When drafting a letter to request the conversion of a credit card transaction to EMI, it's crucial to maintain clarity and politeness. Clearly state your name, credit card details, and the transaction details. Politely request the conversion of the transaction into EMI and inquire about other EMI options available. Express your willingness to understand the process and initiate the procedure before the payment date.
Sample Request Letter to Bank for Converting Credit Transaction to EMI
To,
The Branch Manager,
___________ (Bank Address)
Date: __/__/____ (Date)
Subject: Request for converting credit transaction to EMI
Respected Sir/Madam,
With due respect, I am ________ (your name) holding a credit card _____ (credit card details) with your bank _______(bank name).
I have been using a credit card _______ (name of the credit card) which has a credit limit of _______ (credit limit). I would like to inform you that I have made a transaction dated __/__/____ (date) amounting to ________ (amount) and as per the transaction amount is eligible for EMI conversion. In this regard, I hereby request you to kindly convert the above-said transaction into EMI for ____ (no. of months) months and I would be delighted to know about other EMI options available to pay out the dues, if available.
Therefore, I request you to please help me understand the process and initiate the procedure before my payment date.
Looking forward to your reply.
Thanks and Regards,
__________ (Signature)
__________ (Your name)
___________(Contact Details)
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