Muthoot ATM Franchise
Hello there! We are delighted to present our latest post, providing comprehensive information about the process of applying for the Muthoot ATM Franchise online in 2023. This franchise opportunity is designed to generate income for individuals like yourself. Muthoot Finance Limited, a well-known company, has introduced this income-generating initiative. In this post, you will find details regarding the online application for the Muthoot ATM Franchise, the rental application form, franchise cost, requirements for the Muthoot Franchise White Label ATM, and more. We kindly request you to read this post attentively until the end.
Muthoot ATM Franchise Bank ATMs played a crucial role in accessing cash during India’s demonetization period. This marked the first time that India recognized the potential of ATMs, and their usage has increased ever since. However, with only 25 ATMs available per million people in India, the number falls short of the global standard. The global average for ATMs is 50 or more per million individuals. Consequently, the Muthoot ATM Franchise provides significant income potential for interested individuals.
Key Details of the Muthoot Franchise Program
|Article Name||Muthoot ATM Franchise|
|Started by||Muthoot Company|
|Mode of Apply||Online|
|State||All the states of India|
|Official Website||Click Here|
Now, those who are interested and wish to establish their own store on a street or in an available space can join the Muthoot ATM franchise program. Through this scheme, you can earn a substantial income. If you’re wondering about the process of obtaining an SBI Bank ATM Franchise, worry not, as we have outlined the easy steps to apply for the Muthoot ATM Franchise. You will also find the procedure for obtaining a Hitachi ATM franchise.
Benefits of the Muthoot ATM
Franchise Scheme Muthoot Finance Limited specializes in gold financing and is a non-banking financial institution (NBFC). The Reserve Bank of India has granted a license to this company, which is not a bank. It specializes in ATM deployment under its own brand in Tier 3 and Tier 6 cities. The company operates thousands of ATMs across India through its Muthoot ATM network, which provides ATM-like services to numerous banks.
Muthoot ATM Requirements
The installation of a Muthoot ATM requires an area of 58 square feet. It should be at least 100 meters away from other ATMs. The room or store must be located on the ground floor in a prominent location. A 24-hour power source and a 1 kW power connection are necessary. The ATM must be situated under a concrete roof and capable of handling around 300 transactions per day. If the space is on the ground floor, parking should be available in front. V-SAT installation requires no objection certificates from the society or authorities.
Required Documents for ATM
Franchise Acceptable forms of identification include Aadhaar cards, Pan cards, and Voter cards. The activated bank account passbook is required. Residential proof such as a ration card or electricity bill is necessary. You need to provide your photograph, email address, phone number, and other personal information. Additional documents such as financial documents and a GST number may be required.
Procedure to Apply Online for Muthoot ATM Franchise in 2023 To apply for the Muthoot ATM Installation, follow the steps below:
- Visit the official website of the Muthoot Portal.
- Navigate to the homepage.
- Look for the Inquiry Desk option and click on it. Then select “Business” and a form will appear.
- Fill out the form with the required details, including your full name, gender, father’s name, email ID, and mobile number.
- On the new page, suggest an ATM location by providing details such as the area name, town, district, state name, pin code, nearest ATM, ATM distance, and the purpose of applying.
- Finally, submit the application.
Steps to Generate Profit from a Muthoot Finance Franchise Hitachi does not compensate for the cost of installing an ATM, but Muthoot pays a commission for each transaction performed through their ATMs. The more transactions conducted at Muthoot ATMs, the higher your earnings. You are responsible for monthly fees, including maintenance, cash loading, and holding charges. If you have more than 100 transactions per day, you can earn up to 1 lakh rupees per month. The company provides a rental fee of ten to fifteen thousand rupees for ATM installation.
Locations In India
|North India||Delhi, Himachal Pradesh, Haryana, Punjab, Uttarakhand|
|East||Assam, Meghalaya, Manipur, Nagaland, West Bengal, Odisha, Sikkim, Tripura, Mizoram, Arunachal Pradesh|
|West||Gujarat, Goa, Maharashtra, Rajasthan|
|South Indian||Kerala, Karnataka, Andhra Pradesh, Telangana, Tamil Nadu|
|Central India||Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand.|
|UT||Chandigarh, Pondicherry, Lakshadweep, Daman and Diu, Jammu and Kashmir, Ladakh|
Contact Information for Muthoot ATM Franchise Sales Inquiry:
- Company Toll-Free Customer Care Number: 1800 313 1212
- North and West India: 1800-313-1212
- South India Region: 99469-01212
Head Office Number:
- Telephone No.: +91-484 -2396478 and 2394712
- Fax Number: +91-484 -2396506
Company Corporate Number for North India:
- Telephone No.: +91-11-4669 7777
- Fax Number: +91-11-46697746
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