Valuers assess and determine the value of various assets, properties, businesses and other items. Their primary role is to provide an unbiased and accurate estimation of items, based on their expertise and valuation methods. The average salary of a valuer in India is INR 2.4 LPA with the highest salary being INR 9 LPA.
To become a valuer, candidates have to pursue different finance or banking courses after class 12. BBA, BSc, BCom and MBA finance are some of the top courses that can be pursued by candidates along with similar certificate and diploma courses. Christ University, NMIMS Mumbai, SJCC and LPU are some of the top colleges offering courses to become a valuer.
Table of Contents
Valuer Salary in India
The average salary of a valuer in India is INR 2.4 LPA. The starting salary for a valuer is INR 0.7 LPA while the highest salary is INR 9 LPA. The estimated monthly salary in India for valuers is between INR 16,678 to INR 18,391.
Valuers with experience of about 5 years can earn up to INR 3 LPA in India. Valuation analysts and valuation specialists are top designations with average annual salaries of INR 5.5 LPA and INR 5 LPA respectively.
Valuer Salary: Experience Wise
Experienced valuers are compensated more compared to new ones because of the knowledge and skills they possess. The following table highlights the valuer salaries based on years of experience.
| Experience Years | Average Annual Salary (INR) |
|---|---|
| 0 - 1 year | 2 L |
| 1 - 2 years | 2.4 L |
| 2 - 3 years | 2.6 L |
| 3 - 4 years | 2.6 L |
| 4 - 5 years | 3 L |
Valuer Salary: Designation Wise
There are many designations similar to valuer that are used in various industries and contexts. The profession has varied salaries depending upon the various designations. Valuer salaries for some of the top designations are mentioned in the table below.
| Designations | Average Annual Salary (INR) |
|---|---|
| Appraiser | 2.5 L |
| Valuation Analyst | 5.5 L |
| Surveyor | 3.3 L |
| Valuation Specialist | 5 L |
| Gemologist | 4 L |
| Quantity Surveyor | 4.2 L |
Valuer Salary: Skill Wise
Valuation is a challenging profession that requires a varied set of skills and expertise. Valuer salaries according to different skills are mentioned in the following table.
| Skill Set | Average Annual Salary (INR) |
|---|---|
| Gold loan | 2.2 L |
| Monitoring | 4 L |
| Banking | 3 L |
| Stock audit | 2.4 L |
| Sales | 2.5 L |
| Accounting | 2.5 L |
Valuer Salary: Qualification Wise
Most valuers possess a high level of education and training to perform their roles efficiently. Valuer salary varies based on the qualification. Candidates with full-time degrees earn more than those with short-term courses. The following table highlights the salaries of valuers at different qualification levels.
| Degree Pursued | Average Annual Salary (INR) |
|---|---|
| Bachelors | 4 L - 5 L |
| Masters | 6 L - 8 L |
Valuer Salary: Company Wise
Valuers are hired by various finance and banking companies for their skills and ability to evaluate different assets. The table below highlights the salary of some of the top recruiters of valuers in India.
| Name of the Companies | Average Annual Salary (INR) |
|---|---|
| CBRE | 3.1 L |
| IIFL Finance | 2.3 L |
| SJR Associates | 2.1 L |
| HDFC Bank | 2.4 L |
| Arulnambi Engineering Consultants | 1.6 L |
| V.S Jadon and Co. Valuers Llp | 3.8 L |
| Propedge Valuations | 2.7 L |
| Valuer India | 2.6 L |
Valuer Salary: City Wise
Because of the nature of their work, valuers have to offer their services in different cities. Valuer salaries vary widely on the basis of location. Valuer salaries from some of the top Indian cities are mentioned in the table below.
| Name of the Cities | Average Annual Salary (INR) |
|---|---|
| Ahmedabad | 3.4 L |
| Lucknow | 2.9 L |
| Pune | 2.7 L |
| Mumbai | 2.4 L |
| Bangalore | 2.3 L |
Valuer Salary: Country Wise
Valuer can find opportunities in different parts of the world because of their demand. Candidates can apply for valuer jobs in other countries also after completing their education. Some of the top countries with good pay for valuers are mentioned in the table below.
| Name of the Countries | Average Annual Salary (INR) |
|---|---|
| USA | 73.04 L |
| UK | 37.34 L |
| Japan | 34.14 L |
| Australia | 86.17 L |
Valuer Salary: FAQs
Ques. What is the average salary of a valuer in India?
Ans. The average salary of a valuer in India is INR 2.4 LPA with the highest salary being INR 9 LPA.
Ques. What are the prospects for valuers in India?
Ans. With the growth of real estate and financial sectors, the demand for skilled valuers is expected to remain strong. Hence, the profession has promising prospects.
Ques. Can a valuer expect career progression with time?
Ans. As valuers gain experience, expertise and a strong record, they can advance to higher roles with more responsibilities and higher compensation packages.
Ques. Are there bonuses offered to valuers in India?
Ans. Some employers may offer performance-based bonuses to valuers. The extent can vary among employers and is based on different factors.
Ques. How does experience level impact the salary of a valuer?
Ans. Experience plays a significant role in determining a valuer’s salary. Experienced valuers are compensated more compared to new ones because of the knowledge and skills they possess.
Ques. What qualifications are required to become a valuer in India?
Ans. Candidates are required to have a minimum bachelor’s degree in a relevant field like real estate, finance or business administration to become a valuer in India.
Ques. Which city is paying the most to valuers in India?
Ans. With an average annual salary of INR 3.4 LPA, Ahmedabad is the best city for valuers in India.
Ques. Which industries are paying the most to valuers in India?
Ans. Real estate, food processing, financial services, banking and NBFC are top-paying institutes for valuers in India.
Ques. How much a valuer at HDFC Bank is earning?
Ans. HDFC Bank is paying up to INR 2.4 LPA to their valuers.
Ques. How much a valuation analyst can earn in India?
Ans. A valuation analyst can earn up to INR 5.5 LPA in India.
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