Letter to A Customer Regretting Inability to Grant Overdrafts




Letter to A Customer Regretting Inability to Grant Overdrafts :


Bank of ABC

191 / N - Patricia Avenue
Liverpool – 600 020
Phone : 0011 - XXXXXXXX
Fax : 0011 - XXXXXXXX



May 5 - 2009


To :

Mr. Ajanta Prakashan,
326 / H - Raman Nair Street,
Maalyvalley – 682 016.


Dear Sirs,


I have received your letter of 29th April applying for an overdraft of Rs. 23,000 on the security of the deeds of the property in Greater Kailash - New Delhi in the name of Mr. Som Nath.


I regret to inform you that the Bank is unable to accede to your request on account of insufficiency of the cover offered. The suggested security does not fully cover the risk. We can therefore permit an overdraft of Rs.10,000. But if you can lodge with us an additional security, we shall reconsider your request for overdraft of a higher amount.


Yours Truly,


For Bank of ABC


(V. RAJAN PETER)

Manager




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Letter to A Customer Regretting Inability to Grant Overdrafts
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