Request Letter to Bank Manager for Industrial Loan, Complete Banking Letter Writing Example for Students.

Request Letter to Bank Manager for Industrial Loan 

Place 

Dt. 

From 

Sindh Hosiery Ltd., 

Ludhiana. 

 

To 

The Manager, 

Punjab Co-operative Bank Ltd., 

Ludhiana. 

 

Subject: Industrial Loan 

Sir, 

We are, the leading manufacturers of hosiery in Punjab with an annual sales of Rs 2 crores. We have been in the business now for twenty years and there are orders from Russia for large quantities of hosiery which our present plant cannot fulfil. So we need to expand our units. 

We need a financial help of Rs 51 lakhs for the renovation of our plant, purchase and installation of the latest technology from Menschen Fabrik in Frankfurt, Germany. The details are in the estimates sheet attached. Kindly inform us what facilities your bank can provide in this regard. As you know no new license is required from the government now for any such project, but only a formal endorsement from the Ministry of Industry, Licensing Department is attached for your perusal. 

Thanking you, 

 

Yours sincerely, 

Gurpreet Bedi 

Senior Vice-President, 

Sindh Hosiery Ltd., 

Ludhiana. 

 

 

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