The bank asked for a valuation report. What happens now?

By Parish Rao · 23 August 2026 · 4 minute read

Your loan is nearly approved, and then the bank asks for a valuation report. Here is what that means and how to keep things moving.

You applied for a home loan, or a loan against your property. The bank said yes in principle. Then someone from the branch asked you to arrange a valuation report, and suddenly you are searching the internet at eleven at night.

Relax. This is a routine step, and it usually takes two to three days.

Why the bank wants it

The bank is lending you money against your property. If something goes wrong, the property is their safety net. So before releasing the money, they want an independent expert to confirm what the property is really worth. Not your estimate, not the broker's estimate. A signed report from an approved valuer, in the bank's own format.

What actually happens

• You share your property papers with the valuer. The sale deed, tax receipts, and the building plan if you have it.
• An engineer visits the property. He measures it, checks the construction, and photographs it. Half an hour to an hour.
• The report is prepared in the bank's format and sent to you or directly to the branch. With us this takes 48 to 72 hours.

Why the figure is lower than you expected

Prepare yourself for this one, because it surprises almost everyone. Bank valuations are deliberately careful. The bank asks the valuer for two numbers. What the property would fetch in a normal sale, and what it would fetch in a quick forced sale. Your loan is worked out from the lower, careful number.

Your property is not worth less than you thought. The bank is just planning for a rainy day. The same property can honestly carry a higher figure in a normal sale valuation. We explain this properly in why bank valuations come in lower.

Two things that speed everything up

First, tell the valuer which bank it is. Every bank has its own format, and using the right one the first time avoids a rejected report. Second, make sure someone can open the property for the inspection. That is the most common delay, and the easiest to avoid.

We prepare bank format reports for home loans, loans against property and mortgages, and we can usually inspect within a day in Delhi. Read about our bank loan valuation service, or send us the bank's name on WhatsApp and we will confirm the format straight away.