REMINDER NOTICE - II
RCB -127
Date:
Ref:

To




Dear Sir/Madam,

Sub:		Your Loan A/C for Rs.
		recovery - clearance of overdues - reg.

Ref:		Our Letter of even no.

With reference to your Secured/Development loan account with us. We regret to state that you have not paid the loan instalments / interest dues in your loan account which is viewed very seriously by the Bank. The arrears in your loan account stand as under.

As on

Principal Outstanding	:	Rs.
Principal Overdue	:	Rs.
Interest Overdue	:	Rs.
Penal & Penalty Overdues	:	Rs.
	-----------------
Total Overdues	:	Rs.

We therefore request you to remit the loan arrears immediately without delay before we take the next step for recovery of the entire overdues.

In this connection, you may call on us on any working day in case you have any particular problem/difficulty which would be sorted out. We are sure, you would not compel us to proceed to the next step of recovery to the loan including foreclosure of loan and charging of higher rate of interest and legal action.

	Manager

Copy to Surity: Please note that you have joined the above transaction as surety and hence you are also liable for the repayment of the loan. You are therefor, requested to pursue the matter and ensure repayment of the loan arrears immediately as you are also equally liable for repayment of dues and would be subjected to legal action in case of our proceeding with legal action. Copy to Mortgager: With a request to persuade the borrower to remit the overdues and to regularise the bank a/c. Otherwise we will be forced to take legal action over your property.