When writing a request letter to your bank for increasing the EMI amount, it's essential to maintain a polite and clear tone. Clearly state your name, loan account number, the current EMI amount, and the desired increased EMI amount. Provide a reason for the increase, such as a salary raise or financial capability. Express gratitude for the bank's support.

Table of Contents:

Sample Letter to Bank for Increasing EMI Amount

The Manager,
_________ (Name),
_________ (Address)

Date: __/__/____ (Date)

Subject: Request for Increasing EMI Amount of __________ (Loan Account Number)

Respected Sir/ Madam,

My name is ____________ (Name) and I do carry a loan account in your bank having account number _________ (Account Number).

I took a loan of $ __________ (Amount) for _____________ (Purpose – Car Loan/ Education Loan – Mention Loan Purpose) and which was to be repaid in ____________ (Number of EMI’s). I want to increase the installment amount to _________ (Amount) due to __________ (Increase in Salary/ Financial Reason/ Personal reason) so as to reduce installments.

I shall be highly served for your kind support.

Thanking You,

_________ (Signature)
_________ (Name),
_________ (Address)

Live Editing Assistance

Live Preview

How to Use Live Assistant

The Live Assistant feature is represented by a real-time preview functionality. Here’s how to use it:

  • Start Typing: Enter your letter content in the "Letter Input" textarea.
  • Live Preview: As you type, the content of your letter will be displayed in the "Live Preview" section below the textarea. This feature converts newline characters in the textarea into <br> tags in HTML for better readability.

Additional Template Options

The letter writing editor allows you to start with predefined templates for drafting your letters:

  • Choose a Template: Click one of the template buttons ("Start with Sample Template 1", "Start with Sample Template 2", or "Start with Sample Template 3").
  • Auto-Fill Textarea: The chosen template's content will automatically fill the textarea, which you can then modify or use as is.

Download Options

Click the "Download Letter" button after composing your letter. This triggers a download of a file containing the content of your letter.

Share via Email

Click the "Share via Email" button after composing your letter. Your default email client will open a new message window with the subject "Sharing My Draft Letter" and the content of your letter in the body.

Share via WhatsApp

Click the "Share via WhatsApp" button after you've composed your letter. Your default browser will open a new tab prompting you to send the letter as a message to a contact on WhatsApp.

Copy to Clipboard

If you want to copy the text of your letter to the clipboard:

  • Copy to Clipboard: Click the "Copy to Clipboard" button after composing your letter.
  • Paste Anywhere: You can then paste the copied text anywhere you need, such as into another application or document.

For printing the letter directly from the browser:

  • Print Letter: Click the "Print Letter" button after composing your letter.
  • Print Preview: A new browser window will open showing your letter formatted for printing.
  • Print: Use the print dialog in the browser to complete printing.


  • Is it necessary to mention the purpose of the loan in the letter?
    • While not mandatory, mentioning the purpose of the loan can provide context and help the bank understand your financial situation better.
  • What should I do if I cannot afford the proposed increased EMI amount?
    • If you find it challenging to afford the proposed increased EMI amount, you may consider discussing alternative options with the bank, such as extending the loan tenure or exploring other repayment plans.
  • How long does it typically take for the bank to process the request for increasing the EMI amount?
    • The processing time may vary depending on the bank's policies and procedures. It's advisable to inquire about the expected timeline for implementing the change when submitting your request.
  • Will increasing the EMI amount affect the total interest paid over the loan tenure?
    • Yes, increasing the EMI amount typically reduces the total interest paid over the loan tenure as you repay the loan faster, resulting in lesser interest accumulation.
  • Can I revert to the original EMI amount after increasing it?
    • Depending on the bank's policies, you may be able to revert to the original EMI amount after increasing it. However, it's essential to clarify this aspect with the bank before proceeding with the request.

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