United Bank of India-Empanelment of Stock and Receivable Auditors

By | March 20, 2018
(Last Updated On: March 20, 2018)

United Bank of India-Empanelment of Stock and Receivable Auditors

United Bank of India has invited application for empanelment of stock & receivable auditors for audit of inventories, trade receivables and trade creditors of its borrowers from the CA proprietorship/partnership firms fulfilling the prescribed criteria.

The last date for receiving application along with all supportive documents at any of nearest Regional Offices is 15.04.2018.

The application should be in sealed envelope with inscription ‘APPLICATION FOR EMPANELMENT OF STOCK & RECEIVABLE AUDITORS’ should be sent by hand/ordinary post/courier to

The Chief Regional Manager
United Bank of India,

(Address of Regional offices available in Bank’s Corporate Website)

Applications, which are not duly filled up and/ or lacking in required supportive documents, shall not be acknowledged and shall be treated as ‘NOT RECEIVED’. Application directly send at Head Office shall be also considered as NOT RECEIVED. Any application received after the above mentioned cut-off date shall not be considered for the process of empanelment.

The stock auditors presently empanelled with the Bank shall not require to apply and shall continue to remain on the panel till expiry of their 5-years tenor, unless delisted subsequent to their empanelment The selected stock auditors will be intimated through email/letter along with a copy of draft agreement to be executed. On execution of the Agreement the stock auditor shall be empanelled for five years, unless delisted by the Bank in the interim period for valid reasons. Rejection of applications shall also be intimated through email citing reasons.

The Bank’s decision on selection shall be final and no communication in that respect shall be entertained. Stock & Receivable Auditors thus empanelled may be awarded audit jobs by issuing Letter of Appointment  with Terms of Reference on case to case basis. All persons/firms intending to apply are requested to go through the appendix for eligibility criteria and other norms before application.

Download Format of Application and Terms and Conditions Click Here >>

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