Union Bank Of India Statement Of Stock Position Form Download Link [ UHD | 4K ]

Your sanctioned limit is the maximum amount you can borrow, but your Drawing Power is the actual amount you are allowed to withdraw based on your current stock. If your stock value drops, your DP drops.

Priya smiled and nodded. "Of course, sir! You can easily download the form from our website. Let me guide you through the process."

Tip: If you use Union Bank’s Internet Banking portal (Union e-Banking), you can often download this form directly from the "Loans" dashboard or upload the data digitally through their dedicated MSME/Corporate compliance modules. Key Components of the Stock Statement Form

: Detailed list of Raw Materials, Stock-in-Process, and Finished Goods. Your sanctioned limit is the maximum amount you

₹2,000,000 minus 40% margin = ₹1,200,000

Complete Guide to Downloading and Filling the Union Bank of India Statement of Stock Position Form

It serves as a record for internal and statutory bank auditors. "Of course, sir

: Ensure your stock is fully insured and the policy details are noted on the form as required.

If your asset value spikes significantly past your active insurance policy cover, update your policy immediately. Banks will cap your DP valuation up to the maximum insured amount.

The bank hypothecates these stocks as security. Therefore, they must be fully insured against fire, theft, and natural calamities. You must fill out: Insurance Company Name Policy Number and Sum Insured Policy Expiry Date (Must be valid) 4. Step-by-Step Guide: How to Fill the Form Accurately Key Components of the Stock Statement Form :

You can download the official, print-ready PDF form directly from the bank's portal.

Look for "Annexure for Stock Statement" or "Monthly Progress Report (MPR)."

Goods currently in the production line, valued at cost of materials plus partial labor/overhead.