Tag Archives: Loan

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

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 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

Application for Loan from Company

Sample application for loan from company, office, factory or wherever you are working. Application to loan for marriage of daughter, son, home work, home maintenance and other work.

Application for Car Loan from Employer

The Solutions

USA

Respected Audit officer,

Sir my name is Michael and I work in the marketing department of your company. Sir I am writing this letter to make a kind request. Sir I am employee of this firm for 2 years now. I live at the opposite side of the city and I have to come through many buses to get to the office. Sir I am very punctual and I never get late, but in order to do so I have to get up very early in the morning and in the days when there is a lot of work at office I get home late at night so it becomes very difficult to cope with. I hereby request for a car loan of $122344. If granted, this would help me a lot and will make my life quite easy. Sir I tend to pay this loan by monthly deduction of $1223 from my salary.

I hope you will pay heed to my kind request.

Employee ID number #123444

Designation# Marketing Manager

Loan requested # $12234

I hope to hear good news from you.

Michael

Application for Loan from Salary with Installments

To

Mr. Kevin Roland

Managing Director

KKL Cements

Texas, USA

Sir, I am Leonard Smith and I am an employee at your company over half a decade now. I would like to request you to kindly provide me an advance loan of $2000. I need it on an urgent basis for some unavoidable situation. You can deduct $500 from my monthly salary or bonus in the upcoming months. I shall be very thankful to you.

Yours sincerely,

Leonard Smith

Workers’ association

Loan Application for Marriage of Daughter

To:

The Chief Executive

Medicam

Subject: Application for Loan

Respected Sir,

I am working as an office bearer in your firm. In these hard times it is very difficult for such a low ranking employee like me  to making both ends meet.

Actually I am going to marry off my daughter in July. Therefore I need some financial help for making dowry for her.

So I am requesting I should be provided a loan of $2000. I shall repay this loan by monthly installments.

I hope you will oblige me and consider my case on humanitarian grounds.

Yours Sincerely,

James

Application for Loan from Company
Application for Loan from Company

Loan Application Letter to Bank for Daughter Marriage

The Western Bank

Bulgaria

Respected Loan Manager

My name is Adam i requested for a loan previous month but there was no positive response from your bank. I am writing this letter to make a request for that loan. Sir my daughter marriage is next month and I am very short on money and i need this loan very badly. I vouch to return this loan as early as possible. I requested for a loan of $12345 and I was willing to pay that loan back in 10 installments. My application number was #123 and I applied for the loan one month ago. I hope this letter will draw your attention towards my application and I will receive the loan.

Hoping to hear good news from your bank

Application number#1234

Adam

Application For Student Loan Forgiveness

Sample application letter to apply for student loan forgiveness due to unemployment or further studies. You can also use below application for extension in loan payment date and period.

Request letter for Student Loan Forgiveness

Respected Sir,

I am a student of Chicago State University. My session is 2011 and I am currently enrolled under registration number 2011-EE-411 in Electrical Engineering Course. Respects sir, I joined this university after mutual agreement of an interest free student loan between me and the faculty of department. Therefore I am supposed to pay my all tuition fee in form of loan to the university after completing my graduation. Sir, I want to further pursue my studies in master’s degree work after completion of my graduation. Due to this I would not be able to do a proper job and in that way I would not be able to pay back the loan on which I agreed. Therefore you are requested to forgive and remit my loan so that I may continue my journey of knowledge.

I hope after reading the above problem, you will forgive my loan on which I agreed. I shall be thankful to you for this favor.

Yours truly

Apply for Student Loan Forgiveness

Respected Sir,

I am a student of University of Engineering and Technology since 2014. I was enrolled in a bachelor degree program in it. At the time of admission I was entitled a lone of equivalent to my tuition fee which I had to pay after completing my graduation. I have completed my degree, but I don’t have a proper employment right now. Due to this reason I am unable to payback my loan. I have been receiving letters and reminders from your university for many weeks and I am tired of this thing. Also the people employed in my field have a very less source of income due to which they are living hand to mouth. Respected sir, keeping in view my all the above mentioned problems you are requested to forgive my loan.

I hope that you will take my application under kind consideration and will forget my loan. I shall be very thankful to you for this favor.

Yours truly,

Amir Aslam

Application Letter by Student Loan Waived Off

Dear Sir,

It is stated that I am a student of BBA and I am studying in University of Lahore. My 2nd last semester is going to be started and I am not able to pay as much amount of loan. So, kindly waive off my student loan. I will be very grateful to you.

