LOAN EMI SETTELEMENT FOR BANK/NBFC-
LOAN EMI SETTELEMENT FORMAT IN WORD-
DATE- ( NAME OF BANK YOU HAVE AVAILED LOAN)
(FULL ADDRESS OF BANK )
(Borrower Full Name)
(Borrower Full Address)
Loan Account Number- Full Account Number With All Details
Dear Sir/Madam,
I am writing to you regarding the money
you are claiming payment for, on the above account.
I am unable to repay
this amount in full due to (explain your current circumstances that prevent you
from repaying this debt in full to ensure the creditor understands your
situation).
I can instead offer the
total amount of Rs (Insert the amount you are able to pay) as a full and final
settlement.
If this is accepted,
you agree that you or any associate company can take no further action against
myself to enforce or collect this debt and that I will be released from all
liability.
Please also confirm that you will also mark
my credit reference agency file to show that you have accepted the above amount
as the full and final settlement and that the account is closed and paid.
I am able to pay the
amount I have offered within (insert length of time within which you can pay)
once you have accepted my offer and I have received written agreement of this .
Please confirm where
to make payment to.
Your
Faithfully
(Full Name and Full Account Number)
AAP YAHA PAR ESE DOWNLOAN BHI KAR SAKTE HAIN-
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