How to become a Registered Valuer​ in India?

Valuation is a critical function in the financial ecosystem, influencing decisions in banking, taxation, real estate, mergers and acquisitions, insolvency and more. To ensure standardization and professionalism in this domain, the Insolvency and Bankruptcy Board of India (IBBI) governs the registration of Registered Valuers under the Companies (Registered Valuers and Valuation) Rules, 2017.

If you're aspiring to become a Registered Valuer (RV) in India, here’s a step-by-step guide to help you understand the process, eligibility and requirements.

Who is a Registered Valuer?

A Registered Valuer is a professional authorized to determine the value of assets for various purposes under the Companies Act, 2013. Valuers can specialize in one or more of the following asset classes:

• Land and Building
  

• Plant and Machinery
  

• Securities or Financial Assets
  

Step-by-Step Process to Become a Registered Valuer

Step 1: Choose Your Asset Class

Decide which asset class you want to specialize in, based on your educational background and work experience. Each category has different eligibility requirements.

Step 2: Meet the Eligibility Criteria

General Requirements:

• Indian citizenship.
  

• Not declared insolvent or convicted for a moral turpitude offense.
  

• Educational qualifications and experience relevant to the chosen asset class.
  
  

Educational & Experience Requirements:

Step 3: Enroll with a Registered Valuer Organisation (RVO)

You must register as a member with an RVO recognized by the IBBI. RVOs conduct the required training and assist you through the process.

Examples of RVOs:

• ICAI RVO (for Chartered Accountants)
  

• IOV RVO (for engineering backgrounds)
  

• ICSI RVO (for Company Secretaries)
  
  

Step 4: Complete the 50-Hour Valuation Training

Undertake and complete a 50-hour mandatory training program from your RVO. This course covers valuation concepts, regulatory framework and practical insights.

Step 5: Pass the IBBI Valuation Examination

Appear for the IBBI Valuation Exam for your asset class. The exam is conducted online and consists of objective-type questions.

Key Points:

• Duration: 2 hours
  

• Format: Multiple-choice
  

• Minimum passing score: 60%
  

• No negative marking
  

You can register and book your exam slot via the IBBI portal.

Step 6: Apply for Registration with IBBI

Once you pass the exam, you can apply for registration as a valuer with the IBBI.

Documents Required:

• Application Form (Form A)
  

• Proof of qualification and experience
  

• Proof of RVO membership
  

• Exam passing certificate
  

• Fees (currently ₹5,000)
  

Submit your application online through the IBBI portal: https://www.ibbi.gov.in

Step 7: Obtain Certificate of Registration

After successful verification, IBBI will issue a Certificate of Registration, enabling you to practice as a Registered Valuer in your chosen asset class.

Continuing Professional Development (CPD)

Even after registration, valuers are required to:

• Attend regular training and workshops (as mandated by RVO/IBBI)
  

• Adhere to the Valuation Standards and Code of Conduct
  

• Maintain records of all valuation reports and related documents
  
  

Final Thoughts

Becoming a Registered Valuer is a rewarding career choice, offering opportunities in consulting, banking, investment and insolvency processes. With a growing emphasis on fair valuation and transparency, the demand for skilled professionals in this field is rising steadily.

If you meet the eligibility, now is a great time to start your journey and contribute to India's evolving valuation ecosystem.

Frequently Asked Questions

Q1. How do I become a registered valuer in India?

Ans1. To become a registered valuer in India, you need to choose your asset class, meet the educational and experience requirements, enroll with a Registered Valuer Organisation (RVO), complete a 50-hour training course, pass the IBBI valuation exam and apply for registration with the Insolvency and Bankruptcy Board of India (IBBI).

Q2. What are the eligibility criteria to become a registered valuer?

Ans2. The eligibility criteria include Indian citizenship, relevant academic qualifications, professional experience (3–5 years), membership in a recognized RVO and a clean legal and professional background.

Q3. What qualifications are required to register as a valuer in different asset classes?

Ans3. For Land & Building, a degree or diploma in civil engineering or architecture is required. For Plant & Machinery, you need a degree or diploma in mechanical, electrical or related fields. For Securities/Financial Assets, qualifications like CA, CFA or MBA (Finance) are needed.

Q4. What is the IBBI valuation exam and how do I pass it?

Ans4. The IBBI valuation exam is a 2-hour objective-type test for each asset class. It consists of multiple-choice questions and requires a minimum score of 60% to pass. There is no negative marking.

Q5. What is the role of a Registered Valuer Organisation (RVO)?

Ans5. RVOs provide the mandatory 50-hour training, guide candidates through the registration process, ensure compliance with IBBI standards and offer ongoing professional development.

Q6. How much does it cost to become a registered valuer in India?

Ans6. The total cost includes RVO membership fees, training fees (varies by RVO), examination fee and a ₹5,000 application fee payable to IBBI for registration.

Q7. Can I register as a valuer without passing the IBBI exam?

Ans7. No, passing the IBBI valuation exam is mandatory for registration as a valuer under the Companies (Registered Valuers and Valuation) Rules, 2017.

Q8. How long does it take to become a registered valuer?

Ans8. The process typically takes 3 to 6 months, depending on how quickly you complete training, pass the exam and submit your registration application to IBBI.

Q9. What are the asset classes for registered valuers in India?

Ans9. The recognized asset classes are:

1. Land and Building
   

2. Plant and Machinery
   

3. Securities or Financial Assets
   
   

Each requires specific qualifications and experience.

Q10. What happens after I become a registered valuer?

Ans10. After registration, you can legally conduct valuations in your chosen asset class, issue valuation reports under the Companies Act and must adhere to IBBI’s Code of Conduct and undertake periodic professional development activities.