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WAVING OFF THE O/D INTEREST - Sample Letter


19th May, 2012

Mrs S.P. ________ _______  _________
Unit: 250/1/52 X – Unity Plaza
_________ Mawatha
Colombo -14

Dear Madem

UNIT NO: 250/1/52X & 250/1/52V - WAVING OFF THE O/D INTEREST

This refers to the letter addressed to us on 09th May, 2102 on above subject.

We appreciate your willingness to settle this matter. Furthermore, it is possible to grant an Overdraft interest Wave off as request by you. However, as per the Corporation Procedure the Unit holder should pay the total arrears before asking for a waving off of over draft interest. Therefore, we would like to request you to pay the outstanding balance as early as possible.

Outstanding Details as at 31st April 2012 are as follows

Unit No
Arrears in Members Contribution Fund
Rs.Cts
Arrears in Overdraft Interest

  Rs.Cts
Total Arrears to be received

Rs.Cts
250/1/52X
144,324.06
41,126.00
185450.06
250/1/52V
67,784.40
8,070.00
75854.40

Further, here with attached the outstanding statement for your kind attention. Therefore, please settle the Total Arrears of Member’s Contribution, in order to obtain wave off of overdraft interest.

Thank You
Yours Faithfully
Unity Plaza ____________ Corporation


………………………………
S. P. ____________
(Accountant)

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