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Payment Solution Services

Avern Technologies Franchise Cost – How to get, Contact, Apply, Fee

  • Area Req
    70 - 100 Sq.ft
  • Investment Range
    INR 50 K - 2 Lakh
  • No. Of Franchise Outlets
    500-1000

About brand - Avern Technologies

About Us:

We Offer White Label ATM of EPS

AVERN Technologies have leveraged Payments technology innovation and offer State ATM of RSBL - White Label ATM which is one of the ways RBI wants to spread more ATMs as India is one of the lowest ratio of no of ATMs per 1000 Citizens.

We - AVERNTECH offer ATM franchisee models for various options to get higher returns on your investment. Company offers White Label ATM - STATE ATM license y RBBI to Riddhi Siddhi Bullion Limited - One of the largest Bullion market leader in India and APAC. These ATMs are integrated with NPCI for processing card transaction from all the banks issuing RUPAY cards as well as International Card Networks such as VISA, MasterCard, and Discover.

These State ATMs are technology setup is operated by ELECTRONIC PAYMENTS AND SERVICE PVT LTD INDIA (EPS). EPS is managing more than 12000 ATM for various PSU Banks on PAN India basis under OPEX Model.

AVERN TECH as MASTER Franchisee has all India operation of more than 450 State ATMs being managed by EPS. EPS has also signed an exclusive deal for deployment of approximately 5000+ ATM under WLA license for Riddhi Siddhi Bullions Ltdi n a span of 3 years with service partner as ELECTRONIC PAYMENTS AND SERVICES PVT LTD.

Investment Plan for ATM Services on Transaction Sharing:

We have special offer for Total ATM Management solution - OWN YOUR ATM - White Label ATM.

INCOME PLAN -

Rs 11 for each successful ATM withdrawal (Withdrawal amount can be any from Rs. 100/- or more upto 40 notes at a time) 

Rs. 2 for each non financial transaction such as balance inquiry. 

You are requested to check attached details and get back with any specific queries.

  1. Verify the franchisee Agreement to be signed with you/Landlord where ATM to be installed.
  2. Verify the description of ATM Registration form details and PAYMENT of Rs 10,000/- (NON REFUNDABLE)
  3. Verify ATM cash replenishment terms and templates as in agreement and template attached.

Depreciation

20%

40%

60%

80%

0%

Interest Free Security Deposit

1st year

2nd Year

3rd Year

4th Year

End of 5th Year

Rs. 1,00,000/-

         

Refund Amount on Exit in Given Year

Rs.20,000/-

Rs. 40,000/-

Rs.60,000/-

Rs. 80,000/-

Rs. 1,00,000/-

Avern Technologies Franchise Cost & Investment

Commenced Operations

Operations Commenced On 2018

Franchise Commenced On 2018

Franchise Details
Units

Investment INR 50000 - 2lakh

Franchise/Brand Fee INR 10000

Royalty/Commission 73 %

Details

Anticipated percentage return on investment 73 %

Likely pay back period of capital for a Unit Franchise 1-6 Months

Avern Technologies Expansion Plans

North

Delhi, Haryana, Himachal Pradesh, Jammu and Kashmir, Punjab, Uttaranchal, Uttar Pradesh

South

Kerala, Karnataka, Tamil Nadu, Andhra Pradesh, Telangana

East

Assam, Meghalaya, Mizoram, Tripura, Arunachal Pradesh, Manipur, Nagaland, West Bengal, Sikkim, Odisha

West

Gujarat, Rajasthan, Maharashtra, Goa

Central

Chhattisgarh, Madhya Pradesh, Bihar, Jharkhand

Union Territories

Andaman and Nicobar, Pondicherry, Chandigarh, Lakshadweep, Daman and Diu

 

Avern Technologies Franchise Requirements

Type of property required for this franchise opportunity Commercial

Floor area requirement 70 - 100 Sq.ft

Preferred location of unit franchise outlet Populated Area

Avern Technologies Franchise Training

Detailed operating manuals for franchisees Yes

Franchisee training location Onsite at your premises

Is field assistance available for franchisee ? Yes

Expert guidance from Head Office to franchisee in opening the franchise Yes

Current IT systems will be included in the franchise Yes

Avern Technologies Franchise Agreement Details

Do you have a standard franchise agreement? Yes

How long is the franchise term for? 5 Years

Is the term renewable? Yes

Disclaimer: Franchise India is an integrated franchise solution company since 1999, and an absolute authority on franchising and licensing. FIHL (www.franchiseindia.com) and the site sponsors accept no liability for the accuracy of any information contained on this site or on other linked sites. We recommend you take advice from a lawyer, accountant and franchise consultant experienced in franchising before you commit yourself. It is user’s responsibility to satisfy yourself as to the accuracy and reliability of the information supplied. Please read the terms & conditions on Franchise India.

How to get Avern Technologies Franchise

Franchise India stands as a premier platform offering a wide spectrum of franchise opportunities across diverse industries. Embarking on your entrepreneurial journey through a franchise presents a promising venture. To get a Avern Technologies franchise, you can fill up the application form provided on the website and our expert team will guide you with all the details viz. Avern Technologies franchise fee, Avern Technologies franchise cost, Avern Technologies apply process and more. Our team will guide you during the process to avail Avern Technologies franchise.

Interested in Avern Technologies Franchise? Apply here

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