When writing a home loan cancellation letter, it's essential to maintain a polite and clear tone while providing all necessary details, including the loan application number, reasons for cancellation, and contact information. Clarity and politeness are key to ensure effective communication and avoid misunderstandings.
Sample Request Letter for Cancellation of Home Loan
To,
The Branch Manager,
__________ (Name of the Bank),
__________ (Address)
Date: __/__/____
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 a loan at a better rate/ change of plan/ not interested/ property not finalized/any other). This is to request you 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).
Thanking you,
Yours sincerely,
____________ (signature),
____________ (name),
____________ (contact number)
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Deepanshu Thakral