Loan Cancellation Letter Template from Bank

Dear [Bank Name],
I am writing to formally request the cancellation of my loan, account number [Loan Account Number], which was issued on [Date of Loan Issuance]. Due to unforeseen circumstances, I am no longer able to proceed with the loan under the current terms.

Please find below the details of my loan for your reference:

• Loan Account Number: [Loan Account Number]
• Loan Issuance Date: [Date of Loan Issuance]
• Loan Amount: [Amount]
• Purpose of Loan: [Purpose]

I would appreciate it if you could process this request at your earliest convenience and provide me with written confirmation of the cancellation. Additionally, please inform me of any steps I need to take to finalize the cancellation process.

Thank you for your understanding and cooperation. Please feel free to contact me at [Your Phone Number] or [Your Email Address] should you require any further information or documentation.

Sincerely,
[Your Full Name]
[Your Address]
[City, State, ZIP Code]
[Your Phone Number]
[Your Email Address]