Common

Is there profit in petrol pump?

Is there profit in petrol pump?

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.

How can I give my land on rent for petrol pump?

You can grant a lease for petrol pump by drafting a proper lease in which your rights are protected and the rights of other party should also be protected. For proper draft of lease agreement you may contact me.

What is the area required for petrol pump?

Normally, the area of 800 square meters to 1200 square meters is sufficient to open a petrol pump. The application fee is Rs. 1000/- for regular retail outlets and Rs. 100/- for rural retail.

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How much does it cost to open a petrol pump India?

Investment and Fees 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 much does it cost to open a petrol pump in India?

How can I start a petrol pump?

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 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.

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Where can I get a loan for a petrol pump?

One can get a loan for petrol pump from banks, NBFCs as well as digital NBFCs like Lendingkart which is the current trend. At Lendingkart, we also offer: 3 step loan application: Submit application on our official website, upload all the required documents and get your loan sanctioned!

How much petrol does a petrol pump sell in a month?

An average petrol pump sells 40,000 litres of petrol and 150,000 litres of diesel per month. First of all, we need to know that how petrol pumps earn money , basically they get commission for every liter of fuel they sell.

How much space is required to open a petrol pump?

Ideally, the area of 800 sq. meters – 1200 sq. meters is suitable for opening a petrol pump. 4. Fees and Charges Also Know: Which is the best bank for a business loan in India?