Moratorium Request Letter To Bank 2021 [2+SAMPLE].
This site provides you with your Moratorium Request Letter To Bank search.
A letter is required if your loan or bank overdraft could not be paid in time. In this scenario you must submit a letter to the bank for late repayment of loans.
Therefore, if you have any uncertainty about how to draught a moratorium letter, read this post up to the conclusion.
SAMPLE 1: Moratorium request letter to bank sample.
From,__________________To,The Bank managerName of the BankAddress of the Bank.Date : 17th September, 2022.Subject : Application for loan moratorium.Dear Sir,I have a savings account with the renowned Bank number 987654321 at your ___________ branch. I've got a loan from your bank, Rs.100,000/- loan No. 9971. On the fifth day of each month, under the terms of the loan, Rs 15,000 is deducted from my account.I would like to tell you that my account does not have enough balance to fulfil the payment for the last month due to a delay in income.My paycheck will be placed on my account on 10th September 2022, after which there will be a sufficient amount on my account to pay the payment this month.Therefore, request you to accept my apology and accept me with the needful.Yours sincerely,Name : __________Signature : ______.
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SAMPLE 2: Moratorium request letter to bank manager.
Yours addressHere.ToThe Bank ManagerBank of Baroda________________ [Bank address][Pincode & State]Dated : The 4th September, 2022.Re: ______________________________.Dear Sir/Mr. (Name),I took advantage of a Rs. 75,000/- term loan under your bank's loan account number 987/321. I consistently pay the EMI for a loan of Rs. 5,000. But owing to the _______________, I cannot pay the interest EMI [Explaining your problems].ÂI seek an exception in respect of the guidelines for RBI published on the subject and request that the Bank provide me a three-month moratorium on the payment, from 7 September to November, 2021, of all instalments in my previously referred loan account due.ÂI would want the Bank to extend my loan as well as the remaining tenor by four months, to the current repayment plan.I am prepared to comply with all the Bank's terms and conditions and am obliged to regularly repay the above-mentioned debts until the moratorium period has elapsed.I also know that I remain unchanged and bound on all other Terms and Conditions of the letter of sanction and security papers for the loan mentioned above.Thrilling to thank you,Name : ____________________Signature/s of the Borrower.
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