Bank of India ATM Space for Rent Online Application Form, Contact Number

All banks are renting space from people to install their ATMs in both urban and rural areas. Of which Bank of India is a bank. Let us tell you that if you give your commercial property on rent for installing a Bank of India ATM, then through this you can easily get rent of Rs 20,000 to Rs 30,000 per month. And if you take a bank ATM franchise, you will not get rent every month but you can earn Rs 40-50 thousand per month from this. So let us get complete information about Bank of India ATM Space for Rent Franchise Online Application Form through this article.

Bank of India ATM Space for Rent Online

If you also want to get hassle-free rent from your commercial property, then giving your land to a bank ATM is the best option. You can apply for Bank of India ATM Space for Rent, and Franchise in both rural and urban areas. But for this, you must have your land, within which there should not be any other ATM within 100 meters. And it is necessary to have internet and electricity facility at that place. In today’s article, we will provide you with the Bank of India ATM Space for Rent Online Application Form and all other important information in detail.

Bank Of India ATM Space for Rent Online, Franchise- Overview

Required Documents

• Address proof
• Ration card,
• Aadhar card, PAN card,
• PAN card
• GST registration certificate
• Property ownership documents or lease agreement
• No-Objection Certificate from the landlord
• Bank statement for the last 6 months

Eligibility Criteria

• The place to be rented should belong to the person applying only.
• The property should be located in a commercial area. And there should not be any other bank within a radius of 100 meters.
• It is mandatory to have a server room and a network connectivity facility.
• The minimum area for an ATM should be 60 square feet and for an indoor ATM, it should be 100 square feet.

Bank of India ATM Franchise Profit Margin

Procedure to apply for Bank of India ATM Space for Rent Franchise

• If you also want to apply for Bank of India ATM Space for Rent, Franchise, then for this you will first have to go to the website of Bank of India.
• Here you have to click on the franchise section and then go to the option of ‘ATM Space for Rent’.
• Now on the next page, you will reach the Bank of India ATM Space for Rent Franchise Online Application Form.
• After this, you will have to fill in your information in the form and attach all the necessary documents.
• After this, check the form and finally submit the form.
• After receiving your application the bank will verify the information provided by you.
• If all your information is found correct then you will be permitted by the bank to install an ATM.

Bank of India ATM Space for Rent, Franchise Contact Number