If you want to earn lakhs of rupees sitting at home, then this news is for you. SBI, i.e. State Bank of India, is giving you this special opportunity. If you have a little land of your own, then you can earn lakhs of rupees sitting at home by installing an ATM on your land. Here, we are giving you information about the complete process of getting an ATM.
Let us tell you that if you want to install an SBI ATM on your land, you will have to contact your nearest branch for this. There you will get complete information about this. You also have to fulfill certain conditions to get an ATM. If you fulfill all the conditions, you can easily get an ATM installed on your land. This verification is done by the bank. When your verification process is complete, the bank approves the installation of an ATM on your land.
Requirements for setting up an ATM
For this, you should have 50–80 square feet of space. Your location should be commercial and not residential. Your location must be at least 100 meters away from an ATM in another location. Your location should be on the ground floor with good visibility. Your location should have a capacity of at least 300 transactions. The ceiling of the ATM should be concrete. For installing V-sat you must have the NOC of your society.
Documents Required for Installing ATM at Home
When all the verification done by your bank is complete, you have to give some of your documents to the bank. You may be asked for ID proof, address proof, bank account and passbook, a photograph, an email ID, a phone number, a GST number, and financial documents. Apart from this, you may also be asked for refundable security or other necessary expenses. You also have to pay refundable security or other necessary expenses for this work. Apart from this, you can also rent your land for an ATM.