Personal Loan Approval
Personal Loan Approval
Personal Loan Approval
To Date: 14/08/2024
The Branch Manager,
STATE BANK OF INDIA,
SHIVCHARAN DAS
MAHANT
I have taken a 150000. One lakh fifty thousand loan from STATE BANK OF INDIA and would like to avail
of the Standing Instruction facility offered by your bank to make EMI repayments of my loan.
➢The loan amount is Rs. 150000 for a tenor of 36 months and EMI of Rs. 5541
Start Date (First Emi Debit Date) 05/10/2024 , End Date (Last Emi Debit Date) 05/10/2027,
with your ADB RAIGARH SAHEED CHOWK branch for the EMI amount towards the 5541 dues on my loan.
These debits will be raised by STATE BANK OF INDIA Bank on 05/10/2024 of every 05 until the last Emi
Debit date. 05/10/2027.
➢I undertake to maintain sufficient balance to cover the above Emi amount (and charges if any) on the above
due date and I understand that the failure to repay my loan amount through this standing instruction shall
be treated as a default in repayment of dues and all charges / penalties / levies as covered by the agreement
will hold good towards the non-payment of obligations.
➢Please treat this as an irrevocable communication as an authorisation to debit my account every month with
the required EMIs towards the repayment of my loan.
➢In the event of the above account getting closed/transferred for any reason, you are required to intimate
the Bank the new account opened with the bank for STATE BANK debit of the EMI amount as per the
agreement. Further, I/WE undertake the responsibility to provide the fresh set of Mandate and 'security
PDC's for such new account, (one cheque for every six months) / as per terms of the agreement in lieu
of existing instructions.
Thanking you,
Yours truly,
(Signature of account holder) (SHIV CHARAN DAS MAHANT)
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Verified