To,
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.
Regards,
_________ (Signature)
_________ (Your name),
_________ (Contact number)
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