A signed statement by the borrower confirming that the stocks are their own property and the values provided are accurate. How to Download and Submit
Borrowers who have availed of or Working Capital limits must submit this statement monthly or quarterly to maintain their Drawing Power (DP) . The form allows the bank to monitor the physical security (stock) against which the loan has been granted.
Small and Medium Enterprises (SMEs) and individual business owners with limits up to ₹10 Lakhs.
Confirmation that the stock is adequately insured against fire and other risks.
Description of items, quantity, rate per unit, and total value for: Raw Materials Work-in-Progress (WIP) Finished Goods
Details of debtors, usually focusing on those less than 90 days old.
A signed statement by the borrower confirming that the stocks are their own property and the values provided are accurate. How to Download and Submit
Borrowers who have availed of or Working Capital limits must submit this statement monthly or quarterly to maintain their Drawing Power (DP) . The form allows the bank to monitor the physical security (stock) against which the loan has been granted. A signed statement by the borrower confirming that
Small and Medium Enterprises (SMEs) and individual business owners with limits up to ₹10 Lakhs. Small and Medium Enterprises (SMEs) and individual business
Confirmation that the stock is adequately insured against fire and other risks. rate per unit
Description of items, quantity, rate per unit, and total value for: Raw Materials Work-in-Progress (WIP) Finished Goods
Details of debtors, usually focusing on those less than 90 days old.