Clearly mark stock that is older than 90 or 180 days, as banks often exclude "obsolete" stock from drawing power.
For customers of Canara Bank, one of India's largest public sector banks, the specific document used for this purpose is the . While a related form, NF-902, is often used for more detailed OCC stock statements, NF-1003 is typically designated for simpler, streamlined reporting, especially for lower-value credit limits. The form provides a structured way to list the quantity, description, and value of your inventory.
: Capture the exact business name, unique loan account number, lending branch name, and the specific reporting date. --- Canara Bank Stock Statement Form Nf-1003 Pdf -FREE
If your outstanding loan is ₹75 Lakhs, you are overdrawn by ₹3 Lakhs—repay immediately.
Depending on the arrangement with your branch, you can: Clearly mark stock that is older than 90
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This core grid maps inventory value flow in . Value items at cost price or market value, whichever is lower . Inventory Category Opening Stock (A) Purchases / Additions (B) Sales / Movement (C) Closing Stock (D = A + B - C) Raw Materials Enter previous closing balance Value of raw materials bought Materials transferred to production line Net physical stock available Work-In-Progress Prior month unfinished work value Additions from raw materials Completed items moved to finished storage Semi-finished item valuation Finished Goods Ready inventory from last month Stock arriving from production line Total goods sold out to clients Ready inventory currently on hand Total Sum of column entries Sum of column entries Sum of column entries Gross Assets Value 3. Complete Section B: Sundry Debtors & Book Debts The form provides a structured way to list
Write the name of your specific Canara Bank Official Branch at the top. Insert your company’s registered name along with the exact account number tied to your Open Cash Credit or Packing Credit facility. Always log the precise "as on" date (typically the last working day of the month). Step 2: Input structural stock figures
Ensure the figures in the NF-1003 match your internal inventory records.
The form is designed for working capital limits and typically includes the following: