From
(Bank Name)
(Address)
To
(Name)
(Address)
Dear Sir,
ADVERTISEMENTS:
Re.: You’re Mortgage A/c No. ____________ with us
This is to draw your attention that your mortgage of property situated at ____________ (Address) will mature on ____________ (Date) making the Principal balance repayable to us by you. We hope you will arrange payment of the same together with interest in time so as to get your property released.
In case, however, you want extension in time for repayment we shall gladly allow you on hearing from you. The rate of interest and the amount of installment of payment will remain unchanged as also all other terms and conditions of the mortgage. We shall thank if you inform us about your intentions well in time.
Thanking you,
ADVERTISEMENTS:
Yours faithfully,
(Your Name)
Branch Manager