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Letter To A Relative Asking For A Loan And Explaining Why You Need The Money

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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