Gift Letter Format for Personal Loan
Gift Letter Format for Personal Loan
[Date]
[Lender's Name]
[Bank or Lender's Institution Name]
[Address]
Dear [Lender's Name],
I, [Your Name], hereby confirm that I have received a gift in the amount of [Gift Amount] from [Donor's Full Name], which will be used toward the down payment or repayment of my loan application. The gift is provided with no expectation of repayment and is a voluntary contribution.
Please find the following details regarding the gift:
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Donor's Full Name: [Donor's Full Name]
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Donor's Address: [Donor's Address]
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Gift Amount: [Gift Amount]
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Relationship to the Borrower: [Your Relationship with the Donor]
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Date the Gift was Given: [Date]
The funds provided are a gift and are not a loan or subject to repayment. The gift is given freely and does not involve any form of collateral, interest, or repayment schedule.
Please let me know if any additional information is required regarding this matter. I appreciate your attention to this detail and look forward to finalizing the loan process.
Sincerely,
[Your Name]
[Your Email]
