Write in reply a letter to a customer informing him about formalities required for consumer loan to buy household goods.

Our Ref: ABnawab/Consumer Loan/07/12

Sunday, May 02, 2012

Mr. Mahbubul Alam Khan

17 Patla Khan Street

Dhaka 1204

SUB: FORMALITIES FOR LOANS FOR BUYING HOUSEHOLD GOODS

Dear Sir:

Thank you so much for your letter dated 22 April, 2012 where you have requested us to let you know the formalities you have to complete in order to apply for loan to purchase household goods.

You would be glad to know that we have loan product called “Consumer Loan” which we offer to a customer at an interest rate of only 12.50% repayable within three years at equal monthly installments, provided you are employed in a good organization on monthly salary which can cover the repayment installments after meeting own expenses.

What you need to do is visit our office on any day along with National ID Card and a certificate from your employer on your monthly salary and a certificate from your bank that you have not availed any bank loan. If we get clearance from your employer and the Central Intelligence Bureau of angladesh Bank about your credit worthiness it would take not more than 15 days to sanction a ‘consumer loan’ of any amount for purchasing any household item like a freezer, a television, a sewing machine etc.

Thank you for your interest in our bank.

Sincerely,

x
Manager