Assume that you are a bank manager and one of your borrowers has failed to pay his/her last couple of installments. Write a letter to that client for repayment of the loan.
NRBC/Shibalaya/ Credit 2021/420
15.01.2021
Mr. Md. Rafiqul Islam
Managing Director
Haque Traders
Tepra, Shibalaya, Manikganj-1850
Subject: Notice for depositing overdue installments of your classified loan.
Dear Sir,
Please be informed that your loan account Haque Traders (0115-7340000008) is currently running with five installments overdue. As a result, the account has become a classified account as sub- standard and being reported to Bangladesh Bank. Despite several verbal and written remainders from us, you have been irresponsible about depositing overdue installments.
Now, we are in a position to serve you a final notice for adjusting the overdue installments on our befor 30.01.2021. Otherwise, we will have no option but to call back the loan as-per the sanction term.
Your cordial and quick response regarding this issue will be highly appreciated. For any clarification, please feel free to contact us.
Thanking you
Md. Safoan Hossain
PO & Manager
NRBC Bank Ltd.
Shabalaya Branch, Manikgonj.