Loan Solicitation Letter

By | August 4, 2012

Address of organization

Dear Sir/Madam,

This is to bring to your kind notice my petition for a home loan amounting to Rs 4,00,000 from your bank. I require this loan for the purpose of buying a house whose estimated cost ranges 9,00,000 to 12,00,000. With the help of bank funding I will be able to compensate 33% of the amount, the rest I intend to compensate through my own personal savings etc.

I am an IT engineer, presently working with Infosys Ltd. which deals with providing IT solutions to outsourcing industries in Australia. My job is primarily related to technical aspects of product development such as software development and testing.> I have been associated with this firm for the past <number of years> years and presently my annual salary is <X amount of> dollars. I do not wish to change my current job for at least the next five years. I view of these facts I believe that I will be in complete capacity to repay my loan installments within the stipulated time limit. I have enclosed documents related to my bank statement as proof of my financial credentials. I hope to hear from you soon.


Thanking You,

Yours Sincerely,

<Name of Applicant>,

<Address>,

<Signature>


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