SBI Bank ATM Space for Rent Contact Number, Installation Request, Apply Online: The price and deal for SBI ATM franchises include the installation of an appropriate ATM or White Label ATM (WLA) from well-known, SBI-approved businesses like India 1, Muthoot Finance, TATA Indicash, etc. The oldest and possibly most dependable ATM implementation associate of the SBI ATM franchise is TATA, a well-known and established ATM name. The installation of the ATMs is the responsibility of these businesses while SBI negotiates and evaluates the license bids for ATMs. Other businesses like TATA Indica, India1 were mentioned by SBI.
ATMs are sold by companies like ATMs. For the benefit of banks, these businesses received contracts to build ATMs. However, you have to ask the bank directly for this. A few restrictions and bank clearance are required. You will then receive an ATM that follows a business plan. Read the article till the end for information related to SBI Bank ATM Space for Rent.
About SBI Bank ATM Space for Rent Apply Online
With its headquarters in Mumbai, Maharashtra, the State Bank of India (SBI) is a global public-sector banking and financial services company in India. Through its branch network in India and overseas, SBI provides a variety of banking goods, including items geared toward Non-Resident Indians (NRIs). SBI has 57 zonal branches and 16 regional centers spread across India’s main towns. Check here for all the information about SBI Bank ATM Space for Rent Contact Number and Installation Request.
SBI Bank ATM Space for Rent – Highlights
| Article about |
|
| Bank name | SBI |
| Full form | State Bank of India |
| Address | Headquartered Mumbai |
| Contact | 1800 1234 |
| Investment | 5 lakhs |
| FAQs | Mentioned below |
| Official Website | https://www.onlinesbi.sbi/ |
SBI White Label ATM
The titles of the institutions that offer services and cash through ATMs, such as SBI, Bank of Baroda, ICICI, UCO Bank, etc., are displayed on the machines. The white-label ATM is not affiliated with a bank and lacks a bank insignia. The RBI published instructions for White Label ATMs in 2012, and the required licenses and permits were granted in 2013. According to this regulation, a non-banking company with a total value of more than $100 Cr. may install these white ATMs.
Tata Communications Payment Solutions Limited was the first business to receive approval from the government to install “Indicash” white-label ATMs in the country. At the present time, about 15 of these businesses are equipped with their own ATM machines. Among the most popular ATM manufacturers are Muthoot Finance, India One, AGS, Prizm Payments, and Australian STI.
SBI State ATM Franchise Benefits
An SBI ATM franchise offer is a reasonable expenditure with a high possibility of turning into a successful side hustle. You can establish your own company, employ your area, and even get assistance in locating employment. Monthly passive revenue ranges from $45,000 to $90,000. When 300–500 transfers occur at the ATM each day, this is what occurs.
The fee of the SBI franchise is 8 euros for each monetary transaction and 2 euros for each additional transaction. Checking your account amount, getting an account summary, and other similar actions are examples of cashless payments. The ROI (return on investment) is anticipated to range between 33 and 50% when computed yearly. This implies that if you conduct 300 deals per day, you must earn at least 45,000 per month. You can earn at least $90,000 a month if you increase the required quantity of deals to 500 per day. For each monetary purchase at an SBI ATM, Rs. 8 is made available, and Rs. 2 is made available for non-cash transactions.
The annual return on money spent is between 35% and 50%. The monthly income is close to 45,000 rupees with 250 daily interactions, of which 65% are cash payments and 35% are non-cash payments. A commission of between 88 and 90 thousand is also given for 500 deals each day.
SBI Bank ATM Space for Rent Installation
The following is a summary of the fundamental steps to take when asking for an ATM on a business property.
- Speak with a certified vendor or real estate representative to find out more information about the process.
- Send an application to a bank or non-banking financial organization to create an ATM. (NBFI). The application must contain all relevant information about the property, including region, city, and neighboring attractions.
- The agency will review the request, gauge local demand and visitor traffic, and then take appropriate action.
- Banks typically prefer real estate that is unencumbered by claims or obligations. The applicant must fill out the standard form after the application has been approved, including any required extra details.
Procedure for determining related costs and reimbursement
ATM installation costs “When you rent space to place ATMs in, you pay a monthly fee and offer the bank security, which can vary from 2,000 to 3,000 rubles depending on the area, state, and number of ATMs. The money is returned at the end. The ATM business system, on the other hand, does not charge a yearly fee; instead, you are liable for paying the site’s maintenance costs, which can range from 25,000 to 30,000 rupees.
How much money can you afford to pay?
A minimum of Rs 15,000–25,000 can be made from the NBFCs that install white-brand ATMs. However, if you choose a licensed vending machine, there is no regular rental income. The quantity of daily tasks has an impact on wages. Dealers of vending machine licenses are paid Rs 15 for cash transfers and Rs 5 for non-cash operations. If there are 200 transactions per day, including 150 withdrawals and 50 non-cash transactions, the total sum earned, for example, will be Rs. 2500. Net of all expenses, a farmer can earn between 50,000 and 60,000 rupees per month.
