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How to Write Education Loan Letter  to Bank Manager 

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How to Write Education Loan Letter to Bank Manager 

A Sample Application Letter Format for Education Loan to Bank Manager 

27/2, S.P. Mukherjee Sarani,

Kolkata – 22

04th July, 2020

To

The Manager

State Bank of India

Park Street Branch

Kolkata-27

Sub: Application for Sanctioning Education Loan 

Sir,

  This is to state that I, undersigned writing this letter to apply for the education loan of Rs 5 lakhs under study loan scheme to pursue my higher education in the field of Mechanical Engineering stream. 

    Drawing your kind attention, I intend to state that I have already passed Higher Secondary Examination with 89% marks in Science and have ranked 753 in All India Engineering Entrance Examination (AIEEE) in this year. I have been selected for Mechanical Engineering stream in XYZ College to pursue my higher education. 

     I require badly an education loan of Rs 5 lakhs to meet expenses to be incurred in connection with the fulfilment of education. But I am coming from a middle class poor family and the expenditure of the course is beyond the capability to bear for my family. 

     Hence I request you to grant me study loan for the period of five years to complete my study. I will be responsible to abide by all rules and regulations and will repay the loan amount along with the interest once I get job at the end of the course. 

    I am enclosing all the attested photo copies of necessary documents and certificates along with the letter. 

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Thanking you,  

Yours Sincerely, 

Anil Bose

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