How much education is required to open a petrol pump? Know the benefits

Petrol Pump Business: With the rapidly increasing number of vehicles in the country, the demand for petrol and diesel is continuously increasing. This is the reason why petrol pump business is still considered a safe and long term earning business. Often this question comes in people’s mind that how much study is required to open a petrol pump and can everyone start it? If you are also thinking of getting into this business, then it is important to first understand the important information related to it. In such a situation, let us tell you today how educated it is necessary to open a petrol pump.

How much education is required to open a petrol pump?

Minimum educational qualification has been fixed for opening a petrol pump. Generally in rural areas it is necessary for the applicant to have passed 10th or 12th. Whereas in urban areas graduation is demanded. Apart from this, the age of the applicant should be at least 21 years and he should be a citizen of India. Also, there should not be any kind of criminal record.

Land and investment are also necessary to open a petrol pump

Land plays the most important role in opening a petrol pump. Approximately 1200 to 1600 square meters of land is required for the pump on the highway. Whereas in a city or town, 800 to 1000 square meters of land is considered sufficient. The land can be owned or taken on lease, but it is necessary for it to be legally clean. Talking about investment, it depends on the location. It may cost Rs 15 to 25 lakh in rural areas, Rs 30 to 50 lakh in urban areas and Rs 50 lakh to Rs 1 crore or more to open a petrol pump on the highway. In many cases, this expense can even reach Rs 2 crore, especially when the cost of land and infrastructure is high.

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How is the application process for petrol pump?

Major oil companies of the country issue advertisements from time to time for opening petrol pumps. Application is made completely online. After application, the selection process is based on lottery or merit. After selection, processes like land verification, document verification and interview are completed. After this the applicant is given training and given permission to start a petrol pump.

What is the method of earning?

The earning of a petrol pump is mainly based on the commission received per litre. The commission on petrol is around Rs 3 to 4 per liter and on diesel it is Rs 2 to 3 per litre. If daily sales of a pump are good, then good income can be earned every month. Apart from this, extra income is also earned on services like air filling, engine oil, lubricants, small shops and car washing.

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