write a letter to the bank manager asking time for EMI payment
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Answer:
32, Kamla Nagar,
Behind Kirori Mal College,
North Campus,
New Delhi-110007
Date: 21.07.2016
To,
The Manager,
Indian Overseas Bank,
Chandni Chowk,
New Delhi-110006
SUBJECT:- REQUEST FOR SEEKING TIME FOR PAYMENT OF EMI
Sir,
With all due respect, I would like to bring your attention regarding the EMI, I was supposed to pay on 20.07.2016. Earlier this year, I had availed for a Car Loan of Rs.8.75 Lakhs only from your branch on 20.07.2015 at 8.75% per annum. Excluding this months EMI, I have duly repaid all the installments of the loan. But recently, due to a financial crisis in the family as I am the only one employed, I have not been able to pay the EMI this time around.
Therefore, I kindly request you to grant me some time so, I can pay the outstanding amount on the same date next month.
Thanking You,
Yours sincerely,
XYZ ABC
New Delhi
Explanation: