Hi Nanjappa,
Subject: Notice for Outstanding Loan Repayment
Dear [Employee's Name],
I hope this letter finds you in good health and high spirits. I am writing to bring to your attention a matter of utmost importance concerning your tenure at [Company Name].
It has come to our attention that, as of [Last Working Day], you departed from our company without settling the outstanding loan amount of [Amount Owed], which you had availed during your employment with us.
We understand that circumstances may have arisen that led to this oversight. However, we must emphasize the importance of fulfilling financial obligations, especially in a professional context. The loan provided to you was based on mutual trust, and it is essential that it be repaid promptly.
We kindly request you to remit the outstanding amount of [Amount Owed] to [Payment Instructions - Bank Account Details or Payment Portal Information] no later than [Due Date - Generally, give a reasonable deadline, e.g., within 14 days from the date of this notice].
Should you require any assistance or have queries regarding the repayment process, please feel free to contact [Contact Person's Name] at [Email Removed For Privacy Reasons] or [Phone Number Removed For Privacy-Reasons].
Please treat this matter with the urgency it warrants. Failure to remit the outstanding amount within the stipulated time frame may necessitate further actions, including legal recourse.
We appreciate your immediate attention to this matter and trust that you will resolve this issue promptly.
Thank you for your cooperation.
Sincerely
[Your Position]
[Company Name]