Bank Loan Application Letter Sample 8+ With Format
One Format And 8 Sample On Bank Loan Letter
Table of Contents
Bank Loan Application Letter Sample: Naturally, we take a loan from a bank when we fall into a money crisis. We talk to the branch manager about it. After that, he discussed everything and instructs us on all terms and conditions. Some bank managers tell to submit a request letter with the required documents. And then many people can not write a proper request letter. So I have written the post with a format and six samples that will clear your confusion and create a good idea about any type of bank loan application letter sample. Then you can write a new application in your own way. A well-written request letter for the loan can help you to be approved your application at the time of applying for a loan.
There are different types of loans in the bank. For example
- Business loan
- Home loan
- Personal loan
- Educational loan
- Car lone
- Two-wheeler loan
- Gold loan
- Loan against property
When you will apply for a personal loan, eligibility is a must for you.
Personal loan eligibilit:
- You should be salaried person.
- You should have a job under government, public company.
- Your age should be between 25-50 years.
- You need to be an Indian citizen.
- The minimum salary should be 25000 but it depends on the city.
Application Format
Bank Loan Application Letter
To
The Bank Manager
[Name of the bank]
[Name of the branch]
[Address of the branch]
Date: …../ …../ ……
Sub: [Application for home loan]
Respected Sir/Madam,
I am ___________ [Your name]. I am a [savings/current] account holder with your branch for _____ years. I am a ______ service man. My monthly salary is deposited in my bank account. I always maintain a good balance in my account. But I need a loan for _____________ [Purpose of the loan].
I am requesting you for an amount Rs. __________ as a loan. I have enclosed all the required documents as you instructed earlier. I have read, got and agree with the term and condition of the bank.
I am waiting for positive response from you.
Thanking you
Yours sincerely
[Name of the applicant]
Contact details
Bank Loan Application Letter Sample
To
The Bank Manager
[Branch Name]
[Branch Address]
Date: 00/00/00
Sub: [Request for business loan]
Dear Sir/Madam,
With due respect, I beg to state that I have a current account with your branch. I am a businessman and run three restaurants. I need an amount of Rs. 100000/- as a loan for my business purpose.
I will be thankful to you if you will consider my request as early as possible.
Thanking you
Yours sincerely
[Name]
Contact details
Write A Letter To Bank Manager For Educational Loan
To
The Bank Manager
AXIS Bank
Gabgachi Branch
Delhi-700 071
Date: 12/11/2021
Sub: Application for educational loan
Sir/Madam,
I, Ashutosh Kumar Saha, a permanent resident of Sukanta More, Gabgachi, would like to apply for an education loan for further studies. I have just appeared for my higher secondary board exams and would like to complete a course in B.TEC from a reputed institution in Delhi.
I can come to the branch at your convenience to discuss it required to get a loan in my favor. I will always be grateful to you if you look into the matter and approve my loan.
Thanking you
Ashutosh Kumar Saha
Contact details
Application For Home Loan
To
The Bank Manager
Name of the bank
Name of the branch
Address of the branch
Date: …../ …../ ……
Sub: [Application for home loan]
Respected Sir/Madam,
I am prakash saha. I am a savings account holder with your branch for ten years. I am a government serviceman. My monthly salary is deposited in my bank account. I always maintain a good balance in my account. But I need a loan for building my house.
I am requesting you for an amount of Rs. 200000/- [Two Lakh] as a loan. I have enclosed all the required documents as you instructed earlier. I have read, got and agree with the term and conditions of the bank.
I am waiting for a positive response from you.
Thanking you
Yours sincerely
[Name of the applicant]
Contact details
Application For Personal Loan
To
The Bank Manager
Name of the bank
Name of the branch
Address of the branch
Date: …../ …../ ……
Sub: [Application for home loan]
Respected Sir/Madam,
It is stated that I would like to request you for a personal loan of Rs. 200000/-. I have a savings account for 15 years with your branch and save a good balance in the first week of the month. I have been working in an I.T company for 20 years and my salary is 25,000/-. I will pay the loan by deduction money by a savings account. I have read the term and conditions and got it. I have enclosed the necessary document as the instruction.
I am waiting for your positive response of hearing.
Thanking you
Yours faithfully
[Name of the applicant]
Contact details
Sample of Bank Loan Application Letter
To
The Bank Manager
Name of the bank
Name of the branch
Address of the branch
Date: …../ …../ ……
Sub: [Application for __________________ ]
Respected Sir/Madam,
With a lot of respect, I beg to state that I am an old account holder in your branch. My account number is XXXXXXXXX. Now I am a serviceman. I am doing my job in Malda Sonoscan Nursing Home. My salary is 12000/-. I need a loan amounting to Rs. 80000/- for buying a car. The deduction should be from my salary account.
Therefore I request you to grant me the loan and then I will be obliged to you.
Thanking you
Yours faithfully
[Name]
Contact details
Business Proposal For Bank Loan Sample
To
The Bank Manager
[Name of the bank]
[Name of the branch]
[Address of the branch]
Date: 00/00/00
Sub: [Application of proposal of the business loan]
Respected Sir/Madam,
I am writing this letter to request a small business loan in the amount of Rs. 80,000/-for the purpose of business development. My current account number is XXXXXXXXX in your branch. I am an account holder for ten years and maintain a good balance in this account.
My company name is [XYZ]. It is a growing business that serves furniture to customers. You can follow our success online at [website name]. 25 workers work here daily.
I have attached all the required documents along with this application as you instructed earlier. So I earnestly request you for a small loan.
I am looking forward to hearing at your convenience.
Thanking you
Yours faithfully
[Name]
Contact details
FAQ’s On Requesting Loan
How do I write a letter requesting a loan?
Answer: It is not a hard matter. Just follow the structure and fill up the place with your right information.
To
The Bank Manager
[Name of the bank]
[Name of the branch]
[Address of the branch]
Date: …../ …../ ……
Sub: [Application for_______ ]
Respected Sir/Madam,
Write first paragraph following the format.
Second paragraph
Third paragraph
Thanking you
Yours sincerely
[Name of the applicant]
Contact details
That is enough for a letter of requesting loan.
What is the difference between application and letter?
Answer: There is a difference between application and letter. A letter is written for communication or giving information to anyone. On the other hand, an application is written to request for something.
How do you end an application letter?
Answer: You end an application letter with “Yours faithfully or your sincerely”. Besides it nowadays to write contact details at the end is very important.
Should I write thank you in advance?
Answer: Yes. You should write “Thank you” in advance for close connotation. It will express your politeness.
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I hope you have got the right information and chosen bank loan application letter sample. If you like the post, you can do a little help by sharing it with your friends, relatives and do comment in the below comment box.
