The Branch Manager,
__________ (Name of the bank),
Subject: Request for cancellation of car loan application number _____________ (car loan application number)
My name is _______ (mention your name) and I am writing this letter in reference to the application number _________ (mention number) which I have submitted in your branch for availing a car loan.
Respected, on __/__/_____ (date) I applied for a car loan in your bank amounting __________ (mention amount) for a tenor of __________ (tenor). I am writing this letter in order to request you for cancelling my application for the same. I want to cancel my loan application because of the reason ____________ (mention reason here – not buying car/ not interested/ better option available/other). As per requirements, kindly deduct the charges for the same and cancel the application.
Kindly consider this as a genuine request and cancel my loan application. You may contact me at _____________ for any query.
____________ (contact number)