Tata Indicash ATM Franchise – Requirements, Cost, Earning, Applying Process, Contact Details

Tata Indicash ATM Franchise – Requirements, Cost, Earning, Applying Process, Contact Details

Hello friends, do you want to become a ATM franchisee of a popular brand in India? So, choosing Tata Indicash ATM Franchise would be a great option. In this article we discuss about getting Tata Indicash ATM Franchise, investment, commission, applying process, documents required and much more.


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 first and one of the largest White Label ATM Operator in the country. The brand Is spearheading ATM penetration in a country that has one of the lowest ATM accessibility, with 22 ATMs per lac population as compared to developed countries. Driven by Tata, ethos of empowering masses. Indicash today enjoys the trust of ~1.5 cr users per month and is also the largest private ATM operator in rural geographies.

Indicash now brings an exciting business proposition for entrepreneurs with Matadi ATM Franchise Business Model – An Asset Lite. High Margin Business Opportunity with Minimal Investment. Join us our endeavour to keep India #CashEmpowered.


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Tata Indicash ATM Company Overview:
IndustryFinancial Services
TypePublic Company
Company size1,001-5,000 employees
Mumbai, Maharashtra
SpecialtiesWhite Label ATM deployment, White Label ATM Solution for Banks, and ATM Advertising


What is an ATM Franchise business?

An ATM Franchise is a promising business opportunity for established or aspirant entrepreneurs, to earn by operating and managing White Label ATM/s. It is a high margin, asset lite cum minimal investment business, whereby you can earn with every cash and non-cash transactions undertaken at a WLA ATM.

ATM franchise opportunities are a relatively new and expanding market. In exchange for keeping a steady supply of cash on hand, consumers normally pay a service charge for each transaction. This charge goes towards the upkeep and maintenance of the machine and directly to the owner of the business.


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tata indicash atm franchise

Why you should become Tata Indicash ATM Franchise ?

Entrepreneurial Opportunity: Partner with India’s largest White Label ATM Operator. backed by the trusted TATA group
Minimal Investment: Make an initial investment with refundable. security deposit
High Return on Investment: ROI @33% in year 1 and potential to move up to 53% in year 5
Flexible Business Model:  Leverage an existing Indicash site or propose self-owned/leased commercial space
Complete Ownership to Drive ATM Uptime: Cash Loading. First Line Maintenance and Promotions by Franchisee
Training and Technical Support: Dedicated backend support team by TCPSL.


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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. Training and Support by TCRSL.
Launch of ATM Inaugural of the Indicash ATM Franchise site.
Manage ATM Operations Regular Cash Loading, First Level Maintenance, and Promotions by Franchisee.
Earn with Every Transaction Opportunity to earn revenue with every cash and non-cash transaction.


Tata Indicash ATM Franchise


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Scope of Responsibilities:

Capital Expenditure – ATM & Other AssetsSite Sourcing & construction
Brandings at SitesSite Rental & Landlord Management
Asset AMCElectricity Bill Payment
Switching InfrastructureCash Replenishment
Transition ReconciliationFirst Line Repair & Maintenance
Second Line MaintenanceUpkeep & General Maintenance as per quality guidelines

Onboarding and documentation requirements to be an Indicash ATM Franchisee?

  • Identity: Aadhaar Card, Pan Card, Pan Confirmation Letter to fill.
  • Address Proof (KYC, Electricity Bills for self-owned shops and Landlord agreement for rental space)
  • Proprietorship/Partnership/LLP Documents (Trade Name, GST No)
  • Bank Account Opening (New bank account tagged for waiver as per 194N)
  • Submission of Documents & Agreement( Agreement in Rs. 100 Stam Paper in 2 Set required).
  • Payment of Security Deposit (Refundable deposit of 5lacs in the form of Demand Draft)

Why Partner with Tata Indicash?

