1 / 5

What are the things required to start petrol bunk in India

The requirements for petrol pump dealership are as follows:<br>1) The individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. To be considered a resident of India, an individual should have stayed in India for 182 days or more in the previous financial year.<br>2) The applicant must also be not less than 21 years old and not more than 55 years. Appropriate documents citing Proof of age of the applicant must be submitted. <br>

EssarOil
Download Presentation

What are the things required to start petrol bunk in India

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. NAYARA ENERGY

  2. COMPANY OVERVIEW Nayara Energy proudly owns & operates India’s second largest single site refinery at Vadinar, Gujarat with a capacity of 20MMTPA. Nayara Energy is one of the world’s most modern refineries with a high complexity index of 11.8. The Vadinar refinery is capable of processing some of the toughest crudes and yet produce high quality Euro IV and Euro V grade products.NayaraEnergy also manages the fastest growing retail business chain in India with the largest private sector fuel retail network. The company has over 4,500 operational outlets spread across India and more than 2,600 outlets at various stages of completion.

  3. What are the things required to start petrol bunk in India • The requirements for petrol pump dealershipare as follows: • The individual must be an Indian Citizen and a resident of India, as per the Income Tax rules. To be considered a resident of India, an individual should have stayed in India for 182 days or more in the previous financial year. • The applicant must also be not less than 21 years old and not more than 55 years. Appropriate documents citing Proof of age of the applicant must be submitted. • To start a petrol pump business, the applicant must show the ability to invest a minimum of Rs.25 lakhs in case of regular petrol pumps and Rs.12 lakhs in case of rural petrol pumps.

  4. What are the things required to start petrol bunk in India • The funds for investment can be in the forms like funds in savings accounts, deposits with Bank/Registered Companies/Postal Schemes, National Savings Certificates, Bonds, Shares of listed Companies in Demat Form, Mutual Funds, cash and jewellery etc. • Land is a major criterion in the selection of petrol pump dealers. The applicants are first classified into two groups as follows: • Applicants having suitable piece of land in the advertised location/area either by way of ownership / long term lease. • Applicants having Firm Offer for a suitable piece of land for purchase or long term lease. • For more information or to apply for petrol bunk dealership, you can call us 1800-1200-330 or visit www.nayaraenergy.com

  5. THANK YOUhttps://www.nayaraenergy.com/

More Related