Letter To Bank For Education Loan Repayment Extension [2021].

Letter To Bank For Education Loan Repayment Extension [2021].

Letter to bank for education loan repayment extension

Your queries about Letter to bank for education loan repayment extension is readily made accessible for you in this blog.

After applying for educational loan, you may occasionally find yourself in a financial bind that prevents you from making your instalment payments on time. 

In such a case, Formal Letter to Bank Manager for Repayment of Loan
repayment is needed.

In this article, I've share 2 awsome sample letter to bank for educational loan extension.

1. Letter to bank for education loan repayment extension

34 - JC Nagar
Mumbai, 700972
India.

To
The branch manager
Bank of India
JC Street/45
Mumbai - 700972
India.

The 9th February, 2022.

Subject, Extension of time for making education loan payment.

Dear Sir,

I am Francis D'Angelo, writing this letter to request that you grant me an extension on the repayment of my educational loan with your bank. 

I'd like to draw your attention to the fact that my educational loan began with your bank in the month of November, 2021 and lasted two years.

And, according to the terms of my educational loan, the final instalment will be due in September, of 2022.

I've had a savings account with your bank for the past nine years, and my track record of banking transactions has been excellent during that time.

I also hold another vehicle loan and this is the reason I am requesting an extension period so that I can repay the loan comfortably.

I would appreciate it if you could give me a five-month extension to repay the loan.

I am hopeful that you will take my request into consideration and grant me an extension.

Yours sincerely,
Francis D'Angelo
Signature : _________________.

MUST READ|How to write application for educational loan?


2. Sample letter to bank for education loan repayment extension.

Your address.

To
The brach manager
Bank name 
Address of the bank.

Dated : 9th March, 2022.

Subject, Application for education loan repayment extension.

Dear Sir,

With due respect, I, Merlin Das, education loan holder of your bank, Account Number __________________. 

This application is to state that my financial situation does not permit me to make a payment today.

Therefore,  I respectfully request that the repayment period be extended, till September, 2022.

Thank you in advance.
Yours sincerely,
Merely Das.

You'll need|Letter to Bank Manager for Educational Loan repayment.

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