Personal Loan Application Letter Sample Word Format

I am writing to apply for a personal loan with [Bank/Financial Institution Name]. I have been a customer with your institution for [number] years and have always been satisfied with the services provided. I am seeking a loan of [amount] to [reason for the loan, e.g., consolidate debt, make home improvements, cover medical expenses, etc.].

Personal Details:

• Full Name: [Your Full Name]
• Address: [Your Address]
• Phone Number: [Your Phone Number]
• Email Address: [Your Email Address]
• Date of Birth: [Your Date of Birth]
• Social Security Number: [Your SSN]

Employment Details:

• Employer: [Your Employer's Name]
• Job Title: [Your Job Title]
• Monthly Income: [Your Monthly Income]
• Employment Duration: [Length of Employment]

Financial Information:

• Current Bank Balance: [Your Bank Balance]
• Monthly Expenses: [Your Monthly Expenses]
• Existing Debts: [List of Existing Debts]

Loan Details:

• Loan Amount Requested: [Requested Amount]
• Loan Term: [Desired Term, e.g., 12 months, 24 months]
• Purpose of the Loan: [Detailed Purpose]
• Repayment Plan: [Your Proposed Repayment Plan]

I have attached all necessary documentation to support my application, including proof of income, bank statements, and identification. Please let me know if any additional information or documentation is required.

Thank you for considering my application. I look forward to your positive response.

Sincerely,
[Your Full Name]