If you are also interested in opening a petrol pump, here I will list the conditions and the money required for opening of petrol pump.
If you open your petrol pump in good part of the city especially if it is any National Highway, you will eventually earn a huge amount of money from petrol pump. Here are the steps to be followed for opening a petrol pump .
Obtain a License
Before opening a petrol pump, you need to get a license from any of the oil Marketing company in the public or private sector. These include Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation Limited (IOCL), Hindustan Petroleum Corporation Limited (HPCL), Reliance Petroleum Limited, Oil and Natural Gas Corporation Limited (ONGC Limited), Essar Oil Limited (Essar Oil Ltd., Indraprastha Gas Ltd., etc.
Conditions that must be fulfilled for opening a petrol pump
1. The candidate should be a citizen of India or if NRI, he should have resided in India for more than 182 days.
2. 10th class marksheet is required for birth certificate.
3. Education qualification must be 12th pass for General category and 10th pass for SC/ST category.
4. It should be kept in mind that the place where you are opening should not be any black listed area
5. The minimum investment for rural areas is 15 lakhs while maximum investment for urban settlement is 2 crores or more.
How much investment is required?
For rural areas, 15-20 lakhs
For urban areas, 30-35 lakhs.
Along with cash and jewellery, applicants can use bank deposits, fixed deposits, mutual funds, national savings certificates, postal schemes, savings accounts, bonds, shares to open a petrol pump.
What kind of land is required for petrol pump?
The land should be by the roadside. The owner should have official papers of the land. If you do not own the land, you are required to take the NOC (No objection certificate) from the owner of the land. Since electricity is a very important thing for any petrol pump, there should be a system of electricity in the ground.
How much land is required?
Ideally, an area of 800 square meters to 1200 square meters is suitable for opening a petrol pump.
Fees for opening a petrol pump
The applicant is required to pay Rs. 1000 in case of urban residence and Rs. 100 in case of rural settlement.
If the applicant is the owner of land for the same purpose and in the respective area, then he/she will have to pay Rs.15 lakh for Regular Retail Outlet and Rs.5 lakh for Rural Retail Outlet
How to apply for petrol pump dealership?
For filling application of opening a petrol pump, visit:
After this website is opened, you will be directed to the home page of the website where you will find certain columns. With this you can get information about the major petrol pump companies of India. After visiting this website, you will have to register on it, in which you will get a form, which has to be filled and submitted.You should opt for going to a cyber cafe for this to avoid any mistake.
After submitting, an OTP will be sent to your mobile number, after which the password will be sent to your Gmail ID. In this case, you will have an account of this website, after logging in, you can see the advertisements of the company. For this you have to click on Available Advertisements. On these advertisements, you will get to know where the company wants to open petrol pumps.
Thank You.