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The Canara Bank Stock Statement Form NF-1003 is a simplified document used by borrowers with working capital limits up to ₹10 lakhs to report inventory and receivable positions for calculating Drawing Power. The form requires detailed information on stock values at cost or market price, outstanding book debts, and insurance coverage for proper valuation. Access the form on AI responses may include mistakes. Learn more NF 1003 Simplified Stock Statement | PDF - Scribd
| Section | Details | |---------|---------| | Borrower details | Name, account number, branch, sanction limit | | Stock statement | Item-wise quantity, value (cost or market price, whichever lower) | | Book debts | Customer-wise outstanding, aging (<30, 30–60, 60–90, >90 days) | | Declaration | Certified by borrower/auditor that stock is insured and physically available | | Signatures | Borrower + authorized bank official |
