If you have a property and want to rent it out for ATM purposes, then I must tell you it is a great idea. Renting out properties to other businesses is more practicable since finding potential tenants can be difficult at times. It not only requires verifications and background checks but also risks related to long-term vacancies. This is why renting out your shop to banking institutions is a hassle-free option. Let me tell you how to apply for ATM machine installation.
How to Apply for ATM Machine in My Shop
- Submit an application in an NBFC or bank for ATM installation. In this application, you should mention property details like nearby landmarks, locality, area, etc.
- After that, your application will be reviewed and processed according to the footfall and demand in the locality. Generally, financial institutions prefer freehold properties that are free from any encumbrances or mortgages.
- After the approval, you will have to submit other necessary details in the standard prescribed form.
- Finally, the financial institution will enter into a rental agreement with you.
- You will also have to give space for a dish facility and server room for network connectivity.
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How to apply for ATM machine?
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2021-10-08T18:08:05+00:00 2021-10-14T14:11:51+00:00Comment
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