Folks just can’t carry money every time and everywhere. To make your lives much easier and better, we have ATMs machines everywhere. Do you also want to make money through ATM machines, read to know how?
The best investment on Earth is Earth. In present times one that had physical space can never ends up their lives in despair. Offering your property for commercial real estate on rent is the best, easiest, and safest way to go from rags to riches.
Initially commercial real estate flourished with the growth of diverse business opportunities that led people to migrate to different places for improving their business prospects where they need to rent out a place for their commercial requirements. Spurring growth of commercial properties which is now booming with flying colors is a lot much credited to growing demand for ATM renting space.
With the world going digital, India has taken the lead and is aiming at establishing a cashless economy. The recent outburst of so many digital payment platform and setting up of ATM from place to place is the outcome of such objectives. To make a cashless economy, it’s a long way to go. Various Steps are taken to achieve financial inclusion, banks are encouraging people to use plastic money, for that there is a need for setting up of more and more ATMs to provide easy access and availability of funds.
It gives the best profitable opportunity to property owners to rent space for ATM machines to the banks. You can gain additional money by giving ATM space for renting. You can provide for bank ATM space immediate requirement anywhere by contacting non-banking financial companies that are mandated to set up white- labelled ATM in semi urban and urban areas. This is one way of making additional money by giving ATM space for rent.
You will get rental money at the end of each month. It’s quite easy to offer your bank ATM space immediate requirement anywhere with the focused intervention of banks in installing ATMs.
Another option is you can give out ATM renting space while maintaining your other business as well simultaneously. It is like you own a departmental store and you have given for rent space for ATM from within your departmental store. It’s an ATM in shop kind of concept. Here you get the rent on the basis of location of the ATM and the city.
Another method of making money by giving commercial space for ATM is by taking ATM franchise. The working of this concept involves that you have to give security deposit of rs. 2-3 lakhs subject to changes as depends upon the number of ATMs that are being installed. Along with this you have to pay a fixed charge at the end of every month, this will fall in the range of 25,000 – Rs. 30,000. The overhead charges of electricity, maintenance and for security arrangements will be borne by the bank.
How you will be profited from by this mode of an ATM space for rent?
Your return on investment will depend on the number of transactions made through that ATM. For every withdrawal that takes place, you will get Rs. 15 and for every non- financial transaction, you will get Rs. 5. So if in a day there are 150 transactions of withdrawal and Rs. 50 of non- withdrawals then you will get Rs.2500 in a day and in a month you will get Rs.75,000. So the net value after paying the monthly sum say 25,000, you will get 50,000 in a month.
One can make substantial sum of money from ATM renting space. If you also have an ideal space why not to use it for investment.