Sometimes, one does not need a colossal setup and terrible infrastructure to start a business in the modern world. When you are seeking a safe, low-service business model with monthly guaranteed profits, an ATM franchise is an outstanding option. The company operates White-label ATMs under the Hitachi Money Spot brand through Hitachi Payment Services, an RBI-licensed non-banking entity. It has more than 10,000 White-label ATMs throughout India.
As a deeply financially inclusive firm in semi-urban and rural markets, Hitachi has established itself as a reliable partner for businesspeople seeking to generate passive income through ATM franchising. This ultimate manual covers everything you need to know about the Hitachi ATM franchise, including the franchise cost, investment, potential earnings, and how to build a successful partnership as a franchisee.
Growing Demand for ATM Franchises in India
Although Indian payments and online banking are growing swiftly, ATMs continue to be a key component of the financial facilities in India. Most small towns and rural areas, where banking facilities are scarce, remain cash kings. The expansion of economic activity in Tier 3 to Tier 6 cities, along with the rising number of bank account holders, has driven significant demand for ATM services.
It is where White Label ATMs can be highly important. More than 75% of the Hitachi Money Spot ATMs are strategically positioned in semi-urban and rural areas, helping close the banking gap and providing local communities with easy access to financial services.
What Is Hitachi ATM Franchise?
Hitachi ATM franchise is an exclusive business proposal created by Hitachi Payment Services that enables businesspersons, shop owners, and individuals to install White Label enhanced Automated Teller Menus and generate profit through a revenue-sharing strategy. With the approval of the Reserve Bank of India, White Label ATMs operate in contrast to traditional bank-run ATMs, which do not qualify as such.
Hitachi Money Spot ATMs are considered a key to most banking services, such as cash withdrawals, balance checks, mini statements, and cash deposits at some locations. Hitachi offers full support to franchisees, such as setting up, maintaining, and providing software, as well as 24×7 technical support.
Why Entrepreneurs Are Choosing Hitachi Money Spot ATMs
- Authorize: The Reserve Bank of India can officially deploy the services and license White Label ATM deployment in the country under the name Hitachi Payment Services.
- Low Investment, Higher Returns: Small capital outlay and high returns on investment between 33 and 53 per cent in the first year and 5 years respectively.
- Passive Income Opportunity: ATMs require little daily maintenance, making them a good source of a second income once installed.
- Full Support System: Hitachi provides installation, software updates, technical support, and troubleshooting for the system, so that franchisees can focus on cash management.
- Good Brand Recognition: The brand, Hitachi Money Spot, is well established, with more than 10,000 ATMs nationwide, indicating strong customer confidence and a steady flow of customers.
- Adaptable Business Models: Choices of full shop, shop-in-shop, or standalone ATMs depending on the available space and investment capability.
- Revenue Sharing Model: Franchisees will receive every commission transaction without incurring the expense of equipment purchase.
- Financial Inclusion Mission: Playing a role in India’s Financial inclusion by making banking available in the underserved regions.
- Fast ROI: The average time for franchisors to recoup their initial investment is 18 to 24 months.
Hitachi ATM Franchise Cost in India
Before making an investment decision, it is necessary to know the ATM franchise cost. Depending on the type of franchise you want, the location, and the facility needs, the total investment varies. Here’s a detailed breakdown:
Minimum Investment Necessary
The franchise cost for a Hitachi ATM ranges from 200,000 to 7,00,000, depending on factors such as the franchise model (JADE or PEARL), the location’s readiness, required civil works, and electricity backup facilities. This investment has its refundable and non-refundable aspects.
