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A Canara BankRef:: MD&CEO:SD:736/737 /11/12::2019 The Vice President The Bombay Stock Exchange Ltd. Phiroze Jeejeebhoy Towers Dalal Street, MUMBAI 400 00118.10.2019The Vice President Listing Department
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How to fill out canara bank stock statement

01
To fill out Canara Bank stock statement, follow the steps below:
02
Download the stock statement form from the Canara Bank website or visit a branch to collect it.
03
Fill in the details of the borrower and the loan account number at the top of the form.
04
Provide accurate information about the stock held by the borrower, including the type of stock, quantity, unit price, and total value.
05
Specify whether the stock is held in the borrower's own premises or in rented premises.
06
If the stock is held in rented premises, provide details of the rental agreement.
07
Indicate the date of the stock statement and the period for which it is prepared.
08
Sign the stock statement form and submit it to the Canara Bank branch along with any supporting documents if required.
09
Make sure to keep a copy of the filled stock statement for your reference.

Who needs canara bank stock statement?

01
Canara Bank stock statement is required by individuals or businesses who have taken a loan from Canara Bank and have pledged their stock as collateral. It is necessary for providing regular updates on the value and condition of the stock being held as security. This helps the bank assess the risk associated with the loan and determine the borrower's creditworthiness.
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A Canara Bank stock statement is a financial document that provides a summary of the stock and inventory held by a business, often required for loan assessments.
Businesses that have taken loans from Canara Bank and need to report their stock levels as part of the loan agreement are required to file a stock statement.
To fill out a Canara Bank stock statement, one must provide details about the quantity and value of stocks and inventories, along with other relevant financial data as per the prescribed format.
The purpose of the Canara Bank stock statement is to inform the bank about the borrower's stock levels, helping them assess credit risk and manage loans more effectively.
The stock statement must report information such as the quantity and value of inventories, descriptions of the goods, and any other relevant financial information.
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