Acknowledgement of partial payment and request for extension. Offer to customer pay by instalment.
Thank you for your payment of [PAYMENT]. The balance on your account is [AMOUNT], which is now due.
Since you have requested for an extension, we offer you the following payment plan on the balance amount - [INSTALMENT] by 1st of the month for the next [NUMBER] of months.
Should you have any questions or queries, please do not hesitate to contact us. Otherwise we look forward to receiving your prompt payment of the first instalment before [DATE].