SBI Bank, Magadi Road Branch
Near Magadi Road metro station,
Subject: Letter to bank manager for vehicle loan
Good evening sir,
My bank account number is XXXX, and I have a savings account in your esteemed bank. For the past eight years of our collaboration, I have a spotless track record as a client.
I intend to purchase a car and would need the amount of 5 lakhs for it, which I offer to borrow from your bank.
Therefore, I humbly ask that you review and approve my loan application. I have read the loan’s terms and conditions, and I agree to all of them, including the requirement to make timely payments for each monthly installment. The financial support for the home loan will be greatly appreciated.
I am including the following documents to process the loan, and I would be more than delighted to comply with any further requirements made by the bank. Here is a copy of the pay stub for your reference.