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JAIIB RBWM Unit 27 — Lender's Appraisal Procedure: Free MCQs with Explanations

By Swarnakshi Jha (ex-banker) · Updated 20 September 2026 · Paper 4 of the November 2026 cycle (29 November 2026)

This page is a free slice of our JAIIB RBWM question bank for Unit 27 — Lender's Appraisal Procedure (Home Loans). The Mock Centre holds 53 questions on this unit alone, every one with a why-right / why-wrong explanation; below are the facts examiners keep returning to, five of those questions to try, and the traps that cost marks.

RBWM · Home Loans53 MCQs in the Mock Centre5 free belowPaper on 29 November 2026

Key facts examiners test from this unit

  1. Origination = information acquisition → CREDIT APPRAISAL & SANCTION (most critical) → disbursement; security = immovable property.
  2. Time-grid: NEC 13 years; parent docs 30 years; SR search 30 years; valuation ≤5 years; ULC NOC where applicable.
  3. POA: special vs general; foreign POA stamped in 3 months; DIES WITH THE PRINCIPAL (even 'irrevocable'); mortgage POAs = registered + irrevocable.

5 free practice questions — tap an option

Five basic questions from this unit. Answers lock on the first tap, exactly as in the exam, and a short explanation opens underneath. The Mock Centre adds the moderate and tough questions, why every other option is wrong, the concept capsule and the exam tip — with your score and revision dates tracked.

Question 1 of 5
Loan origination's three major phases:
Why (b): Loan origination runs in three phases: INFORMATION acquisition (know the borrower), credit APPRAISAL and sanction (decide), and DISBURSEMENT (pay out).
Question 2 of 5
Housing loans are sanctioned against:
Why (b): Housing loans are sanctioned against IMMOVABLE PROPERTY — the house itself, mortgaged to the bank.
Question 3 of 5
Monitoring belongs to the:
Why (b): Post-sanction MONITORING belongs to the CREDIT ADMINISTRATION DEPARTMENT — custody of documents, stage inspections, end-use verification, account conduct.
Question 4 of 5
On loan closure the bank must:
Why (b): On loan closure the bank must CLOSE THE CHARGE (including CERSAI satisfaction) AND RETURN THE DOCUMENTS — the security must be formally released, not just the account closed.
Question 5 of 5
Property bought PURELY for investment/appreciation — the loan is risky:
Why (a): TRUE: property bought PURELY for investment/appreciation makes the loan riskier — speculative purchases lack the owner-occupier's commitment, and price falls hit repayment will.
0 of 5 answered.

Traps in this unit

Confusable AConfusable BThe difference
13 years30 yearsNEC vs parent-doc/SR-search periods
SpecialGeneral POAOne act vs broad authority
Practise all 53 questions on Unit 27. The free demo opens a slice of every subject with the same explanations; the RBWM Online-only pass unlocks all 1,912 RBWM questions, the full and module mocks, Smart Revision and the Readiness Score for one year (₹1,299). Not sure where you stand? Take the free 10-question test first.
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← Unit 26: Other Financial Services Provided by Banks · Unit 28: Housing Finance and Tax Planning → · All RBWM units · JAIIB 2026 guide

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Independent study aid — not affiliated with, endorsed by, or sponsored by the Indian Institute of Banking & Finance (IIBF). Exam pattern, dates, fees and passing criteria are set by IIBF — always confirm the current rules at iibf.org.in. Regulatory figures verified as of September 2026; verify from official sources before relying on them in practice.