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Union Bank Stock Statement Format

This document provides a statement of stock position as of a given date. It lists descriptions of goods held in storage along with package quantities, rates, and total values. The total value of stock is declared along with the basis of valuation. Values are also given for imported raw materials, indigenous goods, finished goods, goods in process, purchases and sales made during the month. The declaration confirms the bank's interest in the pledged goods. Calculations of the net stock value ranking for drawing power are shown, along with outstanding amounts and authorized signatures.

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29K views

Union Bank Stock Statement Format

This document provides a statement of stock position as of a given date. It lists descriptions of goods held in storage along with package quantities, rates, and total values. The total value of stock is declared along with the basis of valuation. Values are also given for imported raw materials, indigenous goods, finished goods, goods in process, purchases and sales made during the month. The declaration confirms the bank's interest in the pledged goods. Calculations of the net stock value ranking for drawing power are shown, along with outstanding amounts and authorized signatures.

Uploaded by

berrysautolko
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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STATEMENT OF STOCK POSITION

From To: Union Bank of India

Branch

Date

****************** **
We give here below particulars of goods held in your name on yourAccountas on. . *******

0f there are more than one godown, details are to be given godownwise with the address of the godown.)

Description of goods Value


Place stored No.of packagesQuantity Rate
. Rs. . P_

/Total
1T
Rate Value
Description of goods Place stored No.of packages Quantity
5. Rs. P

/Total

Total value of stock as declared above


Basis of Valuation

Value of stock received on credit/unpaid stock


Imported Raw Materials (valued at landed
cost/market value whichever is lower)

Value of stock older than 90 days hence not ranking Indigenous goods (purchase/market value
for Drawing Power. whicheveris lower.)

Finished goods (at cost or selling price less


Total sales made during the month
profit)

Goods in process (at actual cost basis)


Total purchase made during the month

We declare that all the goods noted on the reverse and pledged/hypothecated to you either our own property or that we have
interest therein as entitles us to pledge/hypothecate them with the Bank to the full extent ofthe Bank's advances to us
against them and that they are not subject to any lien, claim or charge of any sort.

Signature

Date of Receipt
I confirm than calculations have been checked
Total value of the stock and found corect, Insurance Cover has been
taken fully.

Less value of stock received on credit/unpaid stock

Less value of stock older than 90 days & hence not ranking for Drawing Power

Net value ofstock ranking for Drawing Power


*****************

Less Margin@ . . . .

Net Value/Drawing Limit

Sanctioned Limit

Outstanding in the Account Authorised Signature

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