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This sort of letter is used to give reason for the loan and the plan of utilizing it.This sort of application helps to project your needs and how after getting a loan that requirements can be satisfied. All the details have to be clearly mentioned in the letter.
With your financial assistance, I can build my own home. I have a good credit history, so getting a loan will not be a problem as there are no issues of debts.
I am enclosing photocopies of my salary slips, social security number card, house agreement and plan of the apartment with this letter for your perusal.
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We will publish your requirment as soon as possible and let you know at provided email address.
If you want to apply for business loan with your bank to start with a new business or expand the present one then writing a loan application is a must.
There are various reasons for which a business might need the loan and those reasons must be started in the application to give clarity to your application.
So it is my humble request to cancel my loan process as soon as you receive my letter.
Regards Fazal Sir, It is to inform you that the loan for which you applied have been cancelled immediately.
Sample application letter to bank to request for cancellation of loan for which you applied earlier.
During the loan approval process the applicant may cancel the loan request due to any reason personal or business.