To,
The Manager,
__________ (Bank Name),
__________ (Branch Address)

Date: __/__/____ (Date),

Subject: Foreclosure of loan

Respected Sir/Madam,

Most respectfully, I would like to inform you that I do hold a loan account in your branch bearing account number ___________ (Account number).

I am currently holding a loan of _______ (Amount) for _______ (Purpose) and I am writing this letter to inform you that I am looking forward to the foreclosure of the loan. My loan ID is ________ (Loan ID/Account Number) and I opted for ________ (Number of EMI’s) EMIs. I have already paid ______ (Amount) in _______ (Number of EMIs) EMIs and I am willing for foreclosure of the loan. I am ready to pay all pending amount i.e. ________ (Pending loan amount) in a single installment.

I request you to kindly guide me through the procedure to avail the above-mentioned service. I shall be highly obliged for your kind response. In case of any queries, you may contact me at __________ (Contact number).

Thanking you,
_________ (Signature)
_________ (Your name),
_________ (Contact number)

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