What is Today's Petrol Price in Bangalore?
As of 22 June 2024, the current petrol price in Bangalore stands at ₹ 102.84 per litre. Below is a detailed look at the petrol pricing trends and comparisons.
Today's Petrol Price in Bangalore
- Price: ₹ 102.84 per litre
Weekly & Monthly Petrol Price Trends in Bangalore (per litre)
- Prices from 16-22 Jun 2024 remained stable at ₹ 102.84
Comparison: Today's Petrol Price vs Yesterday
- Today: ₹ 102.84
- Yesterday: ₹ 102.84
- Price Change: ₹ 0
Petrol Prices in Major Cities (per litre)
- Delhi: ₹ 96.72
- Mumbai: ₹ 106.31
- Chennai: ₹ 102.63
- Kolkata: ₹ 106.03
- Hyderabad: ₹ 109.66
Petrol Price in Bangalore Over the Last 10 Days (per litre)
- 15-22 Jun 2024: Prices remained at ₹ 102.84, unlike 13-14 Jun 2024, which recorded ₹ 99.82
Weekly Comparison of Petrol Prices
- Notable weekly rates from 30 Dec 2023 to 22 Jun 2024 showed a peak at ₹ 102.85 in Apr 2024
Diesel Price in Bangalore
- Current Price: ₹ 88.92 per litre
Gold and Silver Rates in Bangalore
- Gold (22K): ₹ 6,745 per gram
- Silver: ₹ 96.5 per gram
Disclaimer: Information provided is based on current data and does not constitute investment advice.
Monthly Trend of Petrol Price in Bangalore for June 2023 (per litre)
- Unchanged prices observed from 1-30 June 2023 at ₹ 101.92 with no fluctuations
Petrol Price Trends in Previous Months of 2023
- Steady at ₹ 101.92 for Jan, Feb, Mar, Apr, and May 2023
Petrol Price Assessment in Comparison to Other Metros
Bangalore ranks fifth in petrol pricing among major cities including Mumbai, Delhi, and Hyderabad.
Petrol Price Revision Frequency
Prices adjust daily post-16 June 2017, reflecting international crude variations, updated at 6 a.m. daily.
Factors Influencing Petrol Prices in Bangalore
- Dynamic elements like global crude rates, taxes, and marketing margins contribute to fluctuations.
State Taxes and Petrol Pricing
Karnataka's VAT rate for petrol is 32%, positioning it as the lowest in southern India, while Tamil Nadu charges 34%.
Potential GST Impact on Petrol Prices
Inclusion under GST could reduce petrol prices due to a max GST rate of 28%, below current tax aggregation.
Petrol vs Diesel Price Difference in Bangalore
Diesel maintains a lower price point due to less stringent tax implications, making it more economical compared to petrol.