Petrol Price In Chandigarh Today

Petrol Price in Chandigarh:

Chandigarh is a union territory in India and serves as the capital of two states - Haryana and Punjab. The city is one of the oldest planned cities in post-independence India and is famous for its modern architecture and urban planning. Spread over an area of 114 sq.km, the city is well served by the public transportation system as well as private vehicles.

With a burgeoning population, Chandigarh’s transportations depend on fuel to aid its economy. The city has the largest number of vehicles per capita in the country and the vehicle density in the city has only increased in the recent past and petrol has become an important commodity.

Trend of Petrol Price in Chandigarh for October 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for October 2022

• Petrol prices opened the month of October standing at the rate of Rs.96.18 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of October in Chandigarh.
• In Chandigarh, the last week of October closed with the price of the fuel standing at the rate of Rs.96.18 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Petrol Price in Chandigarh for September 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for September 2022

• Petrol prices opened the month of September standing at the rate of Rs.96.18 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of September in Chandigarh.
• In Chandigarh, the last week of September closed with the price of the fuel standing at the rate of Rs.96.18 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Petrol Price in Chandigarh for August 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for August 2022

• Petrol prices opened the month of August standing at the rate of Rs.96.18 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of August in Chandigarh.
• In Chandigarh, the last week of August closed with the price of the fuel standing at the rate of Rs.96.18 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Petrol Price in Chandigarh for July 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for July 2022

• Petrol prices opened the month of July standing at the rate of Rs.96.18 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of July in Chandigarh.
• In Chandigarh, the last week of July closed with the price of the fuel standing at the rate of Rs.96.18 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Petrol Price in Chandigarh for June 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for June 2022

• Petrol prices opened the month of June standing at the rate of Rs.96.18 per litre in Chandigarh. When compared to the closing rates of the previous week, there were no changes in the price of the fuel.
• The price of the fuel was stable and witnessed no fluctuations during the month of June in Chandigarh.
• In Chandigarh, the last week of June closed with the price of the fuel standing at the rate of Rs.96.18 per litre. Over the week, the fuel prices displayed a stability in its overall performance in Chandigarh.

Trend of Petrol Price in Chandigarh for May 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for May 2022

• Petrol price in Chandigarh opened the month of May standing at the rate of Rs.104.74 per litre.
• The highest petrol rate was recorded on 1 May wherein a litre of petrol was being traded at the rate of Rs.104.74. The lowest price of petrol was recorded from 22 to 31 May when it stood at the rate of Rs.96.18 per litre.
• In Chandigarh, the month of May closed with the price of the fuel standing at the rate of Rs.96.18 per litre. There was an overall declining trend of -8.17% in the performance of petrol price in Chandigarh.

Trend of Petrol Price in Chandigarh for April 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for April 2022

• Petrol price in Chandigarh opened the month of April standing at the rate of Rs.101.19 per litre.
• The highest petrol rate was recorded on 30 April wherein a litre of petrol was being traded at the rate of Rs.104.74. The lowest price of petrol was recorded on 1 April when it stood at the rate of Rs.101.19 per litre.
• In Chandigarh, the month of April closed with the price of the fuel standing at the rate of Rs.104.74 per litre. There was an overall inclining trend of 3.51% in the performance of petrol price in Chandigarh.

Trend of Petrol Price in Chandigarh for March 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for March 2022

• Petrol price in Chandigarh opened the month of March standing at the rate of Rs.94.21 per litre. After being stable for weeks, the fuel price witnessed a hike on 22 March.
• The highest petrol rate was recorded on 31 March wherein a litre of petrol was being traded at the rate of Rs.101.19. The lowest price of petrol was recorded from 1 to 21 March when it stood at the rate of Rs.94.21 per litre.
• In Chandigarh, the month of March closed with the price of the fuel standing at the rate of Rs.101.19 per litre. There was an overall inclining trend of 7.41% in the performance of petrol price in Chandigarh.

