Stock statement procedure bank od loan monthly report
This query is : Resolved
06 April 2025
Sir,
A person rs:40 lacs od loan from union bank of india and bank manager monthly stock statement asked
Question:
A person how much stock value show in bank stock statement monthly report
A person rs:40 lacs od loan from union bank of india and bank manager monthly stock statement asked
Question:
A person how much stock value show in bank stock statement monthly report
06 April 2025
Check the report submitted at the time of loan application. Generally the borrower would need to show a stock value of at least ₹50 lacs in the monthly report to maintain the overdraft limit of ₹40 lacs. However, the exact stock value required may vary based on the specific conditions like Bank balance, valuation of debtors & creditors balances etc.
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