[Member] Guarantee, Letter format for Housing Loan [s1087]

 

Guarantor

[Add]

Date:
[Lender]
Dear Sirs,
RE:     LOAN AGREEMENT  DATED                  MADE BETWEEN
            Lender

            Borrower

 

In consideration  of you granting a loan of RM                to the Borrower at my request, I                      (NRIC                         ) of                               hereby irrevocably undertake to procure the Borrower to perform its obligation stated in the Loan Agreement and in the event of the Borrower failing to perform its obligation therein, I hereby irrevocably undertake to perform and assume all the obligations of the Borrower as stated in the Loan Agreement and to be bound by the terms thereof in every way and in all respects as if I am a party to the said Loan Agreement in lieu of the Borrower.

 

Yours faithfully,

 
 
 
 
 
 

Name
NRIC No.

 
 
 

I acknowledge and agree with the contents of this letter

 
 
 
 
 
 

 [lender]

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