The is the standardized form provided by Canara Bank for borrowers to declare their inventory, raw materials, work-in-progress, finished goods, and receivables (book debts) on a monthly or quarterly basis. Key Components of the Stock Statement: Borrower Details: Name, Account Number, and Address.
List the debtors and the amount outstanding. Only include debtors that are authorized by the bank.
The (often referred to by form numbers like NF-902 or NF-540 ) is a critical monthly compliance document for businesses that have availed Cash Credit (CC) or Overdraft (OD) facilities. It serves as a formal declaration of a borrower's inventory levels, which the bank uses to calculate the Drawing Power (DP) —the actual amount a borrower can withdraw from their sanctioned credit limit based on the value of their stock. Accessing the Format canara bank stock statement format pdf link
: A signed statement certifying that the stock figures are accurate, belong to the firm, and are fully insured against fire and other risks.
Name of the raw material, finished goods, etc. Quantity: Physical count (in kg, units, tonnes). Rate per Unit: Current market value or cost price. Total Value: Quantity × Rate. 3. Aging Analysis (Crucial) Canara Bank requires the classification of stock by age. Stock less than 6 months old. The is the standardized form provided by Canara
Comparative columns (often required)
The final loan amount available based on the current stock value. Canara Bank Stock Statement Format PDF Link Only include debtors that are authorized by the bank
Authorized signatory must sign and stamp the document. Important Guidelines for Submission
Failure to submit the stock statement can lead to a reduction in your drawing power to zero, incurring penal interest, and potential classification of the account as a Non-Performing Asset (NPA).
Visit your branch’s loan officer or relationship manager. They will provide a soft copy (usually an Excel file) of the specific format they want you to use. This is the most direct way to get the correct format without any guesswork.
Note: This is a high-level outline representing the table/sections the PDF typically contains (not a filled sample).