A complete NF 902 statement generally includes two main sections:
In simple terms, this form is your declaration to the bank about:
The Canara Bank stock statement form NF 902 is a standardized form used to request a statement of shares or securities held in a demat account. The form is used by investors to obtain a consolidated statement of their holdings in various scrips.
This is perhaps the most critical part for your financial standing. The bank uses this to calculate your eligible limit by deducting ineligible stocks from your total value. canara bank stock statement form nf 902 excel format
: Age-wise breakup of book debts (within/beyond 90 days) and sundry creditors.
Excel can automatically subtract "Excluded Categories" (like stocks purchased on credit) and apply bank margins to calculate your Net Drawing Limit instantly. Reduces manual entry errors in high-volume inventory lists. Historical Tracking:
The is the standard "OCC Stock Statement cum MSOD" used by borrowers with Cash Credit facilities to report monthly inventory and sales. While the official form is often distributed as a PDF, it is frequently converted into Excel format to automate the calculation of Drawing Power (DP). Standard Report Structure (NF 902) A complete NF 902 statement generally includes two
The Canara Bank Stock Statement Form (also known as the "OCC Stock Statement cum MSOD") is available for download on the official Canara Bank website
: Details of unpaid dues to suppliers, which must be deducted to find the net paid stock.
To avoid rejection by your Canara Bank branch, keep these critical banking norms in mind while filling out your Excel sheet: The bank uses this to calculate your eligible
If you want to tailor this spreadsheet to your specific business, tell me: What is your amount?
: Print the finalized Excel sheet and sign it with an authorized stamp before submitting it to your respective branch. Why Banks Require NF 902