Loan Cancellation Letter Sample

Sample application letter to bank to request for cancellation of loan for which you applied earlier. During the loan approval process the applicant may cancel the loan request due to any reason personal or business.

Application for Loan Cancellation

The Supreme Bank
United States of America

Respected Loan Manager,

My name is Smith and last week I submitted an application for a loan. I am writing this letter to take it to your kind notice that I do not need that loan anymore. I will be very thankful to you if you cancel my application.

Thank you

Smith

Application for Loan Cancellation

To,
The Branch Manager,
XYZ Bank Limited,
Faisal Town Branch,
Lahore.

Dear Sir,

It is to inform you that I applied for a loan for my own business as I had to buy stocks of a reputed company in Pakistan Stock Exchange. Since I have arranged the amount, I request your bank to please cancel the loan proceedings.

I hope you will consider my request. Looking forward to your response

Thanks.

A/C # 123456789

Home Loan Cancellation Letter

Respected Bank Manager,

Three months back I applied for the home loan from your bank and your operations manager told me that it will take six months for the approval of loan. Now my financial situation is not in a good shape to bear the burden of home loan. So it is my humble request to cancel my loan process as soon as you receive my letter.

Regards

Fazal

Loan Cancellation Letter From Bank

Sir,

It is to inform you that the loan for which you applied have been cancelled immediately. The government has changed her policy in connection with sanctioning of loans. It is regretted And you are advised to apply till the further policy. Otherwise, the bank is at your beck and call.

Yours sincerely,
XYZ