When writing a consent letter for a loan application, clarity and politeness are key. It's important to clearly state consent for the loan application and address any potential liabilities, such as repayment obligations. Omitting necessary details or using unclear language can lead to misunderstandings. Politeness and a cooperative tone help convey sincerity and willingness to cooperate.
Sample Consent letter for loan
To,
The Manager,
__________ (Bank),
__________ (Address)
Date: __/__/____ (Date)
Subject: Consent letter for loan
Respected Sir/Madam,
I _________ (Name), __________ (wife of/ husband of) ____________ (Husband’s Name/ Wife’s Name) do hereby consent that it is to my knowledge that my _______ (husband / wife) has applied for a loan of $ _______ (Amounting) from your _________ (Bank/ Department).
I give consent and ensure that I have no objection to the above-said request. In case, my spouse fails to repay the loan amount I shall be held liable for the repayment of the loan amount. Should you have any queries, you may contact me at _____________ (Contact Number), ___________@_____.___ (Email ID).
Thanking you,
Yours Truly/Faithfully,
____________ (Signature)
____________ (Name)
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Rahul Sharma