IOV-RVF® FeeUpdates for
Registered Valuers and Primary Members
Ans. Any member who has been enrolled with IOV RVF and is eligible to become a Registered Valuer.
Ans. Membership Certificate issued by IOV RVF to every Primary Members with validity of one year.
Ans. Annual Primary Membership fee is a fee which every Member (other than Registered Valuer) is required to pay Annually by April 30 for ensuing FY in order to hold a valid Membership Certificate of IOV-Registered Valuers Foundation as a Primary Member.
Ans. Every Member (other than Registered Valuer) is required to pay ₹ 3500/- (Rupees Thirty-Five hundred) plus 18% GST annually.
Ans. Candidates who are eligible to become Primary Members.
Ans: Yes, ₹2478 is an enrollment fee which is required to be paid when a candidate enroll with IOV RVF, however, Primary Annual Membership Fee is the fee which is payable by all those whose applications got accepted after satisfying with the eligibility norms.
Ans. Primary membership fee is to be paid on or before 30th April 2022.
Ans. If Primary Membership fees is not paid on or before April 30 of every financial year then certificate of membership will not be renewed/released.
Ans: All primary members of IOV-RVF® require to pay the fees as described in fees schedule at https://iovrvfhub.org/fee_structure New Membership certificate will be issued w.e.f 1st April, 2022.
Ans. Yes, as he/she is still under the category Primary Membership till then apply for Form A.
Ans. NO
Ans: Members enrolling from 1st April 2022, the Fees of ₹ 3500/- + 18% GST will be applicable from 1st April, 2023.
Ans. Invoice will be auto-generated in your portal, once the payment is made and verified.
Ans. No, all those Primary Members who will apply for Form A on or before 30th April, 2022, will get relaxation from this primary membership fee.
Ans. Yes, however all those Members who will become Registered Valuers on or before 30-Sep-2022, their Annual Membership Fee will be adjusted according to their balance of payments.
Ans. Members enrolled from 1st October 2021 to 31st March 2022 Members enrolling from 1st April 2022 to 31st March 2023
Ans. In case of Primary Members who had not paid their one-time admission fees previously, but they pay such dues on or before 30-Apr-22, shall not be required to pay Annual primary membership fees for FY 22-23.
Ans. Primary Members are required to reappear for exams until he/she clears the exam and fill his/her of Form A to IBBI, till then the status of candidate shall be considered as Primary Member of IOV-RVF® and need to pay all dues, as applicable.
Ans. Yes, there is an exemption for ₹ 3000/- in Annual Membership Fees, if all required compliances since the date of registration of IBBI are completed on or before 30th April, 2022.
Ans. No, fee exemption is applicable only for Fully Compliant Registered Valuers and also for those who become fully compliant till 30 April 2022.
Ans. No, Though the directors/partners of the entities, who are also Registered Valuer and complete all required compliances on or before 30-Apr-22 are required to pay fees of 3500+18% GST only.
Ans. The IOV-RVF® primary membership certificate will be renewed from 1 April 2022, the course completion certificate will remain same.