A Bank Loan Proposal is a formal document created by a financial institution to outline the terms and conditions under which it will provide a loan to an individual or business. It serves as an agreement between both parties, outlining the amount of the loan, repayment schedule, interest rate, and any other relevant details related to the loan. In addition, it may include information regarding collateral that must be provided as security for the loan. The Bank Loan Proposal must be agreed upon by both parties before the loan transaction can take place.