ICICI Bank, a leading private-sector bank in India, operates an extensive network of ATMs nationwide. By leasing out space for ICICI Bank ATMs, property owners can generate a steady stream of passive income. This guide provides detailed insights into the ICICI Bank ATM franchise opportunity in 2025, including the application process, eligibility requirements, potential returns, and benefits.
Why Lease Your Space for an ICICI Bank ATM?
ICICI Bank is a trusted name in India’s banking sector, with over 5,275 branches and 15,589 ATMs across the country. As part of its expansion strategy, the bank continually seeks prime locations to install ATMs. Renting out your property for an ICICI Bank ATM offers several advantages;
- Consistent Passive Income => Earn regular revenue with minimal effort.
- Low-Risk Opportunity => No significant investment required.
- Brand Visibility => Hosting an ICICI Bank ATM increases foot traffic and visibility, potentially boosting other business opportunities.
Key Highlights
Bank Name | ICICI Bank |
Opportunity Type | ATM Space for Rent Program |
Application Mode | Online |
Contact Number | 1800 102 4242 (toll-free) |
Benefits | Stable passive income, no investment |
Official Website | https://leads.icicibank.com/ |
Eligibility Criteria and Required Documents
To qualify for leasing your space for an ICICI Bank ATM, you must meet the following criteria:
Who is eligible for this program
- Must own the property or have a valid lease agreement for at least five years.
- The location should be in a high-footfall commercial area.
- Minimum space requirements:
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- 60 sq. ft. for outdoor ATMs.
- 100 sq. ft. for indoor ATMs.
List of Required Documents
- GST registration certificate.
- PAN card.
- Property ownership documents or valid lease agreements.
- Bank statements for the last six months.
- No-objection certificate (NOC) from the landlord (if applicable).
Benefits of Leasing Space for an ICICI Bank ATM
- Steady Revenue:- Earn passive income without the need for active management.
- Reliable Partner:- ICICI Bank’s credibility ensures timely payments and smooth operations.
- Increased Foot Traffic:- Hosting an ATM can draw more visitors to your property, potentially boosting other business activities.
Investment and Profit Details
Expense/Revenue Category | Amount (INR) |
Initial Investment | ₹5,00,000 |
Franchise Fee | None |
Security Deposit | ₹2,00,000 (refundable) |
Minimum Space | 50-100 sq. ft. |
Monthly Income | ₹8 per cash transaction and ₹2 per non-cash transaction |
Estimated ROI Period | 1 year |
Example Calculation
For a location with 9,000 monthly transactions;
- Monthly Transactions:
- Cash Transactions: 7,500 (₹60,000)
- Non-Cash Transactions: 1,500 (₹3,000)
- Monthly Revenue: ₹63,000
- Expenses:
-
- Rent: ₹12,000
- Electricity and Water: ₹2,000
- Security Guard Salary: ₹15,000
- Miscellaneous: ₹10,000
- Net Profit: ₹24,000 (38% profit margin)
How to Apply for an ICICI Bank ATM Franchise Online?
Follow these steps to apply:
- Visit the ICICI Bank official website i.e. https://www.icicibank.com/atm
- Navigate to the “ATM Space for Rent” section.
- Complete the application form with accurate details.
- Submit the required documents along with the application form.
- Make sure to submit all the details correctly to avoid inconvenience.
- Later, the ICICI Bank official come to your location for inspection.
- Once they verify all the details, you can easily rent out your property for ATM Installation.
Innovative Features of ICICI Bank ATMs
ICICI Bank has introduced ATMs equipped with advanced features to enhance accessibility and security;
- Special ATMs for Visually Challenged Individuals:
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- Voice-guided transaction process.
- Braille-enabled function keys.
- Multiple language options.
- Integrated video surveillance for enhanced safety.
ICICI Bank Contact Information
Toll-Free Number | 1800 102 4242 |
Email Support | atmfranchise@icicibank.com |
Head Office | ICICI Bank Towers, Bandra-Kurla Complex, Mumbai 400051 |
Fax No | +91-22-26531122 |
Telephone | +91-22-33667777 |
Website Link | https://www.icicibank.com/ |
By leasing your space for an ICICI Bank ATM, you gain a hassle-free, low-risk opportunity to earn passive income while partnering with one of India’s most trusted banks. Start your application process today and unlock a steady revenue stream! For more details, check the official site.