Register on the portal and follow the OTP-based process. Fill the form.
Login. Select the available advertisement option. This page will display all state-wise advertisements for inviting dealership of retail outlets.
Select the particular advertisement. Click on the button for the specific location. Fill the application form.
You can temporarily save your application and edit it any time. In that case, you have to select the Applied Advertisement after logging in to the portal.
Press the button, submit and proceed for payment.
Click on the Online Payment button.
After successful payment, you will receive the receipt via email.
Selection Process
Depending on the type of petrol pump outlet, the officials will make the selection through lottery or bidding process.
Finally, the selected candidates will be asked to submit documents for land evaluation and field verification of credentials. They have to pay 10% of the total security deposit in this step.
After receiving the partial deposit, the documents will be scrutinised. After successful verification, the officials will issue the LOI.
Human hand depositing coins on black background with hexagonal gold shapes
Investment
The investment will depend on the location of the petrol pump outlet and the additional facilities offered. The estimated cost is Rs 2 crore in urban areas and Rs 50 lakh in rural areas.
Fees & Deposit (Part of total investment)
Interest-free, refundable security deposit:
Regular outlets – General: Rs 5 lakh; OBC: Rs 4 lakh; SC/ST: Rs 3 lakh
Rural area outlets – General: Rs 4 lakh; OBC: Rs 3 lakh; SC/ST: Rs 2 lakh
Fixed, non-refundable fee or bid amount:
For dealer-owned sites – Rs 5 lakh for rural outlets and Rs 15 lakh for regular outlets.
For company owned sites allotted by bidding - Minimum Rs.10 lakh for rural shops and Rs.30 lakh for regular shops.
Conclusion
People in the business consider the allotment letter for petrol pump dealership a prized asset. But like any other business, managing a petroleum retail outlet also comes with its own challenges. Again, it is your acumen, strategy and efforts that will lead to success.
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