A Complete Guide to be a FindiATM Franchisee
1. What is an ATM Franchise Business?
An ATM Franchise is a promising business opportunity for established or aspirant entrepreneurs, to earn by operating and managing White Label ATM/s. It is a high margin, asset lite cum minimal investment business, whereby you can earn with every cash and non-cash transactions undertaken at a WLA ATM.
2. Is ATM Franchisee a good business opportunity?
Yes, given the low penetration of ATMs in the country across tiers, with only 22 ATMs available per lac population, there is a high demand for ATMs in India. If you are looking for a business opportunity that gives you a healthy return on investment with minimal investments ATM Franchise is a good option for you to consider.
3. How can I be a FindiATM Franchisee?
You can be a FindiATM Franchisee in 4 simple steps:
Choose from any of the FindiATM Franchisee business models:
Option 1: Onsite Model where you can select an existing FindiATM location for starting a Franchise business.
Option 2: Offsite Model where you can propose a self- owned/leased, high footfall commercial space of 60-80 sq ft.
Once the site is shortlisted, simply enter into a contractual agreement, and complete the onboarding process.
Make a minimal investment of ₹ 5 lacs to run the daily ATM operations.
Get trained, launch the ATM operations, and start earning with every transaction from day one.
4. What is required to be a FindiATM Franchisee?
The following are the pre-requisites to be a FindiATM Franchisee:
Financial ability to invest a minimum of ₹ 5 lacs to manage and undertake the daily ATM operations.
Entrepreneurial spirit to manage and grow the business with complete ownership.
60-80 sq ft of commercial shop in high footfall location (in case of offsite model)
Sound Personal and Business Credentials.
5. What is the investment I need to make to start a FindiATM Franchise?
The cost of starting a FindiATM Franchise is comparatively low. You can start being an FindiATM Franchisee by making a minimum investment of ₹ 5 lacs to run the daily ATM operations.
6. I have no experience in handling the ATM operations, will I be able to manage and operate a FindiATM Franchise?
FINDI officials will be extending the necessary support as part of the onboarding process to train you on handling the daily ATM operations like First Level Maintenance (FLM), Cash Loading and Cash handling etc. Moreover, dedicated resources will be available to support the franchisee on a regular basis for undertaking smooth business operations.
7. What are the responsibilities of the FindiATM Franchisee Partner?
The broad scope of responsibilities of FindiATM Franchisee Partner are:
Ensuring the ATM room is customer ready before the launch (Civil, Carpentry etc)
Managing Regular Site Related Expenses – Site Rentals, Electricity Bill Payment, Housekeeping and regular site upkeep and maintenance, refurbishing branding as required etc.,
Managing Daily ATM operations – In Time Cash Loadings, Handling First Level Maintenance (FLM) Instances, ATM inaugural and promotion in neighbourhood as per Findi Branding Guidelines, Regular site upkeep and maintenance
Post Go Live – Ensuring the ATM operations are managed and operated ethically and in sync with Tata Brand Reputation & set guidelines.
8. Is there any lock in period as part of the arrangement?
Yes, there is a minimum lock in period of 1 year. A clawback of ₹ 1 lac will be applicable if the franchisee partner exits the business within 1 year.
9. How much can I earn by being an ATM Franchisee?
With FindiATM Franchisee you can earn with every transaction from day one with no minimum transaction criteria. Depending on the business ownership undertaken by the franchisee partner and the location potential, an ATM franchisee owner can earn a healthy and a steady Return on Investment ranging between 33% to 50% plus. As an introductory offer you can earn up to ₹ 8 for every cash transaction and up to ₹ 2 for every non- cash transaction.
10. Why should I opt for FindiATM Franchisee?
FindiATM network, is an RBI licensed WLA network and one of the largest WLA ATM brands. With this asset lite business model, you can start your entrepreneurial journey with minimal investments and earn healthy returns of up to 33% in year 1 itself. Moreover, you can contribute to empower Indians across the country with Cash accessibility by expanding the ATM network.
11. Whom do I contact to be a FindiATM franchisee?
You can share your contact details on our official website:
Or Call our Toll- free number 1800 2662 660
Our Representatives will contact you shortly as per the business requirements.
*Refundable Security deposit based on the business model | # ROI Based on calculation of 100 transactions/ATM/month in year 1 with 10% increment each corresponding year.
Disclaimer: Return on investment (ROI) projections are based on Business/Market estimates/past performances and does not furnish any type of guarantees or assured returns on the investments. Each Franchisee’s success depends on their individual efforts and circumstances. Findi India Ltd. is not liable for any kind of express or implied loss/claims/ damages on investments to franchisee due to any reason which includes but not limited to the data accuracy, availability, any information or the given business projections, the investment decision of the franchisee should be based on their independent business acumen and not to be influenced by any proposed projections.
12. Onboarding and documentation requirements to be an Findi ATM Franchisee?
- Identity and Address Proof (KYC, Electricity Bills for self-owned shops and Landlord agreement for rental space)
- Proprietorship/Partnership/LLP Documents (Trade Name, GST No)
- Bank Account Opening (New bank account tagged for waiver as per 194N)
- Submission of Documents & Agreement
- Payment of Security Deposit (Refundable deposit of ₹ 5lacs in the form of Demand Draft)
Stay Alert #SahikoPehchano
Please stay alert of all fraudulent parties who are misusing trademarked Findi brand name, to dupe people financially on account of extending franchisee or renting out space for ATM, through fraudulent websites, apps and impersonating as Findi officials. PLEASE REFRAIN FROM ENTERING INTO ANY FINANCIAL ARRANGEMENT WITH ANY PARTIES, UNTIL NECESSARY CREDENTIAL CHECKS ARE UNDERTAKEN AND THE SOURCE OF CONTACT LIKE WEBSITES, EMAIL IDS, GOOGLE ADS AND APPS ARE THOROUGHLY VERIFIED.
Public at large are advised that FindiATM network is owned and operated by Findi India Ltd. DOES NOT make any demands for any kind of cash transactions for onboarding interested FindiATM franchisees. We do not raise any requests with interested parties for bank transfers on account of processing fee or registration fee. Only after necessary credential checks, verification of documents, site shortlisting and initiation of agreement signing, a demand draft is requested by FINDI authorised officials, which is taken as security deposit (refundable).
FINDI is not responsible or liable for any loss or damage resulting from the illegal activities of these third parties.
You are advised to visit our official website only https://findiatm.com/ for any further queries, or call our toll free number 1800 266 2660 for any enquiries.