How can I open my own petrol pump - There are many ways to earn money in today's world. But the competition has increased a lot. Only a few people do jobs, and many people also ensure their means of income through self-employment. The remaining people have become unemployed.
Opening this petrol pump can be a good option because you all must know that, in today's time, diesel and petrol are required for the use of any means of transport. Then, whether commercial or private transportation, it is required for everyone. In this situation, opening a petrol pump can earn you a lot of money. Today in this article we are going to tell you only about setting up a petrol pump. You will learn how to open a petrol pump in this section. or "How can I open my own petrol pump?" In the article, you will be provided with all the important information about opening a petrol pump.
How to start petrol pump?
If you also want to do your own business, then there is a chance for you to earn enough profit that you can open your own gas station. But for this, you have to invest some money in the beginning, after which, once you start the business, you can get returns of lakhs of rupees every month. If you are also willing to open a petrol pump and become the owner of a petrol pump, then you have to pay special attention to some things that we have covered in this article. For this, one has to apply through the official websites of various oil companies. Next, you have to learn how to open a petrol pump in the article "How can I open my own petrol pump?" You can get all the related information. To learn more, read this article completely.
There are some necessary terms and conditions for opening a petrol pump, which the applicant must fulfil before the licence is granted. These licences are given to you by various government and non-government petroleum companies in the country.
How to open petrol pump?
To open a petrol station, one must consider several factors, the most important of which is the petrol pump license. If you want to open a petrol pump, then first you have to get a petrol pump license. You get this licence from various government and private petroleum companies. Oil marketing companies across the country will occasionally run advertisements for new petrol pumps or dealerships. Using this information, an applicant must apply by visiting the official websites of these oil companies. such as Indian Oil Corporation Limited (IOCL), Bharat Petroleum Corporation Limited (BPCL), Hindustan Petroleum Corporation Limited (HPCL), Oil and Natural Gas Corporation Limited (ONGC Ltd), Essar Oil Limited , Indraprastha Gas Limited, Reliance Petroleum Limited, etc. By visiting the official website of the companies, the interested person can apply for a dealership.
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What are the terms and conditions for starting a petrol pump?
The applicant for the petrol pump must first be an Indian citizen. On the other hand, if the applicant is an NRI, then it is mandatory for him to stay in India for more than 182 days. The 10th grade mark sheet will be valid for the birth certificate. A 12th grade pass is required for the general category, and a 10th grade pass is required for SC/ST/OBC. To open a petrol pump in urban areas, the applicant must be a graduate. The conditions of the minimum educational qualification are not applicable for freedom fighters under the CC2 category. Talking about the minimum investment amount, it starts at Rs. 15 lakhs for dealerships in rural areas. At the same time, the maximum investment amount is Rs 2 crore or more for dealerships in urban areas. Also, it is necessary to keep in mind that the area where you want to open a gas station should not be included in the blacklisted or excluded areas.
How much investment is required to open a petrol pump?
A minimum of Rs 15 lakh to Rs 20 lakh is required to open a petrol pump in a rural area. At the same time, the investment amount for opening a petrol pump in urban areas is Rs 30 lakh to Rs 35 lakh. Along with this, along with cash and jewelry, applicants can use bank deposits, fixed deposits, mutual funds, national savings certificates, postal schemes, savings accounts, bonds, and shares to open petrol pumps. It is important to note here that only 60% of the value of mutual funds, bonds, and shares will be considered.How are petrol pumps allotted?
According to the Indian Oil official website, if all the requirements are met, they set up a retail outlet there based on the research report produced by the petroleum company's field research team.If the location is thought to be advantageous from a business standpoint, the company will include it in its marketing strategy. The business advertises for any oil company to take a dealership to open a new gas station. In the event that multiple applications are received, a lottery system is used. The licence is then made available to the person following the election.
For information about opening a gas station, you can also get in touch with the relevant Indian Oil field officer or retail divisional office. You can obtain this information from the closest Indian Oil Petrol Pumps or Retail Outlets.
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How much land is required to open a petrol pump?
To start a petrol pump, a person should have 800 square metres to 1200 or 1600 square metres of roadside space. If a petrol pump is to be opened near a state or national highway, then it is necessary to have at least 1200 square metres of space. And in urban areas, it is necessary to have at least 800 square meters.What kind of land is required to open a petrol pump?
The petrol pump site should be on the side of the road. If you have your own or any other person's land, then you must have the necessary government documents for it. If you do not have your own land, then it is necessary to obtain a No Objection Certificate (NOC) from the owner of that land. If there was agriculture on that land earlier, then you have to convert that land into barren land first.Because these items are required for any petrol pump, there should be an arrangement for electricity in the land in such a situation. If you have taken land on rent from another person, then it is necessary to have an agreement with them. If that land is agricultural, then you cannot apply for a diesel or petrol pump.
How to earn from petrol pump?
In this type of business, all the income is on the basis of commission. In this case, no salary is received from any company. The more litres of petrol and diesel you sell, the more commission you get. According to internet sources, a commission of Rs 3.5 is received for selling one litre of petrol. If you sell 5000 litres of petrol in a day, then the earning on this is around Rs. On the other hand, if we talk about diesel, since its cost is less than that of petrol, the profit from it will also be less.This comes with a Rs 2 commission. In such a situation, if you sell 5000 litres of diesel in a day, you earn Rs. 10,000. If you look at it on a monthly basis, you can earn at least 5 lakhs by selling 10000 litres of petrol or diesel after deducting all other expenses.
How to apply online to open petrol pump?
For this, you have to visit the www.petrolpumpdealerchayan.in website. After this website is opened, some kind of homepage will appear. With this, you can get information about major petrol pump companies in India. After visiting this website, you will have to register on it. In this process, you will get a form that has to be filled out and submitted.Read complate proccess - online apply for petrol pump