When does the bank send a valuer for a home loan — and what to expect
Every home-loan disbursal is preceded by a bank-appointed valuer's site visit. Here's the timeline, who pays, and how to prepare.
The bank-valuer visit is one of the most opaque parts of the home-loan process. Most banks send their empaneled valuer 24–72 hours after your initial documents are accepted. Here's exactly what happens and how to be ready.
Timeline
- Day 0: You submit home-loan application with property documents.
- Day 1–2: Bank assigns case to a panel valuer (usually IBBI-registered under Wealth Tax Section 34AB).
- Day 2–5: Valuer calls you to coordinate site visit (typically within 48 hours of assignment).
- Day 3–7: Site visit happens. Valuer photographs interior + exterior, measures carpet area, verifies title documents.
- Day 5–10: Signed valuation report submitted to bank.
- Day 8–14: Bank credit team reviews; if value supports loan amount, sanction letter issued.
Who pays?
The bank charges the valuation fee to you as part of "legal + technical" processing (₹3,000–₹7,500 depending on bank + property value). It's non-refundable even if your loan is later rejected. Some lenders bundle it into a single "processing fee" line item; ask for the breakup.
Common reasons banks reject the valuation
- Carpet area on-ground differs from the agreement (>5% deviation triggers re-survey).
- Title-chain break (e.g. unregistered intermediate transfer).
- Pending litigation or encumbrance on CERSAI.
- No occupancy certificate from local authority.
- Property doesn't match RERA-approved layout.
How to be ready
Keep certified copies of the sale deed, mother deed, EC for past 30 years, RERA registration, occupancy certificate, and last 3 property tax receipts ready. Proprify's pre-empanelment report can fix any document gap before the bank valuer arrives, which speeds up the bank's decision by 3–5 days on average.