February 9, 2024
Bank Letters

Request Letter to Bank to Release Collateral Security – Sample Letter Requesting Release of Collateral Security

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

Date: __/__/____ (Date),

Subject: Request for release of collateral security

Respected Sir/ Madam,

I am ________ (name), and I do hold a loan account in your branch having account number ________ (mention loan account number).

I am most humbly writing this letter to inform you that I took a loan from your bank worth __________ (mention amount) for a __________ (type of loan account – home loan/term loan/business loan/any other) which was already paid and the final instalment was paid on __/__/____ (date). I have received the No Objection Certificate for the mentioned loan on __/__/____ (date).

In this regard, I would like to request you to kindly release the collateral security at the earliest. As per requirement, please find all relevant documents attached herewith.

Thanking you in advance.

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

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