Trend of Petrol Price in Chandigarh for February 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for February 2022

• In Chandigarh, the price of petrol opened the month of February standing at the rate of Rs.94.21 per litre. There were no changes in the price, when compared to the closing price of the fuel of the previous week.
• The price of the liquid gold stood steady in Chandigarh during the month. In the month of February, the price of the fuel was unaltered, witnessed no fluctuations, and was trading at the rate of Rs.94.21 per litre.
• In February, the price of petrol closed the month at the rate of Rs.94.21 per litre. The overall performance of the fuel witnessed a stability during the month of February in Chandigarh.

Trend of Petrol Price in Chandigarh for January 2022 (rates per litre):

Monthly Petrol Price Trend in Chandigarh for January 2022

• In Chandigarh, the price of petrol opened the month of January standing at the rate of Rs.94.21 per litre. There were no changes in the price, when compared to the closing price of the fuel of the previous week.
• The price of the liquid gold stood steady in Chandigarh during the month. It witnessed no fluctuations and stood at the same price point wherein a litre of the fuel was being traded at the rate of Rs.94.21 per litre.
• Petrol closed the month of January while being traded at the rate of Rs.94.21 per litre. The overall performance of the fuel witnessed a stability during the month of January in Chandigarh.

Why do Petrol Price Change Daily in Chandigarh?

Under the new ‘dynamic fuel pricing’ mechanism, petrol rates are revised daily. Until July 2017, petrol prices were revised fortnightly taking the average global crude oil price and the US Dollar exchange rate; however, this mechanism did not allow retailers to increase or decrease the price in case of incline or decline in the crude oil prices, which is dynamic in nature.

To offset any losses, the new pricing was introduced to sell petrol at the previous day’s crude oil price and the US dollar exchange rate in the market. Therefore, any increase in the global crude oil price will increase the current petrol price in India and vice versa.

How to Check Petrol Price Daily in Chandigarh?

With the new pricing mechanism in place, the current petrol price is more or less different compared to the previous day’s price. It’s quite challenging to know today’s petrol price in a city; however, OMCs have developed several ways to check petrol price daily.

• Via Smartphone Apps: Oil companies have launched their respective mobile apps to track or check the petrol price on a daily basis. IOC has launched the ‘Fuel@IOC’ app, BPCL customers can take advantage of the ‘SmartDrive’ app, while HPCL has launched the ‘MY HPCL’ app to check the current petrol rate in a particular city.
• Via SMS: For those who would like to utilise the SMS facility. The process below will help you track the current fuel price.
  • IOC: SMS RSP dealer code to 9224992249.
  • HPCL: SMS HPPRICE dealer code to 9222201122.
  • BPCL: SMS RSP dealer code to 9223112222.
• Via Website: Additionally, customers can visit OMCs respective website to check the current petrol price in a city.

What is the Breakup of the Petrol Price?

The table below offers the breakup of the petrol price in Chandigarh and how each of these components contributes to the retail selling price of petrol. The price is taken as on 3 June 2018.

Petrol Vs. Diesel Rate in Chandigarh

Petrol prices are comparatively higher than diesel. The tax on petrol is much higher than diesel making the petrol dearer. During April 2018, the average petrol price in Chandigarh stood at Rs.71.37 per litre, while diesel stood at Rs.63.43 per litre. The average difference between the two extensively utilised fuel is Rs.7.94 per litre.

Why is GST not Applicable on Petrol?

The Goods and Service Tax (GST) was introduced on 1 July 2017 which is applicable on sale of goods or services in the country. However, petroleum products, electricity and alcoholic beverages are exempted from the GST. This is due to state governments losing out on the revenue generated through the sale of petroleum products in the state. If petrol is brought under the ambit of the GST, the petrol price in Chandigarh will reduce drastically as the current taxes on petrol is much higher compared to the highest tax slab in the GST.

Also Check Petrol Price in NearBy Cities of Chandigarh

*Disclaimer: BankBazaar makes no guarantee or warranty on the accuracy of the data provided on this page, the prevailing prices are susceptible to change and provided on an as-is basis. We accept no liability for any loss arising from the use of the data contained on this website.