Write a letter as a customer to the bank for rescheduling your loan repayment program for some specific genuine reasons. - Banking Diploma Education

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Sunday, December 1, 2013

Write a letter as a customer to the bank for rescheduling your loan repayment program for some specific genuine reasons.


Q. Write a letter as a customer to the bank for rescheduling your loan repayment program for some specific genuine reasons.


Bright Poultry
13 Feku Ustagar Lane
Narinda, Dhaka 1204
Telephone: 02-716038 Fax: 02-716038

Our Ref: AB/Resheduling/01/09
Thursday, May 21, 2009

The Manager
Agrani Bank plc
Narinda Branch
Dhaka 1204

SUB: RESCHEDULING OF OUR LOAN REPAYMENT INSTALLMENTS.

Dear Sir,

We are grateful to your esteemed bank authority for sanctioning a term loan of Taka 25 lac in favor of our firm “Bright Poultry” in 2008. As you will find in your records we paid our loan installments regularly for the last 15 months.

As ill luck would have it, on the ground of epidemic ‘bird flue’ we were compelled by the concerned authority to cull our 3,700 chickens and the government has not yet given any compensation on that account.

In such circumstances it is not possible for us to repay the quarterly installments regularly. The due date of the next installment of Taka 3,75,000 is June 16, 2009. We would be highly obliged if your authority could grant rescheduling the term loan to our firm to be adjusted in nine years instead of in five years so that our quarterly installment stands at not more than Taka 2,00,000.


Thank you so much.

Sincerely,


Sadananda Paul
Managing Director

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