Exciting Opportunity to join Indicash ATM Franchise
About
- The Indicash ATM network is operated and managed by Tata Communications Payment Solutions Ltd. (TCPSL), a wholly-owned subsidiary of Tata Communications Limited, backed by the Tata group.
- Indicash is the leading White Label ATM Operator in the country. Driven by Tata’s ethos of
- empowering masses, Indicash today have earned the trust of more than 1.5 cr users per month
- and is also also one of the largest private ATM operator in rural geographies.
- Indicash now brings an exciting business proposition for entrepreneurs with Indicash ATM
- Franchise Business Model – An Asset Lite, High Margin Business Opportunity with Minimal
- Investment.
- Join us in our endeavor to keep India #CashEmpowere
Why become an Indicash ATM Franchisee?
Entrepreneurial Opportunity
Partner with India's leading White Label ATM Operator, backed by the trusted TATA group
Minimal & One-Time Investment
Make an initial investment with refundable* security deposit
High Return on Investment
Potential to achieve ROI of upto 33% in year 1 and upto 53% in year 5
Flexible Business Model
Leverage an existing Indicash site or propose self- owned/leased commercial space
Training and Technical Support
Dedicated backend support team by TCPSL
How does it work?
Shortlisting of Site
Based on business requirement, either choose from existing Indicash site/s or propose self-owned/leased commercial space
Franchise Onboarding
Contractual Agreement, Security Deposit (refundable*), Documentation and Account Opening
ATM Room Readiness*
Civil, Carpentry, Cash Loading by Franchisee
ATM Go Live Support*
ATM, VSAT, Batteries, Branding and RBI mandated marketing collaterals, provided by TCPSL
Launch of ATM
Inauguration of the Indicash ATM Franchise site
Manage ATM Operations
Regular Cash Loading, First Level Maintenance and Upkeep of Equipments & Site
Earn with Every Transaction
Opportunity to earn revenue share with every cash and non-cash transaction
Requirements for ATM site
Shop in Shop Model
Starting a Franchisee
One Time Investment
Sequrity Deposit
Rs.100000
Cash Loading Fund
Rs.200000
No - Dealer Providing Offer only Digibiz via DotThings can only possible this offer.
Valud upto 31.01.2024 only * `59,000 (incl.taxes) will be deducted from initial investment. Standard model offering customizable subject to commitment of volumes in business.
Scope of Responsibilities
TCPSL
Capital Expenditure - ATM & Other Assets
Brandings at Site
Asset AMC
Switching Infrastructure
Transaction Reconciliation
Second Line Repair and Maintenance
FRANCHISEE
Site Sourcing & Construction
Site Rental & Landlord Management
Electricity Bill Payment
Cash Replenishment
First Level Maintenance
Upkeep & General Maintenance as per Quality Guidelines
Franchise Monthly Earning
Start earning from your first ATM Transaction!
The initial investment of `2 Lacs is excluding cash loading fund of minimum `3 Lacs. The cash loading fund will increase according to the dispense from the ATM to maintain cash of minimum 1.5 days in ATM.
Franchise can opt to relocate the exsisting ATM (as per agreement) with a small amount, which will be deducted from the initial investment depending on the new location.`0 Monthly Fixed fee.Franchise’s Responsibility: Cash Replenishment, Site Rent (if applicable), Electricity Bill and House Keepin