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Where
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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
Investment and financials
Cost overview
Investment range 1 Lakh - 2 Lakhs
Franchise / Brand fee On Inquiry
Royalty / Commission On Inquiry
Investment tier Low
Area required Up to 100
Staff required 1 - 3
Setup complexity Simple
Business term 5 Years
Renewal available Yes
Returns outlook
Expected monthly revenue
₹20K – 60K
Revenue model Low
Business model B2B+B2C
Break-even
Capital payback On Inquiry
Capital sensitivity Very High
Investor fit profile
Operations
Operation mode Semi-Absentee
Location type Any
Property required Any
Home-based possible Yes
Can run part-time Yes
Primary customer Individual/SME
Market characteristics
Seasonality High
Recession resistance Very High
Digital integration Very High
Years in franchising 7 Years
Avg units / year 107.1
Ideal for
First-time entrepreneur Salaried professional Retired individual
Franchise support
Provided by brand
Not provided by brand
Data not available
Tax System Inclusion
Franchise Manuals
Head Office Support
Field Assistance
Agreement Template
Marketing Co-op Fund
Training and agreement details
Training location
Onsite at your premises
Business term
5 Years
Renewal available
Yes
Brand strength
7 Years
Years Franchising
107.1
Avg Units / Year
2018
Founded
A
Brand Tier
A
Tier A — Mature brand with strong market presence
A+Established AMature BGrowing CStartup
Established
Forefind rank history
Current rank
#9
Payment Solutions category
2025
Moved up 8 places since 2020
Based on Forefind scoring model
Licences and compliance
Required licences and registrations for operating this franchise in India. Requirements may vary by state and city tier.
RBI Guidelines
GST
Setup complexity:
Simple
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