Union Bank Of India Statement Of Stock Position Form Download Patched May 2026

Union Bank of India requires commercial borrowers to submit a Statement of Stock Position regularly to monitor the value of the inventory and receivables used as collateral for loans. This document is essential for maintaining the "drawing power" of your Cash Credit (CC) or Overdraft (OD) accounts. Understanding the Union Bank Stock Statement

The Statement of Stock Position is a formal declaration by a business owner regarding the current value of their assets. Union Bank uses this form to ensure that the loan amount disbursed remains well-covered by the physical goods and book debts held by the business. Why You Need to Submit This Form

Drawing Power Calculation: Your limit is adjusted based on your current stock minus the prescribed margin.

Compliance: Regular submission (usually monthly) is a mandatory loan covenant.

Audit Readiness: It serves as a record for internal and statutory bank auditors.

Interest Rates: Timely submission can sometimes prevent "penal interest" charged for non-compliance. Key Components of the Form

When you download and fill out the Union Bank of India stock statement, you will typically find the following sections:

Inventory Details: Breakdown of raw materials, work-in-progress (WIP), and finished goods.

Valuation: The cost price or market price (whichever is lower) of the goods.

Creditors: List of unpaid supplies, as these are deducted from the stock value to calculate the "paid stock."

Book Debts: A list of receivables or money owed to you by customers, usually categorized by age (e.g., less than 90 days).

Insurance Details: Proof that the stock is insured against fire and other risks with the bank's name as the beneficiary (Hypothecation clause). How to Download the Union Bank Stock Statement Form

Union Bank provides official forms through its corporate portal. Here is how to find it: Official Website: Visit unionbankofindia.co.in.

Resources Section: Navigate to the "Forms" or "Downloads" section under the "Useful Links" or "Corporate Banking" tab.

Search: Look for "Annexure for Stock Statement" or "Monthly Progress Report (MPR)."

Physical Branch: If you cannot find the digital version, your dedicated Relationship Manager or Branch Manager can provide the specific Excel or PDF format used by your local branch. Best Practices for Filling the Form

Be Accurate: Ensure the figures match your physical stock registers and accounting software (Tally, Zoho, etc.).

Deduct Creditors: Never forget to subtract the value of goods for which you haven't yet paid, as the bank only finances "paid stock."

Check Aging: Most banks do not consider book debts older than 90 days for drawing power. Exclude these to avoid discrepancies.

Sign and Seal: The form must be signed by the authorized signatory of the firm/company and carry the official rubber stamp. Summary Checklist for Submission Download the latest Union Bank stock statement format. Update your inventory records to the last day of the month. Verify your insurance policy is still valid.

Cross-check figures with your Balance Sheet or Trial Balance.

Submit the signed copy to your branch by the 7th or 10th of the following month.

💡 Pro Tip: Keep a digital folder of all submitted statements. This makes it much easier when it comes time for your annual loan renewal or enhancement.

If you tell me the specific type of loan you have (e.g., MSME, Large Corporate, or Agri-loan), I can help you find the exact Annexure number required.

Union Bank of India (UBI) Statement of Stock Position is a mandatory monthly or quarterly compliance document for businesses holding working capital facilities (like Cash Credit or Overdraft limits). It acts as the basis for calculating your Drawing Power (DP)

, determining how much of your sanctioned limit you can actually use based on current inventory. Form Overview & Critical Fields

The standard form requires detailed disclosures across several key categories: Inventory Breakdown : You must specify quantities, rates, and values for Raw Materials (Imported vs. Indigenous), Stock-in-Process Finished Goods Exclusions for Drawing Power : To calculate your usable limit, the bank deducts: Unpaid Stock : Goods received on credit or under LC/LG but not yet paid. Obsolete Stock : Slow-moving or "dead" stocks. : Generally, inventory older than is excluded from DP calculations. Insurance Details

: You must provide the policy number, amount, and expiry date, ensuring the policy is endorsed in the bank's favor. Borrower Declaration Union Bank of India requires commercial borrowers to

