To,
The Branch Manager,
ABC Bank,
Dear Sir,
Re : Request Letter for renewal in existing
working capital limits.
We are enclosing the following papers
as requested by you in letter dated
- Audited
financial statements as at 31.03.20XX
- Provisional
financial statements for 31.03.20XX.
- Projected
Balance Sheet as on 31.03.20XX & 31.03.20XX duly certified.
- Copy
of Income-Tax return for 31.03.20XX and
31.03.20XX.
I confirm that the information furnished is true and
projections made are reasonable considering the performance and the present
industry scenario.
I also undertake to use the bank’s funds for the stated
purpose. I undertake to abide by the rules, terms and conditions of the bank
from time to time. I also undertake not to open any current accounts/apply
for credit facilities with banks other
than those mentioned in our above application without your prior consent.
I undertake to meet the legal opinion charges / Advocate fees, Valuation fees, inspection charges,
Stock audit / concurrent audit charges etc. as per Bank’s rules from time to
time.
I request you to renew our existing working capital limits.
Place : Yours
faithfully,
Date :
For XYZ Ltd.
Proprietor/Partner
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