To,
The Manager,
__________ (Bank Name),
__________ (Branch Address)
Date: __/__/____ (Date)
Subject: Increasing loan amount
Sir/ Madam,
My name is _________ (Name) and I hold a home loan from your bank with a loan amount of _________ (Amount). The loan account number is _______ (loan account number).
The loan was sanctioned on __/__/_____ (date) with a tenor of ______ (Months/ Years) ______ (Number of installments). As per the sanction letter, I am eligible for a loan amount of ______ (amount) but I opted for ________ (amount) initially. I am writing this letter to request you for increasing my loan amount from ______ (amount) to _______ (required amount). I am ready to proceed through all required formalities.
Kindly consider this as a genuine request. I shall be highly obliged for your quick and kind support.
Thanking you,
_________ (Signature)
_________ (Your name),
_________ (Contact number)
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