Canara Bank uses this statement to verify that the value of the security (your inventory and receivables) is sufficient to cover the loan amount extended to you. Key Components of the Stock Statement Format
For receivables (Book Debts), provide an age-wise breakup. Generally, debts older than 90 days are excluded from DP calculations.
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The is one of the most commonly used documents by account holders. It serves as an official record summarizing the stocks owned, their respective values, and any associated transactions. This form is often required for loan applications, investment assessments, and periodic inventory reporting to the bank. canara bank stock statement format pdf link
Before we get to the link, let’s understand the "why."
No. Canara Bank updated its format in December 2024 to include a column for "E-Way Bill Validity." Older formats miss this, and the branch will reject them instantly.
Includes age-wise receivables and creditors, available on Scribd . Required Details for the Statement When filling out the form, ensure you include: Canara Bank uses this statement to verify that
Finding the correct is 50% of the battle. The other 50% is filling it with accurate, CA-certified data that matches your GST sales and purchase registers.
Table columns:
If your loan is under (Trade Receivables Discounting System), note that Canara Bank now accepts an e-stamped PDF with a digital signature (DSC) – no physical copy needed. : The is one of the most commonly
Often used for specific working capital reports or secondary inventory declarations.
For a standard Cash Credit (CC) account, you will typically use NF-1003 . The NF-902 (OCC cum MSOD) is specifically for Open Cash Credit facilities.
Total Drawing Power (DP)=Paid Stock Value+Eligible Debtors ValueTotal Drawing Power (DP) equals Paid Stock Value plus Eligible Debtors Value
Deduct the margin stipulated in your sanction letter to arrive at the final Drawing Power.
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