If you want to earn money sitting at home, then this news is for you. We will give you an easy and profitable business idea today. Through this you can earn at least Rs 60,000 per month. This opportunity is being given by the country’s largest bank SBI and you can also earn good profits by taking the franchise of SBI’s ATM.
Most importantly, it is a safe and guaranteed source of income. But do you know how ATM is installed or who does it? Now you must be thinking that the ATM of a bank would be installed by that bank itself but it is not so. A company installs ATM on behalf of the bank and the bank gives the contract for it. After this the company sets up ATMs at different places.
If you want to take a franchise, then remember that you must have at least 50-80 square feet of space. Also, it should be at a distance of about 100 meters from other ATMs and should have 24-hour power supply. You should have a 1 KW electricity connection for the ATM as well as the ceiling of the ATM space should be strong. For installation of V-SAT you have to get ‘NOC’ from the society or authority. You will have to maintain a security deposit of Rs 2 lakh for SBI ATM Franchisee which is fully refundable. Apart from this, there should also be a working capital of Rs 3 lakh. In this way your total investment will be up to Rs 5 lakh.