Suppose you are a loan manager of 'ABC Bank Limited'. One of your clients named Mr. 'X' , who took a car loan, did not pay the installments for loan repayment for last three months.According to the loan contract, if the client misses the payment for four consecutive months then 'ABC Bank Limited' is authorized to cease his car and sell that to recover the payment.<br><br>Write a letter to Mr. 'X' requesting him to regularize all payments within one month time and informing him the possible actions that the bank can take otherwise.

Letter Writing

[Basic Bank Asst.Manager-2012 : 2012]

Answer

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