Is Indicash ATM safe?
Indicash ATM network, is the first RBI licensed WLA network in the country and one of the largest WLA ATM brand. Indicash ATM Franchise gives you an opportunity to be associated with a reputed and trusted TATA backed ATM network.
How do I rent a house through ATM?
ATM installation process: Fill an application in a bank or Non-Banking Financial Company (NBFC) for ATM installation. The application should comprise complete details of the property such as area, locality, nearby landmarks, etc. The institution will enter into a lease agreement with you pertaining to the property.
Is Indicash ATM franchise profitable?
With Indicash ATM Franchise, you have the potential to earn an ROI of up to 33% in the first year itself. The Indicash ATM Franchise business model is a high margin, minimal investment and asset lite business opportunity, whereby you can earn with every cash and non-cash transaction.
How do I know if I have white label ATM?
White Label ATMs are like normal ATM. However, cash deposit or cash acceptance facility is not permitted at the WLAs. At White Label ATM you will not find logo of any bank like ICICI, SBI etc. You will find logo of White Label ATM operator on these ATMs.
Can I withdraw money from Indicash ATM?
Enjoy all ATM services, just like any other bank ATM: Customers of all banks in India can enjoy services like cash withdrawal, balance enquiry, mini statement, and pin change.
What is white label ATM?
Typically, white label ATMs, or WLAs, are the ATMs set up and operated by a non-bank. As a customer, one can use these machines just as a regular ATM. WLAs offer debit card services such as cash withdrawal and enquiry. Services: Besides dispensing cash, WLAs may also offer many other services and facilities to users.
How can I get white label ATM franchise?
Any non-bank entity with a minimum net worth of ₹ 100 Crores can apply for WLA licence. The primary objective of authorizing non-banks to operate WLAs was to enhance the spread of ATMs in semi-urban and rural areas, specifically in Tier III to VI areas, where bank-owned ATM network was not growing.