Sample Letter for Repayment of Loan Installments to bank. Loan is easy to take, but hard to pay, is a famous proverb and rightly fit in to the lives of the people who take bank loans. Payment of loan is easier now because of the installments! These installments are flexible and feasible in approach and rightly fulfill the needs of the in debtor. This format can be used by the persons who wish to put forward the request for the repayment of the loan in installments to the bank.
Sample Letter for Repayment of Loan Installments to Bank
Human Resource Department, Visa Section,
California, United State of America.
Subject: Requesting repayment of loan installments to bank from
Greetings! How are you sir? I hope you will be satisfied in your life and may you always be. It is to state with due reverence that I am Mr. Martin Bede. I am a science teacher in the local body school. I came from a very humble family and being the eldest of my kin, I dream to see my kin happy and healthy wealthy. For that purpose, I had decided to make a home of my own where my family can reside and taken the loan of $60000 from this well-reputed bank. As you know that teachers do not earn much and it is really very difficult for them to pay the debt or loan in full and at first hand cash, so is the case with me. I want to repay the loan in easy installments of three years and for this I need your cooperation. Kindly devise an easy installment plan for me and make me grateful to you for this kind and generous act.
Mr. Martin Bede,
5th January, 2019.