Canara Bank Occ Stock Statement Form Download May 2026

If you are a registered user:

Canara Bank does not always provide a single universal PDF, as requirements vary by branch. However, you can obtain the standard format in three ways:

You must submit a revised stock statement immediately and request the branch to recompute the DP. If the error is genuine, the bank will restore the limit within 2-3 working days. Canara Bank Occ Stock Statement Form Download

A: The bank will issue a rejection memo citing reasons (e.g., insufficient margin, unverified debts). Correct the errors, re-attach supporting invoices (for book debts), and resubmit within 7 days.

The OCC (Open Cash Credit) Stock Statement is a document that borrowers must submit to Canara Bank at regular intervals (usually monthly or quarterly). It provides a snapshot of: If you are a registered user: Canara Bank

Banks use this statement to calculate the Drawing Power (DP) —the maximum amount you can withdraw from your sanctioned limit. If the stock statement is delayed or inaccurate, the bank may reduce your DP, leading to a cash crunch.

A typical Canara Bank stock statement includes: Banks use this statement to calculate the Drawing

| Column | Details | |--------|---------| | Opening Stock | Value at month start | | Purchases | Total purchases during the month | | Sales | Total sales (cash + credit) | | Closing Stock | Opening + Purchases – Sales | | Debtors (Sundry) | Outstanding receivables > 90 days (if applicable) | | Creditors | Amounts payable to suppliers |

Note: You must mention the rate of stock depreciation (usually 25–40%) as advised by your branch. The bank calculates Drawing Power as:
Closing Stock – (Margin % × Closing Stock) – Statutory Liabilities

Once the form is downloaded, filled, and verified:

If a physical form is not available at the branch, borrowers may draft the statement including the following mandatory fields: