Union Bank Of India Statement Of Stock Position Form Download Site

There are two primary ways to get your hands on the official form.

To save you time, here is a direct method to download the Union Bank of India Statement of Stock Position form without browsing through multiple menus:

Note: As of the current financial year, Union Bank of India has merged with Andhra Bank and Corporation Bank. Ensure the form you download has the new UBI logo (three intersecting arrows) and not the legacy logos.

The form contains a table with the following columns:

| Sl. No. | Description | Quantity | Unit | Rate (Rs.) | Value (Rs.) | Remarks | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | 1 | Raw Materials | | | | | | | 2 | Stock-in-Process | | | | | | | 3 | Finished Goods | | | | | | | 4 | Consumable Stores | | | | | |

Ask your branch manager for the Excel version – you can update stock values monthly and print directly. Many UBI branches now accept Excel printouts with signature.

For businesses and MSMEs maintaining a Cash Credit (CC) or working capital facility with Union Bank of India (UBI), submitting a periodic Statement of Stock Position is a mandatory requirement. This document allows the bank to assess your current inventory and calculate your Drawing Power (DP). Where to Download the Stock Position Form

Union Bank of India typically provides these forms through their official portal or at local branches. You can access the relevant sections here:

Official Downloads: Visit the Union Bank of India Forms & Applications page to find various loan and MSME-related documents.

MSME Specifics: For small and medium enterprises, check the MSME Application Details section for specific review formats.

Alternative Formats: 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

The form requires detailed information about your business inventory as of a specific date. Key sections usually include:

Inventory Details: Description of raw materials (imported or indigenous), stock-in-process, and finished goods.

Valuation: Stocks must be valued at cost or market value, whichever is lower.

Exclusions: To calculate the true Drawing Power, you must subtract: Unpaid stocks (purchased on credit or under LC/LG). Obsolete or "dead" stocks.

Stock older than 90 days (or as per your specific sanction terms).

Insurance Particulars: Details of valid insurance policies covering the stock against fire and other risks. Why Regular Submission is Critical There are two primary ways to get your

Drawing Power Calculation: Your limit is not fixed; it fluctuates based on the value of the stock you hold.

Compliance: Failure to submit the statement by the monthly or quarterly deadline (usually the 7th or 10th of the following month) can lead to penal interest or a temporary freeze on your CC account.

Audit Readiness: Keeping these statements updated ensures your books match the bank’s records during annual inspections. How to Submit

Once you download and fill out the form, it must be signed by an authorized signatory and, in some cases for larger limits, certified by a Chartered Accountant. You can then submit the physical copy to your home branch or upload it via the bank's digital corporate banking portal if enabled. Union Bank of India Download Forms & Applications - Union Bank of India

Download Forms & Applications – Union Bank of India. Looking For Something Specific? Accounts & Deposit. Loan. Union Bank of India Download Forms & Applications - Union Bank of India

The Union Bank of India Statement of Stock Position form is a mandatory document for borrowers using Cash Credit (CC) or Overdraft facilities, used to declare the value of pledged inventory to determine the drawing power.  Download Links for Form Formats 

Official forms are typically provided by your local branch manager; however, common standard formats are available via online repositories: 

Standard PDF Format: A comprehensive Statement of Stock Position on Scribd includes sections for raw materials, finished goods, and goods in process.

CC Account Specific: A dedicated Stock Statement for Cash Credit detailing calculations for net value and drawing limits.

Combined Stock & Book Debt: For businesses required to submit both, ARK Advisors provides a downloadable .docx template for hypothecated assets.  Required Details for the Form 

When filling out the statement, you must provide the following information as of a specific date: 

Inventory Breakdown: Description of goods, storage location (godown-wise), quantity (number of packages), rate per unit, and total value.

Basis of Valuation: Typically "Cost or Market Value, whichever is lower".

Deductions: Value of unpaid stock (received on credit) and "obsolete" or older goods (usually those over 90 days) must be deducted to arrive at the Net Stock Value.

Declaration: A signed confirmation that the goods are free from other liens and are pledged solely to Union Bank of India.  Submission via Online Portals 

While the physical form is common, most modern submissions can be initiated through the bank's digital channels:  Format, Example and Steps to Open Union Bank Statement PDF Note: As of the current financial year, Union

It was a typical Monday morning at the Union Bank of India, with employees bustling about, sipping their morning coffee and checking their emails. In the midst of this chaos, a young entrepreneur, Rohan, walked into the bank, looking for a specific form. He had recently started his own business and was eager to manage his finances efficiently.

