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With the increasing demand for easy cash access in both urban and rural areas, ATM franchises are becoming a popular way for individuals and small business owners to earn steady, passive income. If you have a property in a good location, starting an SBI ATM franchise can be a smart and secure investment.
This guide covers the SBI ATM franchise cost, eligibility, profit potential, application process, and frequently asked questions.
What is an SBI ATM Franchise?
The SBI ATM franchise allows individuals or businesses to host an SBI-branded ATM on their property. However, SBI (State Bank of India) itself does not directly lease ATMs — instead, the setup is handled through authorised third-party companies known as TSPs (Third-Party Service Providers).
Some of the key TSPs associated with SBI include:
- Tata Indicash
- India One ATM
- Muthoot ATM
- AGS Transact Technologies
When you partner with a TSP, you provide the space and basic setup, and they handle the ATM operations, security, and maintenance.
SBI ATM Franchise Cost (2025)
Here’s a breakdown of the approximate cost involved in setting up an SBI ATM franchise:
| Cost Component | Estimated Amount |
| Non-refundable Application Fee | ₹2,000 – ₹5,000 |
| Setup Cost (interiors, electricity, civil work) | ₹2 – ₹3 lakhs |
| Security Deposit (refundable) | ₹2 – ₹3 lakhs |
| Total Investment | ₹5 – ₹7 lakhs |
- Space Required: Minimum 50–80 sq. ft.
- Must be on ground floor with 24×7 access and power backup
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Eligibility Criteria
To qualify for an SBI ATM franchise, you should meet the following conditions:
- Own or lease a commercial or semi-commercial property
- Property must be in a high-footfall area (near markets, colleges, bus stands, etc.)
- Have space for ATM cabin, power connection, and basic security provisions
- Ability to invest ₹5–7 lakhs upfront
- Willingness to sign a long-term lease (usually 9–10 years)
How Much Can You Earn?
Here’s what your monthly earnings from an SBI ATM franchise might look like:
| Income Source | Earning |
| Rent (fixed) | ₹15,000 – ₹25,000/month |
| Commission per transaction | ₹5 – ₹10 per transaction |
| Monthly Total (avg. range) | ₹30,000 – ₹60,000 |
Your earnings depend on location, transaction volume, and footfall. Urban locations usually have higher usage.
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Benefits of an SBI ATM Franchise
- Passive income with low day-to-day involvement
- Trusted brand (SBI) with high transaction volume
- ATM operations managed by professionals (TSP)
- Minimal maintenance and hassle-free setup
- Long-term lease offers steady income
How to Apply for SBI ATM Franchise
Follow these simple steps:
Step 1: Choose a TSP Partner
Apply through authorised third-party operators like:
Beware of fake websites. Always verify authenticity.
Step 2: Fill Out the Franchise Application
Submit:
- Your name, location, and contact details
- Property size, photos, and ownership proof
- Basic infrastructure available (power, water, etc.)
Step 3: Site Inspection
If shortlisted, a field officer will visit and assess your location.
Step 4: Sign the Agreement
You’ll be offered a lease or franchise contract. Once approved, pay the security deposit.
Step 5: Setup & Launch
After site preparation, the TSP installs the ATM machine, network, security, and branding.
Key Takeaways
- SBI ATM franchises are operated through third-party providers, not directly by SBI.
- Investment ranges from ₹5 to ₹7 lakhs depending on location and infra.
- Monthly earnings can go up to ₹60,000, especially in high-footfall areas.
- Setup and maintenance are handled by the TSP — you provide space and utilities.
- It’s a low-risk, passive income opportunity for property owners.
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Conclusion
If you have a strategically located property and want to generate regular monthly income without actively running a business, an SBI ATM franchise can be a great option. With minimal operational headaches and backing from India’s most trusted bank, it’s a smart long-term investment — especially in a cash-reliant country like India.
Always apply through official third-party partners and avoid middlemen or unofficial agents.
FAQs
1. Does SBI directly offer ATM franchises?
No. SBI uses third-party companies to manage and install their ATMs.
2. What is the total cost to set up an SBI ATM?
₹5 to ₹7 lakhs, including infrastructure and deposit.
3. How much space do I need?
Minimum 50–80 sq. ft. on the ground floor.
4. How much can I earn monthly?
₹30,000 to ₹60,000, depending on transactions and rent terms.
5. Is the franchise fee refundable?
Only the security deposit is refundable. Application fees are usually non-refundable.
6. Do I need to operate the ATM?
No. The operations and cash management are handled by the TSP.
7. How long is the lease or agreement?
Usually 9–10 years with fixed or performance-linked rent.
8. Is power backup mandatory?
Yes, you need to provide power backup and security (CCTV or basic security features).
9. What documents are needed to apply?
Property ownership/lease papers, ID proof, utility bills, photos of the space.
10. How to avoid franchise scams?
Only apply via the official websites of companies like Tata Indicash or India1 ATM.