  • Association with Tata Brand
  • Entrepreneurial Opportunity
  • Minimal Investment
  • High Return on Investment
  • Dedicated Support and Training

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How to Apply for the Tata Indicash ATM Franchise ?

To apply for the Tata Indicash ATM franchise, you have to follow some steps which is given below:

  • Choose from any of the Indicash ATM Franchisee business models:
    • Option 1: Onsite Model where you can select an existing Indicash ATM location for starting a Franchise business.
    • Option 2: Offsite Model where you can propose a self- owned/leased, high footfall commercial space of 60-80 sq ft.
  • Once the site is shortlisted, simply enter into a contractual agreement, and complete the onboarding process.
  • Make a minimal investment of approx. Rs 3 lac to run the daily ATM operations and pay one- time refundable deposit of upto Rs 2 lacs.
  • Get trained, launch the ATM operations, and start earning with every transaction from day one.

Or you can contact to the company on 1800 266 2660 or contact us for installation.

F.A.Q(Frequently asked question):

Q.  Is ATM Franchisee a good business opportunity?

Ans: Yes, If you are looking for a business opportunity that gives you a good return on investment(ROI) with minimum investments ATM Franchise is a good option for you to consider.

Q. What is the investment to start an Indicash ATM Franchise?

Ans: You can start by making a minimum investment of Rs 2 lacs as a one-time refundable* deposit and approx. Rs 3 lacs to run the daily ATM operations.

Q.  I have no experience in handling the ATM operations, can i apply for the Indicash ATM Franchise?

Ans: Yes, you can apply for the Indicash ATM Franchise. Because, officials team will provide necessary support as part of the onboarding process to train you on handling the daily ATM operations like First Level Maintenance (FLM), Cash Loading and Cash handling etc.

Q. Is there any lock in period as part of the arrangement?

Ans: Yes, there is a minimum lock in period of 1 year. A clawback of Rs 1 lac will be applicable if the franchisee partner exits the business within 1 year.

Q. How much can I earn by being an ATM Franchisee?

Ans: ATM franchisee owner can earn good and a steady Return on Investment ranging between 33% to 50% +. You can earn up to Rs 8 for every cash transaction and up to Rs 2 for every non- cash transaction.

Q.  How can I contact to be an Indicash ATM franchisee?

Ans: All the information is given above. You can call on 1800 266 2660 . Or you can fill this form click here.

If you need any help from our team then please fill the contact form our team will contact you soon. And if you like this post then please share this post.

 Stay Alert #SahikoPehchano

Please stay alert of all fraudulent parties who are misusing trademarked Indicash brand name, to dupe people financially on account of extending franchisee or renting out space for ATM, through fraudulent websites, apps and impersonating as Indicash officials. PLEASE REFRAIN FROM ENTERING INTO ANY FINANCIAL ARRANGEMENT WITH ANY PARTIES, UNTIL NECESSARY CREDENTIAL CHECKS ARE UNDERTAKEN AND THE SOURCE OF CONTACT LIKE WEBSITES, EMAIL IDS, GOOGLE ADS AND APPS ARE THOROUGHLY VERIFIED.

Public at large are advised that Indicash ATM network owned and operated by  Tata Communications Payment Solutions Ltd (TCPSL) DOES NOT make any demands for any kind of cash transactions for onboarding interested Indicash ATM franchisees. We do not raise any requests with interested parties for bank transfers on account of processing fee or registration fee. Only after necessary credential checks, verification of documents, site shortlisting and initiation of agreement signing, a demand draft is requested by TCPSL authorised officials, which is taken as security deposit (refundable).

Anand Sharma

Hello, my name is Anand Sharma. With over 3 years of experience in content creation within the business niche, I have honed my skills in business analytics and management. Throughout my career, I have successfully supervised a team of content writers, ensuring the delivery of high-quality and engaging content. I am passionate about leveraging my expertise to provide valuable insights and contribute to the success of your business.

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