UPI ATM Machine Franchise Business in 2024 – How to Apply, Total Cost of Investment, Profit Margin: Taking Franchise of UPI ATM Machines is a clever business idea now a days. Investing in a UPI ATM machine business presents an innovative gateway into the financial technology sector in India. This digital mode of banking offers customers a secure and efficient way to withdraw cash through Unified Payments Interface or UPI. So, if you want to install UPI ATM, read the complete information about the Franchise application process, How much Money required to invest and profit margin.
Table of Contents
UPI ATM Machine Franchise Summary
| Business Name | UPI ATM Machine Franchise |
| Machine Type | ATM |
| Company | Hitachi |
| Objective | UPI Related Cash Withdrawal |
| Facility | Digital Banking |
| Article Category | Franchise |
| Official Website | www.hitachi-payments.com |
UPI ATM Withdrawal Limit
UPI-enabled ATMs allow withdrawals up to ₹10,000 per transaction. These limit can be increased by the beneficiary through their banking app.
Limit is capped to the withdrawal as per the safety and regulations from RBI.
Data & Documents Required For Franchise
Keep the following documents ready while filling p the application form:
- Name
- Mobile No.
- Email ID
- Location
- GST Number
- Trade License
- Land / Shop Document etc.
How To Apply Online for UPI ATM Machine Franchise?
- Go to the UPI ATM franchise providers online such as www.hitachi-payments.com.
- Now, visit the provider’s website and fill out the franchise application form.
- Keep your documents ready while submitting online application form.
- Then, submit the completed form and documents online through the specified portal.
- Your application will be reviewed.
- Pay the franchise fee and make agreement with the company.
- Your ATM will be installed.
UPI ATM Machine Franchise Cost
Initial investment for acquiring UPI ATM franchise involves expenses such as franchise fee, license fees, equipment costs, operational expenses. Franchise Cost may vary based on the location, and services offered.
The investment cost required for franchise will be tentatively 5-10 Lakh Rupees.
Profit Margin
The UPI ATM Machine Franchise presents promising profit margins to the business entrepreneurs. Profit margins for UPI ATM franchises ranges from 2 to 3%. The profit will depend upon the number of cash withdrawal as well as volume of transaction.
Hitachi UPI ATM Machine
Hitachi’s UPI Enabled ATM Machine offers cash withdrawal transactions via the UPI. You can visit the companies website for Hitachi UPI ATM machines franchise application. To install Hitachi ATM, you need to contact the company through the official website www.hitachimoneyspotatm.com. Also, send your email to wla-franchisee@hitachi-payments.com for Hitachi UPI ATM Installation.
Important Links & Contact Details
| UPI ATM Franchise Online Application | Click Here |
| Latest Business Idea | Click Here |
| Phone Number | 022 3954 1800 |
| Email ID | wla-franchisee@hitachi-payments.com |
Final Words
If you want to enter into Financial Technology Business, UPI ATM Machine Franchise in 2024 may be a lucrative business opportunity. At present there is not so much UPI ATMs available in Urban as well as Rural areas, you can take the opportunity to install ATM at your location and earn a handsome money.