How To Get Petrol Pump Dealership PowerPoint PPT Presentations

For petrol pump dealership investment, the individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. An individual should have stayed in India for 182 days or more in the previous financial year to be considered a resident of India. The applicant must also be not less than 21 years old and not more than 55 years. While applying for petrol pump dealership, proof of age of the applicant must be validated by submitting a copy of 10th Standard Board Certificate or Secondary School Leaving Certificate or Birth Certificate or Passport or Affidavit for age or Identity card issued by Election Commission.

To acquire a new petrol pump dealership the applicant is required to follow set procedures so that the business runs smoothly and without any hassle in the longer run. The applicant has to obtain all statutory approvals and licenses from the government to set up the retail outlet. Also, companies charge an application fee if you wish to become a franchisee. The investment required to install a petrol pump varies from location to location. It will cost less in rural areas as compared to urban areas. The petrol pump dealership cost excluding the land will be minimum of 50-70 lakh rupees will be required to set up the petrol pump. The investment would be for two machines(petrol and diesel), canopy, a sales room, underground tank, fencing and electricals facilities. The applicant should also consider the amount to be invested for ATM machines and other complementary facilities as they are crucial elements that drive sales.

Dealership selection process varies from company to company but there are certain requirements which are mandatory in order to obtain a petrol pump licence. They are as follows: Basic Eligibility Criteria: To be eligible to obtain a license for the dealership of petrol pump, the individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. The applicant must also be not less than 21 years old and not more than 55 years. .

Petrol pumps are usually affiliated with oil companies. There are fuel terminals or fuel depot owned by oil companies in every city. Petrol from refineries is transported to the terminals and from these terminals, they are transported to the petrol pump whenever an order is sanctioned. Petrol is transported through semi-trailer trucks, a transport memo is issued by the oil company for every trailer truck. I know someone who owns an essar petrol pump so, every time petrol or diesel goes below a level in the tank the owner puts in a request for petrol. And the above-mentioned procedure is followed. With time there will be advancements due to which tanks in the petrol pump will be digitally connected to the main server of the petroleum company and order will be placed directly automatically whenever fuel is required.

India is one amongst the fasting growing countries in the world. The standard of living of people across the country is on a constant rise. Statistics prove that the total number of vehicles in the country has increased consistently over the years. Given these circumstances, investment in a petrol pump seems to be a viable option. To begin with, you need to get in touch with oil companies which are looking for franchise partners. You can opt for companies likes Reliance or Nayara. Nayara provides a form which will ask for personal details and details about the land-details about the size, location and distance from highway etc. They will access the location and get back to you if you are interested. You can visit their website to seek more information on the requirement for petrol pump dealership. A minimum of Rs 25 lakh is required an initial investment.

A new dealer selection process has been formulated in order to promote the transparency in awarding of petrol pump license and franchise by petroleum companies in India. Below are the requirements for setting up a petrol pump: 1) Basic Eligibility Criteria: 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. The applicant must also be not less than 21 years old and not more than 55 years.

To acquire a new petrol pump dealership the applicant is required to follow set procedures so that the business runs smoothly and without any hassle in the longer run. The applicant has to obtain all statutory approvals and licenses from the government to set up the retail outlet. Also, companies charge an application fee if you wish to become a franchisee. The investment required for the fuel station varies from location to location. It will cost less in rural areas as compared to urban areas. The petrol pump dealership cost excluding the land will be minimum of 50-70 lakh rupees will be required to set up the petrol pump. The investment would be for two machines(petrol and diesel), canopy, a sales room, underground tank, fencing and electricals facilities. The applicant should also consider the amount to be invested for ATM machines and other complementary facilities as they are crucial elements that drive sales.

To begin with, you need to get in touch with oil companies which are looking for franchise partners. The very first step of the process is to apply for a new petrol pump dealership. Unlike earlier, applying for a petrol pump has become extremely easy. You can opt for companies likes Reliance, BPCL, Nayara Energy etc. As for Nayara Energy, they provide a form which will ask for personal details and details about the land- size, location, distance from the highway, distance from nearest petrol pump etc. They will access the location and get back to you if they are interested. As for the capital required to open a petrol pump depends on the location of the land. It wouldn’t come as surprise to anyone that the investment for petrol pump dealership in an urban area will be higher as compared to the investment required to set up a petrol pump in a rural area. To put in numbers, a total investment of 15-40 lakh will be required.

The requirements for petrol pump dealership are as follows: 1) The individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. To be considered a resident of India, an individual should have stayed in India for 182 days or more in the previous financial year. 2) The applicant must also be not less than 21 years old and not more than 55 years.

EOL offers a wide range of products to bulk customers (traders and direct customers) in the industrial and transport sectors. A range of petroleum products covering numerous applications are on offer to industrial customers like power plants, and chemical, fertilizer and shipping companies. It has received approvals to supply Aviation Turbine Fuel (ATF) to the Indian Armed Forces, and has tie-ups with oil marketing companies, namely Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL). https://www.essaroil.co.in/about-us/operations/refining/bulk-business.aspx

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