Personal Loan Closure Letter Sample

Are you looking for a Personal Loan Closure Letter Sample to help you close your loan account? Look no further! Below, you will find examples of Personal Loan Closure Letter Sample that you can use and modify as needed to suit your specific situation.

Explanation of Personal Loan Closure Letter Sample

When you decide to close your personal loan account, it is essential to inform the lender formally through a Personal Loan Closure Letter. This letter serves as a formal request to close the loan account and outlines the necessary details such as the account number, outstanding balance, and request for confirmation of closure. By sending a Personal Loan Closure Letter, you ensure that the closure process is documented and that there is a clear record of your request.

• It provides a written record of your intention to close the loan account.
• It acts as a formal request to the lender to close the account and confirm the closure.
• It includes essential details such as the account number and outstanding balance for reference.

Sample Personal Loan Closure Letter

Dear [Lender’s Name],

I am writing to formally request the closure of my personal loan account with account number [Account Number]. As of today, [Date], I have paid off the outstanding balance in full, and I kindly request confirmation of the closure of the account.

I would like to express my appreciation for the assistance provided by your team throughout the loan term. I am pleased to have successfully completed the repayment of the loan amount and look forward to receiving the confirmation of the account closure at your earliest convenience.

Should you require any further information or documentation from my end, please do not hesitate to contact me at [Your Contact Information].

Sincerely,

[Your Name]