Union Bank Of India Statement Of Stock Position: Form Download

If you have a Cash Credit (CC) account or a Working Capital limit with Union Bank of India, you are contractually obligated to submit this form regularly (usually monthly or quarterly).

Here is why the bank requires it:

When filling out the Statement of Stock Position, you will generally need to provide the following details: If you have a Cash Credit (CC) account

While the format may vary slightly depending on the branch, the core information required remains the same. When filling out the Statement of Stock Position,

  • Receivables (Book Debts): List the amount receivable from customers. Exclude debts that are overdue beyond the acceptable limit (usually over 90 days).
  • Insurance: Ensure the policy number and validity dates are mentioned. Stocks must be insured against fire, theft, and burglary.
  • Declaration: Sign and stamp the declaration at the bottom of the form.
  • The form may be named: "Stock Statement Format", "Stock Position Statement", or "Form for Reporting Stock Statements" (often required for Cash Credit / Overdraft facilities).

    • Union Bank of India has centralized most of its forms on its corporate website. Follow these steps: While the format may vary slightly depending on