English Practice - Letter - FPO Loan - 24.07.

21 2
English Practice - Letter - NPA customer - 06.10.21 4
English Practice - Letter - Housing Loan - 10.10.2021 7
2.

The Secretary,
Radha Farmers’ Produce Organisation,
Silchar,
Assam – 782301.

Date: 24 July, 2021

The Branch Manager,

State Bank of India,
Silchar Branch,
Assam – 782302.

Subject: Regarding request for loan under the Prime Minister Farmer Development Programme

Respected Sir/Madam,

I am Manish, the secretary of Radha FPO. I am writing this letter to you to place a request for a loan to
our FPO under the Farmer Development Programme.

As per the guidelines of the scheme, any FPO whose majority members are small and marginal farmers
can avail loan from the State Bank of India for purchasing new farm equipments. As 77% of the
members of the Radha FPO are small and marginal farmers, we are eligible under the scheme. The FPO
intends to purchase ten combine harvesters for the benefit of its members and wishes to avail the loan
facility under the scheme for this purpose.

The following documents are enclosed along with this letter:

1. Duly filled loan application form

2. FPO Registration Certificate
3. Membership Registry attested by the District Collector
4. Annual Financial Statement of the FPO of the last three years
5. Annual Development Plan of the FPO
6. Quotation for ten combine harvesters

The Radha FPO requests you to grant the loan and kindly inform the decision to us at the earliest.

Sincerely,

Manish Malhotra,
The Secretary,
Radha Farmers’ Produce Organisation.

Words : 227
Time taken : 26 minutes
Grammarly score : 91
The Secretary,
Radha Farmers’ Produce Organisation,
Silchar,
Assam – 782301.

Date: 24 July 2021 (no comma after July)

The Branch Manager,

State Bank of India,
Silchar Branch,
Assam – 782302.

Subject: Regarding a request for a loan under the Prime Minister Farmer Development Programme

Respected Sir/Madam,

I am Manish, the Secretary (use capital everywhere) of Radha FPO. I am writing this letter to you to
place a request for a loan to our FPO under the Farmer Development Programme.

As per the guidelines of the scheme, any FPO whose majority members are small and marginal farmers
can avail loan from the State Bank of India for purchasing new farm equipments. As 77% of the
members of the Radha FPO are small and marginal farmers, we are eligible under the scheme. The FPO
intends to purchase ten combine harvesters for the benefit of its members and wishes to avail OF the
loan facility under the scheme for this purpose.

The following documents are enclosed along with this letter:

1. Duly filled loan application form

2. FPO Registration Certificate
3. Membership Registry attested by the District Collector
4. Annual Financial Statement of the FPO of the last three years
5. Annual Development Plan of the FPO
6. Quotation for ten combine harvesters

The Radha FPO requests you to grant the loan and kindly inform the decision to us at the earliest.

Sincerely,

Manish Malhotra,
The Secretary,
Radha Farmers’ Produce Organisation.

New Grammarly score : 98

2.

The Branch Manager,

State Bank of India,
Gandhipuram Branch,
XYZ district – 123456.

Dated: 6 October 2021

Mr. ABC,
Proprietor – Rama Manufacturers,
XYZ district.

Subject: Intimation to pay the interest and the principle of your loan

Sir/Madam,

This letter is written to you to intimate that the loan taken by the Rama Manufacturers from our branch
has turned into a Non-Performing Asset (NPA) on 02.10.2021. The details of the loan are mentioned
below.

Loan ID: ABC1234567

Loan Date: 01.04.2021
Loan Amount: Rs. 50 lakhs
Date of last interest payment: 01.07.2021

As per the RBI circular F&A/IN/678234 dated 23.04.2017, if the interest is not paid for a loan for three
continuous months, the loan will be classified as a Non-Performing Asset (NPA).

As per the SBI circular LO/XYZ/125342 dated 25.05.2017, the customers get a grace period of one month
from the date on which the loan is classified as a NPA to restart paying the interest.

In case of failure to do so, the SBI retains the right to invoke the provisions of our loan contract
pertaining to the takeover of the assets.

As per our loan contract, restructuring of the loan is also not possible. Hence, it is in your best interest
that the Rama Manufacturers restarts paying the interest for the loan immediately and continues paying
the interest and the principle on due date.

If any further clarifications are required, kindly visit the bank branch to talk with our officials.

