Sample Loan Settlement Letter to Bank

Dear [Bank's Name],

I am writing to formally request the settlement of my loan account with your esteemed institution. Below are the details related to the loan account:

Loan Account Number: [Your Loan Account Number]
Borrower's Name: [Your Full Name]
Loan Type: [Personal/Auto/Home Loan, etc.]
Outstanding Balance: [Current Outstanding Balance]
Settlement Amount: [Proposed Settlement Amount]
Settlement Date: [Desired Settlement Date]

I am seeking to settle this loan account in full as of the above-mentioned settlement date. Please provide me with a detailed settlement statement that includes the final amount due, any applicable fees, and instructions for the settlement process.

I kindly request that you confirm receipt of this letter and provide written confirmation of the settlement terms. Please address any outstanding issues or discrepancies promptly to ensure a smooth and timely settlement.

For your reference, I have attached any relevant documents, including my identification and previous correspondence related to this loan. If there are any additional documents or information required to process this request, please let me know at your earliest convenience.

Thank you for your attention to this matter. I look forward to your prompt response.

Sincerely,

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

Attachments: [List of Attachments]