How do I open an Indicash ATM?

Choose from an existing Indicash site or propose a commercial space (60-80 sq. ft.) in a high footfall area. Submit the registration form along with the requested financial & KYC documents.

Is Indicash ATM free?

Any number of non-cash withdrawal transactions will be provided free. Transactions at any other banks’ ATM (Off-Us transactions) at Metro locations: In case of ATMs located in six metro locations, viz.

How can I get Tata ATM?

You can start being an Indicash ATM Franchisee by making a minimum investment of ₹ 2 lacs as a one-time refundable* deposit and approx. ₹ 3 lacs to run the daily ATM operations.

What is Tata Indicash ATM?

ATM Franchise Indicash is the largest White Label ATM Operator in the country and the second largest in semi-urban and rural geographies. Driven by the Tata’s ethos of empowering masses, Indicash through its extensive network of ATMs is spearheading cash accessibility to the remotest part of the country.

Is Tata Indicash ATM profitable?

With Indicash ATM Franchise, you have the potential to earn an ROI of up to 33% in the first year itself. As an ATM franchisee owner, you earn by operating and managing Indicash ATMs. Indicash is one of India’s largest White Label ATM operator.

Is Indicash ATM franchise profitable?

If you are ready to take the leap into the franchise sector, you can be part of Indicash ATM Franchisee. As compared to a start-up business, an ATM franchise business model has the potential to earn 33% of ROI in the first year itself. It is a lucrative investment, and anyone can get into the business!

Can I withdraw money from Indicash ATM?

The daily withdrawal limit at Indicash is as per the facility provided to customer by their bank. However, customer will be able to withdraw Rs 10,000 at one time and can do repeat transaction to utilise maximum withdrawal limit provided by bank where he has account, Patel said.

Is Indicash ATM profitable?

Which ATM franchise is best?

Here are the top 5 best vending machine & atm franchises in India

• Yess Pizza. Founded in: 2004. Franchising since: 2018.
• Arihant Creations. Founded in: 2010. Franchising since: 2018.
• Tata Communications Payment Solutions Limited (TCPSL) Founded in: 2004. Franchising since: 2018.
• Hitachi Money Spot ATM. Founded in: 2005.

Is Indicash profitable?

How much do ATM owners make in India?

Rent, franchise and earnings However, if, over a period of time, your ATM sees 200 transactions a day, of which, say, 160 are withdrawals and 40 are non-financial transactions, you stand to earn a total of Rs 2,600. Even after deducting your costs, you could earn around Rs 53,000 (Rs 78,000—25,000) a month.

Is ATM franchise profitable?

ATM Franchise is a profitable business model from which your regular income is earned. First of all, let us tell you that this franchise is not given by any bank, but the banks have handed over this work to third party vendors.