Writing an effective letter to request a top-up loan from a bank requires clarity and politeness. Ensure you include essential details such as your loan account number, the purpose of the loan, and the amount needed. Avoid unclear language and be concise in your request. Remember to express gratitude for their assistance and willingness to comply with formalities.
Sample Letter to Bank Manager for Loan
To,
The Manager,
___________ (Bank Name),
___________ (Address)
Date: __/__/____ (Date)
Subject: Requesting a top-up loan
Respected Sir/Madam,
I am __________ (Name), a resident of _________ (Location). I have a loan account in your bank and my account number is _________ (Loan Account Number).
I am writing this letter to request a top-up loan on _______ (loan details) from your bank. On __/__/____ (Date), I took a _______ (business / home/personal) loan of ____________ (Amount) from your bank and which was to be repaid in __________ (Months- Installments). I am planning to do _______ (business expansion/construction/personal reason/any other) and for which I am in need of a top-up loan. I request you kindly issue a top-up loan in my name. I am ready to proceed with all the formalities.
I request you to kindly help me by doing needful. I shall be highly obliged for your kind support.
Thanking You,
Yours Truly,
__________ (Signature)
__________ (Name),
__________ (Address)
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