SIM-42 B

ORIENTAL BANK OF COMMERCE

Head Office : Harsha Bhawan, E-Block, Connaught Place New Delhi
STOCK STATEMENT
APPLICABLE TO THE BORROWERS ENJOYING FUND BASED WORKING CAPITAL LIMITS
AGAINST HYPOTHECATION OF STOCK AND / OR BOOK DEBTS ABOVE '10.00 LAC
As at the close of business on -
Borrower's Name -
Address of Godown(s)-
In terms of Hypothecation Agreement executed by me/us, I/we furnish herebelow he statement of stock
as at the close of business on_________________, held by me/us, which is hypothecated to the bank as
security. The stock has been valued at market price/invoice/administered price/realizable value,
whichever is lower.

A. Estimates for the Current Accounting year ( 2018-2019) as indicated in the Annual Plan :
Amt ('in Lac).
Gross Sales Rs.
Net Sales Rs.
Production (Quantity) ____________ Value : Rs.
(In Case of Mfg. Units) Amt ('in Lac).

Gross Sales Rs. During the month Total (During the current Accounting Year)
Rs. Rs.

Net Sales During the month Total (During the current Accounting Year)
Rs. Rs.

Production During the month Total (During the current Accounting Year)
(In case of Mfg.
Units) Qty. Qty.

Value (Rs.In Lac.) Value (Rs.In Lac.)

Description of Stock Value (' In Lac)

Opening Purchases Sales during the Stock as on the last

Balance During the Month month day of the month
Raw Material
Imported
Indigenous

Consumable
Parts/Spares

Stock in process
 Finished Goods

A) Total Stock : -

B) Less :
As at the close of business on - 0
i) Trade Creditors -
Borrower's Name -
ii) Under LC on DA Basis

iii) Damaged/Unsalable/obsolete stocks

iv) Older than six months

Total i) to iv) -

C) Net value of Paid up stocks -

D) Statement of Book Debts (other than bills discounted / negotiated by the Bank)
Outstanding as on_______________
Sr. No. Name of the Debtor Bill No. Date Amount
Detail as per annexure
Attached

Total :

Declaration :

1. I/we solemnly declare that the quantity, quality and rates of stocks detailed above
hypothecated to the bank are true and the said stock is either my/our own absolute property or
that I/we have such an interest the same as entitles me/us, to hypothecate the same to the
Oriental Bank of Commerce in the full extent of the bank's advance to me/us against these
goods and that they are not subject to any lien, claim or charge or any sort on the strength of
the declaration of mine/ours, the advance has been taken by me/us.

2. I/we certify that the statement is true as per Stock Register and other Books of Account
maintained by me/us.
 3. In order to get the correctness of my/our statement, the bank is at full liberty to get the goods
verified/inspected in any manner and at our cost and I/we agree to accept the weightment
and/or valuation.

Signatures of the Barrower(s)

As at the close of business on -

Borrower's Name -

Plus (+) Book Debts (As per sanction) (d)

Minus Margin ( %)

Drawing Power

Sanctioned Limit

Drawals be restricted to sanctioned Limit or Drawing Power whichever is less

Loan Officer Branch Manager

Date of receipt______________

NOTE:
At the time of conducting stock verification the Branch officials should obtain stock statement (On this
format) of the immediate Previous working day and verify the same with the accounting books / records
maintained by the Borrower(s). In case of shortfall if any, noticed during inspection, the matter should
immediately be taken up with the borrower and the sanctioning authority.

Annexure (STM - 42 - B)

Applicable to borrowers enjoying fund based working capital limits

against Hypothecation of stocks and /or book debts above 10.00 Lac

Description of stock Where lying Quantity Rate Value

(Name of the item) (Address of (Please specify (' In Lacs)
the Godown) exact mode of
measurement)
As at the close of business on -

Borrower's Name -

Signatures of the Borrowers with rubber stamp

Date :

Place : GHAZIABAD

Annexure

Statement of Book Debts (other than bills discounted / negotiated by the Bank) oustanding

as on

Sr. No. Name of the Debtor Bill No. Date Amount