No. You must use Canara Bank’s prescribed format (NF-1003 or NF-902). Manual formats prepared in Excel or Word will not be accepted unless they are conversions of the official form.
When filling out the NF-540 or NF-902 form, you will need to provide the following details:
It is highly recommended to ask your Branch Manager to email you the specific format required for your account type (Hypothecation vs. Pledge), as formats can slightly vary by region.
Assuming standard public-sector bank practices (applicable to large nationalized banks): canara bank stock statement format pdf link
Check with your branch manager if they accept stock statements via Canara Bank Net Banking or email, as some branches are moving towards digital submission. Why Submitting Stock Statements on Time Matters
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
Ensure that your stock insurance policy is active, covers the full value listed on your statement, and explicitly names Canara Bank as the primary beneficiary. When filling out the NF-540 or NF-902 form,
Table columns:
If you need me to, I can check with your specific branch to confirm if they accept digital submissions. Share public link
The Canara Bank stock statement is systematically bifurcated to capture every vertical of short-term business assets. A standard declaration requires filling out three critical tables: Part A: Inventory Valuation Breakdown Why Submitting Stock Statements on Time Matters Ensure
For the most current official copy, visit your local Canara Bank branch and request a physical or digital copy of the Stock Statement Form (NF-902) .
An incorrect statement may lead to: