You are on page 1of 1

Letter Requesting for Bank Credit

Join Telegram Channel - https://t.me/onlyforbanking www.onlyforbanking.com


To
The Branch Manager
State Bank of india
Mahesh Nagar 60 ft Road
Jaipur
02 July 2019
Sub: Requesting for Bank Credit
Dear Sir,
We are pleased to state that our export trade in readymade garments has increased
considerably in recent months. Now, it has become necessary to enlarge production
capacity, but we are not in a position to finance this with our present resources
alone.
We would, therefore, request you to allow us credit to the extent of 70% of the
present value of our assets.
We look forward to your early positive reply. Please let us also know your service
charges in this regard.

Thanking You
Yours faithfully
Sunil Kumar

Join Telegram Channel - https://t.me/onlyforbanking

You might also like