Application for Loan for Home Redecoration from Bank
[Here briefly focus on sample Application for Loan for Home Redecoration from Bank. You can follow this sample application letter for loans to modernize the home from banks, factories, small loan schemes, financial institutes, etc. Customize the content according to the information you want to convey.]
Date: DD/MM/YY
Official name…
Bank/Branch manager…
Bank and branch name…
Address…
Sub: Application for Loan for Home Redecoration
Name/Sir,
I am requesting a home loan in the amount of (Money amount) for the purpose of expanding my home facilities. (Describe in your words). My business has experienced significant growth over the past two years. I am currently staying with staff at the company but I would like to shift to the house I inherited after my parents passed away. (Describe actual cause and situation). However, it is not in good condition. For that purpose, I would like to apply for a load to modernize my house so I could live in it again as soon as possible.
I would like to request you if you could please grant me a loan like a home loan. If you can inform me of the details and formalities required for seeking the loan, I shall make all the arrangements and meet you at the earliest. Thank you for your consideration.
Yours sincerely,
Your name…
Address and Contact Info…
Another Format,
Date: DD/MM/YY
Authority name…
Public Relations Manager (Job Designation),
Bank and branch name…
Sub: Application for Loan for Home Redecoration
Dear Sir,
I have a savings account in your bank for the last five years (More/less). I have come to know about the loan scheme inaugurated by your bank which is based on small loans against low mark up for building homes. (Describe in your words). According to the bank policy, the requirement for a loan is that one must have a salary account in your bank and the account must be activated three years before the advertisement. (Explain all about the situation). I am a salaried employee and I work for the government/private organization as (Profession type). You can verify my salary certificate and other details.
I have decided to modernize my house so I think this new scheme would be beneficent for me. As per the requirements, I am an account holder in your bank and my account is also a salaried account which makes me capable of applying for a loan (money amount). I think I am eligible to seek a loan for this amount. Moreover, I am also submitting papers of two guarantors in this respect.
If you can send your representative to my place, we can discuss and finalize the loan. It is requested that I kindly accept my application for a loan and allow me to start the procedure in this respect.
Yours sincerely
Your name…
Address and Contact Info…
