“I want my shop to be rented for bank ATM so what’s the process” is one question everybody asks me since my neighbor next door installed an ATM in his shop. Finally, I asked him about the process yesterday and this is what he told me:
Your property should measure 60 to 80 sq ft approximately and it should be free from any encumbrances.
Your property should be a commercial property and it should have all the required approvals from concerned authorities for installing an ATM in your property.
Your property should be in a crowded locality that does not have any ATM nearby.
Find out which financial institutions have the requirement for a rental property in your locality. For this, you can talk to bank officials or local property dealers or, visit the official websites of reputed banks, and check ads in the newspaper regularly.
Once you know which financial institution has the requirement in your area, you have to submit an application regarding installing an ATM. Don’t forget to include details like complete address, site photos, contact number, email id, carpet area, etc.
Finally, the bank will approve your application after checking all the details.
Since it usually takes weeks or even months, I suggest you post a property advertisement on NoBroker to rent out your property hassle-free.
Get your Property Listed on NoBroker and Enjoy Rental Income Every Month!
I have space and would like to give on rent for atm machine
Anonymous
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3 Year
2021-11-30T18:20:35+00:00 2021-11-30T18:34:49+00:00Comment
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