__________ (Bank Name),
__________ (Branch Address)
Date: __/__/____ (Date),
Subject: Request for change of EMI Payment account
Respected Sir/ Madam,
This is to most humbly inform you that I have been maintaining a loan in your bank bearing loan account number _______ (mention loan account number).
Through this letter, I would like to inform you that the mentioned loan was taken on __/__/____ (Date) amounting ________ (amount) for _______ (mention type of loan). At present, my loan account EMI is getting deducted from ___________ (account number). I am writing this letter to request you for changing the repayment account to __________ (mention account number). The reason behind the same is _______ (mention reason).
Please note that there is a sufficient balance available in my new bank account and thee won’t be any problem deducting future EMI from the said bank account. I shall be highly obliged if you could guide me through the procedure for the same. I am ready to proceed with any required formalities. You may contact me at _________ (mention contact number).
_________ (Your name),
_________ (Contact number)
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