Sample Application for Loan Clearance Certificate
The Manager/Financial Director….
Subject: Application for Loan Clearance Certificate
It is stated that I am (Name….) holding account number: xxxxx, in your bank since three (specific time) years. I took loan from bank for my personal use of (money amount). Tenure of (time…) years was given to me and I granted all the terms and conditions. Till now, 1 year is over and I have paid (amount of money….), but I cannot afford the installment system, which I was paying to bank.
Thus, I decided to pay the lump sum cash of (amount of money….) all at once. I have deposited the mentioned amount on (Specific time and date…) and it is requested that kindly, issue me Loan Clearance Certificate as it will be of my use in future. I hope that you will consider my request as soon as possible.
Thanking you in anticipation.