Tag Archives: loan installment

Letter

Sample Letter to Bank Extension in Loan Repayment

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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.

Request letter

Request Letter to Bank for Loan Installment

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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.

Letter

Sample Request Letter for Rent Installment

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Sample Request Letter for Rent Installment. It can be used by people who want to request for the installment of rent for their house/flat/apartment or shop etc. which they cannot pay lump sum in any case.  Easy format is provided below.

Sample Request Letter for Rent Installment

Subject: Request Letter for Rent Installment (House/Flat)

Dear Mr. James Steve,

Hope you’re in best of your health. I am sorry unfortunately I was out of city on account of my company’s work and I couldn’t talk to you earlier. Sir, I am ashamed that I couldn’t pay the rent of my flat on time and it troubled you as well. I want to ask for a favor as I am in financial crisis these days and to be honest I don’t have enough budgets to pay my rent of this month. I understand this is not an ethical way to say like this, but I tried my level best to arrange the money but all in vain.

Mr. James, I request you to please allow me to pay my rent in installments. It would be a huge commendation upon me. I’ll pay the first half this week and the remaining in the last week on this month for sure. I hope that you’ll understand my circumstances; otherwise I would not have asked you for this thing. Kindly I need your courtesy right at the moment.

I shall remain indebted.

Sincerely Yours,

Ema Kevin
Contact.

Sample Request Letter for Rent Installment (Shop)

Dear Mrs. Kevin,

I hope this letter finds you hale and hearty.  I met you few days back but couldn’t talk about my issue owing to lack of time hence I planned to write this. Mrs. Kevin, as per our contract I am bound to pay the rent of shop lump sum for 3 months and this practice is being done since 2 years. I am glad to find such a nice landlady. I request you to please take rent of this time into installments. Actually I am surrounded by some other monetary issue this month and I won’t be able to pay the whole amount all at once. I hope that you’ll understand my problem and won’t mind it. I’ll pay the two installments in next month.

I shall remain obliged and grateful.

Yours Truly,

Megan Fox
Contact.

Letter

Email Letter for Bank Loan Installment

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Sample of Email Letter for Bank Loan Installment. If any account holder has taken loan form bank or any organization and he/she wants to ask bank for loan installments, the given application, letter or e-mail format can be used. Write brief and mention the amount and concern simply. Refusal E-mail reply format from organization is given too.

 

Email Letter for Bank Loan Installment

Date: Tue, 20 Jan 2015

Account Number:   20011122789
Registration No:     0065-PL003245
Account Title:         Arshad Bajwa

Subject: Partial Payment Against Personal Loan

Dear Concerns,
Reference to the captioned subject I may right to inform you that I has been availed the personal loan from your bank. Last time I has been paid the partial payment a sum of 150,000/-(Rupees One Hundred FiftyThousand Only) in the last year May, 2014. Now I am ready to arrange some more payment and adjust partially. I would like to inform you that my long term relation with silk bank and I am also the account holder of Silk Bank Gulberg Liberty Branch Lahore and maintain the saving account number 0013-20011122789.
I am also the employee of Falcon’s (Pvt) Limited which has avail the credit facilities on fund based and non fund based from your silk bank main branch 14-Egerton Road Lahore. (Account number 0004-20004356789 & 0015-1234567890)
You are therefore requested to give me go ahead by return e. mail however I deposit my payment in my Personal Loan Account.
Regards,
Arshad Bajwa
Falcon’s Pvt.Ltd
0300-4567900

Email Letter for Bank Loan Installment
Email Letter for Bank Loan Installment

Refusal Email Reply

Dear Mr. Arshad,

This is in reference to your email dated January 20, 2015.
Please be advised that as per our system records partial payment was run against your Personal Loan facility in May 2014. However, we would like to inform you that it is mandatory to complete/ pay 12 installments from May 2014 onwards in order to avail the partial payment option again.

Therefore, we regret to inform you that at this point of time we are unable to entertain your request for the partial payment as same option will be available again in May 2015.

Regards,
Complaint Management Unit.