UPI ATM Cash Withdrawal Machine Franchise in India Apply Online Process, Eligibility, Total Investment Cost, Documents:
The Indian Government has started the new process of providing a cash withdrawal facility through UPI ATM. This UPI-ATM procedure was introduced by the National Payments Corporation of India (NPCI). You can withdraw cash even without using any ATM Card via this UPI ATM. People only need to scan the QR code from any UPI App to withdraw money from UPI ATM. In India, a large number of people withdraw money daily from ATMs, so it makes sense to start an ATM Franchise in India since it generates a monthly income with little effort. Here in this article page, you will get to know easy steps to set up an ATM Machine Franchise in India with a small capital. Investing money in the ATM franchise is a good opportunity for you, that not only gives you a big return but also helps you to set up a long-term business with a huge return. Although you might be interested in the UPI ATM Cash Withdrawal Machine Franchise in India or you have no idea about how to get started the new business of UPI ATM Machine Franchise then you should read this web page. Stay connected with us to know more updates regarding the UPI ATM Machine Franchise eligibility, Investment, Cash Withdrawal, Document Required, Income from the UPI ATM Cash Withdrawal Machine, How to Apply, etc.
UPI ATM Cash Withdrawal मशीन की फ्रैंचाइज़ी के लिए सम्बंधित कंपनी की ऑफिसियल वेबसाइट से ऑनलाइन अप्लाई किया जा सकता है। UPI ATM मशीन की फ्रैंचाइज़ी के लिए अप्लाई करने से पहले सभी जानकारी प्राप्त करे और फ्रॉड से सावधान रहे।
UPI ATM Cash Withdrawal Machine Franchise
The UPI ATM was started by Hitachi in India which allows people to withdraw money without using any debit card. The user of the ATM must provide the correct PIN or scan the QR code to make the transaction successful. WLA ATMs offer a high margin, asset lite, which is a minimal investment business where every Business entrepreneur can make lots of money by both cash & non-cash transaction. No doubt that UPI ATM Machines gaining popularity day by day worldwide. If you are searching for the best business idea to invest your money then you can consider the UPI ATM Franchise business that will give you good returns in the future. The interested person can follow the easy steps to apply for the ATM Franchise through online mode.
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UPI-ATM as a White Label ATM (WLA) Details
National Payments Corporation of India (NPCI)
|Company Name||Hitachi Payment Services Pvt. Ltd.|
|ATM Type||UPI-ATM as a White Label ATM (WLA)|
|Total Hitachi Money Spot UPI ATM Available in India||3000 ATM|
|ATM Franchise Companies||India One ATM
Hitachi Money Spot ATM
|Principle||UPI-ATM enables QR-based UPI Cash Withdrawals|
|Article Category||Latest Update|
|Official Website of Hitachi||www.hitachimoneyspotatm.com|
UPI ATM Machine Franchise Investment Cost & Income
If you can arrange the space for the ATM Franchise then it requires a low investment cost. Generally, Entrepreneurs need to deposit money between 2 -3 lakhs for security into the authorized bank. Let’s take an example, the SBI Bank offers an ATM Franchise for 2 lakhs in exchange for security. Thus, it may be necessary to raise between 3-4 lakhs in working capital. This business investment provides you the result of a 25000-90,000 monthly income. Mainly, the income depends on the daily transaction and location of the ATM Machine. Along with earning money by ATM, the bank will also offer you a small ATM commission. Like, Muthoot ATM Franchise will give you 8 Rs per cash withdraws and 2 non-cash withdraws.
Moreover, Account checks, mini statements, etc. are all part of this procedure. If you are interested in starting your new business with an ATM Machine franchise then you can apply online for a UPI ATM Machine Franchise. Assume, the daily transaction of 300-400 Rs made by a machine, then the non-cash transaction would be considered 35% and the other 65% of transactions would be regarded as cash transactions. Calculated on an annual basis, ROI is expected to be between 33% and 50%. Check out the document required to apply for the UPI ATM Machine Franchise through online mode.
