A.3 Offer Issue with Repayment

You can view the letter that is shared with customer with the Offer details which is issued along with repayment schedule.

                                                                                                                                                                    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 Loan

Dear Sir/Madam,

We are pleased to inform you that your request dated <Application Date> (YYYY-MM-DD) vide application number <xxxxxx> for <Product Name> has been approved with the following parameters detailed below.

Approved Amount : <Currency + Approved Amount>
Approved Date : <Offer Issue Date> (DD-MM-YYYY)
Loan Tenure : <Tenure> Months
Offer Valid Period : <Offer Expiry Period> <Offer Expiry Term>
Interest Rate : <Latest Effective Interest Rate> %
Fee Amount : <Total Charges>
Repayment Type : <Repayment Type>
Installment Amount : <Installment Amount>

Please return this offer letter with your acceptance. If not returned on aforesaid date, this letter will be null and void. Acceptance of this letter will be at Banks sole discretion.

For any clarifications, please do not hesitate to contact Relationship Manager <Source Emp Name>.

Yours faithfully,
Bank Name
Repayment schedule Details:

We <Customer Name>, hereby accept this offer with the above terms and Conditions.

Name:
Signature:
Date:
Place: