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COSMOS Co-Op Bank Empanels CompuBee as Machinery Valuers

Machinery Valuers

30-Sep-2022 – Thane 

COSMOS Co-Op Bank Limited has empaneled our company M/s. CompuBee Technologies Pvt Ltd® as Plant & Machinery Valuers agency for a period of next one year from 10-Nov-2022 for their branches in Mumbai region. At the end of this period, we at CompuBee Technologies Pvt Ltd® can again renew this Plant & Machinery Valuer empalement services with the bank. Now, with this empanelment, we as a plant & machinery valuer can offer our plant & machinery valuation or equipment valuation or machinery valuation services to the clients of M/s. COSMOS Co-Op Bank Ltd. As part of this service, our Plant & Machinery Valuers or mechanical chartered engineers would visit to the factories of the account holders of M/s. COSMOS Co-Op Bank Ltd. and carry out inspection of all of their movable assets including plant, machinery, equipment, etc. and then carry out valuation of those movable assets to be used as collaterals for taking loans.

Valuation Services

 

Plant & Machinery Valuers Process Flow Chart

To understand the plant and machinery valuation process, you may have to go through the following flow process chart. As part of the valuation process, our valuers or chartered engineers, first collect the preliminary data about the assets to be valued, the location of assets, etc. Then our valuers go to the client’s manufacturing unit or business location to carry out the inspection. Once our valuers carry out the inspection, we request for missing or additional information and carry out our own independent research of the assets to arrive at the valuation of assets.

Inspection Flow Chart

Flow Chart for Inspection and Valuation

About COSMOS Co-Op Bank Ltd.

COSMOS Co-Op Bank Ltd. is one of the oldest multi-state scheduled bank having history of more than 117 years and serving more than 20 lakh clients through its 152 branches spread across 7 states of India. With this empanelment, we at CompuBee Technologies Pvt Ltd® feel that we would also help the growth story of Maharashtra State by helping the MSME companies in assessing their plant and machinery assets in right way. This can help the MSME companies in getting the credit as per prescribed norms. This can pave a way for MSME companies to get the much-needed credit as per the favourable terms and conditions of COSMOS Co-Op Bank Ltd. compared to other sources of loans.

About CompuBee Technologies Pvt Ltd.®

Currently CompuBee Technologies Pvt Ltd.® is already a plant & machinery valuer or plant, machinery valuation agency or as a mechanical chartered engineer on panel of many leading institutions in Mumbai Metropolitan area:

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