Write a letter to Bank Manager for applying gold loan providing all necessary documents

Gold loan from a bank is a secure arrangement for obtaining fund to start a business or pay the education of your child. However, all necessary documents and criteria need to be fulfilled in order for the bank to approve the loan. Also, the bank must be convinced that the loan applicant has the required credibility to pay back the loan in future. Other details like why the loan is required or how the mode of payment is going to be are also required. This is a simple request letter to a Bank Manager for applying for a gold loan. The letter addresses the question of properly presenting the request to the concerned person. It can be modified according to situation and preference.

To
The Bank Manager
Bank Name
Branch Name
Address of Bank

Sub: Application for gold loan

Dear Sir/Madam,

                              I urgently require a sum of 7 lakhs for the higher studies of my son. I would like to avail the above mentioned sum as loan from your bank against gold ornaments as security deposit. I would like to pay the interest in monthly mode by NEFT. Hence, I would request you to kindly process and grant my loan application. I have gone through the terms and conditions of the loan and I accept all the conditions including paying the monthly installments on time. I will be highly grateful for the financial assistance for the gold loan.

                              I am attaching the below mentioned enclosures along with the filled up application form for processing the loan. I would be very much happy to oblige any other formalities required by the bank. In case, the bank requires any other clarification, I can be contacted at [mobile number] or by email [email address].

                                This is for your kind information and necessary action.

                                                                                                            Yours faithfully,

                                                                                                             Your Name

                                                                                                             Your Address

                                                                                                             Your Contact No.

Date:
Place:

Enclosures:

1. ID proof

2. Address proof

3. Filled up application form