Tag Archives: Bank Loan

Sample Request Letter to Bank for Reducing Interest Rate

These are sample easy formats for bank to reduce interest rat on different reason. Everyone can use these formats according to need. Necessary changes can be done.

Sample Request Letter to Bank for Reducing Interest Rate

To,
Mr. Manager,
Atom and Sundry Bank System,
Texas, United State of America.

Subject: Requesting the bank for reducing interest rate on housing loan

Respected Sir,

It is to state with much care and respect that I am Mr.Lorre Layman and I am here with a purpose. I have an account here in this branch and two years ago, I had applied for the home finance loan. The amount was $7000 on interest ratio of 5 % that was agreed upon by both the parties, but yesterday the cashier asked me to pay the extra 5 % as bank had increased the interest rate from 5 to 10 %! I am a salaried person and it is nearly impossible for me to pay this much amount in ratio to interest. Kindly reduce the interest rate and make me thankful.Thank you and looking forward for a kind action.

Yours Sincerely,
Mr. Lorre Layman,
10th September, 2019.

Request to the Bank for Reduce Interest Rate on Overall Plans

To,

Mr. Regional Head,
Amen and Sundry Bank System,
Texas, United State of America.

Subject: Requesting for reducing interest rate on overall plans

Respected Sir,

It is to state with much reverence that I am Mr. Martin Layman. I was the banker myself few years ago, now I am a retired buddy and trying to open up my own private banking system. My effort of trying the bank was successful and just for two reasons. The reasons are:
provision of flexibility in paying the loan and reducing the interest rate up till 2 %. The scheme worked and now I have 30,000 customers at my bank. I am attached with this bank and I want you people to land on progress as well so I request you to reduce the interest rate on your all plans. I hope you understand my sincerest suggestion. Thank you and looking forward for a generous and prompt action.

Yours Truly,
Mr. Martin Layman,
10th September, 2019.

Sample Letter of requesting the bank to Reduce Interest Rate on Car Loan


To,
Mr. Manager,
Alan and Sundry Bank System,Texas, United State of America.

Subject: Requesting the bank to reduce interest rate on car loan

Respected Sir,

It is to state with due respect and honor that I am Mr. Yew Layman. I am having an account of mine in this prestigious bank and few months back, I had applied for a bank loan for the purpose of getting my own car. The amount was generously given to me that made me happy, but the sudden rise in interest rate is rather shocking for me. I am unable to pay this much interest ratio so, kindly reduce the interest rate on car loan. I am looking forward for a kind and prompt action. Kindly see to this matter on personal level and make me thankful.

Warm Regards,
Mr. Yew Layman.
9th September, 2019.

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Sample Letter for Repayment of Loan Installments to Bank

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

To,
Operational Officer,
Human Resource Department, Visa Section,
California, United State of America.

Subject: Requesting repayment of loan installments to bank from
the teacher

Dear Sir,

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.

Best regards,
Mr. Martin Bede,
5th January, 2019.

Sample Letter to Bank Extension in Loan Repayment

Formal letter to bank manager for repayment of loan. Format for Letter to Bank Manager for Loan Repayment. Sample letter format of requesting extension in loan repayment the bank by employee. Loan repayments extensions are important to pay the taken loan on allotted day and date, in second attempt. These easy formats are helpful in drafting the letters for such purposes.

Sample Letter to Bank Extension in Loan Repayment

To,
Mr. Manager,
Atom and Sundry System,
Texas, United State of America.

Subject: Requesting extension in loan repayment to bank by
employee

Respected Sir,

It is to state with much care and respect that I am Mr. Lorre Layman. I am an employee in the Decant Company from the last thirty years, so my credibility could never be doubted for good. I had taken the loan of $4000 from this bank, but could not repay it at my earliest, so I request to kindly send me the extension dates in the loan repayment as I could not meet up the dates on time due to certain serious personal affairs which I cannot disclose here. Thank you and looking forward for a kind action.

Yours Truly,

Mr. Lorre Layman,
5th January, 2019.

