A LETTER OF APPLICATION FOR LOAN IN A BANK


This article is just a written example of loan application letter intended for official use by organization, office, persons etc. To write this letter, you don’t need to write a whole textbook or too many words, all you have to do is write simple and direct to the point of your request to the bank you want and surely hope that they will find reasons to approve it. Please replace the words in bracket with your own suitable words. Also note that the names and places used therein are just fictions to achieve this aim. Please note that I am not giving you 100% assurance that this letter can make your bank grant you a loan.
Written by – Martins Chima

(Your address)
2nd December, 2013

The Manager
(Name of Bank)Bank plc
Enugu

Dear Sir,

APPLICATION FOR LOAN
During our board meeting of 27th September 2013 which was held at our co-operate headquarters 4 Umunya Street Enugu, Enugu State. The board agreed that the company will take a loan of 3.5 million naira from Diamond bank plc to enable her trade better in its rice business. And the board also agreed that the said loan will be paid in one year time.
Sir, we will be much happier if our humble request is granted and also we are pleading to you to use your good office and put a greater smile on the face of our rice business.

Yours faithfully,   
_____________
(Name)
Director
______________                                             
(Name)                                              
Director                                                                        
_______________
(Name)
Secretary

This is it, it’s as simple as this. I sincerely hope that you are able to write your letter for loan appropriately with this example. Like I said previously, I am not giving you 100% assurance that this letter can make your bank grant you a loan

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