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Business Idea: Many people’s entire salary gets wasted just to meet the household expenses. But if you are looking for a way of side income from which you can earn Rs 20,000 to Rs 30,000 every month and that too without much investment, then it is absolutely possible. You can do such a business which will ensure your huge income every month.
If you are not able to meet your household expenses despite working, then there is no need to worry. You can earn good income even by doing just a small business.
This idea of earning money can give you huge income every month. You can print lakhs of rupees just by installing an ATM machine at home or shop. In India, banks and some private companies keep looking for places to install ATMs.
(caption id=”” align=”alignnone” width=”1200″) If you have vacant space in a busy roadside market or residential area, then this business is for you. Due to more customers, banks are increasing ATMs rapidly and pay good rent for the space. Some banks even pay commission.
If you have 50 to 80 square feet space on the ground floor. Apart from this, parking is good and people can easily come and go to this place. Also, if there is 24 hours electricity, your business can be set up easily.
For this business you will also have to get NOC from the authority. It is also necessary to have 1 kilowatt electricity connection and space for signage. If all this goes well then the banks themselves agree to the ATM.
Talking about earning, banks or companies pay up to Rs 2 lakh every year in electricity and space rent. This means you will get a good amount of money per month and at the same time, commission will be equal to the number of transactions.
For example, on 100 transactions one can earn up to Rs 1 lakh per month. You can also fill the online form by visiting the websites of many companies and enter all the details. Also, upload all photo locations.
If approval is given, the company people will come and check. Then a lease agreement will be signed for a few years. After the expiry of the period, it has to be renewed in 3 to 5 years. It is written in the agreement that you cannot remove the ATM for this period of time. If the location of your ATM is good then you can earn from Rs 20-30 thousand to lakh per month. If there are more transactions, you will earn more.
