A: No. It is mandatory for CC, OD, and Working Capital Demand Loan (WCDL) facilities where stock is the primary security. Term loans for machinery do not require this.
CANARA BANK STOCK STATEMENT (FORM NF-1003)PART A – STOCK DETAILS | Particulars | Opening (₹) | Purchases (₹) | Sales (₹) | Closing (₹) | | Raw Material | | | | | | WIP | | | | | | Finished Goods | | | | | | Consumables | | | | | | TOTAL STOCK | | | | |
PART B – BOOK DEBTS (RECEIVABLES) | Ageing | Amount (₹) | | Less than 30 days | | | 30 – 60 days | | | 60 – 90 days | | | More than 90 days | | Canara Bank Stock Statement Form Nf-1003 Pdf Download
PART C – DRAWING POWER CALCULATION | Stock Value (Closing) | ₹ ________ | | Less: Margin @ ___% | ₹ ________ | | Eligible Stock | ₹ ________ | | Eligible Book Debts (as per bank norms) | ₹ ________ | | TOTAL DRAWING POWER | ₹ ________ |
Declaration: I/We certify that the above information is true and correct. Stock is insured and free from any other charge. A: No
Signature of Borrower Date: _______ Place: ______
If you are an existing borrower:
Yes. Canara Bank accepts digitally signed PDFs sent from your registered email ID. PART A – STOCK DETAILS | Particulars |
You can obtain the PDF directly from the official Canara Bank website by following these steps: