Bank Guarantee is a undertaking from a bank or any other lending institute that is a specific borrower fails to pay on a loan than the ban will cover up the losses against that.
How bank valuation is done:
We use home as a security when you take a home loan and which means that you can borrow loan more at lower interest than without security. This essentially means if you won’t be able to pay the loan or repay it on time we may sell your property to pay back them back.
Points to be kept in mind while providing bank guarantee valuation
We overall look at the specific points:
Overall area of the property
Number of rooms
General location
Structure of the building and
Vehicle access to property
Government Approved Residential Property Valuers provide the valuation services for:
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