WAVING OFF THE O/D INTEREST - Sample Letter

19^th 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 09^th 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 31^st 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)