Can anyone draft letter for request of takeover of limit from bank to be written by the propreitor...its urgent...
deepali agarwal (Company Secretary) (1289 Points)
21 July 2012Can anyone draft letter for request of takeover of limit from bank to be written by the propreitor...its urgent...
Ganeshbabu K
(Audit and Tax Advisory)
(48564 Points)
Replied 21 July 2012
i dont have that draft format,
u do search in following websites
Sanket
(!..Live to Give..!)
(16427 Points)
Replied 21 July 2012
Date : 21/07/2012
To,
The Manager
XYZ Bank,
CIty
Sub: Increase the current limit of OD/CC
Dear Sir,
We hereby request that you increase the limit on our credit facility to 1 crore in our A/c No. 1234567890 named XYZ Industries.
As you are aware, our revenues are seasonal and right now we are in expansion mode, and although we are now gearing up for our busiest season, we will not realize these revenues until later in the quarter. It is for this reason that we require a increase.
Please feel free to call me if you have any questions or comments or if you require any additional information. We anxiously await your response.
Sincerely
XYZ Industries,
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