Letter

Business Loan Application Letter

A letter addressed to a bank requesting sanction of a business loan for a stated purpose.

APPLICATION FOR BUSINESS LOAN

[Company Letterhead]

Date: [DD/MM/YYYY]

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

Subject: Application for a business loan of Rs. [Loan Amount]

Dear Sir/Madam,

I/We, [Firm/Company Name], engaged in the business of [Nature of Business] and maintaining Current Account No. [Account No.] with your branch, wish to apply for a business loan of Rs. [Loan Amount].

The loan is required for [Purpose — e.g., working capital / machinery / expansion]. We propose a repayment tenure of [Tenure] and offer [Security/Collateral] as security. Our audited financials, GST returns and KYC documents are enclosed for your kind assessment.

We request you to process our application at the earliest and shall be glad to furnish any further information required.

___
[Applicant Name]
[Designation], [Firm/Company Name]

Before you use it — fill in / check

  • From (Applicant/Firm)
  • To (Bank & Branch)
  • Subject / Loan Amount
  • 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.