To,
The Branch Manager,
_________ (name of the bank),
_________ (branch address)
Date: __/__/_____ (date)
Subject: Request for Next Installment
Respected Sir/Madam,
My name is ___________ (name), and I am writing this letter with due respect to request the release of the next installment amount for the education loan that I am availing from your bank under the loan account number _________ (loan account number). I am a student of __________ (mention school/ college/ university name).
I am pleased to inform you that the previous loan amount has been utilized and settled successfully. As I continue my education, I am in need of the next installment to support my ongoing academic expenses.
I kindly request you to take quick action. I shall be highly obliged for your kind response. If you have any queries, please contact me at __________ (mention contact number).
Thanking you,
Sincerely,
_________ (Signature),
_________ (Your name),
_________ (Loan account number)
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