How to Become a Franchisee under Hitachi Money Spot ATM Rent for Space?

General
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In today’s fast-paced world, people are increasingly relying on ATMs for their banking needs. The advent of ATMs has revolutionised the banking sector, providing customers with convenient access to their funds 24/7. The Hitachi Money Spot ATM for rent for space is the best opportunity for you.

White Label ATM Service Provider Hitachi Payment Services Private Limited was founded in 2005. The parent organisation of this subsidiary is Hitachi Limited. The company is headquartered in Mumbai, India. With more than 6000 White Label ATMs spread across the country, this company is one of the best cash and digital payment providers in the country. If you want to become a Franchisee under Hitachi Money Spot ATM, then you should read it.

Here are the complete details regarding becoming a Franchisee under Hitachi Money Spot ATM Rent for Space. Look at the below-mentioned steps-

  1. Visit the Official Website of the Hitachi Money Spot ATM, i.e. Hitachi Money Spot ATM - Become a Franchisee.
  2. The application should include complete details of the property, such as area, locality, and nearby landmarks, among others.
  3. You have to use the Email -[email protected] to apply for the ATM Franchise.
  4. The institution will review the proposal, analyse the demand and footfall in the area, and accordingly process the application. Banks normally prefer freehold properties that do not have any mortgages or encumbrances.
  5. Once the application is approved, the applicant has to submit the required details in the standard prescribed form.
  6. While renting out the space for ATM installation, the landlord also has to provide space for a server room and arrange a facility for network connectivity.
  7. The Respective Bank will then enter into a lease agreement with the landlord about the property.

After approving your application, you have to set up your ATM, and then you can start earning.

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Hitachi Money Spot ATM Franchise Document Required

This is the list of required documents to Become a Franchisee under Hitachi Money Spot ATM Rent for Space

  • Identity proof - Aadhaar Card and PAN card.
  • Address proof -electricity bills for self-owned stores and landlord agreement for rental or leased commercial space.
  • Documents related to proprietorship, partnership or LLP like trade name and GST no.
  • New bank account details are tagged for a waiver according to 194N.
  • Two sets of agreements are prepared on a stamp paper of ₹100.
  • When signing the contract, a demand draft of ₹5 lakhs is to be submitted as a refundable deposit.
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Hitachi Money Spot ATM Franchise Profit Margin

The Hitachi Spot ATM Franchise is a profitable ATM Installation Franchise. You can Earn up to 50,000 to 60,000 per month. In the ATM Franchise, you will get some amount per transaction. IF your ATM is situated at the heavy footfall place, then you can also generate the profit up to INR 1- 2 Lacs per month.

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Hitachi Money Spot ATM Franchise Contact Number