Bank Proposal Letter Format For Business Loan
Sample of business letter and personal application letter formats in word file. Download .doc/docx/xls/pdf file example.
How to write a bank loan proposal to Head Office:
Template - 1
The Deputy Managing Director
Subject: Proposal for sanctioning a CC loan limit of Rs. 300.00 Lac vg. M/s. Jahur Enterprise and adjustment of existing CC loan limit Fvg. M/s. Jahur Trading.
We have been approached by Mr. Jahur Majumder, Proprietor of M/s. Jahur Enterprise to sanction a CC loan limit of Rs. 300.00 Lac for smooth running of his business.
It may be mentioned here that Mr. Jahur Majumder has been conducting import of various food items including Household items for the last 10 years with good market reputation. He has been enjoying a composite credit facility of Rs. 100.00 Lac in the name of different firms under his Proprietorship. His business performance with us is satisfactory and repayment is also very good.
At present he desires to enjoy CC loan limit of Rs. 100.00 Lac in the name of his proprietary concern M/s. Jahur Enterprise within his existing composite limit by adjusting the existing CC loan limit in the name of M/s. Jahur Trading due to his business policies. The liability created in the name of M/s. Jahur Trading will be adjusted from his own source. It is mentionable here that M/s. Jahur Enterprise is also enjoying the PP & LTR credit limit within their existing composite limit. Mr. Jahur Majumder is the proprietor of the both concerns.
Recently Mr. Jahur Majumder has visited to our Branch & held a threadbare discussion with the undersigned and assured to route down large volume of business with us.
In this connection we furnished the following information of the account for your kind perusal:
Credit liability position as on 30.01.2003
Business Performance Position – Year 2002
Income from Client
In light of the facts stated as above along with a consideration of his business entity, market reputation, financial position and business connection with the elites, we would request to sanction CC credit limit of Rs. 300.00 Lac in favour of M/s. Jahur Enterprise at your earliest.
Download the above bank loan proposal doc file.
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