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At a glance
1 Lakh - 2 Lakhs
Investment Range
501 - 1,000
Franchise Count
Up to 100
Area Required
On Inquiry
Payback Period
7
Years in Franchising

Avern Technologies Franchise

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.

Business Services Payment Solutions B2B+B2C Semi-Absentee Individual/SME

Additional Details

  • About the Brand:Avern Technologies FranchiseIntroducing AVERN Technologies: Your Gateway to White Label ATMs powered by EPSAVERN 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.
  • Investment Required:1 Lakh - 2 Lakhs
  • Area Required (sq.ft):Up to 100
Show all
  • Franchise Count:501 - 1,000
  • Establishment_Year:2018
  • Franchise Commenced:Available on inquiry
  • Royalty:Available on inquiry
  • Franchise Fee:Available on inquiry
  • Payback Period:Available on inquiry
  • Investment Tier:Low
  • Target Investor Profile:First-time entrepreneur, Salaried professional, Retired individual
  • Capital Sensitivity:Very High
  • Revenue Level:Low
  • Expected Monthly Revenue:20,000 to 60,000 per month
  • Business Model Type:B2B+B2C
  • Operation Mode:Semi-Absentee
  • Staff_Required:1 - 3
  • Setup Complexity:Simple
  • Location type:Any
  • Home Based Possible:Yes
  • Can Run Part Time:Yes
  • Primary Customer Type:Individual/SME
  • Seasonality:High
  • Recession Resistance:Very High
  • Digital Integration:Very High
  • Licenses Required:RBI Guidelines, GST
  • Brand Tier:A
  • Brand Maturity:Established
  • Years In Franchising:7
  • Avg Units Per Year:107.1
  • Expansion Velocity:Aggressive
  • Ideal Franchisee:Fintech investor
  • SubCat Rank:9
  • SubCat Total:35
  • SubCat Rank Display:#9 of 35
  • Category Tier Label:Category Leader
  • FD IT Systems Included:Yes
  • Tax System Inclusion:Yes
  • Strategic Head Office Support:Yes
  • Field Assistance Options:Yes
  • FD Training Location:Onsite at your premises
  • Comprehensive Franchise Manuals:Yes
  • Standard franchise agreement:Yes
  • Business Term Duration:5 Years
  • FD Renewal Available:Yes
  • FRI_Score:79
  • FRI_Band:Investor Ready
  • FRI Stars:5
  • RH Rank 2020:17
  • RH Rank 2021:15
  • RH Rank 2022:19
  • RH Rank 2023:12
  • RH Rank 2024:13
  • RH Rank 2025:9
  • RH RankTrend:Moved up 8 places since 2020

Disclaimer: All scores, rankings, and estimates on ForeFind are independently produced editorial assessments using publicly available data and validated brand-submitted information. They are not verified facts, financial advice, or investment recommendations. Full Disclaimer.

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