Sample Application to Bank for Study Loan

Sample Application to Bank for Study Loan

[Here briefly focus on Sample application letter to Bank for Study Loan. You must show your reasons like financial problems, father unemployment, or related reason. You can modify this format as your requirement.]

Date…

The Branch Manager,

Bank/Institute name…

Bank/Institute Address…

Sub: Application for Study Loan

Dear Sir,

This application is to request a loan to meet my present educational needs. I am a day scholar at National Institute (Institute name and other information). To pay for my examination and lab fees I need to pay a lump sum amount of (Amount of money) in the next month (Date). To meet my present needs I work part-time in a research institute and receive an (Amount of money) a week. So to pay such a huge amount in lump sum is difficult. (show your actual problem and situation).

I request your bank to issue me I student loan of (Amount of money) which I would return your bank within two months (As your requirement). I am ready to deposit any kind of security your bank needs. This would be great if all the procedures are done in a short period of time in order to pay my fees in due time.

Regards,

Name…

Educational Registration no…

Contact no…

Address…

 

Another format,

Date…

The Branch Manager/Managing Director,

Bank/Institute name…

Bank/Institute Address…

Sub: Letter for a Loan to Have Higher Studies in the USA/UK

Sir, I am (Name) and I recently completed my (Degree name) studies. I applied for higher studies in the USA/UK/Canada and with the blessings of my family; I got selected at (Institute name). However, the road to success is not paved with flowers. The lack of financial resources is hindering my way to the top. Also, this would become a huge burden on my parents’ shoulders. (show your actual problem and situation).

Therefore, I request you to kindly grant me a loan so that I can pursue my studies at one of the best universities in the World. Thank you for your consideration. I look forward to be hearing from you in the near future.

Yours sincerely,

Name…

Educational Registration no…

Contact no…

Address…