Complete checklist for SBI, Canara, PNB, HDFC and other bank panel valuations. What to prepare, what the bank checks, and how quickly you can get your report.
You have applied for a home loan in Chennai. The bank has asked you to arrange a property valuation report from a panel-approved valuer. Now you are wondering what documents to collect and how long this takes.
This guide gives you a complete checklist — for flats, independent houses, and plots — along with a clear picture of what the bank valuer looks for and what happens if documents are incomplete. I am Harihar.S, a Chartered Engineer and IBBI Registered Valuer empanelled with SBI, Canara Bank, PNB, and over 10 other lenders in Chennai.
Every bank in India is required to get an independent valuation of the property before sanctioning a home loan. This is mandated by the RBI and each bank's internal credit policy. The valuation serves two purposes:
The bank will sanction a loan up to a percentage of the property's market value (typically 75–90% depending on the loan amount). The valuation report establishes the Fair Market Value of the property as security.
The valuer checks that the building was constructed as per the approved plan, that there are no encroachments, and that the title is free of disputes. The report protects the bank's interest as a lender.
An independent valuation also protects you as a buyer. If the seller has inflated the price, the valuation report will reflect the actual market value — and the bank will cap the loan accordingly.
Share these via WhatsApp or email. You do not need to visit any office. The bank typically routes the valuation request directly to the valuer — if you are proactively arranging documents, the list below covers everything.
Missing documents? Share what you have. Many loan valuation assignments proceed with partial documents — I will flag what is missing and advise whether it affects the bank's process.
The site inspection is done by me personally — not a junior assistant. Here is what I assess during the visit:
I measure the built-up area and plot area on site and compare it with the documents. Any deviation from the approved plan is noted and reported. For flats, I verify the super built-up area, carpet area, and common area ratio.
Age of the structure, construction type (RCC / load-bearing), condition of roof, walls, plumbing and electrical fittings. This affects the depreciated value and the bank's lending comfort.
Proximity to main roads, amenities, and transport. Recent comparable sales in the locality are analysed to arrive at the current market rate per sq ft.
I cross-check the physical property boundaries against the title documents and revenue records. Encroachments, disputed boundaries, or missing approvals are flagged clearly in the report.
I am empanelled as a panel valuer with the following banks and financial institutions in Chennai:
If your bank is not listed, contact me — most banks accept reports from IBBI Registered Valuers. I will confirm empanelment status for your specific branch before taking the assignment.
Send documents via WhatsApp (+91 89398 91329) or email. I confirm receipt and advise on anything missing — same day.
Same-day confirmationScheduled within 1–2 working days. I visit personally, measure the property, and collect all necessary data. You do not need to be present.
1–2 working daysThe signed valuation report in the bank's required format is delivered digitally and in hard copy within 2–3 working days of document receipt. Submitted directly to your bank branch if needed.
2–3 working daysMost banks maintain a panel of approved valuers. The bank branch will typically assign a valuer from their approved list — or you may suggest a panel valuer you already know. As a panel valuer with most major Chennai banks, I can be requested directly.
The bank will cap the loan at their LTV ratio (loan-to-value, typically 75–90%) applied to the valuation figure — not the sale price. If the valuation is significantly lower than the price you agreed, you may need to arrange additional funds. A well-documented valuation by an experienced valuer minimises this gap.
Banks strongly prefer it. An apartment without an Occupancy Certificate from CMDA or the local body is a red flag — the bank may refuse to lend, or lend at a reduced LTV. If your builder has not obtained the OC, raise this with the bank before proceeding.
Yes — for bank valuation, a physical inspection is mandatory. I schedule and carry out the inspection. You do not need to be present at the property during the inspection.
For full details on what the report covers, see the Home Loan Valuation service page.
Share your property documents via WhatsApp — I confirm the same day and deliver the report within 2–3 working days. Accepted by SBI, Canara, PNB, HDFC and 10+ other banks.