HDFC Bank Loan Rejection Letter Sample

Subject: Loan Application Rejection

We regret to inform you that your application for a loan with HDFC Bank has been unsuccessful. After a thorough review of your application and supporting documents, we have determined that we are unable to proceed with the approval of your loan at this time.

The primary reasons for the rejection of your loan application include the following:

1. Credit Score: Your credit score did not meet the minimum threshold required for loan approval.
2. Income Verification: The income details provided could not be sufficiently verified.
3. Employment Status: Your current employment status does not align with our lending criteria.
4. Existing Liabilities: The current level of your existing financial liabilities exceeds our permissible limits for this loan category.

We understand that this news may be disappointing. We encourage you to review the above reasons and consider addressing any issues that may improve your eligibility for future applications.

For a detailed explanation of our decision or if you need further assistance, please contact our customer service department at [Customer Service Contact Information].

Thank you for considering HDFC Bank for your financial needs. We look forward to serving you in the future.

Sincerely, [Your Name] [Your Position] HDFC Bank