Request Letter for Installment Payment
(Sender Name & Address)
Subject: Request for extending the installment payment
My name is (Your name) I have received your consignment of (items name) along with a bill for Rs. _________ (Amount) being the balance amount of payment.
Though as per terms of supply the bill is payable withing (No of days), our present financial | personal reason or any other reason (mention reason) position makes it difficult to arrange payment within a short period. We would therefore request you to please extend the credit amount by another (no of days) within the time we are sure to clear the rest of the dues.