Request Letter for the Payment of Personal Loan

Request Letter for the Payment of Personal Loan

[Here briefly describe on sample Request Letter for the Payment of Personal Loan. The request can be related to anything like seeking for the information, favor, permission etc. If you know the right to draft such a letter, then it can become easy for you to achieve the things that you intend to get. You can modify these sample as your requirement.]

From,

Sender Name…

Bank/Institute Name…

Office Address…

Date: DD/MM/YY (Date on which letter is written)

To,

Receiver name…

Job designation…

Institute name…

Subject: Request for the payment of a personal loan

Dear (Name/Sir),

This is to bring to the kind attention that you have still not made the payment against your loan dated (mention the date). (Describe in your words). We have sent you various correspondences regarding the same, but till date, we have not got a single response from you. (Explain actual problem and situation). Therefore, we request you to please make the payment at the earliest; otherwise, we will be sorry to take legal action against you. (Describe all about the situation and institute rules).

Please consider this letter as a last reminder and make the payment as soon as possible. (Describe your requirements). I am enclosing the details of your loan and its installments for your reference.

Yours truly,

Your name…

Job Designation…

Contact Info. and signature…

 

Another format,

From,

Your name/sender name…

Job designation…

Bank/Institute Name…

Date: DD/MM/YY

To,

Receiver name…

Job designation…

Institute name…

Subject: Requesting payment on your personal loan.

Dear (Name/Sir),

This letter serves as a reminder for you to make the payment of your personal loan by (date) of this month. (Describe in your words).  You have not paid your installments for the past three/four months (More/less) and we would request you to please make the payment on time otherwise the interest will be increased from 5% to 7.5% (As Institute policy). I am also enclosing the details of your payment records for your reference. (Explain all about the situation).

We would really appreciate if you could make the payment on time otherwise, we will be forced to take legal action against you. (Explain actual problem and situation).

You can contact me if you need any sort of clarifications regarding your loan and its repayment. (Describe your requirements).

Yours truly,

Your name…

Job Designation…

Contact Info. and signature…