UPI Cash Withdrawal ATM Near Me (Search)
UPI Cash Withdrawal ATM से अब कैश निकाल सकेंगे
रिजर्व बैंक ऑफ इंडिया (RBI) ने UPI के जरिए कैश विड्रॉल की सुविधा देने की नई प्रोसेस शुरू की है। UPI – ATM प्रोसेस नेशनल पेमेंट्स कॉर्पोरेशन ऑफ इंडिया (NPCI) द्वारा डेवलप किया गया है। इस प्रोसेस के तहत यूनिफाइड पेमेंट इंटरफेस (UPI) से अब कैश भी विड्रॉ किया जा सकेगा। इस UPI – ATM के इस्तेमाल के लिए कार्ड की जरूरत नहीं पड़ती, बस QR कोड स्कैन कर पैसा निकाल सकते है। UPI-एटीएम पर आपको क्यूआर कोड स्कैन करना होगा और पिन डाल के Cash Withdrawal निकल सकते है। UPI सर्विस प्रोवाइड करवाने सभी ऐप का इस्तेमाल करके UPI ATM से पैसा निकाला जा सकता है। जापान की हिताची कंपनी ने भारत में UPI ATM लॉन्च किया है। हिताची के पास 3000 से ज्यादा लोकेशन पर ATM उपलब्ध है। धीरे-धीरे पुरे देश में UPI Cash Withdrawal ATM की सुविधा उपलब्ध करवाई जाएगी।
Documents required for Franchise
If you are going to apply for the ATM franchise, then you need to submit the following important documents mentioned below.
- Aadhaar or Voter Card, PAN Card, and other ID proof.
- Address proof such as Ration Card, and Electricity Bill.
- Mobile Number, email ID, etc.
- Bank account passbook and other details.
- Financial documents such as Profit & Loss Account, Balance Sheet for net worth proof
- 4 Passport size photo
- GST Number and GST Registration etc.
UPI ATM से Cash Withdraw कैसे किया जा सकता है ?
- सबसे पहले UPI ATM जाएं और UPI कार्डलेस कैश को सिलेक्ट करें।
- अमाउंट (100, 500, 1000, 2000, 5000) सेलेक्ट करे।
- QR कोड डिस्प्ले होगा।
- QR कोड को अपने मोबाइल की सहायता से UPI ऐप से स्कैन करें।
- अपने UPI पिन डालें।
- एटीएम से कैश कलेक्ट करें।
UPI ATM Cash Withdrawal Machine Franchise Eligibility
Check the eligibility before starting the ATM Franchise at your nearby location. From day one, you can start earning. The ATM Machine has some necessities that you have to follow
- According to the rules, there must be a minimum transaction of 300 daily.
- No other bank should be located within 100 m of your UPI ATM Cash Withdrawal Franchise Machine.
- To ensure its safety, ATMs need concrete roofs.
- A commercial space of 50 to 80 square feet is needed for the ATM.
- It is recommended that the electrical connection has a power rating of at least 1KW and be able to provide uninterrupted power 24 hours a day.
- It is important that the ATM space has excellent visibility and is located on the ground floor.
How to Apply Online for UPI ATM Machine Franchise Near Me
Step 1: First of all, select your location. (UPI ATM Machine Franchise Near Me)
Step 2: After that, choose the bank franchise offer of any bank. You can use the official website to apply for the franchise offer.
Step 3: Also, you can use the Indicash website to find out which banks to approach for a tie-up with an India ATM Franchise.
Step 4: Install your ATM with a reputable company like Indicash, Muthoot, or India One. The official links of websites mentioned below.
✍Imp. UPDATE – If you have any query regarding UPI ATM Machine Franchise in India, Enter your question in the below comment box. (This information is based on the normal ATM Machine Franchise, there is no information released regarding the UPI ATM Franchise so wait for official update then take a decision.⟳ Update By Jiya Updates.com Team 👨🏻🏫
|India One ATM||india1atm.in/rent-your-space|
Yes, if you are searching for the best business idea that offers you a big return with low investment then you must invest money in an ATM Franchise.
You have to invest a minimum amount of Rs 2 lakhs which is a refundable security to run the ATM franchise.