An ATM Franchise is a very smart way to earn steady passive income in India, with a perfect balance of low startup effort and reliable returns. As the country’s economic landscape is rapidly digitizing, the still essential demand for instant cash access, especially in Tier 2 and Tier 3 cities that are developing, makes the Automated Teller Machine the most necessary tool of financial inclusion. The idea to cooperate with a reliable financial giant like Hitachi Payment Services, a leader in white-label ATM operations, is super attractive for new entrepreneurs. At present, Hitachi is running a vast network, thus leading the way in this field.
Besides that, the Indian ATM market is experiencing substantial growth, which is supported by government moves to bring more people under the formal banking system. This demand makes sure that a well-placed ATM remains a consistently utilized asset.
In this article, we will explain the entire process of securing your own Hitachi ATM Franchise, detailing the Hitachi ATM Franchise Cost, earnings, and requirements to get you started on this profitable venture.
Growing Demand for ATM Franchises in India
The need for convenient cash points all over India is still increasing; thus, the Hitachi ATM Franchise keeps raising its viability as a business model. Even with the rise of digital transactions, cash is still the most common for everyday trade, particularly in areas outside big metros.
Reserve Bank of India (RBI) took steps in that direction by allowing non-banking entities to run White-Label ATMs (WLAs); thus, the ATM network has been extended to the areas that were less accessible before. This regulatory move has opened a great door for entrepreneurs to become partners in bridging the financial services gap. Such WLAs as “Money Spot” ATMs provided by Hitachi are equipped with all banking services and are not limited to a single bank brand, hence they are universally convenient.
Latest Market Statistics
| Metric | Detail |
| Total ATMs in India | ~250,000+ units |
| White Label ATMs (WLAs) | ~30,000+ units |
| Hitachi WLA Count | Over 10,000+ Money Spot ATMs |
| Projected CAGR of Indian ATM Market | 10.5% (2024-2030) |
What Is Hitachi ATM Franchise?
Hitachi ATM, part of that flow under Hitachi Payment Services, is a leading financial technology company that has been changing India’s payment ecosystem since 2010. The initiative of Sumil Vikamsey, headquartered in Tiruvallur, Tamil Nadu, has constructed a big ATM network in the country that includes more than 10,000 ATMs, 27,500+ CRMs, and 8,000+ franchises.
After being granted the White Label ATM license from the RBI in 2013, the company launched the Money Spot brand and, as a result, has facilitated access to banking in villages and remote areas. The way Vadapalan’s Ambur Biryani is traditionally and carefully prepared, Hitachi also preserves its operational excellence by means of advanced monitoring, state-of-the-art technology, and reliable payment systems.
Their franchise system is a safe bet for its customer transaction-based, predictable revenue, and the financial inclusion contribution made by India. With a strong history going back to 2005, Hitachi Payment Services is still doing great work of making ATM infrastructure wider and providing easy services like withdrawals, deposits, UPI cardless withdrawals, etc.
Hitachi ATM Franchise – Key Details
| Category | Information |
| Company Name | Hitachi ATM (Hitachi Payment Services) |
| Founder | Sumil Vikamsey |
| Established Year | 2010 |
| Headquarters | Tiruvallur, Tamil Nadu, India |
| Industry | Financial Services / Financial Technology |
| Services Offered | Cash withdrawals, deposits, balance enquiries, PIN changes, statements, UPI cardless withdrawals |
| RBI White Label ATM License | 2013 (launched Money Spot ATMs) |
| ATM Network | 10,000+ ATMs and 27,500+ CRMs |
| White Label ATMs | 9,700+ |
| Total ATMs in Country (2023) | 66,902 ATMs |
| Franchises | 8,000+ across India |
| Franchise Fee | ₹60,000 – ₹1,00,000 |
| Franchise Setup Cost | ₹3,00,000 – ₹5,00,000 |
| Profit Margin | 4% – 8% per transaction |
| Space Required | 50 – 120 sq. ft. |
| Franchise Agreement Term | Minimum 9 years |
| ROI Timeline | 1.5 – 2 years |
| Official Website | https://www.hitachimoneyspotatm.com/franchisee/ |
Why Entrepreneurs are Choosing Hitachi Money Spot ATMs
Smart business people trend towards the Hitachi ATM franchise because it combines a well-known brand with easy operation and high-profit potential with minimal entry requirements. Some of the significant advantages are:
- Financial Stability: The company is a reliable, authorized provider with an RBI license for White-Label ATM operations, which guarantees that your investment is safe and complies with all regulatory guidelines.
- Low Investment: There is no need for you to invest a large sum of money in the purchase of the ATM machine itself, as Hitachi takes care of the cost, deployment, and installation.
