A Letter to Decline a Loan Offer

If you want to inform anyone whose loan offer has been declined by your organization or bank then you must have to write a letter with proper points. Now it’s crucial to mention all of the points one by one.

Here we have provided some sample letters regarding this topic. Now follow the below letters and complete your letter. While writing you must have to mention the name, application ID of the applicant, some words to express why his loan offer is declined.

Template: 1

 [ Insert the Sender’s Address]

———- [ Address Line1] ———–

———- [ Address Line 2] ————

[ Insert the Date of sending the letter]

[ Insert the Receiver’s Name]

[ Insert the Receiver’s Address]

———- [ Address Line1] ———–

———- [ Address Line 2] ————

Dear Mr./ Mrs./ Ms. [ Insert the name of whomsoever it is concerned to]

 SUB: [ Insert the subject concerned to the letter]

Greetings of the day!

 We appreciate the time and interest you have taken to choose [ Insert the Name of the Organization or Respective Bank].

We had received your application holding the application ID: [ Insert the application ID] concerning the request of a loan you had applied for the sum of [ Insert the amount of money requested along with currency]

According to our data, you had already taken a loan for the sum of [ Insert the amount of money along with currency] on [ insert the date of taking the loan]. The loan is still due on [ insert the due date of the loan], because of which, providing another loan would be against the Bank’s rules.

This letter was to extend our apologies and inform you that we will not be able to process your request for the sanction of a loan for the same reasons.

We anticipate hoping that you will understand our policies. For further queries regarding this, please feel free to contact us via email on [ Insert email address of the bank] or visit our website [ Insert the bank’s website].

Thank You very much for your cooperation.


[ Insert the Full Name of the Sender]

[ Insert the Designation], [ Insert the Name of the Organization or the Bank]

[ Insert Contact Details]

letter to decline loan offer

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