February 19, 2024
Bank LettersPayment Letters

Request Letter to Bank for Payment of Third Installment

To,
The Manager,
__________ (Bank Name),
__________ (Branch Address)

Date: __/__/____ (Date),

Subject: Requesting deduction of the third installment

Dear Sir/ Madam,

This is to most humbly inform you that my name is _________ (Name) and I do hold a loan from your branch ________ (type of loan) bearing loan account number _________ (Account Number).

Respected, the mentioned loan was taken on __/__/____ (Date) and the installment deducts on __ (Date) of every month amounting (Installment Amount). But to the best of my knowledge, only two installments have been deducted from my bank account _________ (account number). The third installment was due on __/__/____ (Date) but has not yet been deducted from my account.

I ensure you that there is a sufficient balance available in my bank account. I request you kindly deduct the third installment from my bank account in order to prevent any possible penalties. I shall be highly thankful.

Thanking you,
_________ (Signature)
_________ (Your name),
_________ (Contact number)

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