ALLIED BANK

120-BOSAN ROAD,
MULTAN
60000

JAN 22, 2017

Muhammad Naqash, Loaning Officer.
TO,
MR Ahmad zafar
430-Ali plaza bosan road,
Multan.

Subject: Refusal of Loan

Dear Mr Zafar,
With reference to your request application for the loan date Jan
18, i would like to thank you for showing interest in our product (loan offering).
We appreciate your idea of florist shop. It is unique idea and your passion is
contagious. It is really a new offering in this city of multan. After evaluating your
credit for small business application, we regretfully inform you that we are
unable to offer you a loan of Rs 1.5 million at this time.
The reason why we are unable to offer you a loan are:
1. You didnt provide sufficient grantee as per our bank policy.
2. You dont have sufficient experience to run a business as florist as you
hold a Bachelor degree in the field of Agriculture.
3. This is new idea may not work in the town and you might not able to get
sufficient turnover to pay your credit .

These are the reason that bank cannot offer you a loan of RS 1.5 million but
admiring you passion of running a business bank can offer you Agri-based
business loan because you have experience as well as hold a degree of the
relevant field and Agri-based business are usually profitable business if a person
has an experience & expertise to run it.

We always care about our customer if you ever change you business plan and
need a loan we can promise you the best service e.g ,Quick application process
of granting loan, Please feel free to contact. We wish you very good luck and
hope to see you again as our valuable customer.

Your sincerely ,

Muhammad Naqash