Loan Acknowledgement Letter
Dear [Name],
We are pleased to inform you that we have received your loan application and have carefully reviewed it. We are happy to approve your request for a loan of [Loan amount] at an interest rate of [Interest rate]%. We believe that this loan will assist you in achieving your financial goals and we are delighted to have the opportunity to support you.
As a part of our loan approval process, we will require you to provide us with some additional information and documents. We will send you a separate email with the list of documents we require for the loan disbursement.
Please note that this loan agreement is subject to the terms and conditions set out in the loan agreement that you will receive along with this letter. We urge you to carefully read and understand the terms and conditions of the loan agreement before signing it.
Once you have signed the loan agreement and provided us with all the required documents, we will initiate the disbursement process. We will transfer the loan amount to your designated account within [Number of days] working days.
Thank you for choosing our institution for your financial needs. We are confident that our services will meet your expectations.
Sincerely,
[Your Name]
Sample letter from bank or financial institution to confirm a client’s loan
[Date]
[Bank Name]
[Address]
To whom it may concern:
This is to acknowledge that [Mr. John Smith] has taken a loan from [bank name] with reference number [account or loan number] on [loan start date].
The outstanding amount as of this date is [USD 123456].
This letter has been provided upon his request with no liability to the bank whatsoever.
Sincerely,
Sample letter to request for a loan acknowledgement letter from your bank or the lender
Dear [Bank Name],
With reference to account number [12346], I would like to request from your respected bank to provide to me a loan acknowledgment certificate addressed to [someone].
Thank you.
Regards
How to write a letter to confirm a loan?
- Write down the borrower’s name and account/loan number.
- State the loan date.
- Indicate the outstanding amount against the loan.
- Include a liability waiver clause.