You must declare your (the amount you owe to suppliers).
A: The NF 902 form is used to provide a detailed record of a company's stock holdings, including quantity, value, and other relevant information.
Disclaimer: This format is a standard representation based on Canara Bank’s prescribed guidelines. Always confirm with your branch for any recent changes to NF 902. canara bank stock statement form nf 902 excel format
The most practical method to manage this process is by creating or obtaining a dynamic, self-calculating .
This is the core of the statement. You must break down your inventory by category and valuation: You must declare your (the amount you owe to suppliers)
: If tracking detailed invoice dates, use logical formulas to flag invoices older than 90 days. Guidelines for Accurate Submission
: Usually 25% (=Net Stock Value * 0.25) . Eligible Stock Value for DP : =(Net Stock Value - Margin) . Always confirm with your branch for any recent
Stock DP=Net Eligible Stock×(100%−Stock Margin %)Stock DP equals Net Eligible Stock cross open paren 100 % minus Stock Margin % close paren
Follow this comprehensive checklist to build your NF-902 Excel template and populate it with data: