SBI Alert! Earn up to Rs 90,000 every month by investing in this opportunity | Know More Here

The pandemic shows us that work is not permanent. In fact, owning your own business seems more productive. In fact, we have seen many people move in this direction, but not everyone has business ideas but does have money to invest. Well, for such a person. This is a discount provided by the National Bank of India. You can invest in SBI ATMs and earn up to 60,000 rupees per month.

To obtain an ATM franchise, you only need to find the area that requires an ATM from the nearest bank. The ATM should have 50 to 80 feet of space and can be purchased by depositing a deposit of Rs 200,000. In addition, 300,000 rupees must be deposited as working capital. It is worth noting that you should know that the deposit is refundable, and once you decide to close the franchise, you can get it back.

The first is to apply online by visiting their official website. However, the company that actually installs the ATM is different from banks such as Tata Indicash, Muthoot ATM, and India One ATM. To do this, you must apply for your ATM by logging in online on the websites of all these companies.

Documents required for ATM:

-Identification (Aadhaar Card, Pan Card, Voter Card)-Proof of Address (Ration Card, Electricity Bill)-Bank Account and Passbook-Photos, Email ID, Phone Number-GST Number-Financial Documents

If you consider income, you can get 8 rupees for each cash transaction and 2 rupees for non-cash transactions. The annual return on investment is 33-50%. For example, if your ATM makes 250 transactions per day, the monthly income should be approximately 45,000 rupees. At the same time, if there are 500 transactions per day, a commission of approximately 88,000-90,000 rupees will be generated.

(Source: DNAindia