: Description of materials, place of storage (godowns), number of packages, quantity, rate, and total value. Financial Deductions Unpaid Stocks
This is the most reliable method. Request a soft copy (Excel or PDF) from your or Branch Manager .
Do you need help calculating your exact ?
: Specific addresses of godowns or storage locations where the stock is held.
: Policy number, amount, and expiry date, ensuring the bank's name is noted as the beneficiary (Bank Clause). Borrower Declaration
You must categorize debtors by age (e.g., less than 90 days, 90–180 days, and above 180 days).
Disclaimer: Stock statement formats can change. Always confirm the final format with your specific Union Bank of India branch.
The specific Union Bank branch handling the loan.
When filling out the Statement of Stock Position, you will generally need to provide the following details:
Before diving into the "how-to," it is crucial to understand why Union Bank of India insists on this document.
: You can find highly accurate formats on document sites like
: 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.
Union Bank of India makes its forms available through its official website. You can obtain the form in two ways:
Deduct unpaid stock and slow-moving inventory to determine the "Net Value".
State the value of items currently on the factory floor or mid-production.
Enter the name of the Union Bank branch holding your loan account.
: It ensures that the bank's primary security (the hypothecated inventory) actually exists and has not degraded in value.
