Indian Oil Corporation Limited (IOCL), one of India’s largest and most prominent petrochemical companies, offers a lucrative business opportunity for individuals interested in opening a petrol pump. Alongside Hindustan Petroleum and Bharat Gas, IOCL dominates the industry and continues to expand its operations both domestically and internationally.
In this guide, we’ll provide you with detailed information about the IOCL Petrol Pump Dealership Advertisement for 2025, including eligibility criteria, the application process, costs, and other essential details.
Why Choose Indian Oil for a Petrol Pump Dealership?
Indian Oil is a trusted name with a vast network across India and several other countries like Sri Lanka, Mauritius, UAE, Singapore, Sweden, USA, and the Netherlands. The company also manages joint ventures with 20 businesses, ensuring a solid foundation for its dealers.
Here’s why Indian Oil Petrol Pump Dealership is an excellent choice;
- Brand Recognition => IOCL is a government-backed entity known for its quality and reliability.
- Extensive Network => With outlets in both urban and rural areas, IOCL ensures a steady customer base.
- Lucrative Commissions => Earn commissions on every liter of petrol and diesel sold.
- Supportive Business Model => IOCL provides structured guidelines, security, and facilities to support your business.
Key Highlights
| Company Name | Indian Oil Corporation Limited (IOCL) |
| Business Type | Public Sector Business |
| Dealership Availability | Pan-India |
| Year | 2024 |
| Official Website | www.iocl.com |
Location Suitability
IOCL caters to different regions through tailored retail outlets:
- Regular Retail Outlets: Located on highways and in urban/semi-urban areas.
- Rural Retail Outlets (Kisan Seva Kendra): Targeted in rural areas and not situated on highways.
Eligibility Criteria
Before applying, ensure you meet the following eligibility requirements:
General Eligibility;
- Applicants must be permanent residents of India.
- Age must be between 21 and 55 years (age relaxation for certain categories).
- Educational Qualification:
- Urban Areas: Minimum 12th pass.
- Rural Areas (Kisan Seva Kendra): Minimum 10th pass or the ability to read, write, and count.
Reserved Categories;
- SC/ST Candidates: Can apply under reserved categories.
- Widows: Eligible to apply.
- National Sports Personalities: Including Arjuna Awardees, ASIAD or Commonwealth Games participants, Olympic achievers, etc.
- Freedom Fighters: Eligible under reserved categories.
- Paramilitary, Police, and Government Personnel: Can apply under specific reserved categories.
Partnership Eligibility;
- Entities must be registered in India for at least three years.
Documents Required
Personal Documents;
- Permanent Resident Certificate
- Age Proof: Birth Certificate, Aadhaar, Passport, or Voter ID.
- Educational Qualification Documents
- Bank Details: Passbook photocopy, account statement, or depository receipts.
Land-Related Documents;
- Khasra and Khatauni Documents issued by the Revenue Department.
- Registered Lease Deed (if applicable).
- Registered Sale/Gift Deed.
Reserved Categories;
- SC/ST Applicants: Caste Certificate.
- Sports Personalities: Certificate from the Department of Youth Affairs and Sports.
- Defense Category: Certificate from the Ministry of Defense.
- Freedom Fighters: Certificate issued by the Ministry of Home Affairs.
Cost and Commission
| Location Type | Minimum Investment |
|---|---|
| Rural Areas | ₹15 Lakh |
| Urban Areas | ₹25 Lakh |
Dealer Commission:
- Petrol: ₹2.58 per liter.
- Diesel: ₹1.65 per liter.
Facilities Provided by IOCL
- Driveway: Easy vehicle movement.
- Salesroom: IOCL provides designs and structures.
- Boundary Wall: Fenced area for security.
- Electricity and Fire Safety: Fully equipped with fire extinguishers as per norms.
- Additional Facilities: Toilets, water supply, and a tire air facility.
Application Process
Follow these steps to apply for the IOCL Petrol Pump Dealership:
- Check Advertisements: IOCL publishes state-wise advertisements in newspapers in English and regional languages.
- Application Submission:
- Visit the official website or the nearest IOCL office to access the application form.
- Fill out all the required details, including:
- Personal information (name, age, qualifications, etc.).
- Land details (block, district, ownership, lease details, etc.).
- Category under which you’re applying (general or reserved).
- Document Submission: Attach all relevant documents with the application form.
- Affidavit Submission: Submit an affidavit on stamp paper, as per state regulations.
- Selection Process: The selection process includes an interview and verification of the land and other details.
- Security Deposit: Once selected, deposit ₹10,000 as a refundable security amount.
Key Links and Resources
- IOCL-Retail-Outlet-Dealership-Application-Form
- Affidavit Format for Individual Applicants
- Affidavit Format for Entities
The Indian Oil Petrol Pump Dealership is an excellent opportunity for aspiring entrepreneurs looking for a stable and profitable business model. With a minimal investment, robust support from IOCL, and the backing of a trusted brand, this venture ensures long-term growth and success. If you still have any queries regarding the dealership, feel free to drop your questions in the comment section below. We’re here to help!