February 18, 2024
Bank LettersRequest Letters

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

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

Date: __/__/____ (Date),

Subject: Prepayment of loan ________ (Loan Number)

Sir/ Madam,

I would like to inform you that my name is _________ (Name) and I am a resident of ________ (Residential Address). I hold a loan account in your branch having account number ___________ (Loan Account number). I am currently holding a loan ________ (Type of loan) of _______ (Amount) with ________ (Number of EMIs) EMIs and ________ (Tenor) tenor.

I am writing this letter to inform you that I am looking forward to the prepayment of the _______ (Amount) amount of my loan and I am ready to make the above said payment of amount i.e. ________ (Prepayment loan amount) on __/__/____ (Date).

Therefore, I request you to kindly guide me through the procedure and I shall be highly obliged for your kind assistance. In case of any queries, you may contact me at __________ (Contact number).

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

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