Petrol Price in Bangalore Rural Today: Rs. 94.77 - Rs. 95.41

Last Update: Wed, 12 May 2021 07:18:08

Petrol & Diesel Price Today in Bangalore Rural (Karnataka)

Petrol Price Today: ₹94.77 * - ₹95.41 [per litre] (as per IOCL)

Diesel Price Today: ₹87.26 - ₹87.84 [per litre] (as per IOCL)

This Price is effective from 12-05-2021 (6 A.M.)

Total number of IOCL Petrol Pump in Bangalore Rural is 64

Petrol Price Calculation Per Litre (Approx)

Basic Cost of Fuel after Refining, Freight Cost: Rs. 50.26/litre
Additional: Excise Duty + Road Cess as Charged by Central Government: Rs. 17.98/litre
Commission to Petrol Pump Dealers: Rs. 3.56/litre
Additional:VAT (Varies from State to State): Rs. 22.97/litre
Final Retail Price -(calculation): Rs. 94.77/litre *

Petrol & Diesel Prices (per litre) according to IOCL Petrol Pumps in Bangalore Rural (Karnataka)

Agarwal Pump - Dondupalya
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Amrutha Enterprises
Petrol Price: Rs. 94.92 | Diesel Price: Rs. 87.40

Apoorva Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Atiq Fuel Staion
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

C.m.and Bro’s Fuel Point
Petrol Price: Rs. 95.21 | Diesel Price: Rs. 87.66

C.r. Fuels
Petrol Price: Rs. 95.33 | Diesel Price: Rs. 87.77

Deepa Service Station
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Dk Filling Station
Petrol Price: Rs. 94.77 | Diesel Price: Rs. 87.26

Doddaganapathi Fuel Zone
Petrol Price: Rs. 95.23 | Diesel Price: Rs. 87.69

Ewest Enterprises
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Ganapathi Petroleum
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Gati Ltd (adhoc)
Petrol Price: Rs. 95.41 | Diesel Price: Rs. 87.84

Hmv Petro Services
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Indian Oil Corporation Limited
Petrol Price: Rs. 95.41 | Diesel Price: Rs. 87.84

J.n Fuel Park
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Jai Maruthi Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Jaya Fuel Station
Petrol Price: Rs. 95.41 | Diesel Price: Rs. 87.84

Keerthi Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Kiran Petroleum
Petrol Price: Rs. 95.23 | Diesel Price: Rs. 87.69

Laghumamma Agency
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Lakshmi Channakeshava Fuels
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Mahadeshwara Service Station
Petrol Price: Rs. 94.92 | Diesel Price: Rs. 87.40

Mamatha Enterprises
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Manjunatheshwara Fuel Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Manoj Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Maruthi Petro Park
Petrol Price: Rs. 95.22 | Diesel Price: Rs. 87.67

Mathru Fuel Zone
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Nandi Service Station
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

National Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Nisarga Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Om Sri Manjunatha Enterprises
Petrol Price: Rs. 94.92 | Diesel Price: Rs. 87.40

Pushpa Service Station Ioc Dealer
Petrol Price: Rs. 95.36 | Diesel Price: Rs. 87.80

Rajarajeswari Service Station
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Rbmc Enterprises
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

S.b.t Fuel Station
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

S.c.s. Enterprises
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

S.l.v. Filling Station
Petrol Price: Rs. 95.26 | Diesel Price: Rs. 87.71

Sai Maruti Service Station
Petrol Price: Rs. 94.85 | Diesel Price: Rs. 87.33

Shree Hari Petroleums
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Shri Manjunatha Swamy Fuel Point
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Shri Shivashakthi Service Station
Petrol Price: Rs. 95.26 | Diesel Price: Rs. 87.71

Shri Swarnambha Fuels
Petrol Price: Rs. 95.41 | Diesel Price: Rs. 87.84

Sowmya Keshava Enterprises
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Sri Bhairaveshwara Service Stn
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Sri Durga Enterprises
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Sri Ganesh Prasad Traders
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Sri Malai Mahadeshwara Enterprises
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Sri Maruthi Kisaan Petroleum
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Sri Nandi Kisan Seva Kendra
Petrol Price: Rs. 94.85 | Diesel Price: Rs. 87.33

Sri Saastha Service Station
Petrol Price: Rs. 95.33 | Diesel Price: Rs. 87.77

Sri Sharada Enterprises - Adhoc
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Srigandha Service Station
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Srinidhi Fuel Station
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Sumukha Fuel Point Ioc Dealer
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Supreeth Service Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

T.s.mahadevaiah Company
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Thejas Petro Park
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Trinity Service Station-nelamangala
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Two Brother S Service Station
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Veer Pitstop
Petrol Price: Rs. 95.17 | Diesel Price: Rs. 87.62

Veeragara Swamy Service Station
Petrol Price: Rs. 95.11 | Diesel Price: Rs. 87.57

Venkateshwara Fuel Station
Petrol Price: Rs. 94.85 | Diesel Price: Rs. 87.33

Vijayalakshmi Enterprises
Petrol Price: Rs. 95.18 | Diesel Price: Rs. 87.64

Yashas Filling Station
Petrol Price: Rs. 94.78 | Diesel Price: Rs. 87.27

Breakup of Petrol Price

The Price of Petrol & Diesel affect almost every Indian directly or indirectly. Such is the importance of these two that any increase or decrease in their price is widely discussed. The prices change every fortnight based on the changes in the price of crude oil and changes in tax rate. While people at large follow pricing of these two commodities, they do not understand the structure of pricing, the components that add up to the final price.

Crude oil is the major raw material for petrol. At present, 75% of India's crude oil needs are met through imports. And thus, international prices of crude oil and foreign exchange rates are the base components in determining the price of petrol at home. Only 25% of India's crude oil requirement is maintained by private sector companies like Reliance Industries, Cairn India Ltd, and public sector counterparts like Oil India, Oil and Natural Gas Corporation (ONGC) among others in this sector.

Barrels of Crude Oil are imported from somewhere in the oil fields of the middle east. The price is calculated in dollars per Barrel. The price in Indian rupees is also dependent on the foreign exchange rates for that fortnight. [ 1 Barrel = 158.987 litre (approx) ].

The Crude Oil is transported to India. Ocean freight and transport charges are now applied to Crude Oil. This Crude oil is now refined to extract Petrol. The Crude Oil is now bought by several Oil Marketing Companies (like IOCL, BPCL, HPCL, Reliance Industries and Essar cater) and then refine Crude Oil to Petrol. Refinery Transfer Price (RTP) is paid by OMCs to Refineries.

This refined Petrol is now sold to Dealers (individuals or businesses that own petrol pumps) by OMCs after adding other expenses & keeping some margin.

The Central Excise Duty is levied by the Central Government (Government of India). This is a fixed amount and not a percentage on the price. The dealer commission is also added to the price after imposition of the Central Excise. The State Governments levy Value Added Tax (VAT) or sales tax on the price arrived at by adding dealer price, central excise duty & dealer commission. The central excise duty, dealer's commission and State Govt's VAT percentage amount are fixed by Govt Fiscal Budget (Revenue & Expenditure)


(Photo Credit: https://factly.in/)