APPLICATION FORMAT FOR EMPANELMENT AS VALUER IN THE PANEL OF

CANARA BANK

1 Name of the Valuer/Firm/Company

2 Office/Corporate Address

Branches,if any
3 Telephone No::
Office
Residence
Fax
Email
Mobile
4 If the firm is a Partnership/Limited/
Company, Names of Partners/Directors
with brief profile along with their
qualifications
5 Registration No. from Institute of
Valuers/
ICAI (copy to be furnished)
Date of Registration
Valid Till
6 Registration No with CCIT for
Valuation
U/S 34 AB of Wealth Tax ACT 1957
7 a)No of years of Experience as a valuer

b)Whether empanelled with other Banks

c) Furnish details of Major assignments

(mainly valuation of assets)handled so
far
8 Whether any allied firms are already
empanelled in our bank. If so furnish
details
9 Whether applicant was delisted from
our
panel/other bank's panel on any earlier
occasion.
If so ,reasons
10 Any other information

(If Required Separate Sheet May Be Used As Enclosure For Providing The Details For Any Above
Colums)
I/we hereby apply for empanelment in your bank as an approved valuer.The particulars given
above are correct to the best of my/our knowledge.

I/We shall submit the reports as per standard formats prescribed by the professional
institutes/bank with correct and full information and without negligence.
If my/our application for empanelment in your bank is considered favorably ,I/we shall abide
(If Required Separate Sheet May Be Used As Enclosure For Providing The Details For Any Above
Colums)
I/we hereby apply for empanelment in your bank as an approved valuer.The particulars given
above are correct to the best of my/our knowledge.

I/We shall submit the reports as per standard formats prescribed by the professional
institutes/bank with correct and full information and without negligence.
If my/our application for empanelment in your bank is considered favorably ,I/we shall abide
by all the terms & conditions stated here below as well as other terms & conditions
prescribed by the bank from time to time::

1. Empanelment as such does not guarantee award of valuation assignments by the

bank.
2. Entrustment of valuation assignment is subject to periodical review by the bank.
3. The bank reserves the right to delete/cancel the empanelment/stop awarding future
assignments without prior notice or assigning any reasons whatsoever.
4. The remuneration payable shall be as per the policy of the bank
5. The valuation shall be conducted on the basis of accepted principles as also the
criteria specified by the bank from time to time.
6. Valuation report shall reveal true & fair assessment keeping in view the market
conditions and the report shall be submitted in the bank's approved format.
7. I/We shall maintain secrecy of the business allotted by the bank.
 8. I/We shall not enter into any financial transaction with the bank's borrowers to the
detriment of bank's interest.
9. Under no circumstances ,I/we shall use the name or logo of the bank in our
correspondence with other banks.
10. If any wrong certification is detected,I/We hereby consent that the bank may take
steps as deemed fit.

DATE::
PLACE:: SIGNATURE OF THE APPLICANT