Statement Form Download Repack — Canara Bank Occ Stock

Information on outstanding payments from customers, typically categorized by age (e.g., within 90 or 180 days). Canara Bank OCC Stock Statement Form Download Options

Ensure your stock insurance policy is active, covers the full value of the goods, and names Canara Bank as the beneficiary (Hypothecation Clause).

Download the file, which is typically available in or Excel (XLS) format. 2. Canara Bank Internet Banking

Third-party document repositories like pdfFiller or Scribd host the PDF templates, allowing you to download the NF-540 form or NF-902 form directly. Canara Bank Occ Stock Statement Form Download

: Another common format used specifically for OCC accounts, available for reference on Scribd . Essential Components of the Form

If your inventory is stored in multiple locations, you must provide the full address for each godown.

Log in to Canara Bank’s Internet Banking portal (CINB) → Go to Trade Finance → Working Capital → Stock Statement Upload (many branches provide a download option here). Essential Components of the Form If your inventory

The bank requires the monthly purchase and sales figures for the specific period covered by the statement. This helps the bank monitor the cash flow of your business.

You must mention the rate of stock depreciation (usually 25–40%) as advised by your branch. The bank calculates Drawing Power as: Closing Stock – (Margin % × Closing Stock) – Statutory Liabilities

If you have a or Overdraft (OD) account with Canara Bank, submitting a monthly stock statement is mandatory. This document informs the bank about your stock levels, debtors, and creditors, ensuring your drawing power is calculated correctly. available for reference on Scribd .

They can email you the latest interactive Excel utility, which automatically calculates aging and drawing power. Key Components of the OCC Stock Statement Form

Since bank funds did not pay for these items, the bank will deduct this amount from your total stock value before calculating your drawing power. 4. Book Debts / Receivables This section lists money owed to your business by buyers.

, is a document that provides a detailed summary of a borrower's inventory and receivables. It is used by the bank to: Assess the current value of hypothecated goods. Determine the Drawing Power for the Cash Credit (CC) account.