Agreement Letter Template for Loan Payment

Instructions

• 1

  (Date)

  
  

  (Debtor’s Name)
  (Debtor’s Address)

  
  

  (Creditor’s Name)
  (Creditor’s Organization)
  (Creditor’s Address)

  
  

  Dear (Mr. / Ms. / Mrs. Creditor’s Name)

  
  

  Following my visit to the (Company’s Name) yesterday, I am writing to request for a personal loan of $(Amount of Loan) from your bank. I have been one among the loyal customers of your bank for last three years. I am planning to buy a commercial property and I need a loan from your bank. I have gone through each of the terms and conditions for the commercial property loan and I agree with all of them.

  
  

  If I will be able to get this amount from your company, it will help me in buying the commercial property as well as furnishing it. If you kindly sanction the amount, I will be thankful to you and will be in a position of buying the commercial property that I have selected. With your financial support, I can start my own new business. I will be paying all the installments on the first of every month. I have a good credit history, so getting a loan will not be a problem as there are no problems of debts. The photocopies of my salary slips, social security number card, commercial property agreement, and business plan are attached to this letter for your perusal.

  
  

  If you have any queries, you can contact me on (Debtor’s Contact Number) or email me at (Debtor’s E-mail Address).

  
  

  Looking ahead for your kind response.

  
  

  Sincerely,

  
  

  (Debtor’s Signature)

  
  

  (Debtor’s Name)

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• 2

  (Date)

  
  

  (Debtor’s Name)
  (Debtor’s Address)

  
  

  (Creditor’s Name)
  (Creditor’s Organization)
  (Creditor’s Address)

  
  

  Dear (Mr. / Ms. / Mrs. Creditor’s Name)

  
  

  As per our telephonic conversation, I am writing an agreement letter for the loan payment that I propose to take from (Creditor’s Company Name). I need the loan to buy an apartment for my family.

  
  

  I have thoroughly checked the available options and have decided to get the loan from your bank. In addition to that, according to my calculations, I will be able to pay off the loan faster as it a short-term loan.

  
  

  I am currently employed as an administrator at (Debtor’s Company Nam). I have been working for this prestigious company for the past 10 years. Feel free to contact the company and verify that I work there as a permanent employee. You can contact the HR Department of the organization at (Contact Number of Debtor’s Company).

  
  

  I have attached the copies of bank statements for the previous 3 months as well as an income and expenditure breakdown, which shows how much I have left over each month. I plan to use some of this money for paying all the installments on time.

  
  

  I will be obliged if you could sanction the loan of (Amount of Loan) for a period of (Duration of Loan) years. I agree with all the terms and conditions of your bank. The signed copies of the agreement are attached to the letter.

  
  

  I am waiting for a positive response, which will help me in fulfilling my dream of owning my own apartment.

  
  

  Yours Sincerely

  
  

  (Debtor’s Signature)

  
  

  (Debtor’s Name)

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