EMPANELMENT OF VALUERS IN SBI BENGALURU CIRCLE

EMPANELMENT OF PANEL VALUERS FOR VALUATION

EMPANELMENT OF VALUERS IN
STATE BANK OF INDIA, BENGALURU CIRCLE

State Bank of India, Local Head Office, Bengaluru invites applications for empanelment of Valuers for a period of three years from the date of empanelment. Any of the below-mentioned categories of Valuers may apply for empanelment, subject to the fulfilment of eligibility criteria.
(a) Registered Valuers under the provision of Insolvency and Bankruptcy Code, 2016, who ought to be registered under the Companies (Registered Valuers and Valuation) Rules 2017, as per the notification dated 18.10.2017 of Govt. Of India, Ministry of Company Affairs, and
(b) Valuers registered under section 34AB of the Wealth Tax Act, 1957 (Valuers under SARFAESI Act, 2002)
(c) Valuers other than (a) and (b) above

The empanelment of valuers shall be in the following categories:
(i) Valuers under SARFAESI Act, 2002
(ii) Valuers other than under SARFAESI Act, 2002, (including valuers registered with IBBI)
The valuers already on the Bank’s panel have also to apply afresh.

The valuers shall submit their applications in the prescribed formats along with relevant enclosures /documents etc., to the nearest SBI branch / Business Unit on or before 27.09.2024 for further scrutiny, recommendation, and submission to appropriate authority.
Bank reserves the right to amend / modify any terms and conditions of empanelment and withdraw the advertisement without any notice.

TERMS AND CONDITIONS OF ENGAGEMENT, APPLICATION FORMAT, AND OTHER DETAILS ARE AVAILABLE ON THE OFFICIAL WEBSITE. APPLICANT MAY SEND THEIR APPLICATION IN THE PRESCRIBED FORMAT.