When writing an undertaking letter for a loan, it's crucial to clearly state the purpose of the loan and any conditions associated with it. Politeness and clarity are key to ensure the document serves its purpose effectively without ambiguity.
Undertaking Letter Regarding Loan Agreement
To,
___________ (Manager)
___________ (Company Name /Bank Name)
___________ (Address)
Date: __________
Subject: Undertaking of Loan
Dear Sir/Madam,
I/We hereby undertake that I/We have taken a loan from ____________ (Company/ Bank details) for _______ (purpose of loan) and will not pay any unsecured loans taken from my /our relatives /family/friends during the tenure of loan taken from _______________ (Loan Company Name).
For ________________ (optional)
Borrower Signature
Borrower Name
Place: ____________
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