investment for petrol pump dealership

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Investment for petrol pump dealership online trading currency

Investment for petrol pump dealership

The license fee for a petrol pump dealership is Rs. The application fees for the pump is Rs. The fees shall remain non-refundable. Also, the applicant cannot apply for more than one location for a petrol pump delaership as per the norms. In case of Corporation owned sites which involves bidding for allotment, bidding amount of Rs.

The first step is to look out for a notification or an open advertisement by any of the oil company. Advertisements and notifications are generally published in newspapers and on official websites of the oil companies. Online applications can also be submitted at official websites of oil companies. All the applications should be submitted before the last date of submission.

All hard copies should be submitted along with important documents within seven days of the expiry of the last date of online application. All of the above information is as per the petroleum companies and government policies. Subscribe on YouTube. Minimum Fund requirement;. But generally, the applicant will have to spend minimum Rs 15 to 20 lacs to open a petrol pump in rural areas while for urban areas this cost may be around Rs 30 to 35 lacs.

At the same time, it should also be kept in mind that these rupees should be in this form; Apart from Jewellery and cash, the money can be in the form of;. Note: The applicant has to produce some documents to prove the ownership of the land. The location of the petrol pump is very crucial for oil marketing companies. Normally, the area of square meters to square meters is sufficient to open a petrol pump. The application fee is Rs. Note: The applicant can apply only for one location I.

Fixed fee for retail outlets This fee is non-refundable for both locations. If the oil marketing company receives a large number of applications, then it announces the name of the winner through the lottery system. The winners of the lottery have to submit the related documents with the oil company.

So in this way you read that the applicant has to go through a very complex process to get the license of Petrol Pump. If an applicant becomes eligible for the petrol pump then he needs a lot of money which is not an easy task for every person.

Note: Information given in the article is subject to change as per the latest policy of the oil marketing companies. Which benefits and rights you are entitled to at Petrol Pumps in India?

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Also, the applicant cannot apply for more than one location for a petrol pump delaership as per the norms. In case of Corporation owned sites which involves bidding for allotment, bidding amount of Rs. The first step is to look out for a notification or an open advertisement by any of the oil company. Advertisements and notifications are generally published in newspapers and on official websites of the oil companies.

Online applications can also be submitted at official websites of oil companies. All the applications should be submitted before the last date of submission. All hard copies should be submitted along with important documents within seven days of the expiry of the last date of online application. All of the above information is as per the petroleum companies and government policies.

Subscribe on YouTube. How to get petrol pump dealership? Check how to apply to open fuel station There are number of questions like investment required to run a petrol pump, process of acquiring a license, required land and so on.

HPCL acquires 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 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 acquire a new petrol pump dealership the applicant is required to follow set procedures so that the business runs smoothly and without an

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Petrol pump business gains profit daily as the least selling pump can sell five lakhs liters of both petrol and diesel on a monthly basis. The essar oil limited is a popular petrol pump business in India recently taking the name NayaraEnergy. The Nayara energy business is the leading and most popular retail business in the country and holds thousands of pf retail entrepreneurship mostly dealing with fuel. Nayara energy has strong networking in India with a great number of , fuel outlets which contain all the oil products like diesel, petrol, and gas.

Today we focus on the process of starting an essar oil petrol pump dealership. Essar being a nationwide company it gives chances to business entrepreneurs who are willing to start a petrol pump business. It easy, though it requires commitments and financial investment. The company has a total of operating pumps and another outlet which is yet to be completed. All this gives a notion and trust that Essar Nayara is a sure deal, and one can invest in a promising and growing company.

Nayara energy is taking the initiative to have it pump distributed in all India states in both rural and urban centers. Investors will have better opportunities as the pumps are located in all highways and busy roads in the country. Starting the essar oil business will never be a lost deal but an assurance of a better future for the entrepreneur.

Essar energy Nayara locates the petrol pumps in commercial centers, whether in rural or urban centers where they can reach a great number of clients. The company has an intelligent professional who locate and study areas of potential. Though facing completion from other petrol pump business dealers, essar oil still holds top position in petroleum products. All the outlets are easily accessible and offer the best services from Essar employees.

Nayara energy offers simple and flexible deals to the Indian citizens who want to join the Essar business family. Opening an Essar petrol pump is easy as following the rules and list below:. Land to be leased should have the right measurements to qualify to be part of the Nayara energy. Landowners need to have land which has the following details:. Landowners should check on the land size need according to the state and the land location, Essar considers land location according to the potentiality and leveling.

