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.
I’m planning to set up a brand new IOC petrol pump in my area. Can anyone here share detailed information about Where I Find the IOCL Petrol Pump Dealership Advertisement for 2025, including eligibility criteria, the application process, costs, and other essential info?
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.