Which petrol pump is best for dealership in India?
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 become a Hindustan Petroleum dealer?
HPCL Retail Outlet Application Fee
- Application fee of Rs.100 for Rural HPCL ROs have to be paid, and price for SC/ST applicant is Rs.50.
- For applying regular HPCL retail outlet application fee of Rs. 1000 have to be paid. Fee for SC/ST category is only Rs. 500.
How much is needed to open a petrol pump?
To start a petrol pump, the applicant must show the ability to invest a minimum of Rs. 25 lakhs in case of regular petrol pumps and Rs. 12 lakhs in case of rural petrol pumps.
What is the minimum distance between two petrol pump?
4. General Conditions of Sitting: () As a general rule, the clear distance between two adjacent fuel filling stations (these also include fuel filling-cum-service stations) should not be less than 300 metres.
What is the income of petrol pump owner?
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.
Can I get loan petrol pump?
Banks today offer a wide variety of loan options for you to get started on building your petrol pump….How to Apply for Online Petrol Pump Business Loan through Lendingkart:
| Interest Rates | Between 15% and 27% |
|---|---|
| One time processing fee | 2-3% |
| Tenure | Up to 2 years |
| Pre-closure fee | 0 |
| Loan Amount | Rs. 50,000 – Rs. 2 crores |
Do petrol stations make money?
There is a good reason why nearly all filling stations are shops as well; profit margins on petrol are, according to the industry, around 2%, so they make most of their profits from overpriced sandwiches and drinks.
Are petrol pump owners rich?
Overall starting a petrol pump in india is a high investment business ideas in india, but at the same time it is very profitable business to start, in general petrol pump owners make around 3.5 lakhs monthly profit, if they able to sell 400000 Litre of petrol at a commission rate of 3.0/litre.
How to apply for a petrol pump dealership in India?
Indian Oil Dealership Application Form for Petrol Pump For applying the dealership, you must apply in a specific application form. The form is available on the official website of IOCL https://www.iocl.com/. Also, you can submit the application online.
What is the retail filling station dealership in India?
IOCL Retail Filling station Dealership is provided all over Indian mostly in all the states. You can also check the advertisement and eligibility criteria in this post. The company is also extended its business in Sri Lanka, Mauritius, UAE, Singapore, Sweden, the USA, and the Netherlands.
Which is the largest petrochemical company in India?
Indian Oil Corporation Limited (IOCL) is one of the biggest and leading petrochemical companies in India. In India, there are three main companies like Hindustan Petroleum, Bharat Gas, and Indian Oil.
What is the turnover of Indian Oil Company?
Indian Oil deals in oil, gas, petrochemical alternative energy sources. In 2019-20 company turnover is 6,67,950 Crore rupees. It is also being rent 151 world largest copper rates in Fortune Global 500 listing. Their main aim is to become number in the list of world largest Corporation.