How to start a petrol pump license and business in india

How to take a license and how to start a petrol pump business in India

Willing to open a petrol pump station in India? Owning a petrol pump is one of the best business venture options nowadays. But getting its license from oil companies is not as easy as making a cup of tea! There are many formalities, guidelines and procedures to open a station. But don't worry. You have searched the right page as we are going to provide you with complete information.the following will guide you up to some extent

• the company will gives notification for their new dealers in a news paper or you can directly contact the company
• You must be an Indian citizen and a resident of India as on the date of affidavit.
• Age of individual applicant must be 21-55 years (except for Freedom Fighter under CC2 category).
• Minimum educational qualification required for rural ROs is 10+2 examination conducted by a Board/University and Graduation/ Chartered Accountant/ Company Secretary/ Cost Accountant/ Diploma in Engineering for regular ROs. For candidates belonging to CC1 and CC2 category, minimum education required is Class 10th and Class 10+2 examination conducted by a Board/University for rural ROs and regular ROs respectively. However, this norm of minimum education is not applicable to freedom Fighters under CC2 category.

• if you have land it’s okay if u don’t you can take it lease from the interested land lord at that particular point
• submit a b-plan for them (including all the relevant details)
• attend the interview and get selected
• have negotiations regarding rent.,lease terms and such other things
• obtain LOI (LETTER OF INTENT) from them
• if your land is agricultural then you have to convert it into non agricultural land for the purpose of doing business
• start work to obtain your blue print of your pump
• got approved by necessary* departments
• get your approved final plan by relevant authority and submit it to them
• you have to construct side walls if necessary
• register your lease deed (you will obtain rentals from the date you rgstrd it)
• they will advice you in setting up a bank account.,NEFT linking to your account.,apply for VAT registration and such other things
• now.,it’s their part to put up an investment proposal & got it approved.,invite e-bid.,construct it as per your approved plan
•  a lot of time and money will be wasted due to the greatness in our governance
  total investment from dealer side is around 6–8 lacs if all the requirements met
  finally i hope this article may helpful upto some extent.

Official websites to fill online application form for retail outlet dealership in oil companies are

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