: A signed certification that the stock is your exclusive property, free of other liens, and valued at "Cost or Market Value, whichever is lower". Where to Download the Form While the official Union Bank of India Website

often undergoes updates, the standardized template is widely available through secondary financial document repositories: Direct Templates : Highly detailed formats can be found on Scribd - UBI Stock Statement Template Scribd - Stock Position Statement Branch Sources

: It is highly recommended to obtain the specific Excel or PDF version used by your local branch, as they may have slightly varied internal requirements for the "Annexure to Stock Statement". Submission & Management Union Bank Stock Statement Format | PDF - Scribd

Union Bank of India Statement of Stock Position Form Download: A Comprehensive Guide

As a business owner or a financial professional, managing your company's stock position is crucial for making informed decisions about inventory, sales, and profitability. Union Bank of India, one of the leading public sector banks in India, provides its customers with a Statement of Stock Position (SSP) form to help them keep track of their stock levels and report them to the bank. In this article, we will guide you through the process of downloading the Union Bank of India Statement of Stock Position form and provide you with a comprehensive understanding of its importance and usage.

What is a Statement of Stock Position (SSP) form?

A Statement of Stock Position (SSP) form is a document that provides a detailed report of a company's stock levels, including the quantity of goods held in stock, their value, and other relevant information. The SSP form is used by businesses to report their stock position to their bank, which helps the bank to assess the company's creditworthiness and provide them with necessary financing facilities.

Why is the Union Bank of India Statement of Stock Position form important?

The Union Bank of India Statement of Stock Position form is an essential document for businesses that have a current account or a cash credit account with the bank. By submitting the SSP form to the bank, businesses can:

1. Maintain transparency: The SSP form helps businesses to maintain transparency in their stock levels and report them to the bank, which reduces the risk of discrepancies and errors.
2. Improve creditworthiness: By providing the bank with accurate and timely information about their stock levels, businesses can demonstrate their creditworthiness and enhance their chances of getting loans or other credit facilities.
3. Facilitate inventory management: The SSP form helps businesses to keep track of their inventory levels, identify slow-moving or dead stock, and make informed decisions about production, sales, and procurement.

How to download the Union Bank of India Statement of Stock Position form?

Downloading the Union Bank of India Statement of Stock Position form is a straightforward process that can be completed online or offline. Here are the steps:

Online Method

1. Visit the Union Bank of India website: Go to the official website of Union Bank of India at www.unionbankofindia.com.
2. Navigate to the 'Forms' section: Click on the 'Forms' tab on the top menu bar.
3. Select 'Statement of Stock Position': Scroll down to the 'Other Forms' section and select 'Statement of Stock Position (SSP)'.
4. Download the form: Click on the 'Download' button to save the SSP form in PDF format.

Offline Method

1. Visit a Union Bank of India branch: Visit any Union Bank of India branch near you.
2. Request for the SSP form: Ask the bank staff for the Statement of Stock Position form.
3. Collect the form: Collect the form and fill it out as per your company's records.

How to fill out the Union Bank of India Statement of Stock Position form?

Once you have downloaded or collected the SSP form, you need to fill it out with your company's stock position data. Here are the steps:

1. Provide company information: Fill in your company's name, address, and account number.
2. Report stock position: Report your stock position as on a specific date, including the quantity and value of goods held in stock.
3. Provide supporting documents: Attach supporting documents, such as stock ledger, inventory reports, or invoices.

Conclusion

The Union Bank of India Statement of Stock Position form is an essential document for businesses that have a current account or a cash credit account with the bank. By downloading and filling out the SSP form, businesses can maintain transparency in their stock levels, improve their creditworthiness, and facilitate inventory management. We hope that this article has provided you with a comprehensive guide on how to download and use the Union Bank of India Statement of Stock Position form.

FAQs

1. What is the frequency of submitting the SSP form to Union Bank of India? The frequency of submitting the SSP form to Union Bank of India may vary depending on the bank's policies and the type of account. Typically, businesses are required to submit the SSP form on a monthly or quarterly basis.
2. Can I download the SSP form from the Union Bank of India mobile app? Currently, the Union Bank of India mobile app does not provide the option to download the SSP form. You can visit the bank's website or visit a branch to download or collect the form.
3. What are the consequences of not submitting the SSP form to Union Bank of India? Failure to submit the SSP form to Union Bank of India may result in delays or rejection of loan applications, higher interest rates, or other penalties. It is essential to submit the SSP form on time to maintain a good relationship with the bank.

