Are you planning to take a loan for your business, then contacting the bank’s branch where you have your current account is one of the best ways. But some banks ask you to submit a request letter to apply for a bank loan. You have to submit some required documents along with this request letter.
Required documents for the bank loan.
- IT Returns
- Balance Sheets, P& L
- Fixed Assets documents
- Bank Statement
- Closing stock
Sample request letter to bank manager for business loan
To
The manager,
Bank Name,
Bank address
Sub: Request for business loan.
Dear Sir/Madam,
We the XYZ foundation, running a current account in your bank with account number 12456890. We would like to expand our business, so we decided to apply for a loan amount of 50 Lakhs.
Here we are providing all the required documents which include our bank statement for the last 6 months, IT returns for the last 3 years, fixed asset document, balance sheet, P & L statement, and closing stock value details.
So please consider our racquet for the loan and do let us know if you need any further information.
Thanking you.
For the XYZ Foundation.
Chairman.
Sample Format 2
To
The Bank manager,
Bank name,
Bank address.
Sub: Bank loan request for business purpose.
Dear Sir/Madam,
We ABC PVT ltd looking for a bank loan to expand our business. We already have a current account in your bank with account number 345890808899.
We hope we are eligible to get a loan from your bank and along with this letter we are also attaching all the required documents for the bank loan.
So please consider our request in this regard
Thanking you.
For the ABC PVt ltd.
Chairman.