What Is Tata Indicash ATM Franchise?
Tata
Indicash ATM franchise is also
a type of ATM franchise business, with the help of which you can give more
speed to your personal growth. ATM franchise business has always been
considered a very good source of growth. This business also gives birth to many
entrepreneurs. Indicash ATM franchise business
generates a good amount of revenue by operating white label ATMs. This business
is a type of high-margin business which requires very little setup and very
little investment. The biggest feature of the Indicash ATM
franchise business is that you earn money on every cash
transaction and non-cash transaction.
We
would also like to tell you that the ATM franchise business
is great. Due to low supply and high demand in the country, the growth of the
ATM franchise business is expected to be higher as compared to other
businesses. The reason for this business to grow the most is also that there is
still a lack of many ATMs inside the country. If we believe the figures, then
only 22 ATMs are present in the country for every one lakh people. From these
figures, we know that the Indicash ATM Franchise business
can prove to be a game-changer for an investor. After successfully setting up
the business, in an estimated time of about 1 to 2 years, the investor recovers
all his money and moves towards profit. Apart from this, if you are also a new
trader and are looking for such a business where there is less investment and good
returns, then the ATM franchise business will prove
to be very effective for you.
How Can You Take Indicash ATM Franchise?
If you
also want to expand your business more and fulfill your dreams by taking the Tata indicash ATM franchise,
then you can do it very easily.
- To start your
franchise business, you have to first determine the place where you want to set
up your entire ATM franchise business. For this, you
can also choose the onsite location. Where the Indicash ATM franchise business is already in
operation.
- Apart from this, if you want to set up business at your place. Then you can also resort to the off-site model. In the off-site model, you have to take land in 60-80 square feet area.
- Once the site
allocation process is completed from your side, you can move to the who tractor
agreement as well as the onboarding process. If you are applying for the
offsite model of business then you will need about 60-80 sq ft of space in
the foothill area.
- In an ATM franchise business,
you have to make the approx minimum investment of up to 3lac for daily
operations. Apart from
this, you also have to pay a refundable deposit of 1.5 lac to the company.
- Once all the paper process is completed, you have a training session. After completing the training session, you can start your business for day-to-day operations. And also you can earn money on every single transaction of the day.
- Before entering into the tata indicash ATM franchise business, you should make sure that you are capable of investing at least a 2 lac amount.
Total Investment Required For Tata Indicash ATM Franchise Business?
The
total investment in the tata indicash ATM franchise business
is around 3 lac. In this total investment, ₹ 1.5 lac has to be given to the
company as the security deposit. But according to some estimated figures, a
good investor can cover this money in around 6 to 12 months. The main reason
for this is that in this business you get a commission on every transaction. Along
with this, you can also take out different schemes according to your
convenience to increase your customers.
Experience Required For Handling ATM Franchise Business!
We
would like to inform you that if you apply for the indicash ATM
franchise, then the first training is done by an experienced team
of tata Indicash. Along with this indicash, the ATM franchise team gives you
all kinds of small and big information related to ATM franchisee business.
While training you have to take care of different things. During the training,
you are mainly taught to operate things like daily ATM operations like
first-level maintenance (FLM), total cash loading, cash handling, etc. Apart
from this, knowledge of some things is also given on regular basis by doing an
inspection every month on behalf of the company. After completion of training,
you mentally go to fully competent to handle the ATM franchise business.
Main Responsibility Of Indicash ATM Franchise Partner-
After
starting the indicash ATM franchisee business, the
indicash franchisee ATM partner also has the responsibility.
· The partner has to
ensure that the ATM room is completely ready for the customers. The
infrastructure of the room should be completely customer friendly.
· The partner should
always keep a close watch on the ATM site-related expenses. These expenses
include electric cost, site cost, housekeeping, and regular site maintenance.
· The partner should
also keep an equal eye on the daily case operation. It should always be ensured
that there is no shortage of cash in the machine. Always do first-level
maintenance at the time of loading cash in the machine. Along with this, the
tata indicash guidelines should also be followed.
Once
you sign the tata indicash ATM franchise agreement, you are tied into an
agreement with the company for one year. This is a type of lock-in agreement and
its duration is about 1 year. If the franchise partner breaks the agreement
within 1 year, then he can also be fined up to 1 lac.
Why Should You Choose Tata Indicash ATM Franchise For Businesses?
This
thought must have come to your mind why should you choose only tata
indicash ATM franchisee for ATM franchisee business.
So we want to tell you that the Indicash ATM network is India's first
RBI-licensed WLA network and it is one of the largest WLA ATM brands as well.
By association with indicash ATM franchisee, you associate with a reputed ATM
franchise brand. The indicash brand gives you a lot of opportunities to grow
which you will not get anywhere else. By joining this you get an opportunity to
work with a reputed ATM franchisee back-end team.
OV Technology is a service provider that deals in e-Mitra, RKCL, AEPS, Tata Indicash atm, Insurance, Spice Money, and Mini ATM Devices, etc.