Personal Loan Application Letter

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PERSONAL LOAN APPLICATION LETTER

[DATE]

Dear [RECIPIENT NAME],

My name is [YOUR NAME] and I am writing this letter to apply for a personal loan from your financial institution, [NAME]. I am a salaried individual and I am currently working at [YOUR COMPANY NAME] in the position of [POSITION].

I am in requirement of personal loan to the tune of $[NUMBER]. I need the loan for [DETAIL].
I have reviewed all the loan requirements and have attached the needed documents along with loan application.

Thank you for taking time to review my application. For any additional clarifications regarding my application, please feel free to contact me at [YOUR PHONE NUMBER] or write to me at [YOUR EMAIL ID]. I am looking forward to your favourable response to my application.

Regards,

[YOUR SIGNATURE]

[YOUR NAME]