Bank Loan Request Letter

To,

Tom Alter

Loan Department head

JP Morgan Banking Services

43 West End Road

New London, UK 3490

Dated: 4th of September 2012

Subject: Request letter for bank loan

 

Respected Mr. Alter,

This letter is to bring to your notice that I am planning to buy a four wheeler vehicle and would require the purchase amount as loan. Thus, I would request your bank to provide me a car loan.

It has always been a wish of mine to purchase a four wheeler vehicle. Recently I got a promotion and a salary increase at my work place, so I have decided to purchase one at last. I am planning to buy a Ford Skoda which has a purchase price of 8000 pounds. I have the twenty percent amount of the purchase amount in order to pay the down payment, but I require rest of the eighty percent as loan. Thus I would be highly grateful if you grant me a loan of 6000 pounds. I would like to go for a loan term of five years. I can assure you that my credit rating is good and there would be no default from my end in paying the installments. Please let me know the formalities that I need to complete.

Looking forward to your reply.

Regards,

Nick Nolte

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