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Applying for a Loan to a Bank |
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Applying for a Loan to a Bank
Sneeta Traders,
Ranchi.
14th Nov.
The Manager,
Madhuri Bank Ltd.,
Ranchi.
Dear Sir,
We are interested in getting a loan of Rs. 20,000/- against mortgaging our business property worth Rs. lakh. We shall be glad to have your terms at your earliest The loan is required for a period of 8 months.
Yours faithfully,
for Sneeta Trader
Reply to Above
Madhuri Bank Ltd
Ranchi.
24th Nov.,
Messrs. Sneeta Traders,
Ranchi.
Dear Sirs,
We thank you for your letter dated the 14th November.
We shall be glad to give you a loan of Rs, 20,000/- against your property @ 7% per annum.
We are enclosing herewith necessary forms regarding mortgaging of property and request you to please return the same after doing the needful.
Thanking you,
Encl: As above
Yours faithfully,
for Madhuri Bank Ltd.
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