Appendix 6
Format of Bank Education Loan Sanction Memorandum
(On Bank Stationery)
ABZ Bank,
Diplomatic Enclave Branch
New Delhi 110021
REF: MSCR/EL/25/2008
DATE: May 15, 2008
To,
Ms. Poonam Minocha
D–14, Malcha Marg,
Chanakyapuri
New Delhi 110021
Dear Ms. Minocha,
Sub: Your application for an Educational Loan
This has reference to your subject loan application. We are happy to inform you that we have sanctioned an educational loan to you, on the terms and conditions set out below:
| Nature of Loan | : | Education Loan |
| Amount of Loan | : | Rs 20,00,000.00 (Rupees Twenty lakh only) |
| Purpose | : | To pursue a 4 year undergraduate (BS) degree in Science from the University of Texas at Austin, Texas |
| Margin | : | 25% |
| Rate of Interest | : | 11.5% ... |
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