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About the Business

Introducing AVERN Technologies: Your Gateway to White Label ATMs powered by EPS

AVERN Technologies is at the forefront of payments technology innovation, proudly offering the State ATM of RSBL – White Label ATM, in line with the RBI’s mission to expand ATM accessibility in India. India currently boasts one of the lowest ATM-to-citizen ratios, and we’re here to bridge that gap.

At AVERNTECH, we present a range of ATM franchisee models designed to maximize returns on your investment. Our company proudly holds the White Label ATM – STATE ATM license granted by the RBI to Riddhi Siddhi Bullion Limited, a prominent leader in the Bullion market across India and APAC. These cutting-edge ATMs seamlessly integrate with NPCI, enabling card transactions across various banks, including those issuing RUPAY cards, as well as international networks such as VISA, MasterCard, and Discover.

These State ATMs represent a technological marvel and are efficiently operated by ELECTRONIC PAYMENTS AND SERVICE PVT LTD INDIA (EPS), a trusted entity managing over 12,000 ATMs for various PSU Banks nationwide under the OPEX Model.

AVERN TECH, as the MASTER Franchisee, commands an extensive operational network of over 450 State ATMs managed by EPS across India. EPS has also inked an exclusive agreement to deploy approximately 5,000+ ATMs under the WLA license for Riddhi Siddhi Bullions Ltd over the course of 3 years, in collaboration with our service partner ELECTRONIC PAYMENTS AND SERVICES PVT LTD.

Unlock the Potential with Our ATM Services on Transaction Sharing:

Discover our exclusive offer for a Total ATM Management solution – OWN YOUR ATM – White Label ATM.

INCOME PLAN:

Earn Rs. 11 for every successful ATM withdrawal (with withdrawal amounts starting from Rs. 100 and up to 40 notes per transaction).
Receive Rs. 2 for each non-financial transaction, such as balance inquiries.
We invite you to review the attached details and reach out with any specific queries or requirements. Ensure to verify the franchisee Agreement, ATM installation details with your landlord, ATM Registration form, and the Rs 10,000/- (NON REFUNDABLE) payment process.

Moreover, we offer a flexible depreciation plan, providing you with peace of mind throughout your ATM ownership journey.

DEPRECIATION PLAN:

Year 1: 20%
Year 2: 40%
Year 3: 60%
Year 4: 80%
Year 5: 0%
Secure Your Investment with an Interest-Free Security Deposit:

1st Year: Rs. 1,00,000/-
2nd Year: Rs. 20,000/-
3rd Year: Rs. 40,000/-
4th Year: Rs. 60,000/-
End of 5th Year: Rs. 80,000/-
Exit at the end of 5th Year: Rs. 1,00,000/-
AVERN Technologies invites you to embark on a lucrative journey with us, bringing accessible and convenient banking services to communities across India through our state-of-the-art White Label ATMs.

Additional Details

  • Investment RequiredINR 50 K - 2 Lac
  • Started Year2018
  • Area Required (sq.ft)70 - 100
  • Franchise Count500 - 1000
  • Tax System InclusionYes
  • Comprehensive Franchise ManualsDetailed franchise manuals are available
  • Strategic Head Office SupportYes, offers head office guidance
  • Business training locationOnsite at your premises
  • Field Assistance OptionsField assistance is available
  • Agreement TemplateStandard business agreement is available
  • Business Term Duration5 Years
  • Franchise Renewal AvailabilityTerm is renewable
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