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Home / Rent and Lease / Commercial Space / I want install ATM in my property ?
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I want install ATM in my property ?

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-1 2021-11-26T18:39:23+00:00
If you want to rent your property to bank ATM, you should know which bank is trying to rent a place in your area. You can easily find it out by visiting the official bank websites,  checking ads in the newspaper, or talking to property dealers in your area. After that, submit an application for the same to the bank which has the requirement in your area. The bank officials will then review your application. After they approve the application, they will ask you to submit details and documents! I hope I hope now you have some clarity on your “I want to give my property on rent to bank ATM” query. Prerequisites for installing an ATM on your property:
  • Your property should be in a busy locality that doesn’t have any ATMs nearby.
  • It should be free from any encumbrances.
  • It should measure 60 to 80 sq. ft. approximately.
  • You should’ve sound personal and business credentials.
  • You should’ve a minimum of 5,00,000 of savings to invest (Rs 3,00,000 to manage and undertake the everyday ATM operations and Rs 2,00,000 for a security deposit).
  • You are required to have the commercial usage approval and other required approvals.
How to Contact Bank to Rent Your Property for ATM This process is very time-consuming so if you want to rent out your property quickly, you can post a free property ad on NoBroker. Rent out your Property Hassle-free through NoBroker! This is how to rent your property to bank ATM.

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-5 2021-11-19T19:34:58+00:00

Installing an ATM on your commercial property is not a difficult feat. It will give you an opportunity to get rental income. There are numerous advantages to installing an ATM on your property. Check out my answer below to know how to apply for atm machine in my village.

 Eligibility to rent my space for ATM:

  • The surface area of the property should be 60-100sq ft

  •  The  property should be located in a commercial place.

  •  The  property’s ceiling should be constructed with Class B concrete.

 The process to apply for ATM machine in my village :

  • I wrote an application to the bank

  • I mentioned details about the property within the application including the address of property, the year when property was constructed, etc.

  • Financial institution aka Bank then checked  my property and the application that I submitted

  • After a careful verification and scrutiny,  my application got approved

  • We signed the agreements with all the terms and conditions mentioned in their and my property got leased by the bank

The bank authorities also helped me out to get in touch with the best people to install an ATM machine.

I hope I answered your question about how to apply for atm machine in my village.

If you are looking for some other ways to give your property on rent then you can list it on real estate websites like NoBroker.

Post your property for Free on NoBroker here

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