Acknowledgment Letter for Lending Money

Naid

An Acknowledgment Letter for Lending Money is a written confirmation that documents the receipt of a loan from one party to another, outlining key details such as the amount, date, and repayment terms. Below are two sample letters provided for reference.

#1

Re. Acknowledgment for Lending Money and to the Credited Loan Dated [DATE]

Dear Mr. [NAME],

I am writing this letter to acknowledge the lending of $[X] as a loan. The mentioned loan was agreed between me [NAME] and [MENTION THE BORROWER]. I applied for a loan under the Loan Scheme of the State Law Enforcement and Self-Employment Program. This program enables lending money from the state office of accounts and financial management. I am entitled to the loan and qualified for the loan after meeting with the Investigation officer and the Controller for the Loan Scheme.

I am very thankful to you for making the process smooth and easy. Lending money from government offices and schemes is never an easy task. It is considered overtly arduous to wait for hours for a single piece of information and the implications of the loan. However, it was different this time as it was much easier and more accessible than private organizations that provide loans. So, I thank you, particularly, for answering all my queries and making the money lending possible.

I have received the loan amount, i.e., $[X], that was credited to my account on [DATE] and [TIME]. I have attached the printout of the email from the bank about the credited amount. I shall repay the amount according to the plan I checked in. I assure you of my commitment to my sheer responsibility and competence in repaying the amount monthly (according to the installment plan).

Please don’t hesitate to contact me for anything related to the loan. You can write to me at [EMAIL] or SMS at [PHONE].

Thank you for doing this.

Best Regards

[NAME]

[MENTION THE ADDRESS]

Acknowledgment Letter for Lending Money

Format: MS Word (.docx) Size: 145 KB

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Sample #2

Re. Acknowledgment of Lending Money as Advance Salary as Mentioned

Dear Sir,

I am [NAME OF THE LENDER], the [POSITION], from the [DEPARTMENT]. I lent an amount of $[X] from the organization’s treasury office. The organization tendered a policy of providing loans to support their employees financially at reasonable interest rates. The organization did so after the survey analysis of employees’ suggestions on the culture of financial crunch, owing to the rising inflation and COVID-19 shutdowns.

I hereby acknowledge receiving an amount of $[X] as a loan. I have received the loan on the following terms and conditions:

I applied for an amount of [$X] as a loan from the treasury. The authorities of [ORGANIZATION] and I agreed to the loan (as an advance) of [$X]. The loan shall be deducted from my monthly salary based on the negotiated interest and monthly amount. [$X] shall be deducted from my salary each month.

In case of any problem with repayment, i.e., resignation, termination, or unpaid leave, preference shall be made to pay through a cheque of the same amount every month. Moreover, I shall submit a letter of recommendation in any such case.

I assure you of smooth repayment along with the term interest rate. I appreciate your consideration.

I am attaching the required documents to substantiate the acknowledgment. Thank you.

Contact Details:

Phone: [NUMBER]
Email: [EMAIL ADDRESS]

Warmly,

[NAME]
[DESIGNATION]
[COMPANY]

Acknowledgment Letter for Lending Money

Format: MS Word (.docx) Size: 145 KB

Download

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