If you want to earn more money in less time, we have a great business idea for you. By starting this business, you can quickly become a millionaire. We’re talking about the business of selling petrol and diesel online. You can start a door-to-door home delivery service for petrol and diesel. This is a new business, and there is currently no competition in it. With the increasing number of vehicles in the country, the demand for petrol and diesel is growing rapidly.
If you want to start selling petrol and diesel online, you will need to contact oil companies for approval. Once approved, you can begin the business.
These days, it’s the era of digital services. Along with mobile phones, laptops, garments, and electronics, almost every type of product is delivered to your home. Whether it’s shopping from an e-commerce website or app, goods are delivered to your doorstep within hours. For some time now, groceries, fruits, and vegetables have been being delivered to homes quickly in the country.
You Will Need an App to Sell Oil Online
Before 2016, the online sale of petrol and diesel was not allowed. However, the government later permitted online sales. To start this business, you will need to prepare and submit a detailed project report to oil companies. It is important to create this report carefully, as approval depends on how well your project is presented. If the oil companies approve your project, you will receive permission to sell petrol and diesel online.
Keep in mind that there is a minimum quantity set for orders, meaning customers cannot order less than the specified amount. Additionally, you will need to create an app or website for your business. This is essential because orders will be taken online.
Investment Required for Online Oil Sales
To start a petrol and diesel home delivery business, you will need to invest approximately Rs 12 lakh. If you don’t have this amount, you can apply for a loan of up to Rs 10 lakh from any bank through the PM Mudra Loan scheme.