EMPANELMENT OF VALUERS FOR THE YEAR 2025-26

KEY INFORMATION AND GUIDELINES

---

• Educational Qualifications and Experience: Valuers need to possess the necessary educational qualifications and relevant work experience in the field of valuation.
• Membership in Valuer Associations: A valuer must be a member in good standing of any of the recognized valuer associations in India, like the Council of Engineers & Valuers, etc., and should be registered as a Registered Valuer Organization (RVO) with the IBBI.
• Minimum Age: The minimum age for empanelment is generally 25 years.
• References: Valuers should provide reference letters to verify their competence and quality of service.
• Clean Record: Valuers should not have been found guilty of misconduct, removed from previous valuation services, or involved in any fraudulent activities.
• PAN and GST: A valid PAN Card number and GST number (for Category “A” valuers) are typically required. 

• State Bank of India (SBI): SBI invites applications for empanelment of vendors, including valuers. They have detailed guidelines for empanelment as a valuer.
• Punjab & Sind Bank: This bank has a section dedicated to “Empanelled Valuer” on their website, likely related to their valuation requirements.
• Indian Overseas Bank (IOB): IOB invites applications for various empanelments, including concurrent auditors for 2025-26 with a deadline of May 28, 2025, and consultants and contractors for specific regions. They have also issued tenders for empanelment of valuers.
• Bank of India: They are inviting applications for empanelment of consultants for Techno-Economic Viability Study (TEVS) for FY 2025-26, with a submission window of May 16 to June 15, 2025.
• Canara Bank: They recently issued a public notice for SARFAESI valuers empanelment.
• UCO Bank: This bank has an “Empanelment of Valuers” section on their website, implying an active empanelment process.
• Indian Bank: They recently had an “Engagement of Apprentices” recruitment for 2025-26. While it doesn’t directly mention valuers, it indicates ongoing recruitment and potential future needs.

• Bank’s Discretion: Banks reserve the right to reject applications without assigning any reason.
• Performance Review: Empanelment can be revoked if a valuer’s performance is deemed unsatisfactory or they are involved in misconduct.
• Compliance with Standards: Valuers must adhere to the standards and procedures set by the empanelling authority, including Internationally Accepted Valuation Standards (IVS).