Sample letter to bank for Ratification of charges

Sample letter to bank for Ratification of charges

This is to inform the bank that Mr. XYZ is my younger brother and I ratify being his guarantor for education loan which he has applied for recently.

I hereby approve that I shall be liable for his instalment charges and payments at the specified time. I have been an upright account holder at your bank for the past 10 years and have always kept my transactions and payments ingenuous and punctual. I have also never failed in maintaining a good amount in my account at your bank since all my business profits are credited here.

I also have a number of fixed deposits in your bank, the details of which are provided below:

1. Fixed deposit account no:
Amount:

2. Fixed deposit account no:
Amount:

3. Fixed deposit account no:
Amount:

I believe having the requisites that allow for the ratifications of charges for the approval of the loan for which my brother has applied. Attachment contains a copy of his loan request. I would be grateful if you could make the process easier and faster for him since he will be applying for an admission soon.