Regards,

Hamza

Application For Student Loan Forgiveness
Application For Student Loan Forgiveness

Sample Student Loan Forgiveness Letter in Mail

School Of Management

United States of America

Respected Dean of Students,

My name is Angelo and I have been studying in your institute for past 2 years now. It is stated with great respect that I was given a college loan to complete my College degree and I was supposed to return that loan with interest. I am writing this letter to let you know that my father passed away recently and he was the sole bread earner of our family. Now whole responsibility of my family is on my shoulders and I have to take care of all of them. It is a request that please Forgive me the student loan I took 2 years ago as I am in a very difficult situation and I need to work really hard to make both ends meet and with all this burden I will not be able to return the loan .

Please pay heed to my kind request

Angelo

Application for Salary Slip for Loan Purpose

Sample application letter to accounts for issuing salary slip to apply for bank loan and mention little more amount of gross salary to meet the bank requirements.

Salary Slip for Bank Loan

To,

The manager, Nestle UAE,

Respected sir,

With due respect I would like to ask for my salary slips for last 6 month as I want a loan from bank and I have to submit them as a proof, I need the loan on urgent basis because of my son’s visa fee so I request you to process my application as soon as possible. I shall be really thankful to you for this favor. Thanks

MR. Amir Nadeem, Media team, Nestle Miami

Salary Slip for Loan Purpose

Respected Sir,
With due respect, I want to say that I am an employ of HKS Marketing & Co. I am a 15th grade officer there and my salary is around $1500. My son has recently passed out from the college and he has successfully secured his admission in George Town University. His first tuition installment is of $8500. I can’t afford that much amount of money due to which I need to take a loan from the bank. In order to take a loan of $10000 from bank, a pay slip of $5000 is required. I request to you kindly issue me a pay slip of $5000 so that I may take loan from the bank in order to successfully carry out educational expenses of my son.
I hope that you will allow me to take the pay slip of prescribed amount in coming week keeping in view my problem. I shall be thankful to you for this favor.
Yours truly,

Inam Elani

Request of Salary Slip for Bank Loan

The Administrator,

London Fire Service,

United Kingdom,

Dear Sir,

APPLICATION FOR THE PROVISION OF SALARY SLIP FOR LOAN PURPOSE

I beg to state that I am working as a computer operator in esteemed London Fire Service. I have been a regular employee and also eligible to apply for bank loan. In this context, I need salary slip from account office.

You are requested to please enjoin the accounts officer to provide me latest salary slip of this month with verification of the department so that I could apply for bank loan as I need it on urgent basis.

Your cooperation shall be highly praised.

Jack Dotson,

Computer Operator.

Application For Salary Slip For Loan Purpose
Application For Salary Slip For Loan Purpose

Sample Application of Student Loan

Sample application letter for loan by students due to financial problems, father unemployment, loss of family member or any other reason. Sample application for educational loan, study loan, student loan from a bank on urgent basis.

Education Loan Request Letter Sample

Howard School of Sciences
United States of America

Respected Dean of student,

My name is Charlie and have recently completed my high school education. I was offered scholarships from many institutes but I chose Howard School of Sciences because of its amazing repute, faculty and quality of education but it was due to some other factor that I was not being able to receive a scholarship from the institute and I have to think of some other way. The only way for me to enter in Howard is by financing myself and that is not possible for me to bear that huge burden. I hereby request for financial aid or student loan, so that I will be able to get admission into Howard and pursue my dreams. I have attached my official transcript with this application and also the results of my SAT. I hope that I will be included among those lucky students who have the honor to sit in Howard School.

Waiting for your response anxiously
Charlie

Apply for College Student Loan

To,
The manager, MK bank, Miami

Respected sir,

With due respect,

I would like to tell you that I have got to know that you are providing study loans to students, sir I am applying for MBA but as you know it’s an expensive course and as I belong to a middle class family, I cannot submit my semester fee, my fee is 2000$ per semester. My financial details are attached with this form which includes my utility bills, my rental agreement, job letter, ID card.  Sir I request you to consider my request and provide me the study loan to support my studies. I shall be really thankful for this act of kindness, looking for a positive response from your end. Thanks

From,
Mr. ted Wilson, Miami

Application to Bank for Study Loan

Dear Credit Manager,

This application is to request a loan to meet my present educational needs. I am a day scholar at National Institute. To pay for my examination and lab fees I need to pay a lump sum amount of 200$ in the next month. To meet my present needs I work part time in a research institute and receive a 10$ a week. So to pay such a huge amount in lump sum is difficult. I request your bank to issue me I student loan of 200$ which I would return your bank within two months. I am ready to deposit any kind of security your bank needs. This would be great if all the procedures are done in a short period of time in order to pay my fees in due time.

