______________ [here write the name of the recipient]
______________ [write the profile of the recipient]
______________ [write the name of the financial institution]
______________ [write the address of the institution]
_______________ [write the date of sending the letter]
________________________: [write down an appropriate subject for the letter]
Respected Sir/ Ma’am,
I would like to apply for credit from your financial institution for an amount of ______ [amount of credit required]. The credit will be in the form of ______ [type of credit].
I would pay back the credit amount in ______________ [loan term] years. I am aware about the interest rate of __________ [mention the interest rate] that you would be charging and agree to pay that.
I would be highly grateful if you consider my application and process my __________ [type of loan] loan. I am enclosing a copy of my ______________ [mention the details of the documents enclosed with the letter].
_______________ [write the name of the sender]
_______________ [write the address of the sender]