The Branch Manager,
__________ (Name of the Bank),
Subject: Request for cancellation of home loan
Respected Sir/ Madam,
This is to inform you that I am _________ (mention your name) and I am a resident of ________ (mention location).
This letter is in regard to the home loan application number _________ (mention number) that was submitted by me on __/__/_____ (date). I would like to inform you that I am willing to cancel the said loan application. The reason behind the same is _________ (I am getting loan at a better rate/ change of plan/ not interested/ property not finalized/any other). This is to request you to kindly cancel the home loan application.
I shall be highly obliged for your kind support and consideration. In case any query arises, you may contact me at _____________ (mention your contact number).
____________ (contact number)