Complete Guide to Starting an ATM Franchise in India (2025)

Starting an ATM franchise is one of the most secure ways to build a steady passive income in India. With cash circulation hitting new highs in late 2025, the demand for physical cash access points is growing despite the UPI boom.

1. What is an ATM Franchise?

Unlike a bank ATM, which is owned by the bank, a White Label ATM (WLA) is owned by private operators like Hitachi, India1, or EPS. You invest in the machine and space, and in return, you earn a commission on every transaction.

2. Investment Required (2025 Estimates)

The total investment typically ranges between ₹3 Lakhs to ₹5 Lakhs depending on the brand. This includes:

• Security Deposit: ₹50,000 - ₹2 Lakhs (Often Refundable).
• ATM Machine Cost: Often covered by the operator in specific models (e.g., Hitachi Emerald).
• Site Preparation: ₹50,000 (Civil work, glass door, flooring, V-SAT mount).
• Working Capital: ₹2-3 Lakhs for daily cash loading (if you choose the cash-loading model).

3. Monthly Earning Potential

Your income depends on transaction volume. You earn roughly ₹8-12 per cash withdrawal and ₹2-4 per non-financial transaction (like balance checks).

4. Documents Required

To apply, you need KYC documents (Aadhaar/PAN), proof of commercial space ownership or rent agreement, and bank details. The approval process usually takes 7-10 days.