Canara Bank Stock Statement Form Nf1003 Pdf Download [repack] New -

: Including receivables older than 90 days may lead to a reduction in your calculated Drawing Power.

The bank uses this statement to calculate your drawing power, applying a standard margin (e.g., 25%) to the total value of eligible stock and receivables. canara bank stock statement form nf1003 pdf download new

A wrongly filled stock statement is as good as not submitted. Here is how to avoid rejection: : Including receivables older than 90 days may

The form requires specific details about your business inventory as of a certain date: Particulars of Stock : Break down your inventory into Raw Materials Work in Progress Finished Goods Calculation Columns : For each category, you must list: Opening Stock Purchases/Additions during the period Sales/Movement during the period Closing Stock (calculated as Storage Details : Specify the Godown Address Here is how to avoid rejection: The form

Drawing Power = (Eligible Stock + Eligible Book Debts) – (Margin Amount as per sanction letter). Do fill DP if unsure; leave it for bank’s credit officer, but some formats require self-calculation.