Sampl / Example of Credit Refusal Letter | Business Communication

                                                                                                         Allied bank limited
                                                                                                         Charsadda road  Peshawar
                                                                                                         091-522077

                                                                                                         Date: 6 Nov 2012
X Y Z (PVT) LTD
Shame road near
Army Stadium Peshawar
091-546326

Dear Sir,

We appreciate your confidence and interest you have shown in us, we had supporting relationship in the past, and will be in the future.

As for as your loan application is concerned our credit granting committee examine your organizational detail, and concern with the credit rating agency regarding your organization. The investigation identified that your origination is suffering from unfavorable credit rating, we will grant you loan as your credit rating meet the standard.

On the ground mention above our credit granting committee refused to grant you loan. We are launching a new scheme of finance for the same, your name will be on the top of the list, we will contact you as soon as possible.

Yours truly

                                                                                                                        Signature

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