The CEV GROUP has introduced the Registered Valuers Club, a YouTube platform created by the Council of Engineers and Valuers Group to educate and empower valuers across India through expert discussions and practical insights. Union Bank of India issued a notification inviting applications for valuer empowerment, with specific requirements and submission guidelines for eligible candidates. The discussion covered eligibility criteria and employment requirements for valuers under various acts and regulations, including education qualifications, work experience, and professional participation requirements.

Next steps

Interested valuers: Submit application along with original documents and self-attested photocopies to regional office only between November 29, 2025 to December 6, 2025 during bank working hours
Applicants: Present original supporting documents for verification at the same regional office with prior appointment within 3 banking days of application submission
Applicants: Download application format from Union Bank of India corporate website at www.unionbankofindia.co.in
Applicants: Submit 3 reference letters from bank managers or companies where valuation services were previously provided
Applicants: Submit required documents including registration certificates, educational qualifications, experience proof, membership certificates, and financial statements for preceding 3 years
Viewers: Contact CEV on personal phone number 90412-63607 for any questions, queries, or confusion
Viewers: Visit cvnews.in website for additional study materials and updates

Valuers Club: Education and Empowerment

The meeting introduced the Registered Valuers Club, a YouTube platform powered by the Council of Engineers and Valuers (CEV) Group, aimed at educating, empowering, and elevating valuers across India. The platform offers expert discussions, case studies, and practical insights on valuation standards, regulatory frameworks, and career growth, covering areas such as land and building, plant and machinery, and securities valuation. It serves as a learning hub for aspiring IBBA-registered valuers, providing training, updates, and resources to strengthen the valuation ecosystem in India.

Union Bank Valuer Empowerment Notice

Union Bank of India has issued a notification inviting applications for the empowerment of valuers, with applications due by December 6, 2025. The scope of work will be restricted to eligible accounts within the bank’s jurisdictional area, and applications must be submitted to the regional office with original documents for verification. The empowerment process is at the bank’s discretion, and while it does not guarantee regular assignments or employment, it reserves the right to reject any applications without explanation.

IBBI Valuer Eligibility Criteria Discussion

The discussion focused on the eligibility criteria for valuers under the Companies Act 2013 and the Insolvency and Bankruptcy Board of India (IBBI). CEV explained that registered valuers with IBBI are eligible for specific requests, as per NIF 5th, and must refer to the Companies Registered Valuers and Valuation Rules 2017. They also discussed criteria for valuers not registered with IBBI, mentioning the requirement to be registered under Section 34 ABO Val Tax Act 1957.

Valuer Employment Criteria and Requirements

The meeting discussed the criteria for employment as valuers, including education qualifications, work experience, and additional certifications. It outlined the experience requirements for different categories of valuers, such as those specializing in land and building, plant and machinery, and agriculture. The discussion also covered the need for valuers to actively participate in professional activities, submit reference letters, and comply with international valuation standards. The conversation ended with information on the terms of engagement for internal valuers, including the fee structure and guidelines for payment.

NOTICE OF UBI FOR EMPANELMENT OF VALUERS

Notification
INVITING APPLICATIONS FROM ELIGIBLE APPLICANTS FOR EMPANELMENT OF VALUERS

1) Applications are invited for Empanelment of Valuers, subject to the fulfilment of the Eligibility Criteria as furnished in Annexure-I.
2) The scope of entrustment for the empanelled Valuers will generally be restricted to the eligible accounts financed by the Bank within the jurisdictional area of Region of the Bank opted by the Applicant, as the empanelment will be made Region-wise. The terms of engagement for empanelled valuers are furnished in Annexure-II.
3) The Application Format can be downloaded from Bank’s Corporate Website at www.unionbankofindia.co.in Application format is as per Annexure-V.
4) The duly completed and signed Applications along with Original (For Verification) and Two self-attested xeroxed sets of all supporting documents and Checklist (Annexure-XIII) should be submitted at own cost (during bank’s working hours only) at any Regional Office within the opted Zone of Union Bank of India between 29.11.2025 & 06.12.2025 (both days inclusive). No application will be accepted entertained for current empanelment process after 06.12.2025.
5) The applicants will also have to present (at their own cost) the originals of all supporting documents attached with the Application for verification at the same Regional Office (with prior appointment), within 3 (three) bank’s working days of submission of application.

6) The application not supported by the required documents, OR where originals of all supporting documents attached with the Application are not produced for verification at the same Regional Office within prescribed time, OR where the applications with conditional acceptance of terms & conditions, is liable to be summarily rejected.
7) List of Bank’s Regional Offices under each Zone is available in Annexure-VII.
8) The applicants should not submit any application / documents directly to Bank’s Zonal Office and/or Central Office.
9) The empanelment as Valuers will be done at the sole discretion of the Bank and the Bank reserves its right of rejecting any of /all the applications, without assigning any reason there-of. It is clarified that the Valuer neither guarantees any/ regular assignments, nor does it tantamount to Contract of Employment with the Bank.
10) In case any applicant (firm / company/ individual/ proprietor/ partner/director) has been found guilty of misconduct in professional capacity in any Bank/ Institution and his/her name has been circulated/ reported by Indian Banks Association (IBA)/ Reserve Bank of India (RBI)/ Securities and Exchange Board of India (SEBI) / Governing Institute/ Any Regulatory or Statutory Authority/ Any Govt. Agency or Body, his/ her application will not
be considered for empanelment as Valuer.
11) If the performance of any empanelled valuers found to be unsatisfactory or he/she is found involved in any misconduct in professional capacity/ unwarranted practice/frauds, the Bank can remove such valuers from the panel at its sole discretion. The name/s of the valuers empanelled by Bank will be informed to IBA for circulation among member Banks.
For any clarifications, the applicant may contact the nearest Regional Office of Union Bank of India.