Sincerely,
Mrs. PQR

Words : 244

Time : 27 minutes (actually should have practiced in 23 minutes)

Grammarly marks : 90

After all improvements : 92

Observations:

 The content needs to be enhanced – How? Reading such kind of letters is the only way
 You thought letter writing will be more relaxed with respect to time. But, it was not. It takes
time. Plus reviewing time was not enough. So next time be careful.
 Other than that, I think it is fine

Grammarly corrections:

The Branch Manager,

State Bank of India,
Gandhipuram Branch,
XYZ district – 123456.

Dated: 6 October 2021

Mr ABC, (No dot after Mr or Mrs – Werird)

Proprietor – Rama Manufacturers,
XYZ district.

Subject: Intimation to pay the interest and the principle of your loan

Sir/Madam,

This letter is written to you to intimate that the loan taken by the Rama Manufacturers from our branch
has turned into a Non-Performing Asset (NPA) on 02.10.2021. The details of the loan are mentioned
below.

Loan ID: ABC1234567

Loan Date: 01.04.2021
Loan Amount: Rs. 50 lakhs
Date of last interest payment: 01.07.2021

As per the RBI circular F&A/IN/678234 dated 23.04.2017, if the interest is not paid for a loan for three
continuous months, the loan will be classified as a Non-Performing Asset (NPA).

As per the SBI circular LO/XYZ/125342 dated 25.05.2017, the customers get a grace period of one month
from the date on which the loan is classified as a an NPA (capital letter acronyms will have an if they
sound like a vowel) to restart paying the interest.

In case of failure to do so, the SBI retains the right to invoke the provisions of our loan contract
pertaining to the takeover of the assets.
As per our loan contract, restructuring of the loan is also not possible. Hence, it is in your best interest
that the Rama Manufacturers restarts paying the interest for the loan immediately and continues paying
the interest and the principle principal on the due date.

If any further clarifications are required, kindly visit the bank branch to talk with our officials.

Sincerely,
Mrs PQR (No dot)
123, AAA Street,
BBB Road,
CCC district – 987654

Date: 10 October 2021

The Branch Manager,

SBI Bank – DDD branch,
CCC district – 987643

Subject: Regarding application for a housing loan

Respected Sir/Madam,

I, EEE, am a customer of the SBI DDD bank for the last 12 years. I am writing this letter to you to apply
for a housing loan.

I am planning to purchase a land of 1200 square feet at the FFF residency and construct a house there.
The combined cost of it is estimated at Rs. 80 lakhs. As I am investing Rs. 15 lakhs on my own, I would
like to take a loan for the remaining Rs. 65 lakhs.

My credit worthiness can be established by the following facts. I work at the GGG infotech as a product
manager with an annual gross salary of Rs. 18 lakhs. I have attached the last month salary slip and the
Income Tax returns of the last three financial years as proofs of it. My credit score as per the credit
certification company CREDAI is 676 out of 700. I have attached the credit score certificate also.

If you are satisfied with the above, I will visit the bank branch and furnish the necessary documents to
initiate the process.

Kindly communicate your decision in this regard as soon as possible.

Sincerely,
EEE

Words: 223

Grammarly score : 91

Grammarly score after corrections : 96

After corrections :

123, AAA Street,

BBB Road,
CCC district – 987654

Date: 10 October 2021

The Branch Manager,

SBI Bank – DDD branch,
CCC district – 987643

Subject: Regarding application for a housing loan

Respected Sir/Madam,

I, EEE, am a customer of the SBI DDD bank for the last 12 years. I am writing this letter to you to apply
for a housing loan.

I am planning to purchase a land (either ‘land’ or ‘a land parcel’) of 1200 square feet at the FFF
residency and construct a house there. The combined cost of it is estimated at Rs. 80 lakhs. As I am
investing Rs. 15 lakhs on my own, I would like to take a loan for the remaining Rs. 65 lakhs.

My creditworthiness can be established by the following facts. I work at the GGG infotech as a product
manager with an annual gross salary of Rs. 18 lakhs. I have attached the my last month salary slip and
the Income Tax returns of the last three financial years as proofs proof of it. My credit score as per the
credit certification company CREDAI is 676 out of 700. I have attached the credit score certificate also.

If you are satisfied with the above, I will visit the bank branch and furnish the necessary documents to
initiate the process.

Kindly communicate your decision in this regard as soon as possible.

Sincerely,
EEE