A customer of a bank had applied for a load of Tk. 500,000 agaisnt and old building and some shares, As a manager of the bank, write a tactful reply regretting the load on the security ground.

16 June 2023

Mr. Md. Mahidul Islam C/O: Md. Anwar Hossain,

Tepra, Shibalaya, Manikgonj-1850.

Dear Sir,

I am pleased to write to you about loan you asked for. It's been five years you were in with our banking and you flourished your business as well as your financial ground with the help of our Branch. You had taken substantial amount of outstanding from our branch. But due to higher rate of interest and higher loan processing fees, it's not easy or convenient to receive loan from our Branch. So, I think it's not wise decision to take 500,000 Tk. with such a higher rate of interest. As our head office is reviewing the rate of interest as per the guideline of Bangladesh Bank, I hope.we will be able to offer you a reduced rate of interest very soon. I very much appreciate you and your consideration of loan request.

Sincerely Yours

Md. Shafiqul Islam

Manager

'X' Bank Ltd.

'Y' Branch, Dhaka.