A proposal letter is written by a finance company to the bank to merge with the bank to save the interests if the company. The letter, in brief, discusses the many achievements of the company so that the bank is convinced and accepts the proposal. The letter is written formally and is written by the director of the company to the Bank manager.
Table of Contents
Proposal Letter to Bank Writing Tips:
- Address the bank manager well at the start of the letter
- Write in a pleasing and formal format
- Avoid making unnecessary grammar and spelling mistakes
- State the reason for merging with the bank
- Do not deviate from the topic midway
- Make sure you do not miss any point while writing the letter
Proposal Letter to Bank Template
From,
__________
__________
__________
__________
Date: _____ (Date on Which Letter is Written)
To,
__________
__________
__________
__________
Subject: Proposal letter to Bank
Dear _____(Sir or Madam)
I Mr. …..(Name of the sender) The director of …………(name of the company) is writing this letter to you to keep in front of a proposal. I would like to merge my company with your bank as I would be shifting from my current location. As I won’t be able to handle it further, I want you to take the responsibility. Our finance company has been running in good terms, and in the past, we have made a good amount of profits. You can go through our statistics and then conclude. Till then would be waiting for a positive reply.
Yours Truly,
Name of the Director
Sign of the Director
Download Template (Doc and PDF)
Proposal Letter to Bank Sample, Email and Example/Format
Sample
From,
Vinu John,
23 Imperial Towers,
Powai,
Mumbai
Date: _____ (Date on Which Letter is Written)
To,
HDIC Bank,
34 Gangar Complex,
Mulund,
Mumbai
Subject: Proposal letter to Bank
Dear Sir,
I the chairman of XYZ finance company am writing this letter to you to propose to you to merge our company with your bank. I am writing this letter after considering all the aspects well. I am planning to merge our company with yours as I want to see my company progress. As I would be shifting from Australia I want someone to take up my company and the best way would be by merging with yours.
If you need to check our company details and the profits, we have made till date you can go through our company website. You can probably get all answers to your questions there. Furth,ermore if you find our company eligible and agree for the merge do reply to this letter or you can contact me on my personal number. Till then, would be awaiting your reply for the same.
Thanking You
Yours truly,
Name and Signature
Email Format
This proposal letter has been written to offer a merger of a company into a larger one to protect the interests of the company. The letter includes the request on behalf of the director stating the various achievements of the company as well as the situations resulting of this possible merger.
To: name@email.com
From: name@email.com
Respected sir,
This is John Baxter, Director of Money Solutions, Vancouver which is a leader non banking financial organisation. It would be a great step in the business world if my company merges with yours as I want to see the bright future of my company which is only possible through this. I am planning to settle down in the USA.
I am proud to inform you that our NBFI has paid up capital of 400 million and also provided authorized capital of 220 million which is incredible bona fide. Its liquidity is 12.24% and a net asset value of 660 million. With the branches spreading over Canada and work force of 1800 employees, this 150 years old organisation is designated to move ahead.
If the merger suits your plans, I would like to appeal to the concerned authorities to allow approval for the same.
Thanking you.
Sincerely,
John Baxter,
Director,
Money Solutions.
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