Find today's Petrol price in Vellore. The latest petrol rates are regularly updated here. Read on to find out the current petrol price in Vellore
₹ 0
Ltr | Today | Yesterday | Price Change |
1 ltr | ₹ 102.11 | ₹ 102.11 | ₹ 0 |
Date | Price |
05 Sep 2025 | ₹ 102.11(0) |
04 Sep 2025 | ₹ 102.11(0) |
03 Sep 2025 | ₹ 102.11(0) |
02 Sep 2025 | ₹ 102.11(0) |
01 Sep 2025 | ₹ 102.11(0) |
31 Aug 2025 | ₹ 102.11(0) |
30 Aug 2025 | ₹ 102.11(0) |
29 Aug 2025 | ₹ 102.11(0) |
28 Aug 2025 | ₹ 102.11(0) |
27 Aug 2025 | ₹ 102.11(0) |
*Disclaimer: Bankbazaar makes no guarantee or warranty on the accuracy of the data provided on this site, the prevailing rates are susceptible to change with Market value and provided on an as-is basis. Nothing contained herein is intended or shall be deemed to be investment advice, implied or otherwise. We accept no liability for any loss arising from the use of the data contained on this website.
Table of Contents
Petrol price in Vellore has reached to its 4-year high at the beginning of the current year. Towards the end of March 2018, the fuel price in the city was Rs.76.80 per liter. It consistently increased throughout the month. In February 2018, the opening fuel price was Rs.76.79 per liter and the closing price was Rs.75.16 per liter. The highest price was at Rs.77.13 per liter and the lowest price was at Rs.75.16 per liter. In January 2018, the fuel rate was up by Rs.3.01 per liter. The month began with a price tag of Rs.73.64 per liter and closed with a price tag of Rs.76.65 per liter. During the month, the highest price was logged at Rs.76.65 per liter and the lowest price at Rs.73.64 per liter.
Let's now consider monthly trends. On 02 January 2017, the fuel was priced at Rs.71.14 per litre in the city. It fell to Rs.70.34 per litre in April 2017 and further increased to Rs.72.26 per litre in May 2017. On the first day of June 2017 and July 2017, fuel prices in Vellore were Rs.71.00 per litre and Rs.66.46 per litre respectively. In September 2017, it climbed to Rs.72.88 per litre. The fuel price in October 2017 was Rs.74.48 per litre. Towards the end of 2017, the average fuel price was Rs.72.75 per litre.
Dynamic fuel price is the name of the recently launched fuel revision module that has replaced the fortnightly-based fuel pricing system. It was introduced in the country in the month of June 2017 after making a 40-day test. Since June 2017, oil selling entities in Indian cities, including Vellore, are updating fuel rates regularly. In lieu of considering fortnightly-based average prices, oil selling entities shall consider the trends in crude oil rates at a global level and the exchange ratio. The updated fuel rate is released each day at 06:00 a.m. Fuel consumers in the city of Vellore may expect minute variations. Sometimes, the fuel price may remain unchanged.
In India, dynamic fuel pricing has been brought after making a deep research and considering its impact on various industry partners. It has also been deployed in other nations, including Russia, Japan and the USA. Market experts believe that it definitely combats the shortfalls associated with the earlier fuel revision methodology. Firstly, it ensures that the full revision is free from political influences and supports the mechanization drive of oil companies, including Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporations Limited (IOCL) and Hindustan Petroleum Corporation Limited (HPCL).
OMCs in Vellore are significantly profited by the daily revision methodology. They can assure that the fuel is supplied consistently and can deploy the best practices with respect to inventory management (stock management). More importantly, OMCs will be able to curtail day-to-day expenses and also the time desired to run operations. Cash management is easier since they can anticipate cash incomings and cash outgoings. Dynamic fuel pricing also augments the operational efficiency of OMCs throughout the year and helps them to provide the best customer services.
Consider any one of the following methods to trace the latest petrol price in Vellore:
SMS
Smartphone users are advised to download the respective mobile applications provided by the oil companies. Most consumers prefer this option since it is easy. Consider downloading either Fuel@IOC or My HPCL or SmartDrive. Indian Oil offers Fuel@IOC with great features and functionalities. My HPCL is provided by Hindustan Petroleum. The application is accessible through Window devices, IOS devices and Android devices. Bharat Petroleum provides SmartDrive, which is unique and user-friendly. This app also provides details related to loyalty dealings on SmartFleet and Petrocard.
Like mentioned in the earlier section, fuel prices in Vellore are determined and readjusted by publicly-owned oil companies. The Retail Selling Price (RSP) of petrol offered by them consists of costs, which are expended at each stage of fabrication. As per sources, fuel elements account for 52% of the RSP of petrol. The following are the prime cost elements of the fuel price in Vellore:
The Petrol Price in Vellore is influenced by the following aspects:
The GST system does not levy taxes on petrol buyers in the city. The Central Government continued the earlier tax system on petrol, including its 5 byproducts. If the GST Council brings petrol under the GST context, both the State Government of Tamil Nadu and the Central Government are likely to incur heavy losses. The GST Council may consider bringing petrol under the current tax framework by making necessary changes.
*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.
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