Sample Loan Extension Request Letter

To,
Mr. Regional Head,
Amen and Sundry System,
Texas, United State of America.

Subject: Requesting extension in loan repayment to bank by
worker

Respected Sir,

It is to state with much reverence that I am Mr. Martin Layman and the reason of my writing this application is requesting a favour from your kind self to extend the time period for my repayment of the loan as I could not see the last dates mentioned on the agreement. I know it is a grave mistake on my part, but a mistake after all. I hope you can understand the heavy duties of the worker like me and would show a soft corner towards my request. Thank you and looking forward for a generous and prompt action.

Yours Truly,
Mr. Martin Layman,
5th January, 2019.

Sample Request Letter for Bank Loan by Builder

Sample Request Letter for Bank Loan by Builder. Construction is time taking as well as demands lots of money. Banks are a good way to improve the financial status in shape of loans. These formats can be used by all and sundry.

Request Letter for Bank Loan by Builder

To,
The Director,
Sole Sky Highland Banking System,
California, United States of America.

Subject: Requesting loan from bank by the builder for home
construction

Respected Sir,

Greetings! How are you sir? I hope and pray that you may be excellent in your life and living styles. I am builder and on my credit there are number of huge building arcades that earned a good fame for me. I am a financially wealthy person, but right now I could not make up the required money that is needed for construction of my home and the only source is bank loan. Kindly grant me the loan 2.5 million. Thank you.

Yours Truly,
Mr. Cure Joy,
20th October, 2018.

Sample Loan Request from Bank by
Builder

To,
The Chairman,
Smirk Sky Highland Bank,
California, United States of America.

Subject: Requesting loan from bank by the builder for building
construction

Respected Sir,

Good day! How are you? I hope, you will be fine in your life and place. I am chairman of Allegiance construction Company. There are number of infrastructures on my credit and I don’t want to stop myself from the bright future of mine. I am in need of one billion dollars as I am constructing a mansion comprising of hundred rooms! I will be able to pay the debt in few years, but right now I am in need of your cooperation. Thanking in anticipation.

Yours Truly,
Mr. Andrew Joy,
20th October, 2018.

Request Letter to Bank for Loan Installment

Request Letter to Bank for Loan Installment. Sample requesting letter to bank for installment in paying the loan for home. Living is a need and for its construction, loan is nearly inevitable. Loan is easy to take, but really difficult at times to get rid of it. The easy way is to go for installments for the payment of the loan. These formats are good choice for the persons who want to utilize it to meet their needs.

Request Letter to Bank for Loan Installment

To,
Mr. Assistant Manager,
Daffodils Horizon Banking System,
California, United States of America.

Subject: Requesting Letter to bank regarding
Loan Installment

Respected Sir,

It is to state with much concern that I am truly in need of your generous help. Few years back, I had applied for a loan of 20 million for the construction of the home, but it is difficult for me to pay it at once. Please I request to divide the amount of loan in the installments of thirty thousand per month. I will be thankful to you for favourable action. It is a renowned proverb that a stitch in time saves nine. Your healthy and timely cooperation is earnestly needed by me. Thank you.

Yours Truly,

Ms. Marry Roy,
20th October, 2018.

Sample Requesting Letter to Bank for
Installment of Loan

To,
The Principal,
Daffodils Banking System,
California, United States of America.

Subject: Requesting letter to bank for installment

Respected Sir,

Greetings! How are you? I hope you will be fit and fine in your life. I am Mr. Martin Roy, a regular client of your valued bank. Recently, I had applied for the loan to get my own new car, but the amount that is payable on me is huge and could not be given as lump sum so kindly put the same amount in easy installments of five years.Thank you for your time and exemplary patience.

Yours Truly,

Mr. Martin Roy,
20th October, 2018.

Disbursement Authorization Certificate from CAD to Branch

Disbursement Authorization Certificate from CAD to branch. Certifications are what needed the most in this era of technology and modernity. Worth of it is obvious from its outcry by all the departments and worth of person and his/her pledge and words are nothing, but a bluff, nowadays. CAD is well reputed and it is sought after for Disbursement Authorization Certificate bidding different branches to banks. This format can be used by all who need.

