How Can I Get Franchise Of Petrol Pump?

Is petrol pump profitable?

For a normal petrol pump the profit margin shows 1.8% or so as a whole.

It means selling of 1 litre of petrol incurs Rs.

1.8 profit margin.

If for example a pump sells 400 Kilo-litre fuel and makes revenue of 10Lac..

How can I get petrol pump franchise in India?

1. Eligibility to start a Petrol PumpAge Criteria: Applicant should be minimum 21 years and maximum 55 years.Applicant must be an Indian citizen, in case of NRI the applicant must have stayed in India for more than 182 days.Birth Certificate Proof: 10th class mark sheet.More items…

Which petrol pump dealership is best?

Top 6 Brands of Petrol Pumps in IndiaIndian 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.More items…

How can I apply for HPCL petrol pump?

Click on online application for applying for HPCL retail outlet dealership.Image 3 HPCL Retail Outlet Dealership. Applicant Registration. To apply the applicant need to register in the portal. … Image 4 HPCL Retail Outlet Dealership. Provide Details in Application. … Image 5 HPCL Retail Outlet Dealership. Print Application.

What is the margin in petrol pump?

“The dealers’ margin for petrol and diesel has been revised. It is approximately 9% to 43% in petrol and 11% to 59% in diesel,” he said. Low volume dealers shall get maximum increase in commission in terms of percentage and paisa per litre.

Can I get loan petrol pump?

Once the petrol pump is built, a steady flow of working capital is also necessary to pay wages, restock fuel, logistics and other general operations….How to Apply for Online Petrol Pump Business Loan through Lendingkart:Interest RatesBetween 15% and 27%Loan AmountRs. 50,000 – Rs. 2 crores4 more rows

How can I get ownership of petrol pump?

The owner of the petrol pump should be an individual who is an Indian citizen. The minimum age limit for an applicant must be 21 years and maximum should be 55 years. Educational qualification is must is you want an ownership of petrol pumps. For rural petrol pump owners a minimum of 10+2 certificate is required.

How much a petrol pump owner earns?

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.

What is the cost of petrol pump Licence?

Investment and Fees To open a petrol pump business, you must have a good investment capacity to start with. 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 much money is earned from a petrol pump in one month?

How much money does petrol pump owner make in India?PARTICULARSTotalNet profitRs 3,58,000 MonthlyAverage sales per month400000 LitreYour commission per litreRs 3.0/litreGross earningRs 5,70,000 per month7 more rows•Jul 28, 2017

Which brand petrol is best for car?

Major Indian oil companies like BPCL, IOCL, HPCL guarantee a better mileage and long-run performance of the car with their premium fuel. In India unleaded petrol typically has octane ratings of 87, whereas premium fuel has an octane level of 93–94.

Is a petrol station a good business?

Although fuel gross profit margins are lower, fuel sales remain the primary income of a business, accounting for approximately 80% to 90% of an operation’s turnover, usually delivering greater profit than alternative profit opportunities, for instance, a convenience store, carwash, bakery and quick service restaurant, …