Additional Information

• The SSP form is also known as the 'Stock Statement' or 'Inventory Report'.
• The form may vary in format depending on the type of business or industry.
• Union Bank of India provides various facilities, such as cash credit, overdraft, and loan against inventory, which require the submission of the SSP form.

The official Statement of Stock Position form for Union Bank of India is primarily used by business borrowers to declare inventory levels for calculating "Drawing Power" against cash credit or loan facilities. While the bank's official website provides general Download Banking Forms

for various services, specific stock statement templates are often shared directly by branch officials or accessed via third-party repositories. Union Bank of India Key Components of the Stock Statement

A standard Union Bank of India stock position statement includes the following critical sections: Inventory Breakdown Raw Materials

: Both imported and indigenous goods (valued at cost or market price, whichever is lower). Stock in Process : Goods currently in production, valued at actual cost. Finished Goods

: Completed products ready for sale, typically valued at cost or selling price less profit. Stores & Spares

: Maintenance items and spare parts related to the business operations. Storage Details

: Description of materials, place of storage (godowns), number of packages, quantity, rate, and total value. Financial Deductions Unpaid Stocks

: Goods received on credit or under letters of credit (LC) that are not yet paid for. Obsolete Stock Maintain transparency : The SSP form helps businesses

: Slow-moving or "dead" stocks and items older than 90 days, which generally do not rank for drawing power. Drawing Power Calculation The bank applies a specific Margin percentage

(e.g., 25%) to the net value of eligible stock to determine the actual limit the borrower can draw from their account. Format Availability Forms & Application Downloads | Union Bank of India

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

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

Union Bank of India (UBI) Statement of Stock Position is a mandatory document for businesses maintaining Cash Credit (CC) or Overdraft (OD) limits against hypothecated inventory. You can find the standard template on platforms like Scribd - Union Bank Stock Statement Format Pinterest - Stock Statement Sample 📊 Purpose of the Form Drawing Power (DP) Calculation

: Determines the maximum amount you can withdraw from your CC account based on current inventory value. Collateral Verification

: Confirms that the goods pledged to the bank are in your possession and are free from other claims. Regulatory Compliance

: Banks require this statement monthly or quarterly to monitor the health of the secured asset. 🗒️ Key Components to Include Union Bank Stock Statement Format | PDF - Scribd

The Union Bank of India (UBI) Statement of Stock Position form is a crucial document for MSME and business loan accounts, used to report the value of inventory pledged or hypothecated to the bank. This statement directly determines your Drawing Power (DP), which is the actual amount you can withdraw from your sanctioned credit limit based on current stock levels. How to Download the Form

While the official Union Bank of India website provides various Downloadable Banking Forms, specific stock statement formats are often provided directly by your home branch to ensure they match local compliance needs.

If you need a digital copy immediately, you can find standard templates on professional document-sharing platforms:

Official Downloads: Check the Union Bank Forms & Applications page for the latest MSME and loan documentation.

Scribd Templates: Several versions of the Union Bank Stock Statement Format are available for download as PDF or TXT. How to download the Union Bank of India

ARK Advisors: Provides a Stock and Book Debt Statement Form specifically for bank submissions. Key Components of the Form To accurately fill out the form, you will need to provide:

Inventory Details: Description of raw materials, goods in process, and finished goods, including quantity, rate, and total value.

Storage Info: Specific addresses of godowns or storage locations where the stock is held.

Valuation Basis: Whether the stock is valued at cost or market price (whichever is lower).

Deductions: Information on unpaid stock (purchased on credit) or stock older than 90 days, which typically does not count toward drawing power.

Declarations: A signed statement confirming that the goods are free from other liens and are the property of the applicant. Tips for Submission

Frequency: Most banks require these statements monthly or quarterly to refresh your drawing limit.

Insurance: Ensure your stock is fully insured and the policy details are noted on the form as required.

Accuracy: Always double-check calculations for net value, as errors can lead to a temporary freeze on your credit line.

