Tuesday, October 24, 2017


Sample Tender Submission Letter

Certification of Withdrawal of Hypothecation on Vehicle








Date: October 24, 2017

 
TO WHOM IT MAY CONCERN


This is to certify that the customer [insertname] has settled his outstanding matters with our bank against the following vehicle:
  • Registration No.: [insert]
  • Chassis No.: [insert]
  • Engine No.: [insert]
  • Model: [insert]
  • Horsepower: [insert]
  • Colour: [insert]
The loan finance account is closed now and therefore, we have no claim on the above noted vehicle.

We do not have any objection regarding any issue, including its selling or transfer of ownership related to the subject vehicle.

Handwritten Signature
(Name of Signatory)
[Insert Designation]

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