PNB ATM Franchise: Apply Online, Rent Application Form, Contact Number

There are many types of businesses in this world but franchise business is more suitable for those who do not want to take big risks and have less money. If you are interested in opening a PNB ATM franchise business then you can take complete information from this blog post and apply. I will try to make the process hassle free and you can apply easily. Population is increasing in urban areas and people avoid going to bank cash counters to withdraw money. The demand for ATMs is increasing in cities. So, if you have some commercial real estate then you can earn rental income from this franchise business.

PNB ATM Franchise

PNB known as Punjab National Bank that established in May 1894 as a government bank. It has launched its franchise business model in which people invest money and give space for an ATM. It is the third largest business in turnover and second in terms of network. 180+ million people are customers of this bank and open in 12,248 locations with 13000 ATMs. It is controlled by the RBI. By leasing the poverty, many people make money and you can also do the same. Many real estate people know the power of rental income. You do not need to work and you will get a monthly payout.

You have to set up a PNB Franchise in big cities like Delhi, Bangalore, Hyderabad, etc. Because all the people who live in big cities are familiar with ATMs and use them daily. You just need to select a good area where people use ATMs. If you want to apply for PNB ATM Franchise Apply Online then you can follow this post for more information. I have mentioned other information about this business so that you have a clear understanding of this business.

PNB ATM Franchise Application Form: Overview

PNB ATM Franchise – Types Of Rentals ATM

Only three types of Punjab National Bank Rentals ATMs. You can get information below under this section. Whatever is perfect for you, go with that.

1) White-label ATM: In today’s time, no bank owns White-label ATMs. In 2011, RBI authorized white-level ATMs to overseas subsidiaries. This has been done under the Companies Act. The bank and service network provider complete the service level agreement to run this non-banking business that verifies the cash flow of the ATM. It is available for all people but the service cost is high.

2) Brown-label ATM: Under brown-label ATMs, people share expenses or outsource ATM activities to a different party. However, the sponsoring bank will handle network connection and cash management. ATM equipment is handled by the service provider. If a bank is providing funding then you can see the bank logo on an ATM. It is the best cost-saving category.

3) Franchise ATM: Franchising is the popular method where you utilize commercial space for getting rental income. You will get a franchise and the bank will help you with each activity.

Steps to Apply Online for the PNB ATM Franchise Process

The ATM installation process is very easy but you have to request this installation. The following steps are –

1. In the first step, you have to contact a licensed dealer or real estate agent.
2. Then, you have to submit an ATM application to the bank or non-banking financial institute.
3. Now you have to fill up the application form carefully. You have to provide different information such as city, area, attractions of the area, population, educational level of people, etc.
4. Now your application is under process and it will be verified.
5. If your application is accepted then you have to fill out the standard form in which you need to provide additional information.
6. Then lessor will come for a lease arrangement for the property.
7. They will install an ATM at your place.

PNB ATM Franchise Rental Income

You will get 15 rupees If someone makes a withdrawal through your ATM and 5 for non-transection. If you complete the 200 transection then you will have 50,000 to 60,000 per month. Each activity will affect your income. This amount you can easily make by leasing revenue. This franchise bank will also help you with the installation of the machine.

PNB ATM Franchise Rent Aplication Form

If you want to apply for this franchise then you have to follow these steps,

• First, you need to visit the bank branch and contact the staff.
• They will tell you the whole process and check your rental space for ATM
• You ask for the application form.
• You have to fill out the application form by accepting all rules and regulations.
• After that, submit this application with documents.
• Now you can able to install a PNB ATM.

PNB ATM Franchise Contact Number