Tag Archives: Loan

Requesting for Loan from Bank by Builder

Sample progress payment request letter. Progress payments in construction. Final loan payment to builder

Request for Construction Loan

The Manager,
ABC Bank.

Dear Sir,

I hope this letter finds you in the best of health and spirits. I am the Chief finance officer of XYZ Builders. We are currently completing many construction projects at the same time due to which we are facing liquidity problems. To sort them out, we have decided to take a loan and after surveying the market we have decided to contact you to extend your support in funding our projects. We require a sum of Rs. 5 million from your bank. We are highly confident that we will be able to repay it upon the completion of our projects which is estimated to be 6 months.

Do let us know about your consent so that we may negotiate further.

Thank you.
Regards:

Mr. A
Chief Finance Officer.
XYZ Builders.

Requesting for Loan from Bank

Dear bank manager,

I am writing to you because I would like to apply for a bank loan. I am a builder and I have just started up my own building company. I would like to get money so that I can upgrade my current equipment and some new tools and can get the job done more efficiently. I have always paid back all of my loans or payments installments on time without missing any one payment. I have a good job that pays well whenever I can get a good building contract. I look forward to hearing back from you.

Kind regards,

Mr. Henry Solomon

Letter to Bank for Loan Installment

Sample letter to bank for loan installments. Request letter to bank manager for loan payment. Letter to bank manager for loan settlement. Letter to bank manager for repayment of loan.

Email Letter for Bank Loan Installment

To
The manager,
—- Bank, white bridge branch.

Dear Sir,

Subject:  Request To Pay the Loan in Easy Installments

My name is ABC and i have an account in this branch for many years. My account number is xxxxxxxxx. I have got a loan sum of 000000 from your bank and i want to pay back in installments. I am a regular client of your bank and use this account efficiently. I have a clear record and i never misuse it anyway.

Sir, i cannot pay it all once so i need to pay it in easy installments. Please do me a favor and consider this letter as your priority. I can pay xxx per month so please make and manage the installments according to it. I shall be thankful to you.

Best regards,

XXX

Letter to Bank Manager for Loan Installment

The Western Bank

Bulgaria

Respected Loan Manager,

With all due respect it is stated that I am Angelo and I requested for a loan previous month. The returning date of the loan is very near and I am not being able to collect whole of the money. So, I am writing this to request for a Loan installment. That will make my life a lot easier as I am the only bread earner in my family and I have to work really hard to make both ends meet and I would be really grateful if you allow me to pay my loan in installments.

Waiting for your positive response.

Thank you

Angelo

Application for Loan for Renovation of House

Sample application letter for loan to renovate the home from office, bank, factory, small loan schemes etc.

Application for Loan for Renovation of House

To
Mr. Jay Rodriguez
Branch Manager
Barclays
London, UK

Sir, with due respect I have to state that I have recently returned to London after working in Qatar for over a decade. I am currently staying with staff at company but I would like to shift to the house I inherited after my parents passed away. However, it is not in a good condition. For that purpose, I would like to apply for load to renovate my house so I could live in it again as soon as possible. Thank you for your consideration.

Yours sincerely,

Frank Lampard
Cleaner, UTE Co.

Loan for Renovation of House

Mr. Albert,
Public Relations Manager
XYZ Bank, Florida.

Dear Sir,

Hope that you will be fine. I am account holder in your bank for last 5 years. I have come to know about the loan scheme inaugurated by your bank which is based on small loans against low mark up for building homes. According to the bank policy, the requirement for loan is that one must have a salary account in your bank and the account must be activated three years before the advertisement.

I have decided to renovate my house this summer so I think this new scheme would be beneficent for me. As per the requirements I am an account holder in your bank for 5 years and my account is also salary account which makes me capable of applying for loan. Moreover I am also submitting papers of two guarantors in this respect.

It is requested that kindly accept my application for loan and allow me to start the procedure in this respect. I shall be grateful to you for this favor.

Yours sincerely

ABC

Thank You Letter to Bank for Loan Approval

Thanks letter to bank manager for loan sanction. Thank you letter for giving loan. Thanks letter to bank manager for sanctioning loan.
Thanks letter to bank manager for helping.

Thank You Letter to Loan Officer

The manager

Bank of Punjab

Respected sir:

It is respectfully stated that I am writing to thank you for loan approval as I received a letter from your bank yesterday.

With the help of loan I will have able to open my business because I need money to start business. Initially my group members received money from their sources but it was very small amount for us to start business. Business is about to start a company of information technology which able to repair parts of computers and mobiles directly from franchise without going to a shop for repair.

