Free Bank Loan Settlement Letter Template

BANK LOAN SETTLEMENT LETTER

November 16, 2051

First National Bank
456 Maple Avenue
Springfield, IL 62705

To whom it may concern,

I am writing to formally request the settlement of my loan account with your bank, referenced above. As of today, I have successfully repaid the agreed-upon amount of $15,000, including all applicable interest and charges.

To ensure the closure of this account, I kindly ask for a formal confirmation from your side stating that the loan has been fully settled and no further payments are due. Please provide a No Objection Certificate (NOC) and any necessary documentation to reflect that the loan has been cleared in full.

Please let me know if there are any additional forms or procedures required to complete this process. I would appreciate it if you could expedite this request and send the confirmation to the address provided above or my email address at [Your Email]. Thank you for your prompt attention to this matter. I look forward to your confirmation.

Sincerely,

[Your Name]

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