Union Bank Of India Statement Of Stock Position Form Download Extra Quality -
Note that margins (e.g., 25% on stock) are deducted from the eligible value before arriving at the limit. Excel template for easier calculations? The list of insurance requirements for pledged stock? Details on how to submit this statement via Union Bank Internet Banking
The document must be signed by an authorized partner, director, or proprietor, accompanied by the company rubber stamp. Important Timelines and Penalties Action Item Standard Timeline Submission Deadline Usually before the 10th or 15th of the following month. Penal Interest
Amount owed to suppliers. This value is from your total stock value because you do not fully own unpaid inventory yet. 5. Insurance Details
: Typically "Cost or Market Value, whichever is lower".
➤ www.unionbankofindia.co.in
Your sanctioned limit is the maximum amount you can borrow, but your Drawing Power is the actual amount you are allowed to withdraw based on your current stock. If your stock value drops, your DP drops.
Tip: Always maintain a digital master copy (preferably in Excel) of the form to simplify your monthly data entry. Step-by-Step: How to Fill the UBI Stock Statement Form
If you cannot find the exact template on the main site, professional platforms like Scribd host community-uploaded templates specifically for Union Bank of India stock statements. Key Components of the Stock Statement
Receivables beyond 90 days / 180 days (The bank usually excludes debtors older than 90 or 180 days from DP calculations, depending on your sanction terms). E. Insurance Details
Typically 25% . The bank considers 75% of your total stock value.
Note that margins (e.g., 25% on stock) are deducted from the eligible value before arriving at the limit. Excel template for easier calculations? The list of insurance requirements for pledged stock? Details on how to submit this statement via Union Bank Internet Banking
The document must be signed by an authorized partner, director, or proprietor, accompanied by the company rubber stamp. Important Timelines and Penalties Action Item Standard Timeline Submission Deadline Usually before the 10th or 15th of the following month. Penal Interest
Amount owed to suppliers. This value is from your total stock value because you do not fully own unpaid inventory yet. 5. Insurance Details
: Typically "Cost or Market Value, whichever is lower".
➤ www.unionbankofindia.co.in
Your sanctioned limit is the maximum amount you can borrow, but your Drawing Power is the actual amount you are allowed to withdraw based on your current stock. If your stock value drops, your DP drops.
Tip: Always maintain a digital master copy (preferably in Excel) of the form to simplify your monthly data entry. Step-by-Step: How to Fill the UBI Stock Statement Form
If you cannot find the exact template on the main site, professional platforms like Scribd host community-uploaded templates specifically for Union Bank of India stock statements. Key Components of the Stock Statement
Receivables beyond 90 days / 180 days (The bank usually excludes debtors older than 90 or 180 days from DP calculations, depending on your sanction terms). E. Insurance Details
Typically 25% . The bank considers 75% of your total stock value.