We will able to provide our customer very good services and satisfaction

Your truly

M.Fakhar Hayat

Thank You Letter to Bank for Loan Approval

Mr. James,
Public Relations Manager,
ABC Bank,
California, USA.

Dear Sir,

I am very thankful to you for your favor that you showed by accepting my application for loan and your bank has approved my loan. I was in great need of money as I had to renovate my home before this winter. I must appreciate that your bank has a speedy procedure for loan approval and every step is taken on merit.

Please accept my regards and thanks for your favor once again. I shall always remember your kindness.

Yours Sincerely,

ABC

Thank You Letter for Loan Money

The Western Bank
USA

Respected Loan Manager,

I am Marsh and I applied for a student loan last month and my application number was #12345. I received a letter this morning which clearly states that loan application has been accepted. I cannot thank you enough for this.

I am very fond of studying and finance was the only thing that was in my way to get higher education. Now I will be able to get admission into a reputable university and continue my education. I cannot thank you enough for accepting my application. I hope to return this loan as soon as I complete my education.

Marsh

Thank You Letter for Loan Approval

To Manager,
Huston Bank, USA

Few months back I asked for loan from bank. I was waiting since then and almost lost hope for approval. But recently it was approved and I am so thankful to bank for the approval of loan that I asked.

Thank You so much

Regards,

Barbara Page

Loan Cancellation Letter Sample

Sample application letter to bank to request for cancellation of loan for which you applied earlier. During the loan approval process the applicant may cancel the loan request due to any reason personal or business.

Application for Loan Cancellation

The Supreme Bank
United States of America

Respected Loan Manager,

My name is Smith and last week I submitted an application for a loan. I am writing this letter to take it to your kind notice that I do not need that loan anymore. I will be very thankful to you if you cancel my application.

Thank you

Smith

Application for Loan Cancellation

To,
The Branch Manager,
XYZ Bank Limited,
Faisal Town Branch,
Lahore.

Dear Sir,

It is to inform you that I applied for a loan for my own business as I had to buy stocks of a reputed company in Pakistan Stock Exchange.  Since I have arranged the amount, I request your bank to please cancel the loan proceedings.

I hope you will consider my request. Looking forward to your response

Thanks.

A/C # 123456789

Home Loan Cancellation Letter

Respected Bank Manager,

Three months back I applied for the home loan from your bank and your operations manager told me that it will take six months for the approval of loan. Now my financial situation is not in a good shape to bear the burden of home loan. So it is my humble request to cancel my loan process as soon as you receive my letter.

Regards

Fazal

Loan Cancellation Letter From Bank

Sir,

It is to inform you that the loan for which you applied have been cancelled immediately. The government has changed her policy in connection with sanctioning of loans. It is regretted And you are advised to apply till the further policy. Otherwise, the bank is at your beck and call.

Yours sincerely,
XYZ

Loan Cancellation Letter

To,
Mr XYZ.

With all due respect it is stated that your request for a loan from the bank has been cancelled because of the limitations in your bank account. Your bank account is not old enough for us to grant you a loan.

We are sorry for any inconvenience and wish you best of luck.

Thanking you,
XYZ

Letter For Student Loan Waived Off

Sample application letter for reimbursement of student loan, educational loan, study loan to college or university.

Letter for Student Loan Waiving Request

To,

Mr. Russo,

Principle,

Respected sir,

I was a student in this institute from 2012-2014 and studied the year 2014 on loan due to financial crisis. I have received a letter of warning because I have not paid the last installment of the loan. My financial condition is not improved and I have already got admission in an institute for further studies. I would be unable to pay you back the loan I took during that period. I am requesting you to please waived off the remaining loan so that I can continue my higher studies without any financial pressure. I am very grateful for what you have done for me when I needed the most. Right now, I am facing these challenges again and fully faithful to get help from you. My loan tracking ID number was 12345 and I have attached all the other documents along with this letter.

I will be very thankful to you.

Regards,

Alina

Letter to Student Loan Waived Off

Respected Madam,

This is to inform you that your liability to pay your outstanding loan had been waived. You took a loan of 200 $ from our institute to facilitate your studies. You were liable to pay it after six months, but due to your outstanding performance in your annual examination our committee had decided to waive your loan. We hope you would carry on your efforts and become a successful person.

Sincerely,

Hamza

Letter For Student Loan Waiving Request
Letter For Student Loan Waiving Request

Advance Loan Letter to Manager for My Son Medical Treatment

Sample application letter for loan for the medical treatment, surgery, medicines, hospital fees, doctor fees etc.

