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Sanction Letter Format

An education loan of Rs. xxxx lakhs has been sanctioned to xxxxxxxxx for pursuing education under the xxxxxxxxxxxx Scheme. The letter provides details of the borrower, loan amount, interest rate, processing fees, guarantor, security offered, moratorium period, loan tenure, monthly EMI, and standard covenants. The recipient is requested to provide acceptance of the sanction letter.

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15K views1 page

Sanction Letter Format

An education loan of Rs. xxxx lakhs has been sanctioned to xxxxxxxxx for pursuing education under the xxxxxxxxxxxx Scheme. The letter provides details of the borrower, loan amount, interest rate, processing fees, guarantor, security offered, moratorium period, loan tenure, monthly EMI, and standard covenants. The recipient is requested to provide acceptance of the sanction letter.

Uploaded by

cajasmeet
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Dt:

To
xxxxxxxx
R/O xxxxxxxxxx
xxxxxxxxx

Reg: Sanction of Education Loan in favour of xxxxxxxxx for Rs xxxx lakhs

We are pleased to inform you that an Education Loan of Rs xxxx lakhs has been sanctioned in favour
of xxxxxxxxxxx for pursuing education under xxxxxxxxxxxx Scheme

The details of sanction are as under:


Name of Borrower
Loan amount
Margin
Name of Course
College/ University
Rate of Interest
Processing Fees
CIBIL Charges
Pre payment charges
Guarantor
Security/ IP offered
Moratorium
Tenure of Loan
Monthly EMI
Covenants Standard Covenants as per Bank guidelines.

You are requested to please give your acceptance on the sanction letter.

Regards

Xxxxxxxxx
Branch Manager

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