This document provides instructions on how to setup a white label ATM business in India. It explains that the Reserve Bank of India issued guidelines in 2013 allowing non-banking entities to obtain licenses to operate white label ATMs. It lists some of the major companies that have received these licenses such as Tata's IndiaCash and Muthoot Finance. It also outlines the key features of white label ATMs such as being available 24/7 for customer convenience and reducing costs for banks. Finally, it provides requirements and application processes for setting up white label ATMs through different operators like Tata IndiaCash, Muthoot Finance, and BTI.

1. How to Setup ATM
Business in India
By MyOnlineCA Legal Baba

2. HELLO! I am Dev Patel
Team Member at MyOnlineCA
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2

3. What is White
Label ATM
MACHINE
▫ RBI issued guidelines and license
for the Whitelable ATM to the non
banking entities in 2013
▫ 15 Companies take the Permission
like TATA’s IndiaCash,Muthoot
Finance, Prizm Payments, AGS
etc.
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4. Features of the
White Lable ATM
▫ Offer convience to customer 24*7.
▫ Offer convience to Banks for
reduce expenditure.
▫ Increase ATM penetration in India
which is right now 100 ATM per 10
lac population.
▫ VAS like Mobile Recharge or Bill
Payments.
4

5. Market in India
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6. Requirements ▫ Have Proper Legal Documents as Firm
or Company.
Tip : Register Your Firm at MyOnlineCA
▫ Have a Good Location on the Ground
Floor.
▫ Proper Electricity.
▫ Proper Internet Connectivity
▫ Low Investment
6

7. Requirements
▫60 to 100 Squre Feet
Space on Ground Floor.
▫1 Kilowatt of Elect
Connection
▫Authority Letter and
Proper NOC with
Documents
▫Flat Roof to Setup Vset
How to Setup
with TATA
IndiCash
How to Apply
▫Go to Tata IndiCash
Website and Fill up the
Basic Details and
Location Pictures
▫Call to Toll Free
18002662660 and Dial 5
for the Franchise
Enquiries.
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8. Requirements
▫40 to 60 Squre Feet
Space.
▫Proper Location in
Malls or Busy Street or
Road.
▫Mainly Required Space
on Ground Floor.
▫Proper Documents
How to Setup
with Muthoot
Finance
How to Apply
▫Go to Muthoot Offical
ATM Website.
▫Upload the Picture of
the Location with the
Video
▫Give and Upload the
Docs.
8

9. Requirements
▫Have Good Location in
MP, Jharkhand and
Uttarkhand.
▫Same Documents and
Requiremetns which is
mentioend in previous
Slide.
How to Setup
with BTI
How to Apply
▫GO TO BTI White Lable
Website
▫Give the location on
the MAP
▫Give some details
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10. 10
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