This is a sample confirmation Letter of Extension of Payment Date.
Business Name
Adders
Date…………
ADVERTISEMENTS:
To
Name
Address
Reg: Rescheduling of repayment period and reducing the monthly installment amount
ADVERTISEMENTS:
Dear
In response to your request letter dated …………, the management has agreed to amend the terms of repayment of your loan as following:
Monthly installment amount has been reduced from Rs. …………/- to Rs. …………/- till your personal loan is, repaid fully.
You are advised to fill up the fresh loan documents immediately.
ADVERTISEMENTS:
Yours faithfully
Manager (Finance)
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