Fill in your business entity name, Cash Credit account number, the name of the UBI branch, and the statement date (e.g., "As of 31st May 2026").
Consumables used during regular production. 3. Mandatory Deductions
This section lists the money owed to your business by buyers.
The bank will deduct unpaid stock (creditors) from your total inventory value to calculate the net paid stock. 📐 How to Calculate Drawing Power (DP)
: The specific format of the form can vary between different branches of Union Bank of India, depending on the type of facility (e.g., Working Capital Demand Loan, Cash Credit) and the nature of your business (e.g., manufacturer, trader).
A detailed breakdown of materials (Raw Materials, Consumables, Finished Goods, Goods-in-Transit).
For any business operating on a Cash Credit (CC) or Overdraft (OD) facility secured by hypothecation of stock, the Statement of Stock Position serves as the bank's primary tool for risk management. It allows the bank to:
Borrowers utilizing working capital facilities like Cash Credit (CC) or Overdraft (OD) accounts with Union Bank of India (UBI) must submit a periodic . This document serves as proof of the primary security backing your loan. It directly determines your monthly Drawing Power (DP) .
: Provide your 15-digit UBI Cash Credit account number.
any debtors that exceed the maximum age limit specified in your loan sanction letter. How Drawing Power (DP) is Calculated
A Statement of Stock Position (SSP) form is a document that provides a comprehensive report of a customer's stock holdings and transactions in their Demat account. The SSP form typically includes details such as:
Any inventory older than the bank's specified limit (typically 90 days). 4. Insurance Tracking Annexure
Finding the official Statement of Stock Position form for Union Bank of India (UBI) can be a bit tricky because "account statements" (transaction history) often pop up first in searches. Stock Position Statement