We at CompuBee Technologies Pvt. Ltd. are happy to announce that on 6-Jan-2018, Bank Of India’s Mumbai South zonal office appointed us as a asset valuation agency. With this appointment, we can carry out valuation of various assets including real estate or fixed assets such as land and building, flats, apartments, N. A. plots, commercial premises, etc. We can also carry out valuations of movable assets such as manufacturing plants, machinery, process equipment, ships, boats, etc. to be hypothecated with the bank.
For valuation of an assets, once the bank appoints for a particular case, first we get all the relevant details of the asset from the bank. Then our empanelled engineer/s visit the site / location for inspection of those assets. We carry out thorough inspection of the assets such as flat, apartment, building, lands, machines, equipment, etc. Then we note down various aspects and attributes of these assets. We take photographs of the assets. We carry out our own independent research on the assets. Then we can carry out the valuation of the assets. This process flow chart can be pictorially best represented as follows:
Flow Chart for Inspection and Valuation
With the above empanelment, we have started offering our valuation services to the clients of Bank Of India. We are sure that by carrying out correct / appropriate valuations, we can help the bank as well as the nation in terms of reducing the menace of NPA (Non Performing Assets).
Bank Of India was founded in 1906 in Mumbai. It was nationalized in 1969 and it is one of the largest public sector bank in India. The Bank has over 5000 branches in India spread over all states/ union territories including specialized branches. These branches are controlled through 55 Zonal Offices and 8 NBG Offices. There are 60 branches/ offices and 5 Subsidaries and 1 joint venture abroad. Presently Bank has overseas presence in 18 foreign countries spread over 5 continents.
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