When writing an acknowledgment letter for a loan payment, clarity and politeness are key. It's important to clearly state the amount received, the borrower's name, loan account number, and the date the loan was taken. Express gratitude for the payment and provide information on when the payment will be reflected in the borrower's account. Avoid vague language and ensure all necessary details are included to avoid confusion.
Sample Letter for Acknowledgement of Loan Payment
From,
The Manager,
__________ (Company Name),
__________ (Address)
Date: __/__/____ (Date),
Subject: Acknowledgement of loan payment
Dear Sir/ Madam,
This is to inform you that we have received ______ (amount) in the name of _________ (Name) in reference to the loan ________ (loan account number) which was taken on __/__/____ (date).
We have received the above-mentioned amount and the same would be reflected in your account statement in ______ (mention duration) days.
In case, you have any queries, you may contact me at _______ (Mention Contact Number).
Thanking you,
_________ (Signature)
_________ (Your name),
_________ (Contact number)
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