Letter : To bank asking for a loan

To your bank asking him for a loan
Kiran & Co..,
Dealers in Antique and Sporadic articles,
karachi.
April 05, 2014
The Manager,
A.B.C. Ban kLtd,
North Nazimabad,
Karachi.
Dear Sir,
Re : Advance of Rs. 100,000/-
We have been dealers in Antiques and Sporadic articles since 1999 maintaining a/c no 1(21234 with you with average balance running in five to six figures.
To bridge over our financial stringencies, we immediately need rupees one lac as temporary loan repayable in lumpsum after six months. To secure your advance we are prepared to pledge with you N.ITTS of the face value of Rs 1,50000/- in the personal name of the proprietor.
We hope you will be kind enough to sanction us the required loan.
Yours faithfully,
Kiran Hinny
Proprietor
Kiran and Co.

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