Canara Bank Stock Statement Format Pdf Link Upd 95%

You must deduct unpaid stock from your total stock value.

Step 1: Calculate Gross Value of Stock (Raw Materials + Work-in-Progress + Finished Goods) Step 2: Subtract Excluded Items (Sundry Creditors for Credit Purchases + Obsolete/Slow-Moving Stocks) Step 3: Arrive at Net Paid Value of Eligible Stock Step 4: Deduct the Bank's Mandated Margin Percentage (e.g., 25% Margin means multiplying by 75%) Step 5: Apply the Final Drawing Power (DP) to the Lower of the Sanctioned Loan Limit or the Net Margin Value Guide to Filling and Submitting the Document

Remember to subtract the value of stocks purchased on credit (unpaid), as the bank only lends against "paid-for" stock. canara bank stock statement format pdf link

(under 90 days) × Debtors Margin (usually 30-40%) = Eligible Debtors DP.

Deduct the margin stipulated in your sanction letter to arrive at the final Drawing Power. You must deduct unpaid stock from your total stock value

: Submit the signed hard copy to your home branch or upload it if your branch supports electronic submission.

[Total Value of Eligible Stock] – [Sundry Creditors] = [Paid Stock Value] [Paid Stock Value] – [Bank Margin, e.g., 25%] = [Stock Components for DP] [Eligible Debtors under 90 days] – [Bank Margin, e.g., 40%] = [Debtors Components for DP] [Stock Component] + [Debtors Component] = Total Drawing Power (Up to the Sanctioned Limit) Submission Guidelines and Best Practices Deduct the margin stipulated in your sanction letter

Policy number, insurer name, and the sum insured (must cover the total stock value). Steps for Accurate Submission

Banks do not grant credit against the raw value of total stock. Instead, they apply a safety margin to determine the actual Drawing Power (DP). Use this logical step-by-step framework to arrive at the correct value:

Before submitting:

: You can navigate directly to the Canara Bank Download Center or the Canara Bank Forms Portal to explore compliance sheets, service applications, and related lending formats.