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.
: Information on goods purchased on credit (Trade Creditors) to determine the net value eligible for funding. Canara Bank Occ Stock Statement Form Download
Opening stock, purchases during the period, sales/removals, and the final closing stock. If you have a or Overdraft (OD) account
Click on “Loan Forms” or “Retail/MSME/Corporate Forms” depending on your borrowing category. purchases during the period
The bank will issue a rejection memo citing reasons (e.g., insufficient margin, unverified debts). Correct the errors, re-attach supporting invoices (for book debts), and resubmit within 7 days.