You’re running a Boutique, which wants to replenish its stock in view of the forthcoming festival season. Draft a requisition to the bank asking to grant an overdraft facility for Rs. 10 lakhs.
From:
ABC
Manager
XXX Boutique
Address
Date:
To,
The Branch Manager
XYZ Bank
Address
Sub: Request to grant an overdraft facility of 10 lack rupees for our boutique view of forthcoming Noboborsho.
Dear Sir,
I am owner of XXX Boutique, writing this letter requesting you to grant us an overdraft facility of 5 lakh for a period of 2 months from April to June 2022 . Our Company has a current account in your bank since last 15 years with account no xxxxxxxx3654. For all these years your bank constantly support us which helps us to grow our business. This overdraft is required for fullfil the financial needs of our boutique during the Noboborsho. Our boutique is opened 20 years ago. You know we design our own clothings. Our experience in this business for the last 20 years tells us that the Noboborsho creates a huge demand for new clothes. Looking this, we have started placing orders for the supply of raw materials to replenish our stocks.
Our suppliers generally do not extend fairly long-term credit facilities, so we have to request you to grant us an overdraft facility as stated above. We offer papers of one of our shops as security guarantee.
I now humbly request you to look upon our request and approve my request. I look forward to hearing from you at your convenience.
Thanking you.
Yours Truly,
ABC