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Latest SBI fee structure

 
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anildhope



Joined: 17 Jun 2008
Posts: 514

PostPosted: Wed Aug 24, 2011 10:00 am    Post subject: Latest SBI fee structure Reply with quote

 

 

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anildhope



Joined: 17 Jun 2008
Posts: 514

PostPosted: Wed Aug 24, 2011 2:26 pm    Post subject: Reply with quote

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thampikunju



Joined: 26 Jun 2010
Posts: 5

PostPosted: Mon Jan 30, 2012 4:53 pm    Post subject: Reply with quote

 The President /Vice presidents/G-Secretary/IOV

 

From,

M P Abraham IRSE (Retd)

Chairman IOV Branch Kochi

Sirs,

I am reproducing the circular recently issued by the SBI Kerala Circle for information and necessary action.

In fact in  the order communicating the panel list,  a separate fees structure was given and I was asked to accept  it before finalising the panel. I accepted and I was included in the panel for the year 2012. The feeT rates of 1957 with Maximum fixed at Rs. 10000/. This letter was dated 05.12.2011

Now it is surprising to see that another circular dated 27.12.2011 was issued to all the branches to follow . The rates shown in this circular are entirely different from the accepted rates . Kindly take action in this unpleasant situation created by the SBI Kerala Circle in the payment of legitimate fees to the Registered valuers. 

 CIRCULAR NO. CIRFO/CP&RR/061/2010-11 DATED  27TH DECEMBER 2011

 

Valuation of Assets

Fresh Empanelment of Valuers

Revised Fees Structure.

A fresh panel of valuers for valuation of movable/immovable properties hypothecated/pledged/mortgaged to the bank has been approved by the committee constituted at LHO for the purpose. The list which has also been uploaded on the LHO's website under the department of Credit Policy & Risk rating (CP&RR) is enclosed. All our offices/Branches in the Circle are advised to engage the valuers only from this list henceforth, treating the existing panel as scrapped with immediate effect.

2. The empanelment has been done in 3 categories Viz. Land & Building (L&B), Plant & Machinery (P&M) and Agricultural Land. From the applications received by us for empanelment, we have noticed that some of the non-agricultural valuers are doing the valuation under both the L&B and P&M categories. We have also been approached by a few for empanelling them for both these categories. While category-wise empanelment has been done by us based on the person's academic background, we would also draw the attention of the operating functioneries to the guidelines contained in our Circular No. CIRCO/ADV/406 dated 10th March 2007  which advises that  between L&B and P&M  the academic background be ensured to the extent possible. The flexibility provided for in this regard may, therefore be please taken  note of..

3. There are 103 valuers in the new panel, in Kasrgod, Wynad, Malappuram, Idukki and Pathanamthitta districts with only 1 or no valuer  available as per the list , the requirement can be met from the nearby districts.

 

4. The valuer's fees structure has been revised and fixed as follows with immediate effect:

(i) Properties of value less than Rs. 50 lakhs                               = Rs 2,000/ borrower

(ii) Properties from 50 lakhs to below 1 crore                               = Rs. 2,500/ borrower

(iii) Properties from 1 crore and above                                           = Rs. 3,000/ borrower

(iv) For execptionally large value properties, the fee may be negotiated by the Branch/operating units, but to be within a maximum of Rs. 10,000/

these rates are to be all-inclusive and no claim of expenses on account of travel,stay etc to be made. Thes rates are uniformly appicable in the Circle.

5. All other instructions and guidelines contained in our Circular CIRO/ADV/406 dated 10th march 2007 on the subject remain unchanged.

6. Please arrange accordingly.

 

George Varghese

For Chief General Manager

encl: as above

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mohit_mehta1



Joined: 17 Apr 2009
Posts: 80

PostPosted: Tue Feb 07, 2012 11:51 pm    Post subject: One day fast at RBI Mumbai or Respective RBI Offices Reply with quote

Dear Fellow Valuer,

Lets arrange a one day protest "Satyagrah" at various RBI offices in India to educate and inform RBI about valuers grievance and highlight problems as well as solution. Some one should take intiative to fix a day for nation wide protest.

Mohit Mehta

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sureshnishant1



Joined: 31 May 2010
Posts: 3

PostPosted: Wed Apr 15, 2015 10:59 am    Post subject: Reply with quote

What is the Fee Structure of State Bank of India under Delhi Region?

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ValueAddConsultants



Joined: 27 Feb 2014
Posts: 97

PostPosted: Thu Jun 25, 2015 7:42 pm    Post subject: Our Slogan Reply with quote

One India One Fee Structure Same Criteria for empanelement no differentiation amongs different states.

Please see SBI Circular of fee of Mumbai circle as uploaded here and suggest in every circle.

Thanking You,

 

 

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