Breakdown of Costs
| Cost Component | JADE Model (ATM Only) | PEARL Model (ATM + CRM) | Details |
| Refundable Security Deposit | ₹75,000 | ₹1,00,000 | Fully refundable at the end of franchise agreement |
| Non-Refundable Upfront Fee | ₹50,000 | ₹50,000 | One-time franchise fee for brand usage and initial support |
| GST | ₹9,000 | ₹9,000 | Goods and Services Tax on franchise fee |
| Total Initial Investment | ₹1,34,000 | ₹1,59,000 | Complete initial outlay |
| Cash Loading | ₹1,00,000 | ₹1,00,000 | Working capital loaded into ATM for customer transactions |
| Civil & Carpentry Work | ₹50,000 – ₹1,00,000 | ₹50,000 – ₹1,00,000 | Site preparation, electrical work, infrastructure setup |
| Total Approximate Cost | ₹2,84,000 – ₹3,34,000 | ₹3,09,000 – ₹3,59,000 | Including all setup expenses |
Additional Considerations:
- Space dimensions: Full Shop model needs 8ft x 10ft areas; Shop-in-Shop needs 6ft x 6ft areas; and Standalone needs 7ft x 7ft areas.
- Electricity connection: single-phase connection of minimum capacity 1KVA.
- Signage Space: 8ft x 3ft to brand and 2ft x 2ft to lollipop/flange signage.
- VSAT Space: 6ft x 6ft space on the roof to connect to the satellite.
The Hitachi ATM franchise price can vary slightly depending on geographic factors, but the basic investment framework will remain the same in India. This approach to pricing makes it easier for business people to manage their funds due to its transparent pricing.
Hitachi ATM Franchise Commission & Earnings
- Transaction-Based Income: Franchisees receive 8 to 15 rupees on a successful transaction of cash withdrawal, as well as a transaction of non-cash (balance inquiry, mini statement), 2 to 4 rupees.
- Monthly Transaction Volume: 3,000 to 5,000 transactions are usually done monthly by an ATM in an area with high traffic.
- Average Monthly Revenue: 15,000 to 45,000 monthly, depending on location and traffic.
- Minimum Guarantee Payment: Certain models offer a minimum guaranteed monthly income of 12,500-14,500, regardless of transaction volume.
- Revenue Sharing Model: Enhanced commission rates will apply after the first 1,080 transactions.
- Incentives Performance: extra bonuses based on ATM Uptime and the quality of the provided services.
- Low operational cost: lower maintenance costs and no staff requirements.
- Scalability: Successful franchise owners can expand to more than one ATM or become master franchise owners.
- Gross Profit Margin: 4 to 11 per transaction, taking into consideration operational costs.
- Net Profit Margin: 10- 15 percent per year with long-term stable earnings.
- ROI Timeline: Breakeven in 18-24 months is within a normal range.
Requirements to Start a Hitachi ATM Franchise
- Citizenship: The individual must be an Indian citizen and present a valid ID.
- Space Availability: 50-60 sq ft of commercial area in high-traffic places.
- Location Conditions: It should be located preferably close to markets, a hospital, a residential complex, a transport hub, or government offices.
- Financial Capability: The Capability to invest in the cost of the franchise of the Hitachi ATM and working capital to load cash.
- Electricity Connection: Single-phase electricity of a minimum 1 KVA and reserve provision.
- Good Credit History- Shows good financial background with no default records.
- Business Understanding: Understanding of the basic management of a small business (not required to have previous experience with/under ATM skills)
- Space Ownership: To own the commercial space or have an effective lease contract.
- Security: Have security measures attached to make sure the place is safe.
- Signage Rights: Authorization to install branding and signboards of Hitachi Money Spot.
- Age Requirement: Will be 21 years or above.
- Banking Account: An Active bank account to get monthly commissions.
How to Apply for a Hitachi ATM Franchise
- Visit Website: https://www.hitachimoneyspotatm.com/franchisee/ and go to the Franchisee section.
- Fill out the Online Application Form: Provide your name, contact details, location, and space availability.
- Document Submission: Furnish the necessary documents, including identity documents, address documents, space ownership/ lease documents, and photographs.