The Nayara energy business promises fine and better returns to the partners; the company is widely spread, thus making bigger profits monthly, which is equally divided into the dealers. The company pays the amount once per quarter for both the rental and return; however, for the commission, the Essar energy makes an invoice for the products on the retail outlets. Qualified investors need to dig deep to benefit from the petrol business; they have to invest in the construction of a modern petrol pump which goes to the standards of the country.

A rough estimation of RS 70 lakhs which depends on the size and location of the pump. The process also requires one to pay an application fee, which is non-refundable to all applicants. RS 3 lakhs is paid to the Essar petrol pump dealer; the company offers a letter of appointment to the investors. However, in some crucial cases which can only be defined by statutory approval, the application fee is refundable.

Investors need to produce several documents for a legal agreement which also helps in future in case matters regarding the land arises. The Nayara energy group helps in the production of documents from the government offices. Licenses are offered according to the state one hail from. The applicants are advised to pick forms from the divisional offices in their given states. The business can be done in a joint partnership. However, the application forms are separate and require a separate application fee.

The legal documents and licenses are to be submitted to the divisional offices. The essar oil company will then check on the application and make their final decision. The Essar territory sale manager, together with the divisional manager, will get in touch with the applicant in order to proceed with the investment deal as follows:. A Nayara officer will visit the site within four working days where they will see and survey the land; after that, an agreement on the leasing will commence.

The applicant will receive a letter stating their interest in becoming a Nayara energy dealer. They will also provide a letter of agreement on rental and volume targets. The applicant will now pay the non-refundable application fee, which is done through the demand draft. The company will offer a letter of appointment after they are satisfied with applicants details and potentiality of the land. This an official letter from the district magistrate offices which show clearance from all the authorized departments.

The NOC is a compulsory document for the applicant in order for the construction to take place. Petrol pumps near the highway have to produce the NHAI document for the project to take off. Esar oil can be built within three months thereafter the petrol business will commence for the given period of time.

After giving the right documentation and the construction is done, essar oil will give full support to the new investor as they will offer the following:. Sir I want to setup a petrol pump in rural area so how can I apply the application and I want some information so please suggest me.

Sir I want to setup a petrol pump, so how can I apply the application and I want some information. Respected sirr I want to open a petrol bunk in rural area so please give some instructions and also guide me. I want to setup a essar petrol poump on bypass in urban areas i want sam information so plz suggest me. Sir,I am from Assam,I have a plot of land touching high way. I want to set up a Petrol pump there. Sir i also want to start a business with your company sir i have my on land on main road in our village near by there is no petrolpump so if we start we can get more profit sir and give sum suggestion to open petrolpump.

Sir,I am from vijayapur. Karanataka purchase ,I have a plot of land touching high way. I want to set up a petrol pump in my location. Please Suggest me sir. Sir, I have a land of 1. I am also interest to be part of Essar franchise. Kindly suggest me. Sir I want to setup a petrol pump in rural area so how can I apply the application and I want some information.

Essar petrol pump rural area apply application Hathgaon kara marg Mohammad pur Gaunti Tahseel khaga Dist. Fatehpur U. Pin Fatehpur State Utterpradesh pin Sir, I want to start a petrol pump in rural area, pl, give me information and guidelines, pl reply. I want to start petrol pump in rural area. Please send give details contact no and guide line details please reply. Sriram Sumit verma. Sir I want to start petrol pump in amitesh kumar please sand give.

The applicant needs to deposit Rs. This is part of the promotion strategy of HPCL. HPCL Invites applications from applicants belonging to this category where the location is reserved. You can apply only in the prescribed format for those locations advertised by HPCL. You will have to submit the completed applications to the concerned Regional Office within the time limit as stipulated in the advertising.

But, HPCL does not accept any application unless they release an ad for a particular site. Thus, it is possible to only apply when the company releases the advertisement sicking application for the dealership. Auto Herb Franchise. Jk Tyre Franchise India. Exide Battery Franchise. Essar Petrol Pump franchise. Your email address will not be published. Full Name. Save my name, email, and website in this browser for the next time I comment. The logo and other property right does not belong to topfranchiseindia.

All Rights Reserved. One Applicant can submit just one application for a single place. Bidding Amount Starts at: In case of HP franchisor involving bidding for allotment, the minimum bidding amount will be of Rs. Deposit Fee The applicant needs to deposit Rs. Leave a Reply Cancel reply Your email address will not be published.