A Simple Loan Application Letter is a fundamental document in the UAE's banking and financial services sector, used when an individual or business seeks to obtain financing from a bank or financial institution. This document serves as the initial formal request for a loan and must be prepared in accordance with UAE Federal Law No. 5 of 1985 and Central Bank regulations. The letter typically includes detailed information about the applicant's financial status, employment details, loan amount requested, purpose of the loan, and proposed repayment plan. It may be used for various purposes, including personal loans, business expansion, education financing, or asset purchase. The document must be accompanied by supporting documentation as required by UAE banking regulations and can be adapted for both conventional and Islamic banking requirements. Its format and content are designed to meet the stringent documentation requirements of UAE financial institutions while providing a clear and comprehensive overview of the loan request.

1. Applicant Information: Full legal name, Emirates ID number, passport details, contact information, and current address

2. Date and Reference: Current date and any reference numbers provided by the bank

3. Bank Details: Name and address of the bank/financial institution being addressed

4. Subject Line: Clear indication that this is a loan application with the type of loan being requested

5. Loan Request Details: Specific amount requested, purpose of the loan, and desired repayment period

6. Employment Information: Current employer, position, length of employment, and monthly salary details

7. Financial Status: Current financial obligations, existing loans, and monthly commitments

8. Proposed Repayment Plan: How the applicant plans to repay the loan, including proposed monthly installments

9. Declaration: Statement confirming the accuracy of provided information

10. Signature Block: Applicant's signature, printed name, and date