Question

You are Ashok/Ashima Mathur, of 56 H Block, Ashok Vihar, Delhi-

110052. You are the owner of a restaurant and wish to expand it. For

this purpose you need a loan from the HDFC Bank, Pitampura, Delhi.

Write to the manager enquiring about the terms and interest rates on

a loan of 5 lakhs, documents to be provided and formalities to be

completed.​

Answer 1

Letter

56 H Block,

Ashok Vihar,

Delhi - 110052

February 20, 2021

The Manager,

HDFC Bank

Pitampura, Delhi

Subject: Inquiry about loan

Dear Sir,

With due respect, I would like to inform you that I am the owner of 'City Paradise Hotel' on Mall Road. I am planning to expand my venture and need financial assistance in terms of a loan for the same.

So, I request you to share details about the documents and formalities required to process the loan. Also, I would like to know the interest rate that would be charged on a loan of 5 lakhs.

Kindly share the details as soon as possible.

Thanking you

Yours faithfully

Ashima Mathur