If sending via email, protect the file to prevent accidental changes. Navigate to File > Info > Protect Workbook > Encrypt with Password.
Click here to download Canara Bank Stock Statement Form NF 902 (Excel Format)
(Note: This is a formatted template. Please verify the format with your local branch manager, as regional variations sometimes exist. If the link is not active, you can create your own in Excel by replicating the headers: Date, Particulars of Stock, Quantity, Value, Receivables, Total Value, Margin %, and Drawing Power.) canara bank stock statement form nf 902 excel format
A: Late submission often triggers an increase in interest rate (e.g., +2% p.a.) or a flat penalty per day of delay. In some cases, the bank may freeze the drawing power until compliance.
✅ Submit NF 902 every month within 7 days of month-end.
✅ Stock value should be at cost or market value, whichever is lower.
✅ Do not include obsolete / slow-moving stock in pledged stock.
✅ Always keep a signed copy (physical or digitally signed) for bank audit.
✅ If drawing power reduces due to stock shortage, repay excess immediately to avoid penal interest. If sending via email, protect the file to
If you need a ready-to-download Excel template, search online for:
"Canara Bank NF 902 format excel"
or ask your branch for the official blank format — many bank branches provide the .xlsx file on request.
The Canara Bank NF 902 form is the official "Stock Statement Cum MSOD" used by borrowers to report inventory and sales details for Cash Credit (CC) or Open Cash Credit (OCC) accounts. While the bank primarily provides this in PDF format, many businesses use Excel versions to automate the calculation of drawing limits and stock values. Key Components of Form NF 902 If you need a ready-to-download Excel template, search
The form is typically divided into two major parts to provide a complete picture of the business's current working capital position: Canara Bank Stock Statement NF-902 Form | PDF - Scribd
Insert a "Declaration" section at the bottom. Use Excel’s Checkbox (Developer tab) linked to a cell that says "TRUE" – this indicates you have read and agreed.