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    UBI Valuation Fees

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    MONEY WEALTH HUB
    This document outlines guidelines for payment of professional fees for asset valuation. It provides a fee schedule based on the value of the security being valued, with fees ranging from Rs. 500 for assets under Rs. 50,000 to Rs. 20,000 for assets over Rs. 5 crore. Exceptions allow for higher fees of up to Rs. 40,000 in some cases based on property type or work involved. Reimbursement for travel is also mentioned. The fees are subject to negotiation at the time of each assignment and will be recovered from borrowers.

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    UBI Valuation Fees

    Uploaded by

    MONEY WEALTH HUB
    874 views1 page
    This document outlines guidelines for payment of professional fees for asset valuation. It provides a fee schedule based on the value of the security being valued, with fees ranging from Rs. 500 for assets under Rs. 50,000 to Rs. 20,000 for assets over Rs. 5 crore. Exceptions allow for higher fees of up to Rs. 40,000 in some cases based on property type or work involved. Reimbursement for travel is also mentioned. The fees are subject to negotiation at the time of each assignment and will be recovered from borrowers.

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    UBI Valuation fees

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    This document outlines guidelines for payment of professional fees for asset valuation. It provides a fee schedule based on the value of the security being valued, with fees ranging from Rs. 500 for assets under Rs. 50,000 to Rs. 20,000 for assets over Rs. 5 crore. Exceptions allow for higher fees of up to Rs. 40,000 in some cases based on property type or work involved. Reimbursement for travel is also mentioned. The fees are subject to negotiation at the time of each assignment and will be recovered from borrowers.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    874 views1 page

    UBI Valuation Fees

    Uploaded by

    MONEY WEALTH HUB
    This document outlines guidelines for payment of professional fees for asset valuation. It provides a fee schedule based on the value of the security being valued, with fees ranging from Rs. 500 for assets under Rs. 50,000 to Rs. 20,000 for assets over Rs. 5 crore. Exceptions allow for higher fees of up to Rs. 40,000 in some cases based on property type or work involved. Reimbursement for travel is also mentioned. The fees are subject to negotiation at the time of each assignment and will be recovered from borrowers.

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    © All Rights Reserved
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    ANNEXURE – VIII

    GUIDELINES FOR PAYMENT OF PROFESSIONAL FEES

    The maximum professional fees payable for valuation of an asset will be as under:

    Value of the security Fees payable Fees payable


    (In case of retail loan:
    Housing Loan etc., )
    Upto 50000/- 500/- 500/-
    Above Rs.50000/- upto Rs.1 lac 1000/- 1000/-
    Above Rs.1 lac upto Rs.25 lacs 3000/-
    Above Rs.25 lac upto Rs.50 lac 5000/- 3000/-
    Above Rs.50 lac upto Rs.1 crore 10000/-
    Above Rs.1 crore upto Rs.5 crore 15000/-
    10000/-
    Above Rs.5 crore 20000/-

    Note:

    a. Where two or more assets in a particular account are required to be valued at one time, then
    all such Assets shall be deemed to constitute a single asset for the purpose of calculating the
    fees of the valuer.

    b. However, in exceptional circumstances taking into account the nature of the property
    (ies)/quantum of work involved, FGMs may permit payment of fees to valuers beyond the
    above ceilings subject to a maximum of Rs.40,000.Further, Large Corporate Branches/Mid
    Corporate Branches with heavy credit portfolio requiring valuation of property(ies) of
    Rs.50.00 crores and above taking into account nature of the property(ies)/quantum of work
    are empowered to pay fees to valuers beyond Rs.20,000/- subject to a maximum of Rs.
    40,000/-.

    c. For outstation traveling and diem, actual tickets up to AC- II tier and Rs.300.00 per day
    respectively may be considered for reimbursement.

    d. The above fee structure is subject to negotiation at the time of giving each assignment as
    the same is to be recovered from the borrowers. Special care needs to be taken while
    negotiating fees for revaluation of the assets already mortgaged to the Bank.

    Page 21 of 21

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