Sample letter to client for rejection of loan request application letter from bank. Letter to inform client that loan request has been rejected, and objections.
Mr. Jack Hemingway,
0000 Satellite Town, London.
October 24.
Dear Sir,
REJECTION OF REQUEST FOR LOAN
It gives us a pain to apprise you that your request for the loan of 5 Million dollars has been rejected by the board of directors of our bank. The main reason for this rejection was found to be the short amount of salary you are earning, being a job holder in a government service. As you have no source of income other than this job, and the bank has strong reservations over your way of returning this huge amount of loan.
Anyhow, we would always be available to serve you in other matters.
Hoping to serve you in a better way.
Manager Operations,
Standard Bank, Wales
Hamza
House no XX, Street X, Dual Street, New Town
Mall Square, Malay 45600
Subject: LETTER FOR REJECTION OF LOAN REQUEST
Respected Customer,
This letter is to notify you about the rejection of your loan request that you submitted at Celibry Bank Pvt. Ltd. Unfortunately, You were failed to fulfill the criteria that is must for the loan approval at our bank, or the credentials, and assets that you provided failed to be verified by our verification team. Thanks for showing interest in our loan scheme.
You may contact the concerned branch for further queries if any.
Loan Department
Celibry Bank
Malay
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