Today's Petrol Price/Rate in Mumbai

Find today's Petrol price in Mumbai. The latest petrol rates are regularly updated here. Read on to find out the current petrol price in Mumbai.

Updated on

05 Sep 2025

Today's Petrol Price in Mumbai

₹ 103.49/ 1 ltr

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Weekly & Monthly Graph of Petrol Price in Mumbai (1 ltr)
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Petrol Price in Mumbai (Today & Yesterday)

LtrTodayYesterdayPrice Change
1 ltr₹ 103.49₹ 103.49

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Petrol Price in Mumbai for Last 10 days

DatePrice
05 Sep 2025₹ 103.49(0)
04 Sep 2025₹ 103.49(0)
03 Sep 2025₹ 103.49(0)
02 Sep 2025₹ 103.49(0)
01 Sep 2025₹ 103.49(0)
31 Aug 2025₹ 103.49(0)
30 Aug 2025₹ 103.49(0)
29 Aug 2025₹ 103.49(0)
28 Aug 2025₹ 103.49(0)
27 Aug 2025₹ 103.49(0)

Petrol Price Weekly Comparison

*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.

Updated On - 05 Sep 2025
Petrol Price in Mumbai

About Petrol 

Petrol is one of the widely used fuel oils in India. Popular for its efficiency and mileage, the petroleum distillate is used to power motor vehicles and equipment installed with petrol engines or compression-ignition engines. .   

Factors Affecting Petrol Prices in India 

Some of the main factors that affect the prices of petrol in India are mentioned below: 

  1. The cost price of crude oil. 
  2. The exchange rates. 
  3. The tax component.  
  4. The purchasing price of unrefined oil. 
  5. Weather reports. 
  6. Global demands. 
  7. Global political moves. 
  8. Overseas surpluses and supplies. 
  9. The currency conversion ratio. 

Dynamic Fuel Pricing 

The fortnightly-based revision has now been replaced by the daily revision since 16th June 2017. All fuel outlets in the city will update petrol prices on a day-to-day basis.  

Petrol is priced based on two important considerations, the performance of crude oil in overseas markets and the performance of the Indian currency against the currency of the United States of America. 

The move is beneficial for consumers and dealers as well. In fact, the daily revision is being practiced by two major economies of the world, the United States of America and Australia. 

Tax Structure on Petrol Price in Mumbai

Parameters

Rates/litre

A. Price charged to the dealers

Rs.48.23

B. Excise Duty (Central Government)

Rs.27.90

C. Average Dealer Commission

Rs.3.86

VAT (State Government)

Rs.30.19 [25% + Rs.10.20 per litre of (A + B + C)]

*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.

FAQs on Petrol Price in Mumbai

  • Why are petrol rates in Mumbai different when compared to other cities?

    Petrol rates in Mumbai are different when compared to other cities because of local taxes. 

  • Who revises petrol rates in Mumbai on a daily basis?

    State-owned OMCs revise petrol rates in Mumbai every day. 

  • Can I check the price of petrol in Mumbai on the official website of the OMC?

    Yes, you can check the price of petrol in Mumbai on the official website of the OMC. 

  • Is GST levied on the price of petrol in Mumbai?

    No, GST is not levied on the price of petrol in Mumbai.

  • When was dynamic petrol pricing introduced in India?

    On 16 June 2017, dynamic petrol pricing was introduced in India. 

  • Is VAT included in the price of petrol in Mumbai?

    Yes, VAT is included in the price of petrol in Mumbai. 

  • How often are petrol rates revised in Mumbai?

    Petrol rates in Mumbai are revised every day. 

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