To,
The Manager,
___________ (branch name),
___________ (address)
Date: __/__/____ (date)
Subject: Requesting a reduction in the loan amount
Respected Sir/ Madam,
This is to most humbly inform you that I am ____________ (name) and I applied for a _________ (type of loan – car/ housing/ vehicle/ educational loan/ any other) from your reputed bank amounting _____________ (amount) under the application number ____________ (application number).
This is to inform you that the amount as per the application is ____________ (mention amount) and I am willing to reduce it to __________ (mention amount). I shall be obliged if the loan amount can be reduced and processed at the earliest.
I expect your kind confirmation in this regard. I look forward to your quick action.
Thanking you,
Regards,
__________ (Name),
__________ (Contact details)
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