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Application

Business Loan Application

A formal application to request a business loan from your bank.

Application for Business Loan

Date: [DD/MM/YYYY]

To,
The Branch Manager,
[Bank Name],
[Branch Address]

Subject: Application for sanction of a business loan of ₹[Amount]

Respected Sir/Madam,

I, [Applicant Name], proprietor of [Firm Name] holding Current Account No. [Account Number] with your branch, request a term loan of ₹[Amount] to [purpose, e.g. purchase machinery / expand operations]. Our business has a stable turnover and I undertake to repay the loan in [Tenure] months as per your terms.

I am enclosing our audited financials, GST returns, ITR and KYC documents for your assessment. Kindly process my application at the earliest.

Enclosures: Financial statements, GST returns, ITR, KYC, project report.

Thanking you,

Yours faithfully,
[Applicant Name]
[Firm Name]
Mobile: [Phone]

Before you use it — fill in / check

  • Applicant
  • To/Bank/Authority
  • Detail
  • Date

How to use this template

  1. Read through and replace every [bracketed] or blank placeholder with your actual details.
  2. Delete any clause that doesn't apply and add anything specific to your situation.
  3. Click Print / Save as PDF to download, or Copy text to paste into your letterhead.
  4. Get it signed / stamped / notarised as required, and keep a copy for your records.

This is a general, editable template for convenience only — not legal advice. For anything material, have a professional review it. TaxClue isn't liable for how it's used.