When writing a letter requesting not to deduct a loan installment from your salary account, it's important to be clear and polite. Provide all necessary details such as your name, account information, loan details, and the reason for your request. Clearly state your preferred payment method and provide details of the alternate bank account. Express gratitude for their attention and cooperation.
Sample Letter Not to Deduct Loan from Salary Account
To,
The Branch Manager,
_________ (Branch’s name),
_________ (Branch’s address)
Date: __/__/____(Date)
Subject: Request to not deduct loan from Salary Account
Respected Sir/Madam,
My name is _______ (name) and I am a ________ (type of bank account) account holder in your bank of ________ (Branch name). I am availing the facility of ________ (Loan Type) under the name of ________(Account name) and the account number is ________ (account no.).
I would like to inform you that I have taken a loan ______________ (mention amount) from your bank under which I am supposed to pay a monthly installment of Rupees ________ (mention amount). I write this letter to request you to not deduct the loan amount from my _______ (salary account number) as the stated account is set as the default payment method. The reason behind the same is ________________ (mention reason). I request you to kindly deduct the installments from the bank account mentioned below.
The following are the details of my bank account:
Loan Account Number: ________
Name: _________
Account Number: __________
Branch Name: __________
IFSC Code: __________
I shall be highly obliged for your kind response in this regard. Thank you for your kind attention.
Yours sincerely,
________ (Signature),
________ (Name),
________ (Contact number)
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Deepanshu Thakral