Sample Application format for Bank Loan for Shop
[This is a sample application letter to bank manager for getting Bank Loan for Shop, new shop, purchase of shop, or buy raw material for shop etc. You should show a proper business plan. You can modify this format as your requirement.]
Date…
The Branch Manager,
Bank/Institute name…
Bank/Institute Address…
Subject: Letter for Business Loan for Shop
Sir,
I am indeed pleased to mention here that your bank and I have a strong relationship for past ten/twenty years, being an account holder in this bank. When I started my first job, I paid the visit of your branch and got the account opened. Since then, I am making all transactions and other works from this branch of (Bank/Institute name).
Now, it is to inform you that I have left the job and intend to start my own business in the shape of a garments / super shop (Type of shop). In order to run this new business of super/garments, I need a loan of (Amount of money) at least.
In this regard, if possible then direct your agent to visit the place/ shop which I am going to hire and brief me the terms and conditions of the loan and also apprise me of all mandatory documents to provide.
I look forward to hearing from you.
With regards,
Name…
Contact no. and Signature…