Rohan had heard about the Union Bank of India Statement of Stock Position Form, which allowed businesses to declare their stock levels and reconcile them with the bank's records. He knew that downloading and filling out this form would help him stay on top of his inventory and ensure that his business's financial statements were accurate.

As he approached the bank's customer service desk, Rohan was greeted by a friendly bank representative, Priya. "Hello, sir! How can I assist you today?" she asked.

"Hi Priya," Rohan replied. "I'm looking for the Union Bank of India Statement of Stock Position Form. Can you help me with that?"

Priya smiled and nodded. "Of course, sir! You can easily download the form from our website. Let me guide you through the process."

She led Rohan to a nearby computer and logged onto the Union Bank of India website. "First, you'll need to visit our website and navigate to the 'Forms' section," she explained.

Rohan watched as Priya clicked on the relevant links. "Once you're on the Forms page, select 'Business Banking' and then 'Statement of Stock Position Form'."

The form appeared on the screen, and Priya showed Rohan how to fill it out. The form required details such as the business's name and address, stock position as on a specific date, and a list of inventory items.

As Rohan began to fill out the form, Priya explained the importance of accurately declaring his stock levels. "This form helps us ensure that your business's financial statements are accurate and up-to-date," she said. "It's also a regulatory requirement."

Rohan nodded, taking mental notes. He carefully filled out the form, making sure to provide all the necessary information.

Once he had completed the form, Priya helped him review it for accuracy. "Great job, sir! Now, you can submit this form to us either online or by visiting your nearest branch."

Rohan thanked Priya for her assistance and left the bank feeling confident that he had taken an important step in managing his business's finances. He submitted the form online and received a confirmation email from the bank.

From that day on, Rohan made it a point to regularly update his stock position and submit the Statement of Stock Position Form to the bank. He found that it helped him stay organized and ensured that his business's financial records were accurate.

As his business grew, Rohan continued to rely on the Union Bank of India and its online resources, including the Statement of Stock Position Form, to help him manage his finances efficiently. He was grateful for the bank's support and guidance, which enabled him to focus on building a successful business.

To obtain the Statement of Stock Position form for Union Bank of India (UBI), you can download official templates or formatted copies from several sources. This form is essential for businesses with working capital limits (like Cash Credit) to declare their inventory value and calculate their Drawing Power (DP). Download Options

Official Website: You can find various banking application forms on the Union Bank of India Download Forms & Applications page. While a specific "Stock Statement" link may not always be visible on the main page, it is often grouped under MSME or Corporate Loan application documents. The form contains a table with the following columns: | Sl

Scribd (Pre-formatted Templates): Several ready-to-use PDF and Word formats specific to Union Bank of India are available on Scribd:

Union Bank Stock Statement Template (Detailed breakdown of materials, insurance, and book debts).

Union Bank Stock Position Statement (General declaration format).

Branch Office: For the most up-to-date and branch-specific physical form, you can visit your nearest Union Bank of India branch. What the Form Includes

The statement typically requires the following data points to be filled:

Inventory Breakdown: Description, quantity, rate, and value of Raw Materials (Imported and Indigenous), Stock in Process, and Finished Goods.

Unpaid Stock: Deductions for stock received on credit or unpaid via Letters of Credit (LC), which must be excluded from Drawing Power.

Slow Moving Items: Identification of "dead stock" or items older than 90 days, which banks generally do not consider for lending.

Insurance Details: Policy number, expiry date, and confirmation that the bank’s interest is noted.

Book-Debt Statement: Often attached to the stock position form to show outstanding invoices and their aging (e.g., 0-90 days, 91-180 days). Submission Guidelines Download Forms & Applications - Union Bank of India

Download Forms & Applications – Union Bank of India. Contact Us Internet Banking Search. Looking For Something Specific? Union Bank of India Union Bank Stock Statement Format | PDF - Scribd

As of my current knowledge, I do not have direct access to live download links for specific bank forms, nor can I browse Union Bank of India’s official website in real time. However, I can guide you on how to obtain the Statement of Stock Position form from Union Bank of India.

Here are the most reliable ways to download or obtain the form:

If you are an existing borrower, you can download the form directly from the UBIConnect (Internet Banking for Corporates) portal under the ‘Compliance’ or ‘Document Upload’ section.

Most modern borrowers do not need a separate download. Union Bank’s internet banking portal, Vyom, allows you to upload the statement directly. You can download a blank template from within the portal: