Application to the bank for education loan sample
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Answered by
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To
The Manager,
Bank Name
Address
City, Pin code-******
Sub: Seeking Loan of Rs.5,00,000/-
Dear Sir,
I am (your name) and holding a saving account no. (A/C no) in your bank from past seven years. I would like to inform you that I seek a loan of Rs.5,00,000/- for the expenses of my daughter's education in (city/country name, if any).
My daughter, (your daughter name), has secured admission in (University name) in (city/country name) to do her MBA course (or if you have any other educational course, mention here) starting from 15th January 2015. The course is for two years.
As per my budget, to meet all her expenses towards hostel room rent, food and books, an amount of Rs.5,00,000/- will be needed. Hence, I have submitted my application for this loan.
As a security, I have my property in below mentioned address which as per current assessment is worth Rs.60,00,00/- and I am the sole owner of this property without any hindrance whatsoever.
(Your complete property address)
For your kind information, I am working professional (you can write your post if any) in a leading institution and getting good salary. This can be verified by your bank's monthly statements.
Once I get the reply from you, I will bring all original documents and also my daughter along with to sign the required papers.
Enclosing the photocopy of my daughter's admission letter along with application for your immediate reference.
Hope you will do the needful.
Thanking you
Yours faithfully,
The Manager,
Bank Name
Address
City, Pin code-******
Sub: Seeking Loan of Rs.5,00,000/-
Dear Sir,
I am (your name) and holding a saving account no. (A/C no) in your bank from past seven years. I would like to inform you that I seek a loan of Rs.5,00,000/- for the expenses of my daughter's education in (city/country name, if any).
My daughter, (your daughter name), has secured admission in (University name) in (city/country name) to do her MBA course (or if you have any other educational course, mention here) starting from 15th January 2015. The course is for two years.
As per my budget, to meet all her expenses towards hostel room rent, food and books, an amount of Rs.5,00,000/- will be needed. Hence, I have submitted my application for this loan.
As a security, I have my property in below mentioned address which as per current assessment is worth Rs.60,00,00/- and I am the sole owner of this property without any hindrance whatsoever.
(Your complete property address)
For your kind information, I am working professional (you can write your post if any) in a leading institution and getting good salary. This can be verified by your bank's monthly statements.
Once I get the reply from you, I will bring all original documents and also my daughter along with to sign the required papers.
Enclosing the photocopy of my daughter's admission letter along with application for your immediate reference.
Hope you will do the needful.
Thanking you
Yours faithfully,
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