Acquiring an sdms.px.indianoil/edealer_enu pump near me dealership can be an extremely profitable venture for anyone seeking to break into fuel retailing, but there are certain considerations you should keep in mind before purchasing one.
PNB’s electronic dealer finance scheme is an innovative credit lending product tailored to Indian Oil dealers. This tailored loan provides them with lower interest rates, no margin requirements and requires minimal or no collateral security for borrowing funds.
1. Login to e-dealer portal
Punjab National Bank recently signed a Memorandum of Understanding with Indian Oil Corporation Ltd to meet their dealer financing needs. Through their electronic dealer finance scheme, this state-owned lender plans to offer lower interest rates with no margin and minimal or zero collateral requirements for credit facilities offered under their electronic dealer finance scheme. Loans may be taken out by existing proprietorships, partnerships, LLP companies and trusts with valid dealership agreements with Indian Oil.
IndianOil’s e-dealer portal provides an integrated platform to manage all your LPG account information, XTRAREWARDS loyalty card details and fuel pump details securely and conveniently – offering users an effortless user experience when it comes to accessing all their accounts at one time.
2. Login to e-payment portal
Punjab National Bank (PNB) and Indian Oil have come to an agreement that will meet their financing needs through PNB’s e-Dealer Finance scheme, providing credit facilities of up to Rs 2 crore at lower interest rates, no margin requirements and minimal or zero collateral requirements through this partnership. PNB noted this first-of-its-kind deal would benefit proprietorships, partnerships, LLP companies, trusts and society entities that have held dealership with Indian Oil for five years or longer – creating opportunities for existing proprietorships, partnerships, partnerships etc – and they plan to release speciality products tailored for MSME customers as well.
3. Login to e-remittance portal
If you need to log-in to the e-remittance portal, use your Indian oil e-dealer login. Here, you can submit and receive forms, edit and share them, as well as export them directly into cloud or online storage services.
Punjab National Bank (PNB) recently signed an MoU with Indian Oil Corporation to provide financial assistance for their dealers. Under this deal, Indian Oil dealers will enjoy loan facilities with reduced interest rates, no margin and minimal or zero collateral requirements through PNB’s electronic dealer finance scheme – available to proprietorships, partnerships, LLP companies, trusts or societies holding dealership contracts for at least five years with Indian Oil.
4. Login to e-banking portal
Punjab National Bank and Indian Oil Corporation have signed an MOU to meet the financing needs of their dealers. Through its electronic dealer finance scheme, PNB will offer credit facilities up to Rs 2 crore with zero margin or collateral security required – this facility is available to existing proprietorships, partnerships, LLP companies, trust and society entities that have held valid Indian Oil dealerships for five years or longer and met eligibility requirements. In addition, this MoU also pave ways for future speciality financing products offered by PNB.
This e-banking app enables its users to quickly and conveniently access their IndianOil LPG account, IndianOil XTRAREWARDS loyalty card and petrol pump information all from one convenient place. In addition, the application features personalized newsfeeds, stock tracking capabilities and real-time news coverage.