on my shop very good location main road market kolkata contact me 983680***
Hi sir
I am Sagar A Kolhatkar
I want to Rent my Shop Space for ATM an machine, the location in market area locality very good & it’s Main Road belongings to the National Highway.
Please Contace Me at- 7972491***
Address- New Bina Ward No-1 Khaperkheda
Dist- Nagpur State- Maharashtra Pin Code- 441102
Mail- [email protected]
Please contact : R.H. Kalbande
2A, Khankhoje Nagar, Beside Maharashtra State co-op Bank, Manewada Road, nagpur.
My shop on road Tyagi market.. opposite Loni border police station Ghaziabad Uttar Pradesh PIN code 201102 .. no atm machine around 3,4 km so people are facing more problems for Money.. so I’m telling you my shop good for installing atm machine this location is main road Loni border market main road.. near bus depot, cinema hall , police station, and metro station but here is no atm machine.. very good location for atm so please contact me this my contact no ( 8588979254 )
Hi, If you want to take Franchise of Hitachi Money Spot ATM then please Whatsapp me on my no 9667252***. And you will not have to pay any commission for Hitachi’s Franchise. Only Hitachi Company has to give an SD. For more details whatsapp and call.
We have a commercial shop of 150 sq ft. We want to give it on rent to any Bank’s ATM. Location -Baghajatin , Kolkata
Contact 9123789***
Hi sir I am interested my land @building road site @crpf camp nearest
I am from Kannauj Uttar Pradesh near railway station
Here is need of bank and ATM i have sufficient space for bank/A.T.M.
please contact me
[email protected]
Iam interested to give my Shop to ATM, presently Shop is located in Kerala trivandrum district Thirumala post kunnapuzha road.pin code..695006
Shop space is 120 sqft
Contact number..8547308***
we have commercial shop of 220 sq feet .we want to give it rent to any Bank Atm Location Balaji Hills , Boduppal , Medchal Malkajgiri Hyderabad 500039 . contact 9849771075 or 6281833217
We have a commercial shop of 210 sq ft. We want to give it on rent to any Bank’s ATM. Location -chinniyampalayam , coimbatore,tamilnadu
Contact 9443059***
I have space for atm
I have shop for ATM ( rent )
135 sq feet
Ground floor
In centre of Haridwar city
PH 9897238148
I have interested any atm machine installed on my shop very good location main road market paras ram nagar bathinda punjab contact me 77101007**
I have interested any atm machine installed on my shop good location main road market PARAS RAM NAGAR BATHINDA PUNJAB 77101007**
I have a shop besides of main road I want to give that shop for ATM on rent .
Atm shop on rent
Dear sir,
I have Space Availability for ATM, Size 9.5Ft×16.5Ft
Address:-
K.Omprakash
Kallu Ramasamy Thever Street
Irugur(Post) – Land Mark Opposite Panchayat Office
Coimbatore – 641103
9994650620
I am an owner of a shop of an area of 105 square meters at Lalita Park, Laxmi Nagar, Delhi 110092. Any bank who is interest in installation of ATM machine in this are is warm welcome.
My contact number is 9891783696 (Ashok Kumar)
The shop is on a 40 feet wide road and busy marketing areas.
I am an owner of a Land of an area of 105 square meters at Vill. Khudra Hazara Baihata Charali. Any bank who is interest in installation of ATM machine in this are is warm welcome.
My contact number is 9435349613 (Jayanta Baruah)
Thanks