Disbursement Authorization Certificate from CAD to Branch

To,
The Assistant vice President,
Allied Aster World Wide Banking System,
Ontario, Canada.

Subject: Requesting Disbursement Authorization Certificate from CAD to branch

Respected Sir,

Greetings! How are you? I hope you will be sailing in the titanic of wealth and health and I pray to Providence to give you the same in the future. Time flies away, leaving no trace behind! I am Ms. Martha Johansson and an employee of Alex International Bank, California State. This is my second letter of request to you for the same purpose that is to send disbursement authorization certificate from CAD to my branch, so that they can cooperate with me in paying out the loan that is like a domicile’s sword hanging over my head, from time to time!

I had told you the reason that I was looted by fraud at the hand of my ex-husband who gulped away my property and all the documents by using fake means. The only mistake I did, was to trust him again and he used me for it. Sir, all I have now is a home in which I am living like a dead and there is no way out for me to sale it and reside the rest of my life in some rental room or the road side and I don’t want this life for me. Kindly cooperate me in this terrible times and I will be thankful to you for this generous act. Thank you.

Yours Truly,

Ms. Martha Johansson,
18 th April, 2018.

Request Letter to Bank for Disbursement of Loan 

Sample letter format of requesting disbursement of loan from bank. Loans are loathsome, but people are suffering from inflation, corruption and other living vile and they want to get rid of them and the only solution they can think of is to take loan and to pay it off requests to bank can be made to keep oneself safe from the deadly realities of the world as life is not a bed of roses. This format can be used by all and sundry.

Request Letter to Bank  for Disbursement of Loan

To,
The Operational Manager,
Wild Wood International Banking System,
California, United States of America.

Subject: Requesting disbursement of loan from bank

Respected Sir,

I am Mr. Marshal Marlow and a customer of yours from the last twenty years. The reason of my staying here is your undaunted services and pleasant culture of the staff and the bank. You knew me very well and I had not bother you for even a single penny till my present status, but now I am in dire need of help from you. I had mortgage a paint house for myself and decided to gift it to my mother on the golden jubilee of her life. I was quite sure to get the profit in my newly established business, but to my horror I lost the bet! I am, right now, with empty hands and all the money that I had is deposited in this bank as fix deposit, but it is not mature currently. I know I am breaking the rules of the bank, but I want you to disburse the loan of mine and clear me. I am ready for the penalty, the extra charge that I had to pay for outlawing. Thank you.

Yours Truly,

Mr. Marshal Marlow,
18 th April, 2018

Personal Biography Sample for Loan

Sample personal biography letter for educational loan. personal biography sample. A biography is simply an account of someone’s life written by another person. It can be short and long as per requirement. Necessary changes can be done.

Personal Biography Sample for Loan

To,
The Principal,
Elite Modern High School
Abbottabad, Pakistan

Subject: request for student loan

Dear Sir,

It is stated that my financial means have compelled me to request a student loan from school. The need has arisen now that my father has retired from work and funds are tight. With other spending requirements as well money is a growing issue for the family. I have, however, studied at this school since I was in class one. Now that I have only a year left, I do not wish to go and adjust anywhere
else. I am not pleading for funds in kind; I would appreciate if I am loaned money for fees this year.
Along with studies I teach tuition to younger students as well, in a few months’ time after college when students are free in summer vacations I will be able to make up for lost time and pay what Ii owe you. Your help in this regard will be highly beneficial.

Yours Obediently,

Farooq Aslam
3 rd November, 2016.

 

Sample letter format of requesting education loan for personal biography. Biographies are written for awareness of the people around and to motivate them in their lives, but its publications requires expense and loans are real help for it.

Sample Letter of Requesting Education Loan for Personal Biography

To,
The Minister,
Finance and Loan Department,
California, United States of America.

