REPLY TO ABOVE

Dear Sir,

We are in receipt for your letter for overdraft. We are sorry to say that ordinary your request cannot be accepted. We can, however in apprecition of your difficulties, consider your request for a loan of Rs.10,000/ against some tangible security. Would you be able to provide a Guarantor, or in the alternative to deoposit with us some collateral security such as gold or share certificates? We hasten to point out that these precautions are general practice of our Bank and have nothing to do with the personal signifinance of the borrower. The rate of interest on such borrowings, subject to the above-quoted conditions, is 10 percent, on daily balances.

Yours faithfully,