Loan Sanction Letter

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A loan sanction letter you can download for free. This template allows you to create a letter approving the loan made by a client of a lending company. Print ready and easy to edit.

Name of Lending Company
Address of Lending Company
City, State, Zip Code

[Date]

[Name of Lendee]
Address of Lendee
City, State, Zip Code

Dear [Name of Lendee],

This letter is made in reference to your loan application number [loan number] dated [date of loan application]. Based on the information you provided in your loan application, we are pleased to inform you of the approval of your loan based on the following terms and conditions:

Loan amount of $ [amount]
Loan interest of [number] % applicable in relation to market conditions upon the disbursement of the loan
Payment mode : [mode of payment]
Collateral: [collateral property or assets]
This offer is valid [number] days from the date of this letter

Disbursement shall be made upon completion of the required documents for the loan and of the signing of the loan agreement.

Regards,

[Your Name and Signature]
Loan Administrator
Name of Lending Company