POLICY ON   VALUATION & EMPANELMENT OF VALUERS FOR VARIOUS BANKS

FREE COMPLETE STUDY MATERIAL NOTES FOR IBBI EXAMINATION

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ONLINE BATCH STUDY MATERIAL-50 HRS EDUCATIONAL COURSE UNDER RULE 5(1) READ WITH RULE 12(2)(a) FOR REGISTRATION AS VALUERS UNDER THE BANNER OF CEV IAF RVO

 




CHAPTER-5

EMPANELMENT WITH BANKS

POLICY ON   VALUATION & EMPANELMENT OF VALUERS FOR VARIOUS BANKS

POLICY GUIDELINES

(Part-I)

 Purpose of Valuation and Appointment of Valuers

Valuers are engaged for:

  • the purpose of ascertaining the value of the property / assets offered as security
  • the purpose of periodically ascertaining the value of the property that has been mortgaged, whether it is increasing or decreasing over the mortgage period
  • for the purpose of realizing the value of non-performing assets (NPAs) and
  • the purpose of resumption of properties in cases of default.



  1. Empanelment of valuers

 Following are the guidelines and process for empanelment of valuers

  • Criteria for Empanelment of Valuers

 In order to ascertain the value of properties for any of the above purposes, Bank shall appoint external independent valuers for undertaking valuations. The empanelled valuers shall carry out a valuation of different types of assets as under:

Land and Building

Plant & Machinery

Securities or Financial Assets/ Stocks in Trade

Agricultural Land

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