IndusInd Bank  ATM Space for Rent Franchise Online Application Form, Contact Number

As the population is increasing in both urban and rural areas, the need for ATMs has increased in these areas. Banks want to install ATMs by renting space from people. So if you also have any commercial property then you can also earn Rs 20 thousand to Rs 30 thousand per month by giving your property on rent to banks. Along with this, you can also take an ATM franchise. Today through this article we will give you complete information about IndusInd Bank ATM Space for Rent, and Franchise.

IndusInd Bank  ATM Space for Rent Online

If you also have commercial property, you can rent out your property to banks and non-banking finance companies (NBFCs) to get hassle-free rentals. For this, IndusInd Bank is taking space on rent from people to increase the number of ATMs in both rural and urban areas. For which you will have to follow some rules issued by the bank. Like first of all the place you have should be your own and there should not be any dispute going on over it. There should not be any other ATM within a radius of 100 meters of your land etc. So if you also want to get all the information about IndusInd Bank ATM Space for Rent Franchise Online, then read the article carefully till the end.

IndusInd Bank  ATM Space for Rent Online 
IndusInd Bank  ATM Space for Rent Online, Franchise

IndusInd Bank ATM Space for Rent Online, Franchise- Overview

Bank  Induslnd Bank
Founded  1994
Headquarters Mumbai
Capital ratio 16.47%
Purpose  Nearest ATM
Way Through Application
Objective  Facility Safest earning
Space Requirement  60-100 sq ft
Minimum Rental 20000 per month
Maximum Rent 30000 per month
Official website
Contact number  1860 267 7777

Steps to set up Indusind Bank ATM

  • To install an ATM, you must first apply to the bank or NBFC.
  • After which your application will be scrutinized which includes the demand for ATMs in your area, information about other important facilities, etc.
  • After this, if your application is approved then you will have to submit the required information in the standard approved form.
  • If you are renting out your space, you will also need to provide a server room and a network connectivity facility along with it.

The Price of Installing an IndusInd Bank ATM

If you lease your space for IndusInd Bank ATM installation, it will require you to pay a security deposit of Rs 2 lakh to Rs 3 lakh to the bank depending on the location and the number of ATMs placed. The deposit is returned to you as soon as the lease ends. Apart from this, if you adopt the ATM franchise system, then there is no monthly rent to be paid and you only have to pay between Rs 25,000 to Rs 30,000 for its maintenance.

Induslnd Bank ATM Franchise Profit Margin

White-label systems Around Rs 20,000 to Rs 30,000
Franchise ATM Arrangement Earnings will depend on the number of daily transactions
Cash withdrawal of Rs 15
Non-financial transactions Rs 5
If there are 200 transactions per day then at least Rs 50,000 to Rs 60,000 per month.

Procedure to apply for an IndusInd Bank ATM Space for Rent Franchise

  • For this, first of all, you have to go to the website of IndusInd Bank.
  • Here you will see the Franchise section on the home page, click on it. After this, you have to click on the option of ‘ATM Space for Rent’.
  • As soon as you click, the IndusInd Bank ATM Space for Rent Franchise Online Application Form will open in front of you.
  • Now fill in all the information asked in this form correctly and attach the required documents.
  • Now check the filled information and finally submit the form.
  • After this, your application will be examined by the bank.
  • If all the information and documents are found valid, you will be allowed to install the ATM by the bank.

Note => If you are facing a problem in applying online then you can also contact the bank by going to the bank.

IndusInd Bank ATM Space for Rent, Franchise Contact Number

Registered Office IndusInd Bank Limited, 2401 Gen. Thimmayya Road (Cantonment), Pune-411 001, India.
Contact Number 020-26343201/ 020-69019000
Customer service 1860 267 7777

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