Letter Template

Prepayment of Loan Letter – Sample Request Letter for Prepayment of Loan

Kshitij Tarun
April 1, 2021
Expert Guidance & Training Tips
When drafting a letter to request prepayment of a loan, clarity and politeness are essential. Begin by addressing the manager of the bank and clearly state your intention to prepay the loan amount. Provide necessary details such as your loan account number, type of loan, current outstanding amount, and proposed prepayment amount and date. Politely request guidance on the prepayment procedure and offer your contact information for further assistance.

Sample Request Letter for Prepayment of Loan

When drafting a letter to request prepayment of a loan, clarity and politeness are essential. Begin by addressing the manager of the bank and clearly state your intention to prepay the loan amount. Provide necessary details such as your loan account number, type of loan, current outstanding amount, and proposed prepayment amount and date. Politely request guidance on the prepayment procedure and offer your contact information for further assistance.