SBI ATM Requirements
In order to qualify for an SBI ATM franchise, you must meet the following requirements:
- 50-80 square feet.
- 100 meters from the nearest other ATM
- with excellent views, the ground level
- ATMs should have at least 300 daily transactions and a 1 KW power link that is available 24 hours a day.
- ATM’s ceiling is fixed Business NOC from the municipality and permission to use V-SAT.
Required Documents For SBI Bank ATM Space for Rent
There are a few essential documents that must be submitted in order to apply for an SBI ATM franchise. Below, you will find a list of all the documents that you will need to complete the application:
- Voter ID
- Pan Card
- Aadhaar Card
- Address Proof
- Rashan Card
- Electricity Bill
- Additional Information
- Photograph of a passbook or bank account
- Email Address
- Telephone
- Financial Documents
- GST Number
FAQs About SBI Bank ATM Space for Rent
a) How can you make a request for an ATM placement?
Ans. You can submit an application online or in person by meeting with bank officials.
b) How can I make contact with the bank to set up an ATM?
Ans. You can directly query the bank’s CEO about these criteria. When looking for areas to install ATMs, banks frequently issue newspaper advertising.
I have space, contact – 957874****
Proposal offering premises my commercial property for installation an 🏧
Lease rental agreement
I have place contact -9841217***
I have a sufficient space required by the bank it is 10×10 =100 sq feet
It is on to Mehrauli/Gurgaon road between chaterpur — Sultanpur metro station
Metro pillar no 50 .
Kindly let me know how to proceed further
I am a SBI account holder at parliament street branch
You can contact me or text on 8851514919
Or +19056502423 or email me
Kindly
12×10=120 Room for rent, business purposes only
I have place in kanpur pls contact me
I’m new installation of ATM near no Another ATM of 250 meter and main road of trice road cover in that location size of location 10*20=200 sqft foot
I have space for rent ATM in Madhuranagar, Mainroad ,Vijayawada -520011
Dear sir ,
My Name is Mohammed murtaz ansari and I have good space for atm franchise about 120 yards
Hello sir ,
My name is Mohammed murtaz ansari and. My location is shyam colony budh vihar market road ph-2
Delhi-110086
My contact number is
9971688***
my name shanu saifi town noorpur distic bijnor pin code 246734.
atm machine rent please sir contact me 8449512***
[email protected]
main market budh bazer noorpur near police stiation noorpur .
not naer atm machine 500 meter .
Hello sir, Iam Maharashtra (Satara City) ,I have 200 sq.ft. own shop at Market yard,there are three Hospital infront & having good resi. & Commercial area.
I am having the space 2 shops and and 1 big hall
I have a sufficient space required by the bank it is 10×10 =100 sq feet
It is on to Jiudhara,Ambika kalna, Purba bardhaman,713409
S.T.K.K Road (Near Holy child school)
Kindly let me know how to proceed further
I am a SBI account holder at Ambika kalna branch
You can contact me or text on 9564928***
or email me
Subhankar Dey Vill-Darmikhal Grant,P.O-Sachinpr Dist-Cachar,Assam Pin-788116 Near-CRPF Camp
Hello, iam from (Bareilly Uttar pradesh town thiriya nizawat khan) their population rate is 50thousand but their only 1atm available some time many people’s are irritate because in this atm money not assist they always ampty because users are really huge amount so I want a atm to my place which present near thiriya main Meena bazar
Sir
I want installation of A.T.M. in my shop
Location: Ranipur more Haridwar
PH 9897238148
I have space for ATM machine in Jaipur Rampura main road
Contact No. 8989122***
I have space for bank branch and ATM at Masagram Rail Gate, Dist- Purba Bardhaman, Pin-713401, West Bengal.
Email : [email protected]
Mob: 7597631***
I want to rent for ATM I am space for two machine say anything contact please in Bangalore Whitefield road
9739667***
I want to rent for ATM , space size is apx. 334 sqf. (apx 37 sq. yard. at Chandigarh road , GTB nagar,
KHANNA 141401 Distt. Ludhiana my email [email protected] cell# 9781721260
Contact kare mujhe apni shop mein atm install karwana hai
Dear Sir,
I have four storied building at Bhagalpur, Bihar, Very much potential to starts a diagnostic center and specialist doctors. One medical college & hospital near by my property.
Property details
Built up areas–1800Sq feet each floor–Sheller,1-3 floor with one floor residential flat.
A great requirement for this facility and business as most of the patient going to either at delhi, Vellore or Kolkata. This district are surrounded by another 5-6 districts from where patients are coming.
We can discuss in details.
Find attached property snaps.
With Regards
Dr sanjeev Nayan
M-6301568150
Looking to give space for ATM
Sir
I am requesting for atm machine installation for my room
Contact no. 7000091***
Dharna Kalan tehsil barghat district seoni m.p.
My space for rent atm