[Date]

[Name of Bank]
[Address]
Dear Sirs,

RE : REDEMPTION STATEMENT CUM UNDERTAKING

PROPERTY:
BORROWER(S)/VENDOR(S):
PURCHASER(S):

We refer to the above matter in which we act for the borrower.

The vendor has by a sale and purchase agreement dated sold the said property to
the purchaser.

We understand that the purchaser/borrower has obtained a loan from yourselves to

finance the purchase of the said property.

We are further instructed that the purchaser/borrower has now agreed to obtained a term
loan of RM from of

In view of the above kindly let us have your redemption statement stating the amount
payable to yourselves to redeem the property and your undertaking addressed directly
of for our onward transmission to them that upon receipt of the redemption
sum you undertake:

(a) To forward to us the original title and duplicate charge together with the duly
executed and registrable discharge of charge under Form 16N;
(b) To refund to us the said redemption sum in the event that the discharge cannot be
registered for any reason whatsoever;
(c) To forward to us any other relevant documents and
(d) To confirm that the property is not under any foreclosure proceedings.

Kindly acknowledge receipt of the above by signing and returning the duplicate hereof.

Your prompt attention in the matter would be much appreciated.

Thank you.

Yours faithfully,
Messrs