Canara Bank Stock Statement Form Nf-1003 Pdf Download -

Canara Bank Form NF-1003 is a standard “Stock Statement” template used by Canara Bank branches for borrowers (typically working-capital/CC/packing-credit accounts) to report inventory, work‑in‑progress, finished goods and related details for drawing‑power/due‑diligence. The form exists in multiple closely related variants (simplified NF‑1003 for limits up to Rs.10 lakhs, NF‑1003 detailed, and other OCC/NF series like NF‑902/NF‑540) and is commonly distributed as a PDF by banks, third‑party document sites and file‑share platforms.

The bank may temporarily suspend your withdrawal limit or charge a penal interest rate until the statement is submitted.

The stock statement typically includes:

| Field | Details | |-------|---------| | Borrower Details | Name, Address, CC/OD Account Number | | Date of Statement | As on month-end | | Item-wise Stock List | Product name, quantity, rate, value | | Total Stock Value | Sum of all item values | | Margin % | As per sanction letter (e.g., 25%) | | Drawing Power | (Stock Value – Margin) = Eligible limit | | Certification | Signature of borrower / authorized signatory |

📌 Note: Some branches require the stock statement to be audited/certified by a Chartered Accountant (CA) if loan amount exceeds a threshold (e.g., ₹5 crore). Canara Bank Stock Statement Form Nf-1003 Pdf Download

If you cannot locate it through the menus, the most reliable method is to use a search engine with the specific file type command. Click the link below or paste this into Google:

site:canarabank.com "Stock Statement" filetype:pdf Canara Bank Form NF-1003 is a standard “Stock

A: No. It is mandatory for CC, OD, and Working Capital Demand Loan (WCDL) facilities where stock is the primary security. Term loans for machinery do not require this.

  • Certification: Sign the declaration stating that the stock is free from encumbrance (except for the bank’s charge).
  • Submission: Submit the signed form to your relationship manager or upload it via the loan portal.

    • Canara Bank encourages paperless updates through its CIN (Corporate Internet Banking) portal. Most large borrowers now upload a scanned copy of NF-1003 along with an Excel stock summary. 📌 Note : Some branches require the stock

    Steps for digital submission:

    The system automatically updates your drawing power within 24 hours.