Petrol Pump Business: License, Investment, and Full Step-by-Step Process Revealed

• Petrol pump business offers daily cash flow and long-term income, considered a 'golden option' by experts.
• Government oil companies (Indian Oil, Bharat Petroleum, Hindustan Petroleum) periodically advertise for new petrol pump licenses.
• Application requires details on land, investment capacity, and personal information, followed by an interview and document verification.
• Opening a petrol pump typically requires an investment of approximately 2 crore rupees or more, covering land, machinery, and infrastructure.
• Owners earn a fixed dealer commission per liter of fuel; high-traffic locations ensure stable and reliable income.

Why It Matters: Opening a petrol pump is a lucrative business requiring significant investment and a stringent selection process.