Amna FaheemMBA Marketing (LSM)

Application for Student Loan

Respected Sir,
It is stated that I am a student of engineering at GC College. I want a student loan in order to continue my Master’s studies. I am a talented student and I currently lie among top 5 position holders of the department. My topic for Master’s research is “Light weight concrete bridge deck system”. If you will issue me the student loan then I can assure you that I can turn out to be valuable asset for your institution by conduction research in this modernized topic. As of now I cannot afford to pay for your institution due to some financial issues.
I hope keeping in view my above arguments you’ll be convinced and issue me the student loan. I shall be very obliged for this kind favor.
Yours truly,

Lopez

Student Loan Application for University

Respected Principal/Dean,
I want to say that I have secured my admission at University of British Columbia in Masters of Civil Engineering. I successfully completed my Bachelors in civil engineering with majors in structures. My passing percentage has been 95% in general. However due to some nationality issue I am unable to secure a scholarship for the masters at your university. Dear sir, as you know that the educational as well as living expenses are very huge in amount at this university and also I belong to a third world country due to which I would not be able to bear expenses of this university all by myself. I have been a brilliant student throughout my student career and I am very eager to study at University of British Columbia. Keeping in view my all the problems and hurdles, you are kindly requested to issue me a student loan so that I may continue my journey of knowledge.
I all full hope that you will allow finance department to grant me a student loan in order to bear my educational expenses. I shall be thankful to you for this favor.
Yours sincerely,

Urooj

Loan Application for College and School

Respected sir,

It is stated that I have recently got my name in FAST University. As from my records you can see that I have scored A+ both in my Metric and Intermediate education. And the thing is financial aid was given to me on the basis of my financial condition and educational record. Sir, I have keen interest in studying Computer Science from your university. As FAST University is very expensive so I request you to offer me student loan.

It shall be grateful to you for this favor. It will really help me in achieving my ambition.

Yours sincerely,
Nimra

Sample Application of Student Loan
Sample Application of Student Loan

Letter to Bank for a Loan to Have Higher Studies in USA

To
Mr. Kapil Sharma
Managing Director
Bank of India
Goa, India

Sir, I am Jayant Sharma and I recently completed my intermediate studies. I applied for higher studies in USA and with the blessings of my family; I got selected at Harvard University. However, the road to success is not paved with flowers. The lack of financial resources is hindering my way to the top. Also, this would become a huge burden on my parents’ shoulders. Therefore, I request you to kindly grant me a loan so that i can pursue my studies at one of the best universities of the World. Thank you for your consideration. I look forward to be hearing from you in the near future.

Yours sincerely,
Jayant Sharma
Tajpur town
Goa, India

Student Loan Statement Request

Respected Financial Department,

My name is Michael and I am a student in the engineering department and I want to bring this to your kind notice that I need a loan to complete my thesis and research on my subjects. Sir my transcript is attached with the application from there you can see that I am a very hardworking and intelligent student. Sir I am nearly to complete with my research and I do not want to back up now just because of the financial problems. That is why sir I am writing this application so as you could give me a loan to complete my studies and research, with interest free loan or with minimum interest rate for loan as possible.

I will be very thankful to you.
Michael

Application for Student Loan

To,
The Finance Manager,
XYZ University,
Lahore.

Dear Sir,

It is stated that I have successfully passed Intermediate exam with 75% marks. I am willing to complete my higher education and planning to start CA. Unfortunately, I cannot afford the costly education due to financial barriers. The estimated fee for my education is PKR 6, 00,000.

I want you to finance my education and provide a student loan. I shall be very grateful to you.

Yours sincerely,
siraj

Application for Student Loan

To,
The Bank Manager,

I informed you that I want to study abroad, I applied for admissions in different countries but i can’t took full scholarship for Masters in computer sciences. The scholarship which I was awarded is partial as the government award the tuitions fees only. My all other expenses like rent and residence is not included in scholarship and due to this reason i want you to give me loan on the behalf of my mother’s gold. I will return you as soon as possible. I will be very thankful for this favor.

Regards,

M Umar

Application for Educational Loan to Branch Manager

To,
The branch manager
HBL

Dear Sir,

I am an account holder in your bank from last five years. I have recently passed Masters in English from Punjab University. Now i am looking for MPhil in same subject and for further studies i need to submit a fee of 2 lacks per year. I request you to issue me a loan according to a special policy of bank for student account holders, so that i could submit my fee and continue my study. This loan could be deducted from my account in every month installment. I shall be highly thankful to you for your kind favor.

Ahsan Javed