When drafting a request letter for a loan account statement, it's essential to maintain clarity and courtesy throughout the letter. Clearly state your intention to request the statement, provide necessary account details, specify the period for which the statement is needed, and state the reason for the request. Express appreciation for their assistance and authorize any applicable charges for statement issuance.

Table of Contents:

Application for issuance of Loan Account Statement

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

Date: __/__/____ (Date)

Subject: Application for issuance of Loan Account Statement from ________ to _________ (date)

Respected Sir / madam,

I, ___________(Name) hold a ____________ (type of loan account) account in your bank bearing account number _______. I am writing this letter to request you to kindly issue me Loan account statement of my ________ (type of loan account) account number _______ (account number) from __/__/_____ to __/__/____ (date) or till date. I want my loan statement for __________ (income tax/concilation/audit/personal/any other reason).

I request you to kindly issue the loan statement at the earliest. I am authorizing to debit charges from the account for statement issuance (if any).

Yours truly,

__________(Signature)
_________ (Name)
_________ (Customer ID)
_________ (Account number)
_________ (Contact Number)

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FAQs

  1. What details should be included in a request for a loan account statement?
    • A request for a loan account statement should include your name, account number, the period for which the statement is needed, and the reason for the request.
  2. How can I authorize charges for statement issuance in the letter?
    • You can explicitly state in the letter that you authorize any applicable charges for statement issuance to be debited from your account.
  3. Is it necessary to specify the reason for requesting the loan statement?
    • While it's not mandatory, specifying the reason for the request can help the bank understand the urgency or importance of providing the statement.
  4. What documents may be required to accompany the request for a loan account statement?
    • Depending on the bank's policies, additional documents such as identification proof may be required. However, for a basic request, usually, no additional documents are needed.
  5. How long does it take for the bank to provide the requested loan account statement?
    • The time taken to provide the loan account statement may vary depending on the bank's procedures and workload. It's advisable to inquire with the bank for an estimated timeframe.

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