ANNEXURE-I
LETTER OF REQUEST CUM SANCTION LETTER FOR ADVANCE UNDER PERSONAL
LOAN SCHEME FOR PENSIONERS
The Manager,
Punjab National Bank
______________________
______________________
Dear Sir,
Reg.: Advance under Personal Loan Scheme for Pensioners.
I request you to grant me an advance of Rs.__________(Rupees_________________ _____________only) for meeting my personal needs/medical expenses. I am eligible for the loan applied for under the above scheme for pensioners.
I am drawing a monthly pension of Rs.___________ (Rupees___________________________________________) having retired from _________________________ in the year _____. The pension is being credited in my SF/CA A/c No.________ maintained with your branch.
I agree to repay the said advance of Rs._____________ (Rupees _____________________________________) in 24 equal monthly instalments alongwith interest @ _____________ p.a. with ______________ rests. I agree to pay interest tax, if any, in force. The interest chargeable shall be subject to changes as prescribed by bank from time to time. In the event of my death or for any other reason deemed fit, the bank shall have the right to recall the loan outstanding immediately irrespective of repayment period fixed. I also agree to execute all the documents prescribed and to abide by all terms and conditions of the scheme from time to time.
Yours faithfully,
Place__________
Date__________ (Signature of the applicant)
Name:_________________________________
PPO No.________________________________ Res. Address.__________________________
________________________________________
COMMENTS / RECOMMENDATIONS OF APPRAISING OFFICER
(Signature & Name of Appraising Officer)
ORDERS OF THE SANCTIONING AUTHORITY
(Signature & Name of Sanctioning Authority)