Quick Answer: Which Petrol Pump Dealership Is Best?

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.

Is buying a gas station a good investment?

If you are an aspiring investor, then gas stations are a great option if located and run properly. They can be a reliable source of some healthy profits. If you have the right capital and expertise, then starting a gas station should be a viable alternative for you.

Is petrol pump dealership profitable?

Total profit of the petrol pump business Monthly profit for the petrol pump business is 2 lakhs – 1.35 lakhs= 65000 Rs for rural areas. Monthly profit for the petrol pumps business is 4.2 lakhs – 1.95 lakhs = 2.15 lakhs /month for city side. There is 100% no loss in this business.

Which fuel company is the best in India?

Top 10 Oil and Gas Companies in IndiaBharat Petroleum Corporation Ltd (BPCL) Bharat Petroleum Corporation Limited (BPCL) is an Indian state-controlled oil and gas company headquartered in Mumbai, Maharashtra. … Castrol India Ltd. … Chennai Petroleum Corp. … Indian Oil Corporation. … Oil and Natural Gas Corporation (ONGC) … Reliance Industries Ltd.Jun 29, 2020

How do Petrol Pump 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. … The commission in case of diesel, as of now, is Rs 1502.13 and 0.27 per cent of retail price per kilolitre, against Rs 425 for the same quantity.

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

Do petrol stations make money?

Petrol stations don’t make much money Retailers try to make about 4-5p per litre, but out of that they have to pay staff, business rates and corporation tax. Fuel stations often depend heavily on sales from the shop – a retailer can make more on selling a Costa coffee than on 40 litres of fuel. ‘

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 petrol pump commission?

Petrol: Retail price – Rs 70.44 per litre Dealer price – Rs 33.94 per litre. Central excise duty – Rs 17.98 per litre. Dealer commission – Rs 3.54 per litre. State VAT – Rs 14.98 per litre.

How can I get franchise of petrol pump?

5 lakhs for rural retail outlet and Rs. 15 lakhs for a regular retail outlet. This fee is non-refundable for both locations. Generally, the Oil Marketing Companies (OMCs)give advertisements in the newspaper or its website to set up petrol pumps at various locations in the country.

How much investment is required to open a petrol pump?

What is the minimum investment one may require starting a Petrol Pump business? One needs a minimum of Rs 15-20 Lakhs to start a new business of Petrol Pump.

Which brand petrol 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…

Why is Shell petrol so expensive?

Trasportation cost is higher for Shell as they import petrol & transport to their 2,000 petrol pumps scattered all around. … Marketing/ Service cost might be slightly higher for Shell considering their service quality (tough to implement in PSU Companies i.e. IOC, HP etc.).

Does Shell V-Power Petrol make a difference?

“Shell V-Power is actually 99 per cent the same as the fuel compounds used by the Ferrari F1 team,” explained Dr Cantlay. … Secondly, V-Power contains cleaning and protective elements that both prevent the build up of carbon deposits in the intake valves and fuel injectors while cleaning any deposits that already exist.

How do petrol pumps cheat?

The simplest and the most effective way of cheating used by almost all the petrol pumps is the adulteration of fuel. Usually, the dealers chemically adulterate the petrol by adding Naphtha, which is a byproduct and is as dense as petrol. It does not leave residue and is cheaper than its counterpart.