When writing a letter of undertaking for a car loan, it's important to be clear and polite. Make sure to include all necessary details like the loan amount, application number, and your commitment to repay the loan. Avoid unclear language and ensure you provide complete information to avoid any misunderstandings.
Sample Undertaking Letter for Car Loan
From,
___________ (Name)
___________ (Address)
Date: __/__/____ (Date)
To,
The Branch Manager
___________ (Name of the company)
___________ (Address)
Subject: Undertaking of a car loan
Dear Sir/Madam,
With due respect, my name is ___________(name) and I have applied for a car loan in your bank and my loan has been approved bearing loan application number _____________(mention loan application number).
I hereby undertake that, I have taken a loan of __________ (mention amount) from the ___________ (name of the bank/company) having loan account number ____________(mention number). I assure you that I will repay the EMI/amount within the time duration, as per the terms and conditions mentioned in the documents.
In case of any queries, feel free to contact me at ____________ (mention contact details).
Thanking you,
__________ (Signature)
__________ (Name)
__________ (Contact Number)
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Deepanshu Thakral