ATMs Seeking Loan in Bangalore

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ATM Seeking Loan in Bangalore, India

Company manufactures ATM, kiosk, passbook printers and supplies to 6 major banks pan India.
- We are a manufacturing company operating since 1996. - We manufacture ATM machines, passbook printing machines, cheque deposit kiosk, cash deposit machines and supply them to nationalized banks. - We supply to 6 banks namely Canara Bank, SBI, Karnataka Bank, Vijaya Bank, Andhra Bank, Syndicate Bank across India. - Currently we manufacture 850 machines per month and our plant has capacity to manufacture around 1,000 machines. - Our target is to manufacture10,000 machines per month. With this fund of Rs. 25 crore we would invest to increase the production capacity of our facility and purchase sufficient raw materials so we can reach out target. - Raw materials are procured from Bangalore, Coimbatore and Japan through a dealer. - Each machine costs between Rs. 5 to 10 lakh. - Physical assets include own land and machinery.
Company manufactures ATM, kiosk, passbook printers and supplies to 6 major banks pan India.
7.7   Bangalore
Run Rate Sales
USD 1.6 million
12 %
Business Loan
USD 3.4 Mn at 12%
Contact Business


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