- Revenue Potential: Both cash withdrawals and non-cash transactions (such as balance inquiries) can be a source of commission for you, thus giving multiple revenue streams that can get quite large quickly in the case of a high-traffic area.
- Operational Ease: The technical team from Hitachi is responsible for machine maintenance, software upgrades, and cash management, thus, you are free from technical issues daily.
- Strategic Growth: The concentration on providing the most required banking services in semi-urban and rural areas is in line with the growth strategy for the long term, hence it is a promise of high utility and stable customer turnout.
Hitachi ATM Franchise Models
| Parameter / Detail | Franchise (Retail / Individual ATM) | Master-Franchise / Area-Partner |
|---|---|---|
| Minimum Usage / Transaction Volume Requirement | Number of transactions per day / month | Aggregate transactions per area/zone |
| Area / Location Criteria | Urban / Semi-urban / Rural, footfall requirement | Exclusive area / zone definition |
| Contract Duration / Renewal Terms | Years / Months | Years / Area-coverage duration |
| Bank / Financial Partner (if required) | Name(s) / Terms / Approval process | List of associated banks or partners |
| On-boarding Time (Setup to Live ATM) | Weeks / Months (approx) | Weeks / Months |
| Training & Support from Hitachi MoneySpot ATM | Yes/No, what is provided | Yes/No / Onboarding support, maintenance support |
| Minimum Infrastructure Requirements | Power backup, space, internet, security camera etc. | For multiple ATMs / branch of ATMs, network connectivity requirements |
| Expected Payback Period (Soft ROI) | Months / Years (estimate) | Estimate for area / zone coverage |
| Risk & Contingency Considerations | Cash logistics, downtime, maintenance, compliance | Risk sharing, fallback processes, SLA terms |
| Documentation & Regulatory Compliance | List of required documentation (landlord consent, lease, electricity, permissions) | Additional regulatory paperwork if handling multiple ATMs or area-exclusive rights |
| Contact / Application Link | URL / Email / Phone (to apply) | URL / Email / Phone (master-franchise application) |
Hitachi ATM Franchise Cost in India
The Hitachi ATM franchise is a great business start that is affordable and requires only a small amount of investment. The difference with a regular retail business is that there is no need to buy an ATM machine. Your investment is mainly used for a security deposit, franchise fee, site setup, technology, and working capital; thus, the business model is of low risk and high return.
How Much Does a Hitachi ATM Franchise Cost?
A Hitachi ATM franchise is usually started with an investment of ₹3 Lakhs to ₹5 Lakhs, which accounts for the franchise fees, setup, deposit, working capital, technology, and marketing. The real investment may be different, and it is dependent on location, site size, and footfall potential.
Detailed Investment Breakdown
| Cost Component | Estimated Range | Details |
| Franchise Fee | ₹60,000 – ₹1,00,000 | Includes usage of brand, training & initial support |
| Refundable Deposit | ₹80,000 | Given back after the period of the agreement |
| Setup Cost | ₹1,00,000 – ₹2,00,000 | Civil work, kiosk setup, electrical work |
| Technology & Security | ₹50,000 – ₹1,00,000 | CCTV, alarm systems, tech integration |
| Working Capital (Cash Loading) | Minimum ₹1 Lakh | Required for keeping the ATM operational |
| Marketing & Branding | ₹30,000 – ₹50,000 | Local promotion, signage, awareness |
| Maintenance & Operational Costs | ₹10,000 – ₹20,000/month | Routine service & minor repairs |
| Royalty Fee | Zero | Hitachi does not charge monthly royalties |
| Franchise Agreement Term | 9 years | Stability for a longer period |
| Total Investment | ₹3 Lakhs – ₹5 Lakhs | Full setup + running expenses |
Minimum Investment Requirement
The central portion of franchisees’ investments is between ₹2 Lakhs and ₹3 Lakhs, while the total can be as high as ₹5 Lakhs based on the ATM model (Basic, Emerald, or Topaz) and location readiness. Most of the investment is spent on:
- Security deposit
- Kiosk setup
- Initial cash loading
- Documentation and licensing
Hitachi ATM Franchise Commission & Earnings
Your earnings from the Hitachi ATM franchise are entirely dependent on monthly transactions. You are given a fixed commission for each transaction, which results in a stable passive income stream.
Commission Structure
- Cash Withdrawal: ₹8.50 per transaction
- Non-Cash Transactions (Balance enquiry, PIN change): ₹2.00 per transaction
A moderately busy ATM processes 3,000 – 5,000 transactions per month.
Estimated Monthly Income Formula
Income = (Cash Transactions × ₹8.50) + (Non-Cash Transactions × ₹2)
Expected Monthly Earnings
₹15,000 to ₹45,000+ per month (based on location)
Long-Term Profitability
- Gross Profit Margin: ₹4 to ₹11 per transaction
- Net Profit Margin: 10% to 15% per year
- ROI Timeline: 1.5 to 2 years
- ROI gets better from year to year as the volume of transactions goes up.
