write a latter to the bank requesting for overdraft facilities

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Descriptive Topics : Write a latter to the Bank requesting for Overdraft facilities ibpsexamsportal.com /descriptive-topics-write-latter-bank-requesting-overdraft-facilities/ Admin SAMPLE LETTER FOR SBI PO - Write a letter to the Bank requesting for Overdraft facilities. 17/361 Panchsheel Park New Delhi 21 May’14 The Branch Manager Bank of Commerce Daryaganj, New Delhi Sub: Request for Overdraft facilities. Sir We are having a Current Account bearing No. 284 in your bank.Our monthly turnover is about Rs. 80 lakhs and never has amount been overdrawn against our correct account. Also, not a single cheque of ours has been returned over since we opened an account with you about nine years ago.We need additional funds of Rs. 2 crore, as we are planning to enter into the export market. We have been able to raise Rs. 1 crore from our friends and acquaintances but we still need Rs. 2 crore and hence we request you for an overdraft facility of this amount. We are enclosing a photocopy of our assessment for the previous year and copies of balance sheet and profit and loss account for the last three years for your perusal.We shall undertake to mortgage our stock which is always worth Rs. 2 crore and above.We look forward to an expunctions response. Thanking You Yours faithfully XYZ Manager PrintFriendly.com: Print web pages, create PDFs http://www.printfriendly.com/print/?source=site&url=http://www.ibpsex... 1 of 1 28-May-14 10:27 AM

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  • Descriptive Topics : Write a latter to the Bank requesting forOverdraft facilities

    ibpsexamsportal.com /descriptive-topics-write-latter-bank-requesting-overdraft-facilities/

    Admin

    SAMPLE LETTER FOR SBI PO - Write a letter to the Bank requesting for Overdraft facilities.

    17/361 Panchsheel Park New Delhi

    21 May14

    The Branch Manager Bank of CommerceDaryaganj, New Delhi

    Sub: Request for Overdraft facilities.

    Sir We are having a Current Account bearing No. 284 in your bank.Our monthly turnover is about Rs. 80 lakhs andnever has amount been overdrawn against our correct account. Also, not a single cheque of ours has been returnedover since we opened an account with you about nine years ago.We need additional funds of Rs. 2 crore, as we areplanning to enter into the export market. We have been able to raise Rs. 1 crore from our friends and acquaintancesbut we still need Rs. 2 crore and hence we request you for an overdraft facility of this amount.

    We are enclosing a photocopy of our assessment for the previous year and copies of balance sheet and profit andloss account for the last three years for your perusal.We shall undertake to mortgage our stock which is always worthRs. 2 crore and above.We look forward to an expunctions response.

    Thanking You

    Yours faithfully XYZ Manager

    PrintFriendly.com: Print web pages, create PDFs http://www.printfriendly.com/print/?source=site&url=http://www.ibpsex...

    1 of 1 28-May-14 10:27 AM