When drafting a letter to cancel a student loan application, it's crucial to maintain a polite and respectful tone while clearly stating the request for cancellation and providing necessary details such as the loan application number and reasons for cancellation. Additionally, mentioning any fees associated with cancellation and providing contact information for further communication can help ensure a smooth process.
Sample Letter for Cancelling Student Loan Application
To,
The Branch Manager
_____________(Name of the bank)
_____________(Address)
Date: __/___/_______(Date)
Subject: Cancellation of loan application
Respected Sir/Madam,
I am writing this letter in reference to the student loan application_____________(loan application number). I submitted the loan application to Mr./ Mrs. _____________ (name) on __/__/_____(date). I would like to cancel my request for the loan application as ____________________ (it is no longer required/personal reasons/ mention your reason). I am ready to pay the cancellation fees. I have already enclosed a cheque for the amount __________ (mentioned amount) to pay the cancellation fees.
Kindly, accept my request and cancel my student loan application so that I can collect my original documents from the branch which I have submitted during the process of my loan application. If you have any issues regarding this matter, please let me know at the earliest. I can be contacted as per the details provided below.
Yours faithfully,
_____________(Signature)
_____________(Name)
_____________(Contact details)
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Deepanshu Thakral