Advance Salary Loan Letter to Manager for Medical Treatment

To,

The manager

Dear Sir,

With due reverence, it is stated that my son has fallen seriously ill and I need money for his treatment. As for now I do not have enough to pay the medical dues of his treatment.

Therefore, I request you to please grant me an advance loan for medical treatment of my son. I shall return it to you on very next salary I get.

I hope you will understand my situation and grant me a favor. I shall be very thankful to you.

Regards,

James

Advance Loan Letter to Manager for My Son Medical Treatment

The Manager

Pakistan Automations Pvt. Ltd

Gulberg III Lahore

Respected Sir,

I Usman Ghani , is writing to you in interest of my younger son who is being admitted in the school in first grade by the end of this week. As that is mandatory requirement for his admission to the new school. So I request you for the issuance of loan from the company for the medical  checkup of my son. Kindly ensure the reinforcement in the finance department for loan approval. I shall be very thankful to you.

Thank you

Usman Ghani

Management Associate

Emplyee ID: 2432

Advance Loan Letter to Bank Manager for My Son Medical Treatment

To

Mr. Thorpe Klavan

Managing Director

Bacon and Spice restaurant

California, USA

Sir, I am Fred Gorgel and I am an employee at your famous restaurant for the last 5 years. I am the Head Chef at this restaurant and I am very pleased with the respect I am given by the staff. Last week, I was informed that my son collapsed at school. I rushed to the hospital and found out that he is suffering from lung cancer. I was devastated to see my young kid go through such pain at a very young age. I have fully paid all the dues for his treatment at the hospital. The doctor recently informed me about the surgery that my son has to undergo in the coming few days which costs about $6000. I do not have any money left as I have been paying the dues with my savings already. Therefore, I request you to provide me a loan of $6000 for my son’s medical treatment. I promise to pay back all the money by working overtime or by any other means. Thank you

Fred Gorgel

Head Chef

Application for Business Loan to Bank Manager

Sample application letter to bank manager for getting business loan to start your business, extend your business, new business unit, new shop, purchase of shop, loan for purchase of property, raw material etc. Application Funds from any financial institution to support my poultry business.

Application Letter for Business Loan

Kind Attn: Dear Honorable Bank Manager,

Subject: Loan Application
Have nice day, Hope you are well and doing good.

Sir, as we want to initiate the business of Textile and I need some funds to establish this business. We have 15 years’ experience in textile and have well understanding for this business. We have just shortage of finance that’s why unable to run this business.

So, it is requested to you to grant me some loan from your bank. So that we can start the business with laon. We will pay this loan as per your required policies.

Hope you will coordinate and help in this regards

Thanks and Best Regards
M. Asif

Application for Bank Loan for Shop

The Branch Manager,

Standard Bank, Mumbai.

Subject: Letter for Business Loan

I am indeed pleased to mention here that your bank and I have a strong relation for past twenty years, being an account holder in this bank. When I started my first job, I paid the visit of your branch and got the account opened. Since then, I am making all transactions and other works from this branch of Standard Bank.

Now, it is to inform you that I have left the job and intend to start my own business in shape of a garments shop. In order to run this new business of garments, I need loan of 1 million rupees at least.

In this regard, if possible then direct your agent to visit the place/ shop which I am going to hire and brief me the terms and conditions of the loan and also apprise me of all mandatory documents to provide.

I look forward to hear from you.

With regards,

Sunil Shanty

Application for Business Loan to Bank Manager
Application for Business Loan to Bank Manager

Application for Commercial Loan for Office Building

To

The Manager,

XYZ bank.

Respected Manager,

This is Aysha Yasir, I have many account in your branch and now want to seek one help from you people and want to get information regarding loans. I am interested in making my own office building for which I need to take loan from your organization. I have made so many customers for your bank and now hope that you will grant me the desired loan.

Hope that you respond me back as soon as possible.

Your Sincerely,

Aysha Yasir

Application for Small Loan for Poultry Business

To,

The Manager,

Sahara Financial Services,

Bank Road,

Sharjah.

Dear Sir,

As discussed, over the phone with you followed by a meeting with one of your team member, I have decided to apply for a loan from your company to support my existing poultry business.

Kindly note that I’ve been in the same industry since a decade and leading a well reputed company in the market. So I would expect a considerable flexibility in the repayment of the loaned amount.

Initially I would like to apply for AED 150,000/- with the interest rate of 4.50/annum.

I have attached all the relevant documents with my application and would be expecting to hear from you at the soonest because this amount is to be used to purchase livestock where the current prices are quite attractive so the delay may not allow me to get the benefit from the lowest rates.

