Loan Acceptance Letter
Dear [Borrower’s Name],
I am pleased to inform you that your loan application has been approved by [Lender’s Name]. We are excited to be able to offer you the funding you need to achieve your financial goals.
The loan amount you applied for is [Loan Amount], with an interest rate of [Interest Rate] percent per annum. Your repayment schedule has been calculated for [Repayment Term] months, with a monthly installment of [Monthly Installment Amount]. You will receive the loan amount in your account within [Disbursement Timeframe] working days from the date of acceptance of this letter.
Please take a moment to review the loan agreement that has been enclosed with this letter. The agreement outlines the terms and conditions of your loan, including the interest rate, repayment schedule, fees, and charges. It is important that you read and understand these terms before signing the agreement.
If you have any questions or concerns regarding your loan or the loan agreement, please do not hesitate to contact us. Our customer service team will be happy to assist you and answer any questions you may have.
We appreciate your business and look forward to a successful relationship with you. Thank you for choosing [Lender’s Name].
Sincerely,
[Lender’s Name]