About NFL Dealership:
The National Fertilizers Limited (NFL) is a leading fertilizer company in India that offers various types of fertilizers to farmers across the country. In order to reach out to more farmers and provide them with easy access to their fertilizers, the NFL offers dealership opportunities to interested individuals and organizations. In this article, we will discuss the eligibility criteria, terms and conditions, fees, and types of NFL fertilizer dealership.
Eligibility Criteria:
To become an NFL fertilizer dealer in India, the individual or organization should fulfill the following criteria:
- The applicant should have a minimum of 2 acres of land for stocking and selling fertilizers.
- The applicant should have a minimum net worth of Rs. 5 lakhs.
- The applicant should have a minimum educational qualification of matriculation (10th standard).
- The applicant should not be a defaulter of any financial institution.
- The applicant should have a valid PAN card and GST registration.
Terms and Conditions:
- The dealership agreement is valid for a period of 3 years and can be renewed based on performance.
- The dealership will be awarded to the applicant who secures the highest points as per the selection criteria.
- The dealer should maintain an adequate stock of NFL fertilizers throughout the year.
- The dealer should sell the fertilizers at the maximum retail price (MRP) fixed by the company.
- The dealer should not sell the fertilizers to any unauthorized person or organization.
- The dealer should maintain proper records of sales and stock and submit them to the company as and when required.
- The company has the right to terminate the dealership agreement if the dealer fails to comply with the terms and conditions.
Fees:
- The application fee for NFL fertilizer dealership is Rs. 1,000.
- The security deposit for the dealership varies based on the type of dealership and location. It can range from Rs. 50,000 to Rs. 5 lakhs.
How to take NFL Fertilizer Dealership:
- The interested individual or organization should download the dealership application form from the NFL website.
- The applicant should fill the form with all the necessary details and submit it along with the application fee.
- The company will verify the eligibility criteria of the applicant and award points based on various parameters such as location, experience, and financial strength.
- The applicant with the highest points will be awarded the dealership, and the agreement will be signed after the payment of the security deposit.
Types of NFL Fertilizer Dealership:
- Retail Dealership: In this type of dealership, the dealer can sell NFL fertilizers to farmers in a specified area. The dealer should maintain a minimum stock of 15 MT of fertilizers.
- Bulk Dealership: In this type of dealership, the dealer can sell NFL fertilizers in bulk to institutional buyers such as cooperatives, government agencies, and private companies. The dealer should maintain a minimum stock of 50 MT of fertilizers.
In conclusion, becoming an NFL fertilizer dealer can be a lucrative opportunity for individuals and organizations who meet the eligibility criteria and are willing to comply with the terms and conditions. It is important to maintain a good relationship with the company and the customers to ensure long-term success in the business.