[Below briefly describe on Request Letter for Credit Increase by Client to Bank. This letter is a client of the bank who has already taken credit but now wants to increase the amount of his credit. These types of letters should have all the necessary information that is crucial for the smooth transaction of the procedure. You can make changes as per your requirements.]
Sender name (your name)
Date: DD/MM/YY (Date on which letter is written)
(name of the recipient)
(Bank name and address)
Sub: Request for Credit Increase
Dear (name of the recipient),
I have recently taken credit from your bank regarding (Show your cause). But, due to some increase in overhead cost, I would request you to please increase the credit from (present amount) to (Required amount). I would like to bring to your kind attention that I am regularly paying the interest on a monthly basis. (Describe in your words). As per the interest, you are charging it will be economically feasible for me to pay the interest even after the required credit increase. (Explain all about the situation).
I have called your bank, and they have told me to enclose some documents about the credit increase. I am doing the needful as per the instructions were given. (Cordially describe all about your requirements). I would be very grateful to you if you could look into the matter and increase my credit on a priority basis. If you have any doubts regarding this matter, call me at (give your mobile number) so that I can meet you in person to explain you in detail. Hoping for a positive and quick reply from you.
Your Name and Signature…