Hello readers,
Welcome to our new post, which is regarding the Indian Oil Distributorship. Today, many small to big businesses have started, in which one has to take the distributorship of a company’s product. So, if you are planning to start an Indian Oil Distributorship business, then we are here for you. Indian Oil Distributorship is an eminent business, and you all have to start with simple steps. In today’s market, the demand for fuel and lubricants has increased day by day. So, don’t think so much, we are here to provide information about the Indian Oil Distributorship Apply Online, Dealership Cost & Profit Margin. Just stay connected with us for more details.
Indian Oil Distributorship
As we all know, the demand for fuel in local shops, industrial sectors, and transportation is increasing. So, the Distributorship of Indian Oil is a profitable business for you. Distributorship for Indian Oil involves the distribution and sale of fuel and lubricant products to retailers, businesses, or individuals. As a distributor, you work as an intermediary between Indian Oil Corporation and the end consumers. Your primary responsibility is to ensure that the fuel and lubricant products reach the intended market effectively and efficiently.
Highlights – Indian Oil Distributorship Apply, Dealership Cost & Profit Margin
| Article About | Indian Oil Distributorship Apply Online, Dealership Cost, and Profit Margin |
|---|---|
| Marketing Company | Indian Oil Corporation Limited |
| Type of Dealership | Wholesaler/Retailer |
| Mode of Applying | Online |
| Article Category | Dealership/Distributorship Inquiry |
| Year of Advertisement | 2024 |
| Selection Process | Document Verification & Interview |
| Location of Dealership | All regions of the Indian Nation |
Indian Oil Distributorship: Eligibility Criteria & Requirements
To start an Indian Oil distributorship, you have to pass some eligibility criteria. If you do not, you can’t get the distributorship of this reputed company. So, here we will mention the Indian Oil distributorship eligibility criteria which are given below. Let’s explore the details by reading below:
| Criteria | Requirements |
|---|---|
| Basic Space Requirement | 300 sq ft. to 500 sq ft. |
| Godown Space Requirements | 1000 sq ft. to 1500 sq ft. |
| Licensing and Permits | Required Business License related to Fuel Safety, Land issuance, and Registered GST |
Note: Other specific criteria are sent & asked by the Distributorship Owner, so fulfill them when they ask.
Documents Required For Indian Oil Distributorship
There are some documents & licenses, which you have to submit at the time of applying for distributorship for Indian Oil. The list of documents & licenses is mentioned below:
- ID Proof: Aadhaar Card, PAN Card, Voter Card of Applicant
- Address Proof: Electricity Bill/Ration Card of Applicant
- Applicant’s Qualification Certificate
- Photograph, Email ID, Mobile Number of Applicant.
- Current A/C and cancel Cheque.
- GST Number
- Outlet Trade license
- Shop agreement / Sale deed
- Rent agreement
- N.O.C
Indian Oil Distributorship 2024: Dealership Cost
Another important thing to starting a distributorship business of Indian Oil is the distributorship cost. We will refer it to as an investment also. Many people are searching for the distributorship cost for this brand to start a business. So, in this section, we will provide the details about the Distributorship Cost for Indian Oil.
| Component | Cost (INR) |
|---|---|
| Security Fees | As per company policy |
| Minimum Initial Stock Purchase Cost | 2 lakhs (approx.) |
| Basic Infrastructure | 2 lakhs (approx.) |
| Shop/Godown Cost | If you have your own space then, it will not cost money, otherwise, you can buy or rent a specific place for it. |
| Commercial Vehicle Cost | 10 lakhs (No. of vehicles depends on your route) |
| Working Capital | 3 lakhs (approx.) |
| Total Dealership Cost | INR 10 Lakh to INR 15 Lakh |
Indian Oil Distributorship: Profit Margin
In this section, we will share the details about the Indian Oil distributorship profit margin. First of all, you should remember that once the company accepts your profile for a dealership, you will be eligible for distributorship. After that, you will make your profit margin up to 10% to 15%. Here are the complete margin details. So, look at the below description for more details:
| Component | Details |
|---|---|
| Per liter profit margin | INR 2 to INR 3 |
| Daily gross profit | Depending on sales volume |
| Monthly gross profit | Calculated based on daily sales and profit margins |
Indian Oil Distributorship Apply Online
In this part of the article, we will tell you about the application process for Indian Oil distributorship. This distributorship program has a specific application process. So, here we will provide you with the Indian Oil distributorship program application process:
- Visit the official Indian Oil Corporation website.
- Navigate to the “Business with Us” section.
- Select “Dealership” and fill out the application form with the required details.
- Submit the necessary documents for verification.
- Attend the interview as part of the selection process.
- Upon approval, complete the formalities to start your distributorship.
Stay connected with us for more details on Indian Oil Distributorship Apply Online, Dealership Cost & Profit Margin.