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Application for bank loan

Write a letter to the Manager of a bank asking for a loan of Taka 1,00,000 (one lakh) only to set up a computer school.

Suppose, you are Abdul Hannan of Hospital Road, Raipur, Narsingdi. You have a cloth store, namely, Angasree at Raipura. You want to set up a computer school and, for this purpose, you need to take a loan of Tk. 1,00,000 (one lakh) from a bank. You can keep your cloth store under mortgage with the bank as a security for the contemplated loan. 

January 15, 2020

The Manager,
Sonali Bank, Raipura Branch
Raipura, Narsingdi

Subject : For a loan of taka 1,00,000/- (taka one lakh) only.

Dear sir,
I intend to set up a computer school at Raipura and I need a loan of taka 1,00,000/- (taka one lakh) only. I may keep my cloth store, namely ‘Angasree’ adjacent to your bank premises, under mortgage with your bank as a security for the loan, prayed for. I shall repay the loan together with interest in ten equal monthly installments starting after one year from the date of withdrawal of the amount of loan. 

In the circumstances, I would request you kindly to get the desired loan sanctioned at your earliest convenience. 

Thanking you

Yours faithfully

Abdul Hannan
Angasree, Hospital Road
Raipur, Narsingdi

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