Please do let me know if you any need any other document to expedite the process.

Thanks.

Best Regards,

Sultan Shaikh

Letter to Bank for Home Loan

Sample application letter to request home loan from the bank for construction, purchase of land or maintenance of home etc.

Letter to Bank Manager Asking for Home Loan

The Manager
Standard Chartered Bank
London

Dear Sir,

Recently I heard that your bank is giving home loan to those who cannot afford to buy home on their own. I am a teacher in local college and with my salary I can only meet up necessary needs. I bought some land a few years back in London, but could not build house on it due to lack of funds.  I want to apply for home loan of at least $20,0000/-. I have very secured job and I am sure that I would return the loan as per your conditions. Besides, I can fulfill all the terms and conditions described in bank documents. Kindly grant me this loan so I could build my dream home. I will always appreciate you and your organization for this service. I look forward to your reply and approval of my loan application.

Best Regards,

Robert Milton
From London U.K

Letter to Bank for Home Loan

Silk Bank,

Respected Bank,

With utmost respect, I want to request a loan from your bank of $50,000. This loan is specifically for the purchase of a family home. For the loan security I would like to offer my car to your bank. I shall be highly obliged if I am able to achieve the loan as I fulfill all the requirements of a mortgagor.

Yours Respectfully,

Ellie Robinson

Application for Home Loan to Bank Manager

To
Mr. Kevin Gash
Branch Manager
Standard Chartered
California, USA

Sir, I recently heard about the home loan policy that your bank has initiated. I am quite happy to be a client of a bank that makes the life of people easy by such offers. As you might be aware of the fact that I have been serving in the US Military and I was posted at a different country for a specific purpose. However, I have just returned to my hometown after being retired from the force and hope to settle down here. For that purpose, I would like to request you to grant me a loan for a specific amount of money so that I can pursue my dream of having a house in the city that I love. I agree to pay all the installments before the given date with interest. I shall be very thankful to you.

George Best

California, USA

Letter to Bank for Home Loan
Letter to Bank for Home Loan

Letter to Bank Manager Asking for Home Loan

To,
Mr. Steve Jobs,
Branch Manager,
Standard Chartered Bank,

Respected sir,

I hope this letter finds you in the best of your health. I am planning to buy a home but would not be able to pay the whole money at once. I am doing a full time job in a reputed company as permanent employee and all of my payment affairs have been done through your bank. I am requesting you to please grant me loan so that I can easily buy the home.

My family and I would be very grateful to you for helping us in this. Your bank has always been proven the best for us and hopes it will continue its tradition.

Thank you!

Regards,

Harry Potter,
Account # 12345678990

Letter to bank for monetary loan

The General Manager,
Bank of Mumbai
May 11,

Respected Sir,

I wish to apply for monetary loan from the bank to accomplish some important tasks. As you have best knowledge among all of us, I have been working as junior accountant for the bank of Glasgow since 0000. I have always tried my best to complete all assigned works from senior management and perform duties diligently and honestly. As soon as I would be able to return this loan, I would do it in first priority.

You are requested to please give approval for the monetary loan of Rs: 0000 from the bank.

I shall be highly thankful to you.

XYZ, Junior accountant

Loan Rejection Letter from Bank

Sample letter to client for rejection of loan request application letter from bank. Letter to inform client that loan request has been rejected and objections.

Loan Rejection Letter from Bank

Mr. Jack Hemingway,

0000 Satellite Town, London.

October 24.

Dear Sir,

REJECTION OF REQUEST FOR LOAN

It gives us a pain to apprise you that your request for the loan of 5 Million dollars has been rejected by the board of directors of our bank. The main reason for this rejection was found to be the short amount of salary you are earning, being a job holder in a government service. As you have no source of income other than this job and the bank has strong reservations over your way of returning this huge amount of loan.

Anyhow, we would always be available to serve you in other matters.

Hoping to serve you in a better way.

Manager Operations,

Standard Bank, Wales

Loan Rejection Letter to Customer

Hamza

House no XX, Street X, Dual Street, New Town

Mall Square,  Malay 45600

Subject: LETTER FOR REJECTION OF LOAN REQUEST

Respected Customer,

This letter is to notify you about the rejection of your loan request that you submitted at Celibry Bank Pvt. Ltd.  Unfortunately, You were failed to fulfill the criteria that is must for the loan approval at our bank or the credentials and assets that you provided failed to be verified by our verification team. Thanks for showing interest in our loan scheme.

You may contact the concerned branch for further queries if any.

Loan Department

Celibry Bank

Malay