Sample Application format for Bank Loan for Shop

Sample Application format for Bank Loan for Shop

[This is a sample application letter to bank manager for getting Bank Loan for Shop, new shop, purchase of shop, or buy raw material for shop etc. You should show a proper business plan. You can modify this format as your requirement.]

Date…

The Branch Manager,

Bank/Institute name…

Bank/Institute Address…

Subject: Letter for Business Loan for Shop

Sir,

I am indeed pleased to mention here that your bank and I have a strong relationship for past ten/twenty years, being an account holder in this bank. When I started my first job, I paid the visit of your branch and got the account opened. Since then, I am making all transactions and other works from this branch of (Bank/Institute name).

Now, it is to inform you that I have left the job and intend to start my own business in the shape of a garments / super shop (Type of shop). In order to run this new business of super/garments, I need a loan of (Amount of money) at least.

In this regard, if possible then direct your agent to visit the place/ shop which I am going to hire and brief me the terms and conditions of the loan and also apprise me of all mandatory documents to provide.

I look forward to hearing from you.

With regards,

Name…

Contact no. and Signature…