Union Bank Of India Statement Of Stock Position Form Download [hot] -

: Keep an automated Excel version of the UBI stock statement format. This allows you to plug in month-end numbers quickly and ensures mathematical accuracy.

Drawing Power=(Paid Stock−Bank Margin)+(Eligible Debtors−Bank Margin)Drawing Power equals open paren Paid Stock minus Bank Margin close paren plus open paren Eligible Debtors minus Bank Margin close paren

For any business operating on a Cash Credit (CC) or Overdraft (OD) facility secured by hypothecation of stock, the Statement of Stock Position serves as the bank's primary tool for risk management. It allows the bank to:

Ensure the figures match your internal stock books, GST filings, and general ledgers. : Keep an automated Excel version of the

Union Bank provides official forms through its corporate portal. Here is how to find it: Visit unionbankofindia.co.in.

: Detailed list of Raw Materials, Stock-in-Process, and Finished Goods.

Enter the gross value of raw materials, WIP, and finished goods based on your inventory registers. It allows the bank to: Ensure the figures

Cross-check figures with your Balance Sheet or Trial Balance.

Banks extend working capital loans against the security of these floating assets. Because inventory levels and debtor balances change daily, the bank requires a monthly or quarterly snapshot to calculate your . Key Components Explained:

Money owed to your business by customers. Banks typically accept debtors up to a certain age (e.g., less than 90 days or 180 days old, as specified in your loan sanction letter). Why is Submitting This Form Mandatory? : Detailed list of Raw Materials, Stock-in-Process, and

A Statement of Stock Position is a formal declaration submitted by a borrower to the bank. It details the current inventory levels, raw materials, finished goods, work-in-progress, and stock-in-trade. For Union Bank of India, this form is mandatory for all working capital finance customers.

: Confirms that the goods pledged to the bank are in your possession and are free from other claims. Regulatory Compliance

Click the download link to save the file as a PDF or Microsoft Word document. Print a physical copy for manual entry, or edit the digital file if your branch accepts digital signatures and soft-copy submissions. Key Components of the Stock Statement Form

This section captures the item-wise valuation of physical goods held by the business: Unprocessed goods purchased for production.