The eligibility criteria are as follows:
- You must have Indian citizenship. If you are an NRI applicant, you must have a record of staying in India for at least 182 days.
- The age of the owner should be above 21 years and not more than 55 years of age.
- If you wish to set up a petrol pump in a rural area, you need a minimum educational qualification of 10+2 years. ...
How to start a petrol pump dealership in India?
Company Formation or Company Registration is the first step that you should do while you apply for petrol pump dealership in India. Company Formation allows you to legally register your business with MCA (Ministry of Corporate Affairs). Furthermore, Oil Marketing Companies only prefer to work with registered firms.
How to open Reliance Petrol Pump dealership franchise?
The franchise owner is also responsible for adhering to the rules and guidelines of the parent company. To open a Reliance Petrol Pump Dealership, the franchisee needs to have a minimum of 3 station manager, 6 to 8 petrol pump attendants along with two air-pressure attendants, etc.
How to open a petrol station in India?
According to Income Tax regulations, a person must be an Indian citizen and a resident of India to qualify for a fuel pump license and open a petrol station. An applicant must have spent at least 182 days in India during the preceding fiscal year to obtain the citizen of India certificate.
What is Shell petrol pump business opportunity in India?
Shell is an MNC company and having Business in more than 70 Countries Shell has over 345 Petrol Pumps in India and Now they are offering Retailership Business Opportunity. The Shell Petrol Pump Business Opportunity Shell is Providing a Unique Retail Franchise opportunity in India.
How long do I have to live in India to get a petrol pump?
How does the oil marketing company announce the winner of the lottery?
About this website
How can I get petrol pump Licence in India?
How to apply for Petrol Pump Dealership in India?Visit the site petrolpumpdealerchayan.Click on Register Now, which is located on the homepage.Fill the form and create an account for the further process.Login with your Id and Password and click on Available Advertisement, which is located on the dashboard.More items...•
Which petrol pump franchise is best in India?
Top 9 Big Brands of Petrol Pumps in IndiaIndian Oil. Indian Oil Corporation is the biggest oil company and also India's most profitable state-owned company. ... Bharat Petroleum. ... Hindustan Petroleum. ... Reliance. ... Shell. ... Nayara. ... Essar Oil. ... Total.More items...
Is opening a petrol pump profitable in India?
Is petrol pump business profitable in India? Ans- Yes, petrol pump business in India is a highly profitable sector. The commission per litre including the number of vehicles filled monthly could easily take your monthly profits up to 4 Lakh Rupees.
Is petrol pump dealership profitable?
Dealers' Commission on Petrol 2.60 per litre. Most of the leading fuel companies provide this amount as commission. Petrol Pump owners get Rs. 202.38/- per KL (kilo-litre) and also they get 0.89% extra on the retail petrol price.
Can I get loan petrol pump?
You can get a business loan for petrol pump business's land purchase or lease it after an agreement with the oil dealership.
What is the minimum profit in petrol pump?
Q: Is it profitable to own a petrol pump? Ans: As we all know, a petrol station is open 24 hours a day, seven days a week, and you may easily make a profit of 2 to 2.5 rupees per litre on petrol and ₹1.80 to 2.40 rupees per litre on diesel. The profit ranges from ₹1 to 2 lakh rupees per month.
How much land is required for a petrol pump?
Normally, the area of 800 square meters to 1200 square meters is sufficient to open a petrol pump. The application fee is Rs. 1000/- for regular retail outlets and Rs. 100/- for rural retail.
What is the future of petrol stations?
In addition to offering 15-minute or so “top-up” electric vehicle charging and hydrogen pumps, the petrol stations of the future may also become hubs for “app-ordered” self-driving vehicles and a collection point for click and collect orders from every imaginable source.
Is CNG pump profitable?
On an average, CNG fuel is 30-40% more profitable for us. While customers are mostly comfortable with any type of car, heavy luggage travellers who are looking to travel long-distance specifically ask for petrol or diesel-powered cabs. Overall, CNG has helped us to increase our profits a lot.
What is margin in petrol pump?
Petrol pumps get a commission of around ₹2.90 per litre of petrol and around ₹1.85 per litre in the case of diesel.
How much does it cost to open Reliance petrol pump?
The applicant needs to show proof of investment capability for Rs 25 lakhs for a Reliance petrol pump in an urban area or Rs 12 lakhs for a rural area.
What is the commission of petrol pump owner?
Dealer Commission Rate India Oil Corporation Limited (IOCL) awards Rs 2.58 commission to dealers on every litre of petrol they sell, whereas the corporation pays Rs 1.65 as dealer commission on per litre of diesel.
Which is the most profitable franchise in India?
Top 10 Profitable Franchise Business Opportunities in IndiaDomino's franchise store.Dr Lal Pathlab Franchise.FirstCry Franchise Store.VLCC Franchise Salon.Kidzee Franchise.Jockey Franchise Store.Delhivery.Lakme Salon Franchise.More items...•
Which franchise is best to open in India?
12 Most Profitable Franchise Business Opportunities In IndiaInXpress.DTDC Courier And Cargo Ltd.Lenskart.FabIndia.Pepperfry.Kake di Hatti.EuroKids.Affinity Salon.More items...
Which type of franchise is best?
Business Format Franchise Business format franchising is the most popular type of franchise system and the one generally referred to when talking franchising. Businesses from more than 70 industries can be franchised, and the most popular are fast food, retail, restaurant, business services, fitness and other.
Is Nayara petrol pump profitable?
Our dealership model is not only simple but also lucrative, ensuring steady operating profits and return on investment. A mutually agreed lease rental on your land for the period of the lease. A performance-based return of 5% p.a. for your on-site and infrastructure investment.
Is petrol pump business profitable in India?
Yes, petrol pump business in India is a highly profitable sector. The commission per litre including the number of vehicles filled monthly could ea...
How much should I invest in petrol pump?
The total investment required to start a petrol pump business in India you need around 25 to 30 Lakh Rupees for metropolitan cities and 14 Lakh Rup...
How do I start a petrol business?
The eligibility criteria for petrol pump dealership in India you've to follow these steps: - Analyse the investment required to start petrol pump -...
How much does it cost to set up a petrol station?
To calculate the investment and fees needed to start a petrol pump business in India, you must know the type of area you want to open your gas stat...
What is the eligibility criteria for petrol pump dealership in India?
The eligibility criteria for petrol pump dealership in India are as follows: - The age criteria for the applicant should be between 21 to 55 years....
How much land is required for a petrol pump?
To start a petrol pump business in India an area of 800 sq. meters – 1200 sq. meters is suited best.
Which company Petrol is best?
The top 6 brands of petrol pumps in India is are as follows: - Indian Oil Corporation - Shell - Reliance Petroleum - Hindustan Petroleum - Bharat P...
Is petrol pump license transferable?
A petrol pump license in India cannot be transferred. Although it can be surrendered via withdrawal in case of an individual possessor or a proprie...
How can I get Indian Oil petrol pump?
To get an IOCL Petrol Pump Dealership you need to fill the Application Fee for IOCL Retail Outlet Dealership: - A Fee of Rs.100 in respect of Rural...
How much does a petrol pump owner earn?
A petrol pump owner in India can earn up to Rs 3,58,000 every month. If your commission comes across as 3 Rupees per litre then your monthly gross...
How to Open a Petrol Pump in 7 Steps | Makeinbusiness
Plan your business, get the papers ready, and have all documents in order before you set foot in the business of a petrol pump dealership. The dealership business can help you gain a lot of profit with the right kind of effort in the right places.
How much will installation of a petrol pump cost in India, if I want to ...
Answer (1 of 10): As, my father is a owner of 2 petrol pumps…. So i had little bit knowledge about it….for a opening of petrol pump…with 2 diesel machine…And 2 petrol machine…it will cost you Approx 80 lakhs to 1 crore…(it is the average investment )
How to Open a Petrol Pump in India in Next 1 Month
Do you want to open a Petrol Pump in India and want to know about Petrol pump business or how can apply for petrol pump dealership. Lets learn here
I want to start a petrol bunk. What is the procedure for it? What ...
Answer (1 of 5): these are the documents required to be submitted for the opening of the petrol pump. new licence 1. Application of form - A duly filled and affixed with court label fee rs.3/- 2. Challan for rs.1000/- towards license fee. 3. N.S.S Bond for Rs.10.000/- towards security deposit is...
How long do I have to live in India to get a petrol pump?
1. The applicant must be an Indian citizen and if he/she is Non-Resident Indian i.e. NRI then he must live in India for at least 180 days before applying for a petrol pump or retail outlet. 2. The age of the applicant should be between 21 to 55 years ...
How does the oil marketing company announce the winner of the lottery?
The winners of the lottery have to submit the related documents with the oil company.
How old do you have to be to start a petrol pump in India?
To start a petrol pump in India, business owner needs to clear the eligibility criteria defined by state authorities, needs to show working capital to be invested, should be between 21 years to 55 years of age and should have at least cleared XII standard in studies.
How to get a license to operate a petrol pump?
Ans. The license to own and operate a petrol pump can be obtained by state authority, as per the location of petrol pump and permission from Municipal Corporation Department of that particular state along with NOCs and copy of location’s certificate.
Where should a petrol pump be located?
