Positive Reply to The Letter of Request for Overdraft

Business Letters Index

This is sample Positive Reply to The Letter of Request for Overdraft.

Dear Sir,

This is with reference to your letter dated 12th March 2008 regarding an overdraft facility of Rs. 80,000. We shall be glad to offer this facility at the bank rate of 12% provided you can mortgage property worth Rs. 100,000. We enclose necessary forms and promissory note. Please sign and return the same and advice your representative to see us personally on any working day between 10 a.m. and 2 p.m.

Thanking you.

Yours faithfully,

Manager16th March 2009Date

Positive Reply to The Letter of Request for Overdraft

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