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How much is paid by banks in advance and then as monthly rental if they install on ATM machine on my property? My shop is in Mumbai(near vikhroli) 10*35 sq.feet.... what's the procedure to contact a bank for this?? my contact: **********

Commercial shop Available on rent In vikhroli East In very prime location. Busy area.
By santosh   4 years ago  175 views
The Payment will depend on a lot many factors like location, size, etc.

TCPSL (Tata Communications Payment Solutions Ltd.) is authorized by RBI to open ATMs in the country. TCPSL became the preferred choice for RBI to introduce White Label ATMs given its leadership, credibility and track record in deploying and managing a contracted 27,000 ATMs for banks in India.

TCPSL will be deploying 15,000 Indicash ATMs in a record time of three years. The company plans to roll-out a total of 5,000 White Label ATMs in the first year. While 67 percent of these will be deployed in semi-urban and rural areas, 33 percent will be installed in metro and urban markets.

If you have a space fit for an ATM, please fill in a simple form available on their Website http://www.indicash.co.in/rent-your-space with details about your property, upload a few snaps and we will be more than happy to partner with you.

Additionally you need to contact the Regional Manager of the concerned Bank with complete details and documents of the Property along with a written application. Please select a Bank which does not have an ATM in 2 Km radius.

Additionally you can also visit http://www.bankingonly.com/index.php?page=Bank-ATM-Branch-Space-Available.php
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Shubham Singhal 4 years ago
it varies from location to location. but average price is approx 20k per month
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