A.4 Loan Approval
Bank Name Branch To, Customer Name Address Line 1 Address Line 2 State City Pin code Atten: Mr/Mrs. Customer Name(s) Re: Approval of <Currency> <Loan Amount> for <Product Name> Dear Sir/Madam, We are pleased to inform you that your request dated <Application Date> (YYYY-MM-DD) vide application number <xxxxxx> has been approved with the following parameters detailed below. Offer Accepted Date : <Offer Accepted Date> (DD-MM-YYYY) Disbursement Date : <First Disbursement Date> (DD-MM-YYYY) Loan Amount : <Currency> <Loan Amount> Loan Tenor : <Tenure> Interest Rate : <Effective Interest Rate> % Repayment Type : <Repayment Type> Installment Amount : <Installment Amount> Disbursement Account : <Disbursement Account> Yours faithfully, <Bank Name>
Parent topic: Advices