Table of Contents
- 1 How do I get a petrol bunk Licence?
- 2 How much does it cost to start a petrol bunk?
- 3 How do you open the Shell petrol bunk?
- 4 Who can open petrol pump in India?
- 5 Can I get loan petrol pump?
- 6 Is Essar petrol pump profitable?
- 7 How much does a petrol pump owner earn?
- 8 Which is the best petrol bunk in India?
How do I get a petrol bunk Licence?
– Applicant must have a minimum age limit of 21 years to a maximum of 55 years. – To set up Petrol Pump in a rural area, the applicant must have a valid 10th mark sheet proof for verification of date of birth. – SC / ST / OBC applicants must be the 10th pass, whereas it must be the 12th pass for the general category.
How much does it cost to start a petrol bunk?
Investment and Fees 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.
How do you open the Shell petrol bunk?
Average investment required from a retailer is around Rs. 18 Lakhs per site, which includes Rs. 7 Lakhs as Security Deposit, about Rs. 8 Lakhs as working capital & Rs.
What is the profit in petrol bunk?
Their sales have dropped almost 50% even after relaxations as many bunks in rural areas are hardly selling 1000 liters of diesel and 600 litres of petrol. OMCs provide them around ₹2.56 profit margin on diesel and ₹3.38 on petrol per litre.
Which petrol bunk is best?
Top 6 Brands of Petrol Pumps in India
- Indian Oil. Indian Oil Corporation is the biggest oil company and also India’s most profitable state-owned company.
- Bharat Petroleum.
- Hindustan Petroleum.
- Reliance Petroleum.
- Shell.
- Essar Oil.
- Upcoming Oil Companies and Petrol Pumps in India.
- Rosneft.
Who can open petrol pump in India?
To be eligible to obtain a petrol pump license and start a petrol pump, the individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. To get the resident of India document, an individual must stay in India for 182 days or more in the previous Financial year.
Can I get loan petrol pump?
The loan is available in the range of Rupees 1 Lac to Rupees 1 Crore. For repayment of the business loans, you must check the FlexiLoans website online. Check the business loan Interest Rates and the processing fee for the business loans for the petrol pump at FlexiLoans varies between 2% to 3%.
Is Essar petrol pump profitable?
What is the Profit Margin in Petrol Pump Business? Essar oil dealership model is not only simple but also lucrative to ensure steady operating profits and returns on your investments. A performance-based return on investment at 5% per annum on the capital expenditure will be made onsite and infrastructure development.
How do I contact Shell?
Contact U.S. Lubricants
- Technical Help Desk. 1-800-237-8645. [email protected].
- Global Key Account. 1-877-350-7030. [email protected].
- Distributor Inquiries. 1-877-536-8073.
- Transport & Industry (Direct Customers) 1-800-332-6457.
- Consumer (Direct Customers) 1-877-536-6324.
- Retail Lubes. 1-877-536-8029.
What is the commission of petrol pump dealership?
Central excise duty of Rs 17.98 per litre, dealer commission of Rs 3.54 per litre and state VAT of Rs 14.98 per litre bring up the retail price of petrol to Rs 70.44 per litre in India, whereas the dealer price remained Rs 33.94 per litre as on 1st July 2019, according to the data provided in the reply.
How much does a petrol pump owner earn?
As of April, 2017, petrol pump owners earn Rs 2020.38, plus 0.86 per cent of retail price, as commission for selling every kilolitre of petrol, stated a study by Newsflicks.