Application for Loan!!!
Subject: Request for Loan.
Dear Sir,
With due respect, I would like to inform you that I am in need of some urgent financial assistance. Please grant me $. 40,000/= (Dollars Forty thousand only) as a loan.
I would therefore request you to please consider my request sympathetically. I would be very grateful to you for your kind attention and obliged.
Thanking you,
Yours faithfully,
Top answer
Put the amount, the purpose, and your repayment plan in the first lines of a loan application letter. Whether to an employer or a bank, the approver needs those three facts before anything else — everything further is supporting detail.
Editor's note
Amount, purpose, repayment plan — first three lines.
Employer loans: mention years of service, offer salary deduction.
Bank loans: list the documents you're enclosing.
Keep it under one page; attach proof rather than explaining at length.
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A loan application letter is judged on clarity: the amount, the purpose, and the repayment plan, all in the first few lines. Three templates:
1. Company loan (from your employer)
Dear [Manager's name],
I request a loan of [amount] from the company for [purpose — e.g. purchasing a house / medical treatment / education]. I propose repayment by monthly salary
0d_sayWould you please make correction if required in this letter ?
Dear Sir,
With due respect, I would like to inform you that I am in need of some urgent financial assistance. Please grant me $. 40,000/= (Dollars Forty thousand only) as a loan.
I would therefore request you to please consider my request sympathetically
00Grammar GeekIs this an actual request for money or is this a writing assignment as a school project?An actual request.[E]
0Thank you all for your assistance. Please note this is a genuine case and in order to have some improvement in writing skills I have submitted my request for correction.
0How come do you know that this was an actual request
. Whata a prediction!Thanks
0The reason I asked is that where I live, you don't write a letter for a loan. There are applications that include information like your income, your other current debt, and your assets.
If you were requesting money as a loan from a relative, you would say what you want to use it for and how you proposed to pay it back.
The amount you are requesting to borrow i
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,Thanks for your standpoint about this letter.
Please note that I have just changed the symbol of currency which was in real Rupees instead of Dollars hence it made a confusion. I had guessed that friends of english forum will understand it easily inspite of considering the amount but now I
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