Sample Letters, Letter Templates & Formats
Such a letter of undertaking for payment is written as an assurance from one party to another for making the full and final payment as promised. The payment mentioned can be a loan EMI, credit card bill or simply a payment for services/goods purchased. Letter of undertaking for payment must include the expected date of payment.
THINGS TO REMEMBER, WHILE WRITING A LETTER OF UNDERTAKING FOR PAYMENT:
OBJECTIVE:
The first and foremost objective for the Letter of undertaking for payment is to make a promise in writing for giving the outstanding amount in time. It also helps in showing one’s good intentions about making the payment in the given duration.
THE ABOVE SYNTAX CAN BE USED FOR MANY DIFFERENT LETTERS OF UNDERTAKING FOR PAYMENT. SOME OF THE EXAMPLES ARE GIVEN BELOW:
KEYWORD IDEAS: letter of undertaking to the bank
To, __________, __________ (Recipient’s details) Date: __/__/_____ (date) Subject: Undertaking letter for advance payment Respected Sir/ Madam, This letter is in reference to the advance payment of ______ (mention amount) processed on __/__/____ (mention date) in favor of ______ (mention company name). In this regard, we hereby undertake that the payment bearing order number ________ … Read more
To, The HR Manager, __________ (Company Name) __________ (Company Address) Date: __/__/_____ (Date) Subject: Undertaking for payment of travel and accommodation cost Sir/ Madam, I am ___________ (name) working in your company as ____________ (designation) having employee ID _________ (employee ID number) write this letter to undertake the following: As per company norms, I shall … Read more
To, __________, __________ (Recipient’s Details) Date: __/__/_____ (Date) Subject: Undertaking for outstanding payment Respected Sir/ Madam, I, _________ (your name) resident of _________ (address) writing this letter regarding the outstanding balance amount of __________ (amount) that needs to be paid and is due by __/__/____ (date). Respected, In this regard, I am providing the undertaking … Read more
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