- Premilitary Welcome: For the Hitachi team, your application is evaluated, and a cursory verification is conducted.
- Site Visit: Company representatives visit the suggested area to verify suitability, footfall potential, and infrastructure availability.
- Site Approval: The site may be approved following the evaluation, or recommendations on how to improve the site are given.
- Agreement Signing: A formal franchise agreement is signed once Hitachi Payment Services has approved you.
- Security Deposit payment: Pay the refundable security deposit according to the terms of the agreement.
- Site Preparation: Full civil work, building, electrical connections, and infrastructure installation (role of franchisee)
- ATM Installation: The ATM, software, and surveillance systems are installed by the Hitachi group.
- Cash Loading: Add the startup working capital (100,000) to the ATM.
- Training: Be trained on the fundamentals of operations, managing cash, and troubleshooting.
- Launch: ATM will be live, and you will be earning commission on day one.
- Timeline: The entire onboarding process typically takes 21 to 30 days.
Hitachi ATM Franchise Contact Details
- Official Website: https://www.hitachimoneyspotatm.com/
- Email: wlasupport@hitachi-payments.com
- Regional Offices: Godrej Two, #904, 9th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai – 400 079
- Contact No. +91 022 6930 1800
Conclusion
The Hitachi ATM franchise is a good business opportunity for investors seeking a low-maintenance, passive-income business. This would require understanding the cost of the ATM franchise, which ranges from 2 to 7 lakh rupees, depending on the model and location. By helping India with its financial inclusion mission, with minimal operational requirements, strong brand support, and appealing commission arrangements, this franchise will enable you to establish a lucrative business. The Hitachi ATM franchise is open, affordable, and accessible to a broad audience of investors.
The Hitachi Money Spot ATM franchise offers the best growth opportunities, whether you are a shop owner looking to leverage additional space or an entrepreneur in need of a second source of income. With the potential for ROI as early as 18-24 months and support from a reliable organization licensed by RBI, this is the best time to take advantage. To become financially independent and learn about the total cost of the Hitachi ATM franchise today, visit the official site of Spot Hitachi Money to get all the details of the ATM franchise cost structure.
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FAQs
What is the total Hitachi ATM franchise cost for starting the business?
The cost of the Hitachi ATM franchise lies in the range of 2,00,000 to 7,00,000, depending on the model (JADE or PEARL), infrastructure of the location, and civil work. The JADE model would need nearly ₹2.84 to 3.34 lakhs, whereas the PEARL model would need nearly 3.09 to 3.59 lakhs plus security deposit, franchise fee, GST, and loading of cash.
How much revenue can I make every month with a Hitachi ATM franchise?
Depending on the location and volume of transactions, franchisees usually make between 15,000 and 45,000 per month. You get 8-15 per cash withdrawal, 2-4 per transaction, not in cash. There are also models that provide a minimum guaranteed monthly income of 12,500 to 14,500.
Does the Hitachi ATM franchise qualify as refundable?
Walmart can refund part of the amount used to purchase the Hitachi ATM franchise. The security deposit (75,000 for JADE and 1,00,000 for PEARL) is fully refunded upon expiry of the franchise agreement period. But the initial franchise fee of 50,000 INR +GST cannot be refunded.
What is the space to install a Hitachi Money Spot ATM?
You will require a business space of 50-60 sq ft. The Full Shop model occupies 8ft x 10ft, the Shop-in-Shop occupies 6ft x 6ft, and the Standalone ATM occupies 7ft x 7ft of empty land. It must be in a high-traffic area with a single-phase connection, signage, and VSAT equipment space.
What is the recovery period of the cost of investment in the Hitachi ATM franchise?
The average Hitachi ATM franchise cost is recouped by the majority of franchisees within 18 to 24 months. It is a profitable long-term business opportunity with a predictable monthly income and can yield up to 53% over the five years, which is a reasonable value of the project, as the payback period is about 33% in the first year.
