When writing a letter to a relative asking for a loan and explaining the reasons for needing the money, it's essential to maintain a polite and clear tone. Clearly explain the purpose of the loan, such as financing education abroad, and provide details on the amount needed and the repayment plan. Seek advice and guidance from the relative regarding the loan options and any additional procedures involved.
Request Letter for Advice on Study Loan and Course Selection
Date: __ /__ / ____ (Date)
From,
___________ (Name),
___________ (Address)
Dear ___________ (Name),
I hope everything is fine there, everything is fine here. Even I am doing great.
I am writing this letter to take an opinion from you regarding a loan. I want to take a study loan. You know very well that I am planning to study abroad. And since you are already there, I thought you would be the best one to ask regarding the loans. Since I am still left to choose my course, I have doubts regarding the same. If I take a two-year course, it would cost me around 22 to 30 Lakhs in INR, and if I plan for a year course it will cost me around 15 Lakhs.
So, obviously, I have to take some loans. I am planning to take a loan for both ways. I wanted your opinion on the loan and the subjects as well. Which is the best way to go for either loan? And I also want to know, how much time would it take? What are the internal procedures I must follow regarding the loans other than the paper works?
Do let me know all your viewpoints and what should I know regarding the procedures and the courses. Write back to me, I will be waiting.
Yours ____________ (Lovingly/Truly),
_____________ (Name),
_____________ (Signature)
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Deepanshu Thakral