Requirements to Start a Hitachi ATM Franchise
A Hitachi ATM Franchise of your own is the way to go only if you satisfy specific criteria, mainly revolving around the premises and the applicant’s status. If you meet these criteria, you will have a hassle-free process of filing the application and setting up.
- Space: The ATM unit needs a specially designed, safe, indoor place with a minimum area of 50 to 60 sq. ft.
- Location: The place should be located in a high-traffic area like a big market, a commercial center, a residential complex, or near the transportation hubs to increase the number of transactions.
- Accessibility: The location of the ATM should, if possible, be available for customers 24 hrs a day, 7 days a week.
- Infrastructures: Besides the machine, which will be connected to the power supply of the franchisee, some minimum infrastructures, such as a security system like CCTV and a permanent roof, will be necessary. The franchisee will also be responsible for the electrical and carpentry work of the kiosk manager.
- Documents: Besides standard ID proofs like Aadhaar or PAN, you will have to provide address proofs (from utility bills) and also commercial property-related documents, such as the lease agreement or the papers of ownership.
How to Apply for a Hitachi ATM Franchise
You can apply for a Hitachi ATM franchise in the following steps:
- Visit the official franchise page: Go to the Hitachi Money Spot website and find the “Become Franchisee” section.
- Fill out the application/enquiry form: Provide your personal details, contact information, and information about the proposed Site — e.g., address, type of property (shop, corner space, etc.), area in sq. ft., local foot‑traffic, electricity availability, etc.
- Provide Details: You will be invited to give information about yourself, including your contact details, proof of the ownership of the commercial space, and the precise location of the ATM site you intend to set up.
- On-site Inspection: The Hitachi team comes to the establishment for a detailed assessment of the facilities, security, and the general flow of people, and thus confirms whether the location meets their criteria.
- Contract: Getting your site greenlighted, you would go on to execute your legal franchise agreement and also tender your documents with a security deposit that, by the way, is refundable.
- Installation & Training: Hitachi installs the ATM after civil work is complete, provides initial training on operations and cash loading, and finally, the ATM is up and running.
Hitachi ATM Franchise Contact Details
If you are looking for the most reliable and up-to-date information on the application as well as the Hitachi ATM Franchise, then reaching out to them directly would be the best bet.
Office Contact Details
- Franchise Application Email: wla-franchisee@hitachi-payments.com
- Corporate Office, Mumbai
- Phone: +91 022 6930 1800
- Address: Godrej Two, #904, 9th Floor, Pirojshanagar, Eastern Express Highway, Vikhroli (E), Mumbai – 400 079
- Website: https://www.hitachimoneyspotatm.com/
Conclusion
Obtaining a Hitachi ATM Franchise is a great, low-effort way to generate stable passive income, especially for those who have a commercial space in a good location. With a relatively modest amount of money set aside for the security deposit and site preparation, you can become the partner of a leading player in the financial services sector.
As Hitachi takes care of the complicated technical and operational parts, you are allowed to think of ways to increase the number of transactions and thereby increase your commission-based earnings. The business model is not only profitable and sustainable but also one that is aligned with the demand for financial access in India.
FAQs
What is the normal franchise agreement duration for a Hitachi ATM?
A typical franchise agreement term for a Hitachi ATM is usually 9 years, which means the business relationship is not only long-term but also stable in terms of income potential.
Is there a lock-in period when you start a Hitachi ATM Franchise?
Indeed, a lock-in period of one year is usually indicated. Suppose you opt to leave the franchise before the expiration of that period, then the penalty is payable by you, and it is often around ₹1 lakh.
How much money should be put inside the ATM?
You, as the franchisor, will be tasked with loading the cash. The minimum money to make the ATM operational is generally between ₹1 Lakh and ₹2 Lakh.
Can I apply for a Hitachi ATM franchise if I already have another business?
Definitely! The Hitachi ATM Franchise is the best of the two worlds, a perfect business model for companies looking for an additional source of income and running stores or businesses already in place.
Does Hitachi Payment Services collect any royalty fees?
No, generally, Hitachi Payment Services does not impose any royalty charge on the gross transactions, thus the franchisee’s net profit margin is further enhanced.
Should I be a registered company if I want to apply for a franchise?
Not necessarily. People can apply solo as sole traders, but if you have a registered business entity, it might make the tax and documentation process easier as your income grows.
What is the time period for Return on Investment (ROI)?
Franchisees can generally look forward to getting a complete Return on Investment (ROI) within 1.5 to 2 years of the ATM being up and running, provided that the transaction volume is consistent.
