Settlement Letter
Date: {{df(date('Y-m-d'))}}
Loan No. : {{$mailData->loanNo}}
Dear Customer,
This is to certify that Mr/Ms {{ucwords($mailData->name)}}, having availed a short-term loan from {{cmp()->companyName}} the amount of Rs. {{nf($mailData->loanAmtApproved)}} ({{convertNumberToWords($mailData->loanAmtApproved)}}) only. on {{df($mailData->disbursalDate)}} has a repayment amount of {{nf($mailData->repayAmount )}} ({{convertNumberToWords($mailData->repayAmount)}}) only. with repayment date on {{df($mailData->repayDate)}}
The payment covers the partial amount which was due from him/her as per the agreed terms.
But as per request we have settled the loan with a lesser amount and thus with mutual agreement, we are pleased to confirm the settlement of the mentioned loan.
Thanks for your co-operation, * This is a computer-generated document and does not require any signature.
Sincerely,
{{cmp()->companyName}}