The direct meaning of joining the schemes of public sector banks is earning. In such a situation, every educated person should also pay attention to such a scheme for employment. Many plans generate income through commissions, while many offer fixed monthly payments. Do you also want to earn money without doing anything? If yes then you can participate in this scheme of the State Bank of India now. In SBI, you just have to submit some documents, after that, you will be able to earn up to 60 thousand rupees every month.

This is a business idea in which you have to rent a space smaller than 10 by 10 square feet. Actually, this ATM is a franchise business. If your house or shop is located on the main road, you can rent out a small area from your share to the State Bank of India for opening an ATM center. However, let us tell you that a company works on a franchise system to install ATMs in all banks. The company also gives a fixed amount every month for the installation of ATMs. This amount can range from 20 thousand rupees to 70 thousand rupees depending on the city and place.

How to get SBI ATM Franchise
The first condition for this is that you have at least 50 to 80 square feet of space on the main road. There should be no other ATMs nearby for a distance of about 100 meters. There should be an uninterrupted power supply for 24 hours and there should be a generator or solar power system at that place so that the light is not cut off even for a minute. There should be a strong wall around the ATM site and a roof of RCC on top. Apart from all this, there should also be a no-objection certificate from the local administration for the installation of V-SAT.

Also read: PM Mudra Yojana: Planning to start a new business, the government is giving loans without guarantee.

These documents are required for the application of ATM Franchisee
1. ID Proof (Aadhaar Card, Pan Card, Passport)
2. Permanent Residence Certificate
3. Bank Account and Passbook
4. Photograph
5. Other Documents
6. Financial Documents

How to Apply for SBI ATM Franchise
To take an ATM Franchisee, you need to visit the official website of the companies that provide ATM Franchisee. There you can apply. Along with the application, you will also have to upload your documents and place a map. After that, your application will be considered. You will be notified by phone and email as soon as your application is approved.