Subject: Request of education loan for personal biography

Respected Sir,

With due respect and honour it is to state that I am journalist and I decided to share my life incidents with my people and for that reason I started writing a biography, but its publications require a lot of money as is heavy in volume and for that reason I wanted a loan of $ 3000 from Education Loan department. Kindly grant me the said loan at your earliest. Thank you.

Best Regards,
Ms. Janet Martin,
16th December, 2017.

Educational Loan Request Letter

Sample requesting letter for educational loan. Education Loan Request Letter. Loans are mandatory to those who wish to achieve their goals at any cost and this format serves their need the most. Sample letter for requesting education loan.

Educational Loan Request Letter

To,
The Dean,
Aster Daffodil University,
Cape Town, South Africa.

Subject: Requesting educational loan for studies

Respected Sir,

It is to inform you that I am a teacher here in this university from the past many years and caused you no problem during the
time period. I am fond of studying and equipping myself with better and the best education. I wanted to do my doctoral from Germany and applied for the admission. Luckily, I got the call from them yesterday, but they are demanding amount of 10 million for the completion of the degree.

This much amount, that I do not possess right now and wanted loan for this purpose. Please sanction me the loan of the desired amount and for its recovery cut my half salary per month to pay the amount of the loan taken. Thank you.

Yours truly,
Mr. John Carter,
6 th November, 2017.

Format 2:-

Sample letter format of requesting bank loan for higher studies. This format can be used by those who wanted to go for higher studies in their lives.

Sample Letter of Requesting Bank Loan for Higher studies

To,
The Operational Manager,
Candid Private Bank,
Cape town, South Africa.

Subject: Requesting bank loan for higher studies

Respected Sir,

Please be informed that I had applied for my M.phill in English Literature in United States of America few months ago. I am leaving in a month for achieving my dreams. I want a loan of 20 million from this prestigious bank and for its security I am depositing certified papers of my property. I am in need of quick cash in 15 days or earlier if possible. I hope you see to my matter at personal level as I am not new for you and had never caused any trouble to you in my past years. Please contact me via my number: 04441-7545430836 and I will be waiting to hear from you soon. Thanking in anticipation.

Yours Truly,
Mr. Lord Fenny,
6 th November, 2017.

Decline Letter of Loan from Bank

Sample letter format of decline of loan to employee from bank. Policies are meant to be followed in any banking or other professional organization. The policies can have effect on its employee as well.Such banks who wanted to follow their policies and don’t want to lose a good relationship with their employees can entertain themselves from their letter format of declining the loan.

Sample Decline Letter of Loan from Bank

For: Mr. Anderson Tames
From: Jackson Bank private limited,
California, United States of America.

Subject: Letter of decline of loan to employee from bank

Respected and Cherished!

Hoping good health on your worthy account. Much concerns for you. We had received your loan application and is right in front of me on my desk. The amount you needed is $ 6000 which is fairly handsome. We acknowledge your need and financial disrupt and mindful of it as well.

You are, no doubt a bonafide employee of our bank, but we regret that we cannot sanction the amount you needed. The reason behind is the policy of our bank that we cannot sanction the loan to any employee of grade 17. Secondly, we cannot entertain the loan unless we get a verified property of the same amount or more as security.

We had seen your ACRs and much impressed from the quality of your work so, we decided to pool money on our behalf to fulfill your financial need. As soon as, we arrange the required money we will get back to you. We insist, you must accept our token of love for you. Much love and concern.

Regards,

Board of Directors,
25 July 2016

Sample Decline Letter of Loan from Bank
Sample Decline Letter of Loan from Bank

Sample Loan Rejection Letter from Bank

Dear Sir,

It is to inform you that your request of loan has been declined. It gives us no pleasure to tell you that your request has been cancelled. Due to the policies of the bank, we are unable to process your request. Our bank has verified your salary amount and it is very less as compared to the loan you are taking. You have a very valid reason for taking a loan but we cannot process it because it goes against our bank policies. Beside this, we can deal with you in many other matters. Please feel free to come to us for any ambiguity.

Warm Regards,

Branch Manager,

Bank Name…