An authority letter for gold jewelry or Pledger's Authority Letter is a document that grants permission or authorization to an individual or organization to hold, manage, or deal with gold jewelry items on behalf of the owner, often as part of a loan or collateral arrangement. This letter is commonly used in shops, financial institutions, or lending agencies where individuals can pledge their valuable assets, such as gold jewelry, in exchange for a loan or credit. Given below is a sample letter to to bank manager regarding pledged gold jewelries.
To
The Bank Manager
Bank Name
Bank Address
Subject: Authority Letter for Handover of Pledged Gold Jewelries under Gold Loan Account No: 123XXXXXXX
Sir/Madam,
I am writing this letter to authorize the handover of my pledged gold jewelries under Gold Loan Account No: 123XXXXXXX with your esteemed bank. Due to unforeseen circumstances, I am unable to personally visit the bank to retrieve the pledged gold jewelries. Therefore, I hereby authorize Mr. ABC, who is duly authorized to act on my behalf, to collect the pledged gold jewelries from your bank on my behalf.
The details of the pledged gold jewelries are as follows:
Description of Jewelries:
Pledge Date:
Approximate Value:
Pledged By:
I understand that ABC will provide proper identification and complete any necessary formalities required by the bank to ensure a smooth handover process. In addition, Mr. PQR, whose signature is affixed below, is a witness to this authorization.
I kindly request you to provide all necessary assistance to ABC during the process of collecting the pledged gold jewelries. Once the jewelries are retrieved, I authorize ABC to sign any documents or acknowledgments on my behalf to acknowledge the receipt of the pledged items.
Attached to this letter, please find copies of my identification documents, as well as a copy of Witness's identification for your reference.
Please do not hesitate to contact me at [Your Phone Number] or [Your Email Address] for any clarifications or further information.
Thank you for your prompt attention to this matter.
Sincerely,
Your Name
Your Address
[Representative Name] [Witness Name]
Signature: ___________________ Signature: ___________________
Date: ________________________ Date: ________________________
Attachments:
Copy of Identification Document, e.g., Passport/Driver's License
Copy of Witness's Identification Document
Copy of Representative's Identification Document
0 Comments