write a latter to the bank requesting for overdraft facilities

Descriptive Topics : Write a latter to the Bank requesting forOverdraft facilities

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SAMPLE LETTER FOR SBI PO - Write a letter to the Bank requesting for Overdraft facilities.

17/361 Panchsheel Park New Delhi

21 May14

The Branch Manager Bank of CommerceDaryaganj, New Delhi

Sub: Request for Overdraft facilities.

Sir We are having a Current Account bearing No. 284 in your bank.Our monthly turnover is about Rs. 80 lakhs andnever has amount been overdrawn against our correct account. Also, not a single cheque of ours has been returnedover since we opened an account with you about nine years ago.We need additional funds of Rs. 2 crore, as we areplanning to enter into the export market. We have been able to raise Rs. 1 crore from our friends and acquaintancesbut we still need Rs. 2 crore and hence we request you for an overdraft facility of this amount.

We are enclosing a photocopy of our assessment for the previous year and copies of balance sheet and profit andloss account for the last three years for your perusal.We shall undertake to mortgage our stock which is always worthRs. 2 crore and above.We look forward to an expunctions response.

Thanking You

Yours faithfully XYZ Manager

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