How do I invest in a Retail Petrol Pump Business?




Investment is the key and smarter investment is gold. Many times, we explore things but only find a few. Infact, everyone wants profits. By all measures, investment in retail petrol pump is a fruitful aspect. It gives an excellent opportunity to small business entrepreneurs. Also, if you want higher stakes in the market with due recognition then this is the key.

By the medium of this blog, you’ll learn how you can invest in a retail petrol pump business.

Fuel is necessity for not only vehicles, but a food for transportation. So, it almost gives a guarantee of long-term benefits. Or no. of reasons, investment in Petroleum and Natural Gas may open door of opportunities.
Given the fact, that GOI eased the norms in setting up petrol pump. Procurement of license is the foremost step before landing a foot in petrol pump business. So, if you are among those who want a dealership opportunity of Hindustan Petroleum (HPCL), Bharat Petroleum (BPCL), Indian Oil (IOCL), then please check the eligibility.
While meeting all eligibility criteria for starting petrol pump one should have the substantial investment capacity. You should be ready with 50-60 Lakh amount. In urban areas, it essentially requires 25 Lakh in case of urban and 12 lakhs in rural areas. 



Establishment Needs:
  • Enough area of land in prominent location
  • Applicant must be an (Indian citizen and Resident of India) according to Income Tax rule.
  • Basic age requirement is 21-55 years (except freedom fighter under CC2 category)
  • You must have an educational qualification for rural ROs is 10+2, and 10+2 for regular ROs examination by a recognized Board/University



Financial Capacity:
  • Funds in saving account or deposited in the bank or registered companies or postal schemes.
  • NSC and bonds
  • Mutual Fund Investments
You can apply in the form of (DD) demand draft of scheduled bank in the name of concerned oil company and is non-refundable. All such reasons make investment in Petroleum and Natural Gas worthy of a deal.
Also, please thoroughly go to the concerned website for further or detailed information.








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