How can I get petrol pump dealership in Tamilnadu?

Rural petrol pump applicants who are SC/ST or OBC must have passed minimum 10th standard and all other applicants must have passed a minimum 10+2 level of examination. In case of an application under an open category, the applicant must have passed a minimum 10+2 level of examination for rural petrol pumps.

How can I apply for Indian Oil petrol pump dealer in Tamilnadu?

Application Fee for IOCL Retail Outlet Dealership

1. Application fee of Rs.100 in respect of Rural ROs have to be paid, and fee for SC/ST applicant is Rs.50 in respect of Kisan Seva Kendra.
2. For applying for regular IOCL ROs application fee, Rs. 1000 has to be paid. Fee for SC/ST category is Rs. 500.

Is petrol pump dealership profitable?

In India, starting a petrol pump is a high-investment business idea. Still, it is also a very profitable one, With petrol pump owners making around ₹3.5 lakhs monthly profit if they can sell 400000 litres of petrol at a commission rate of 3.0/litre.

What is the margin of petrol pump dealership?

“The dealers’ margin for petrol and diesel has been revised. It is approximately 9% to 43% in petrol and 11% to 59% in diesel,” he said. Low volume dealers shall get maximum increase in commission in terms of percentage and paisa per litre.

Which petrol bunk is best?

List of Top 6 Best Quality Brands of Petrol Pumps in India

• Indian Oil Corporation Limited (IOCL)
• Bharat Petroleum Corporation Limited (BPCL)
• Hindustan Petroleum Corporation Limited (HPCL)
• Reliance Industries Ltd.(RIL)
• Shell India Private Limited (Shell)
• Essar Oil(Nayara Energy)

How do I start a petrol station business?

According to Absa there are currently three different ways to open a petrol station in the country:

1. Investing in the physical building, land and associated assets (prop-co).
2. Purchase of the business operation only (op-co).
3. Purchase of both (prop-co / op-co).

How do I start a fuel station business?

To open a petrol pump business, you must have a good investment capacity to start with. There are two types of charges for opening petrol pumps in India: Rs 12 lakhs for ROs for rural areas and Rs 25 lakhs for ROs in urban areas, though the amount may vary from company to company.

What is commission in petrol pump?

Petrol pump dealers currently get a commission of Rs 2.90 per litre on retail sale of petrol and Rs 1.85 on diesel.

How much we can earn in petrol bunk?

Q. How much does a petrol pump owner earn? Ans- 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 earning of 5,70,000 Rupees.

How much does it cost to start a fuel station?

As we mentioned before, starting a gas station has a high financial entry barrier. You should expect to secure at least $300,000 to cover the following startup costs: Purchasing the location.

How can I set up a petrol pump?

The procedure and formalities for opening a petrol pump business in India is as follows:

1. Eligibility Criteria for Opening a Petrol Pump in India.
2. Land Requirement.
3. Investment and Fees.
4. Application for License.
5. Obtaining Certificates.
6. Obtain Business Loan for Working Capital Needs.

How can I get total petrol pump dealership?

To apply for Dealership please click on the button at the bottom right.

1. Our Network. Discover the offerings at our Petrol Stations. Discover.
2. Station Locator. Find a petrol station near you. Explore.
3. Apply for Dealership. Click here to fill our online application. Click here.

How much profit do petrol stations make?

How much profit do petrol stations make? Ans- 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 earning of 5,70,000 Rupees.

How do I start a petrol business?

Q. How do I start a petrol business?

1. Analyse the investment required to start petrol pump.
2. Monitor the cost of starting a petrol pump in India.
3. Check the criteria for minimum land required for petrol pump.
4. Get your petrol pump license and fill your fees.
5. Meeting all your eligibility criteria for petrol pump dealership.

How much land is required for petrol pump in India?

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.

Is a petrol station a good investment?

The country’s continued reliance on fossil fuel means that petrol stations represent fairly low-risk investments, delivering a steady flow of rent over a typically long lease. But would-be investors need to approach potential purchases with caution, as fuel leaks can be costly.