Frequently Asked Questions
Bank Guarantee Valuation refers to the process of assessing the value of assets (such as property, land, plant & machinery, or other securities) submitted to a bank in order to secure a bank guarantee.
A Bank Guarantee (BG) is a promise by a bank to cover a loss if the applicant fails to meet contractual or financial obligations. Banks typically require collateral and its valuation to issue BGs.
Banks need to ensure that the collateral offered (property, machinery, etc.) has sufficient value to cover the risk. Hence, a valuation report by a Government Approved Valuer is mandatory.
Only a Government Approved Valuer registered with banks and financial institutions is authorized to issue valuation reports accepted for bank guarantee purposes.
👉 Dr. S. N. Bansal is such a recognized valuer.
Residential or commercial property
Industrial land and buildings
Plant & machinery
Agricultural land (in specific cases)
Fixed deposits, shares, or other movable assets (in limited cases)
Complete asset description and location
Market value, distress value, and realizable value
Ownership verification
Supporting documents and photographs
Valuer’s signature, seal, and license number
Compliance with bank formats
Typically, banks consider the valuation report valid for 6 to 12 months, depending on the institution’s policy.
Property title deed or ownership proof
Approved building plan (if any)
ID proof of the owner/applicant
Past valuation reports (optional)
Purpose and details of the bank guarantee
Valuation for bank guarantees is generally completed within 1–3 working days, depending on the location and type of asset.
Yes, valuation reports issued by Dr. S. N. Bansal – Government Approved Valuer are accepted by nationalized banks, private banks, NBFCs, and financial institutions.