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How to install ATM in my commercial place?

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0 2022-10-28T18:11:36+00:00
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Hey Friend,

The following list contains the commonly accepted requirements for requesting an ATM installation on commercial property;

  • Make an application for the installation of an ATM at a bank or another Non-Banking Financial Company (NBFC). Complete property information, including region, locale, and neighbouring landmarks, should be included in the application.

  • The institution will examine the project, determine the demand and foot fall in the area, and process the application as necessary. Typically, banks favour freehold properties without liens, encumbrances, etc.

  • Once your application has been approved, you will need to provide the remaining information in a designated format.

  • Additionally, the landlord must offer a space for a server room and a dish for network connectivity.

  • With regards to the property, the bank or NBFC will engage into a lease agreement with you.

Banks often charge between Rs 62 and Rs 210 per square foot in rent. However, depending on the current market pricing, the area, and the amount of prospective daily transactions, this is subject to vary.

Click here to find out how to rent your store for an ATM installation. Start earning money right away, by posting a free real estate listing on NoBroker. Your commercial property will rent out more quickly via NoBroker

I hope this helps:)

Read More:

How to rent out my commercial space for ATM

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Vaishali Kakkar

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