How can I get petrol pump license in Karnataka?
How can I get petrol pump license in Karnataka?
To start a petrol pump, the applicant must show the ability to invest a minimum of Rs….The funds for investment can be in the following forms:
- Funds in savings accounts, deposits with Bank/Registered Companies/Postal Schemes.
- National Savings Certificates, etc.
- Bonds.
- Shares of listed Companies in Demat Form.
- Mutual Funds.
How much will it cost to start a petrol pump?
Q. How much should I invest in petrol pump? Ans- The total investment required to start a petrol pump business in India you need around 25 to 30 Lakh Rupees for metropolitan cities and 14 Lakh Rupees for Rural or village areas.
How to start a petrol pump business in India?
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 to apply for a petrol pump license?
Interested candidates can apply for the license for opening petrol pump in desired state/ city/ town/ area. Online applications can also be submitted at official websites of oil companies. Applications must be submitted before the said last date of submission.
How do I register a private Petroleum Company in India?
Register a firm (Private Limited Company) . It can also be done after final selection by company Check advertisement in newspaper by various companies like hindustan petroleum, Bharat Petroleum, Indian Oil, Reliance Petroleum, Essar Petroleum, Shell Petroleum, etc.
Is petpetrol pump business profitable in India?
Petrol Pump business is undoubtedly considered as one of the leading profit making ventures in India and even globally. The primary reason is it’s never ending and ever increasing demand by the transportation and logistics sector and especially for daily commuting purposes.