Request Letter to Bank for Business Loan – Sample Letter Requesting Business Loan

When drafting a request letter to a bank for a business loan, it's crucial to maintain clarity and politeness while providing all necessary details about your business and loan requirements. Clearly state your name, company name, designation, and the purpose of the loan. Specify the desired loan amount, tenor, and any other relevant information. Express eagerness to learn about the loan application procedure, interest rates, and eligibility criteria.