Petrol pump should be preferably setup at busy national or state highways, residential areas, popular markets, and along-side roads with higher traffic.
How long does it take to get a loan from Paisabazaar?
After applying loan from paisabazaar I got to know that there are only limited documents required for the loan and even the loan process is quick and easy that the loan gets approved in within couple of hours. Online form submission is also really simple and even uploading the documents. So altogether a good experience.
Which is the most profitable oil company in India?
Ans. Indian Oil is considered to be the India’s biggest and most profitable oil company. However, it depends on the customers that which dealership is giving them more benefits as compared to the rest. Petrol pump dealership can be obtained of various leading companies that include Indian Oil, Bharat Petroleum, Hindustan Petroleum, Reliance Petroleum, Shell, Essar Oil, ONGC, etc.
Is it difficult to suggest any one petrol bunk out of many?
It is difficult to suggest any one petrol bunk out of many, as customers have their own preference and have benefits attached as per their usage or vehicle consumption.
Can you bunk petrol?
Ans. It is difficult to suggest anyone petrol bunk out of many, as customers have their own preference and have benefits attached as per their usage or vehicle consumption.
How many pumps does Shell have in India?
Shell has over 345 Petrol Pumps in India and Now they are offering Retailership Business Opportunity.
Can you earn commissions on shells?
if you are working as a Shell Business partner then you can earn all commissions on Salses
How long do you have to live in India to own a petrol pump?
The owner/owners of the petrol pump business should be citizens of India. In case of an NRI applicant, he/she must have lived in India for more than 182 days.
How much land is needed for an oil dealership?
The area of land required should be at least between 800 sq meters to 2000 sq meters depending on the location.
Is it possible to start a petrol pump business in India?
Therefore, opting to start your own petrol pump business is a feasible option in today’s times. Even though it demands a fair bit of legal obligations and paper work, it still stands to be amongst the most profit making businesses in India. Besides, the Oil Marketing Companies (OMCs) are aiming to generate more viable opportunities in order to encourage the growth of petrol pump business in India in 2020-2021.
How many petrol pump attendants are needed for a Reliance franchise?
To open a Reliance Petrol Pump Dealership, the franchisee needs to have a minimum of 3 station manager, 6 to 8 petrol pump attendants along with two air-pressure attendants, etc.
How many petrol pumps are there in India?
India also has the second-largest oil and gas refinery in Asia. A recent survey indicates that there are more than 64000 petrol pump outlets in India.
What is the USP of Reliance Petroleum Ltd?
One of the major USPs of Reliance Petroleum is that Mukesh Ambani is the richest person in Asia and ranked 17 th in the World’s Richest Person list. RIL is the first company in the country to exceed a market capitalization of $100 billion.
What Is the Difference Between a Franchise and a Dealership?
People looking to cut down on start-up costs, advertising, and marketing costs look to get associated with an already successful business through a dealership franchise. But there are a lot of differences between a dealership and a franchise.
How to get a petrol pump dealership of Reliance?
To get a petrol pump dealership of reliance, one needs to fill out an application and submit it online. The application form can be found on Reliance Petroleum Business Enquiry Page. Reliance Petroleum Official team will contact you with further details if your eligibility criteria meet their requirements.
Why is a dealership profitable?
Starting a dealership is highly profitable because you don’t need to pay a royalty fee or any commission for running the business. The dealership can decide on their own the services they offer apart from the ones prescribed by Reliance. That is one of the major reasons that Reliance Petrol Pump dealership is viewed as a lucrative business.
What is RIL in India?
RIL owns various businesses in India and across the globe, including petroleum, textiles, telecommunications, energy, etc. In 1991, RIL started Reliance Petroleum ltd, and the Jamnagar Refinery in Gujarat is one of the world’s largest oil refinery as it produces around 1.24 million barrels per day.
How long do I have to live in India to get a petrol pump?
1. The applicant must be an Indian citizen and if he/she is Non-Resident Indian i.e. NRI then he must live in India for at least 180 days before applying for a petrol pump or retail outlet. 2. The age of the applicant should be between 21 to 55 years ...
How does the oil marketing company announce the winner of the lottery?
The winners of the lottery have to submit the related documents with the oil company.
Eligibility Criteria
Investment Required
Land Required
Fees & Charges
Applying For A Petrol Pump Dealership
List of Leading Omcs
Certificates and Permissions
- To open a petrol pump, an applicant needs to obtain certain certificates and permissions in order to run his/her dealership without any hassle and tension. A few of these include: 1. Location’s Certified copy 2. No Objection Certificate (NOC) from Licensing Authority 3. Permission from the Municipal Corporation Department (MCD) & Fire Safety Office...
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