If you are a registered user of Canara Bank’s internet banking portal:
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. Canara Bank Occ Stock Statement Form Download
The (commonly referred to as NF 902 or NF 540 ) is a mandatory monthly document for businesses using an Open Cash Credit (OCC) facility. It allows the bank to calculate your "Drawing Power" by verifying the value of your current inventory. Key Forms for Download If you are a registered user of Canara
: Information on goods purchased on credit (Trade Creditors) to determine the net value eligible for funding. It allows the bank to calculate your "Drawing
: Some branches may use the NF-540 format for specific types of OCC accounts.
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: This is the most common comprehensive form used for OCC accounts. It includes sections for raw materials, work-in-progress, and finished goods. NF-540 (OCC Stock Statement)