When writing a request letter for an EMI moratorium from a bank, it’s essential to be clear and polite. Start by introducing yourself and providing necessary information regarding the EMI and the reason for the moratorium. Make a clear request for the payment holiday, explain the reason in detail, and provide justification. Always thank the recipient for considering your request. Avoid unclear language and ensure all necessary information is included.

Sample Letter: Request Letter to Bank for EMI Moratorium

The Branch Manager,
___________ (Name of the Bank),
___________ (Branch Address),

Date: __/__/____ (Date)

Subject: Request for EMI Moratorium

Respected Sir/Madam,

With due respect, I am _____________ (name), holding an account with your bank under the account number ____________ (mention account number). I have availed a ___________ (home/car/personal/education/business/other) loan from your bank, and my loan account number is _____________ (mention loan account number).

I am writing this letter to request a moratorium on my EMI payments for the duration of ___________ (mention duration), starting from __/__/____ (start date) to __/__/____ (end date). The reason for this request is ___________ (personal/financial/health-related/family emergency/business loss/other) due to ___________ (job loss/unemployment/medical emergency/other specific reason) which began on __/__/____ (date when the issue started). This situation is expected to continue for ___________ (expected duration of the issue).

Attached herewith are the required documents, including ___________ (supporting documents like medical reports, job termination letter, etc.), to support my request. My current financial status is ___________ (current financial status), and I have made ___________ (any alternative arrangements made). Details of my dependents, if applicable, are ___________ (details of dependents if applicable).

I assure you that I will resume my EMI payments as per the schedule once the moratorium period ends. I have not made any previous moratorium requests, and my future payment plan post-moratorium is ___________ (future payment plan post-moratorium).

Thank you for considering my request. I shall be highly obliged for your kind assistance in this matter. If you need any further information or wish to discuss this further, please contact me at __________ (contact details).

Yours faithfully/sincerely,
___________ (Name)
___________ (Contact Number)
___________ (Address