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  2. Such a letter of undertaking for payment is written as an assurance from one party to another for making the full and final payment as promised. The payment mentioned can be a loan EMI, credit card bill or simply a payment for services/goods purchased.
    www.lettersinenglish.com/tag/letter-of-undertaking …
    I am writing this letter to acknowledge that I have taken a loan of [Amount] from [Bank/Financial Institution Name] and will be making the payments on time as per the agreed schedule. I understand the seriousness of the commitment and assure you that I will make the payments as per the agreed terms and conditions.
    letterseasy.com/undertaking-letter-format/

    I am writing this letter in order undertake the following:

    • I shall be making the payment on the 10 th of every month after receiving the invoice from your company.
    www.club4ca.com/formats/letter-formats/undertaki…
     
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