Letter to Bank for Increase Loan Amount – Sample Application to Bank for Increasing Home Loan Amount

To,
The Branch Manager,
_____________ (Bank Name),
_____________ (Address)

Date: __/__/____ (Date)

Subject: Request for increasing loan amount

Respected Sir/Madam,

I am a loan account holder in your branch for last __________ (Months/Years). I do carry a home loan in your branch. My account number is ___________ (Loan Account Number).

I would state that my name is __________ (Name) having a home loan of ________ (Amount) in your branch for which I am already paying installments timely. As per eligibility and scheme offered by you Bank I want to increase my sanctioned loan amount from __________ (Current Amount) to Rs. __________ (New Amount) for _____________(Construction/ Renovation/ Mention Reason). As per bank norms, I have no objections to get the property survey done once again.

I request you to kindly do the needful at the earliest. I am enclosing ______________ (Application Form – Mention) pertaining to above-said loan account.

Thanking You,
____________ (Signature)
____________ (Name),
____________ (Address)