Loan Cancellation Letter Sample

If you decided that you longer require a loan, then you would probably need to formally inform your bank about your decision in writing.

How to cancel a loan in writing?

  • Reference the loan. List your account number, and the loan application date.

  • Request that your loan application is canceled.

  • Provide a reason if needed.

  • Request that your security cheques and other bank guarantees are returned to you.

Sample letter

Dear [Bank Name],

I hereby request from you from to cancel the loan application that was submitted on ________date under account number 123456.

I also request from you to release all guarantees pertaining to my application.


Loan Cancellation Letter Sample