Loan Cancellation Letter Sample
If you decided that you longer require a loan, then you would probably need to formally inform your bank about your decision in writing.
How to cancel a loan in writing?
- Reference the loan. List your account number, and the loan application date.
- Request that your loan application is canceled.
- Provide a reason if needed.
- Request that your security cheques and other bank guarantees are returned to you.
Sample letter
Dear [Bank Name],
I hereby request from you from to cancel the loan application that was submitted on ________date under account number 123456.
I also request from you to release all guarantees pertaining to my application.
Sincerely,
I hereby request from you from to cancel the loan application that was submitted on ________date under account number 123456.
I also request from you to release all guarantees pertaining to my application.
Sincerely,