The (often referred to by form numbers like NF-902 or NF-540 ) is a critical monthly compliance document for businesses that have availed Cash Credit (CC) or Overdraft (OD) facilities. It serves as a formal declaration of a borrower's inventory levels, which the bank uses to calculate the Drawing Power (DP) —the actual amount a borrower can withdraw from their sanctioned credit limit based on the value of their stock. Accessing the Format
: Your specific cash credit (CC) or overdraft (OD) account number.
For businesses utilizing working capital facilities, cash credit (CC), or overdraft (OD) limits from Canara Bank, regular financial reporting is a mandatory compliance requirement. Among the most critical documents a business must submit is the . canara bank stock statement format pdf link
For pre-formatted templates used for MSME and Cash Credit monthly submissions, you can use these document repositories:
No. A stock audit is a detailed, on-site inspection of your stock, usually conducted annually by an auditor appointed by the bank. A stock statement is a self-declared monthly report submitted by you, the borrower. They serve different purposes. Some CAclubindia posts provide formats for full "stock audit reports," which are distinct from your regular monthly stock statement. The (often referred to by form numbers like
The value of stock at the beginning of the month. Purchases: Goods bought during the month. Sales/Issues: Goods sold or consumed during the month.
This public link is valid for 7 days and shares a thread, including any personal information you added. This link or copies made by others cannot be deleted. If you share with third parties, their policies apply. Can’t copy the link right now. Try again later. A stock audit is a detailed, on-site inspection
Ensure all inventory values match your actual physical stock and accounting books. Do not inflate numbers, as banks conduct periodic physical stock audits. Step 3: Sign and Stamp