Before someone may begin the process of building a fuel station in India, the Indian government has established several conditions that must be met:

• The owner(s) of the fuel pump company should be Indian citizen.
• In the case of an NRI candidate, he or she must have spent more than 182 days in India.
• The applicant’s minimum age must be 21 years old, and their maximum age should not exceed 55 years old.
• Proof of birth certificate is mandatory.

Minimum Educational Qualification:

All applicants for a gas pump dealership must have a high school diploma or equivalent. Applicants for rural fuel pumps who are SC/ST or OBC must have completed at least 10th grade, and all other applicants must have completed at least a 10+2 level of examination. In the event of an open category application, the candidate must have completed a least 10+2 level test for rural petrol stations.

Other than applicants from rural areas, open category applicants must have an educational qualification from one of the universities established by an Act of the Central or State Legislatures in India, or from any other educational institution established by an Act of Parliament or a Deemed University.

Applicants who fall under the category of freedom fighters are exempt from the requirements.

Minimum Investment & Fees for a Petrol Pump in India:

In rural locations, a minimum investment of Rs 15 lakh or more is necessary to get a dealership.

In order to get a dealership in metropolitan regions, you must invest at least Rs 2 crore.

In India, there are two sorts of fees for opening fuel stations. The price for ROs in rural regions is Rs 12 lakhs, while the amount for ROs in urban areas is Rs 25 lakhs, however the value may vary from business to company.

The investment funds might take the following forms:

• Bank deposits
• National Savings Certificates
• Shares in Demat Form of all the listed Companies
• Bonds
• Mutual funds
• Saving account funds

It’s worth noting that cash, jewelry, and other items for which ownership cannot be verified will be ignored. In addition, the current account balance will not be taken into consideration. Only 60% of the value of stocks, mutual funds, and bonds will be evaluated. Obtain a Chartered Accountant’s value certificate for the assets.

Land Requirement for Petrol Pumps in India:

The business location specified should not be in a blacklisted or excluded zones. The site for gas pumps, like mobile towers, must be chosen based on the study of the petrol firms. These petrol firms frequently publicize sanctioned land sites, so check to see if your selected land area fits within that category before submitting your application.

You’ll also need to make sure you fulfil the following land requirements:

• You must either own or lease the land for the time period agreed upon by the oil dealership.
• Depending on the region, the needed land space should be between 800 and 2000 square meters.
• For the verification procedure, you must confirm that all of the land’s legal documentation is in order.
• The land should be developed and levelled, as well as conveniently accessible from the road.

Application Process for Licensing:

Oil Marketing Companies (OMCs) place advertising for the installation of fuel pumps in various areas, either on their official website or in periodicals. Candidates must meet the following requirements:

• Purchase a form for Rs 100 (rural regions) or Rs 1000 (urban areas) online, complete it with appropriate information such as personal identification, school records, and land information, then submit the relevant papers to the oil company’s website.
• After receiving the license, the applicant must receive a GSTIN number in order to pay GST and create a current account in the name of his petrol station.

Obtaining All the Necessary Certificates:

After the license has been approved, the next stage is to get the following certificates and licenses before constructing the petrol pump infrastructure:

• The Municipal Corporation and the Fire Safety Office have given their permission.
• a letter of approval (NOC) from the licensing and other relevant agencies.
• Certificate of the location.

We will help you with the complete documentation process and the setup of the petrol pump once you give us a call or connect with us through the website.