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If you also want to install an ATM on your shop or land, we tell you how to rent your land for an ATM. Also learn how to make money from an ATM and what is the process of installing an ATM.
State Bank of India
New Delhi: State Bank of India has opened its ATMs in every area so that there is no problem in serving customers. You may also have noticed that there will be ATMs in your area and now there are ATMs in shops except bank premises. Banks are opening ATMs in rented private spaces. If you have an empty shop or land, you can install an ATM in it and make good money. If you also want to install an ATM on your shop or land, we will tell you how to rent your land for an ATM. Also learn how to make money from an ATM and what is the process of installing an ATM.
How to install SBI ATM?
If you want to install SBI ATM, you have to contact the bank first. As per the rules laid down by the bank, the application for installing an ATM has to be submitted to the SBI Regional Business Office (RBO) working in your area. The bank says, ‘You can get the RBO address of your area from https://bank.sbi/portal/web/home/branch-locator. The address can also be obtained from our nearest branch. It is displayed in the banking halls of all the branches operating under that RBO.
How to install an ATM?
If you also want to make money from ATMs, you need to have a place. The land should be such that an ATM can be set up. This space may look like a shop, but the shop should be a little bigger depending on the ATM. In addition to contacting the bank directly, many agencies also set up ATMs, which you can contact. These agencies include Tata Indicash ATM, Muthoot ATM, India One ATM.
Pridhan Mahadev who we want to install ATM in our shop, please give your guidance@TheOfficialSBI
— Phoolsingh Mali (@maliphool) September 1, 2021
How is the income?
There are two ways to make money using ATMs. The point of the contract is that you are paid on a monthly basis and there is a contract for that. In addition, many companies contract on a transactional basis. The more transactions that take place in that ATM, the more profit the owner will get. That is, the rent is paid on a transactional basis. The monthly rent depends on the location, size, etc. of the property.
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