AI responses may include mistakes. For financial advice, consult a professional. Learn more Union Bank Stock Statement Format | PDF - Scribd

Important Tips for Submission

• Timeliness: Most banks require this statement to be submitted within 7 to 15 days of the closing date of the month. Delayed submission can affect your Drawing Power (DP) and limit your ability to withdraw funds.
• Insurance: Ensure your stock insurance is valid. The form usually requires you to declare that the stock is adequately insured.
• Accuracy: Discrepancies between your books and the stock statement can lead to scrutiny by the bank’s stock audit team.

What If You Cannot Find the Form Online?

Despite the digital push, some rural branches of Union Bank of India may still use customized local formats. If the online download does not yield the correct form for your specific loan product (e.g., Pradhan Mantri MUDRA Yojana or MSME Sahaj), do the following:

1. Visit your branch and ask the "Credit Officer" for the Annexure - Stock Statement.
2. Politely request a physical photocopy or a soft copy via e-mail from the branch’s official ID.
3. Ask if the branch accepts the 'Self-Declaration of Stock Position' format (a simplified version for small businesses).

Conclusion: Download Responsibly

The union bank of india statement of stock position form download is a simple task, but it holds immense power over the health of your working capital cycle. Always source the form from the official UBI website or your branch manager. Fill it with accuracy, sign it with authority, and submit it before the deadline.

By maintaining a clean history of timely stock statement submissions, you build trust with Union Bank of India, making it easier to get future enhancements, lower interest rates, and faster processing of other loan requests.

Disclaimer: This article is for informational purposes only. Banking forms and procedures are subject to change. Always consult your Union Bank of India branch manager or relationship manager for the most current compliance requirements.

For Union Bank of India (UBI), a "Statement of Stock Position" is a critical document for businesses with Cash Credit (CC) Overdraft (OD) facilities. It is used to determine your Drawing Power (DP) based on the inventory you hold. 📄 Union Bank of India Stock Statement Form

While specific branch formats may slightly vary, you can typically find or download standardized templates through official and trusted secondary channels: Official Downloads : Visit the Union Bank of India Forms & Application Downloads page. Look under sections for MSME Loans Credit Facilities Common PDF Templates

: You can view or download standard formats on professional document sharing sites like Scribd - Union Bank Stock Statement Format Scribd - Union Bank Stock Position Statement Branch Request

: It is often best to request the exact Excel or PDF template directly from your assigned Relationship Manager

to ensure it matches their specific internal reporting requirements. Union Bank of India 📝 Key Components of the Form

A standard stock statement requires you to provide the following details as of a specific date: Inventory Breakdown : Description, quantity, rate, and total value of: Raw Materials (Imported & Indigenous) Stock-in-Process (Semi-finished goods) Finished Goods Stores/Spares Exclusions for Drawing Power : To calculate DP, you must deduct: Unpaid Stocks (Stock bought on credit or under LC/LG) Obsolete Stock : Goods older than (unless otherwise specified) Slow-moving or Dead Stocks Insurance Details

: Policy number, amount, and expiry date, ensuring the bank's name is noted as the beneficiary (Bank Clause). Borrower Declaration

: A signed certificate confirming that the stock is your exclusive property, free from other liens, and valued at cost or market value, whichever is lower. 💡 Pro-Tips for Submission Timely Filing : Statements are usually due by the 7th or 10th

of the following month. Late filing can lead to penal interest or a freeze on your drawing power. Valuation Rule : Always use the "Lower of Cost or Market Value" principle for valuation unless instructed otherwise. Drawing Power Calculation

Drawing Power = (Eligible Stock Value - Bank Margin) + (Eligible Book Debts - Bank Margin)

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

AI responses may include mistakes. For financial advice, consult a professional. Learn more Union Bank Stock Statement Format | PDF - Scribd

What is the Stock Statement Form?

The Stock Statement Form (often referred to as Form A or Stock Audit Report) is a declaration by the borrower regarding the value of their:

• Raw Materials
• Work-in-Progress (WIP)
• Finished Goods
• Book Debts (Receivables)

Banks require this every month (usually by the 7th or 15th of the following month) to ensure the Drawing Power (DP) does not exceed the actual value of the stock.