In this letter format, you need to state the letter of authorization for the loan closure in a proper way. You must include the name of the person along with the address and contact details which would be working in your absence in relation to closure formalities.
You must mention the date of the loan taken from the bank. You must also justify the reason for delaying the loan formalities. The proper information will help the bank to process the closure easily.
Template: 1
Loan Closure Authorization Letter
(Your name)
(Your address)
(Your contact information)
(Date)
(Name of the Recipient)
(Address of the Recipient)
(Contact Information of the Recipient)
Sub: Letter of authorization for Loan closure
Dear (Name of the Recipient)
To whom it may concern,
I,(mention the name of the person) do hereby authorize Mr (Name of the authorized person) to act as one of my trusted relatives with regards to the matters to my loan closure process, while I am not able to present for some days.
I want to get the process done regarding the loan closure procedure of the previous loan I took on the date of (mention the date). He can give the information correctly regarding my background and other required details you need for this procedure.
I apologize for not being able to interact with you personally regarding this matter. As of now, we are very busy with (mention the details).
Therefore I allow my relative, Mr (mention the name), full authority to make any decision and to sign all the documents on my behalf of me.
I am attaching all the related documents with this letter.
Be assured that I am taking full responsibility of this request.
Hope you will consider my request and oblige me.
Thank you very much,
Sincerely,
(Hand-written Signature)
(Date)
(Notary or witness if required)
Download Template :
(pdf, docs, ODT, RTF, txt, HTML, Epub, Etc)
Template: 2
Loan Closure Authorization Letter
(Write your name)
(Write your address)
(Write your contact information)
(Write the Date)
(Write the name of the Recipient)
(Write the address of the Recipient)
(Write the contact Information of the Recipient)
Sub: Letter of Authorization for Loan Closure
Dear (Write the name of the Recipient)
This letter is regarding the loan closure, and I (Write the name of the person) is to authorize Mr (Write the name of the authorized person), who is my trusted relative, with all regard to the matters of the loan closure process., as I am not present here for these days but want to get all the process done regarding my loan closure of the previous loan that I have taken on the date of (Write the date).
My relative can give all information correctly about the background and other details that are required which you will need in the procedure.
I have wanted to do this for a long time and was waiting for a direct interaction regarding this but cannot do so as I am busy (Write the details).
So Mr (Write the name) will be taking the authority and can make any decision to give my information and sign all my documents on my behalf of me.
I am also attaching all the documents here in this letter. Be assured I am taking responsibility for this. Hope you will understand my situation, will consider my request, and oblige me.
Thank you for understanding,
Sincerely,
(Hand-written Signature)
(Write the date)
(Notary or witness if required)
Download Template :
(pdf, docs, ODT, RTF, txt, HTML, Epub, Etc)
Template: 3
Loan Closure Authorization Letter
(Write your name)
(Write your address)
(Write your contact information)
(Write the Date)
(Write the name of the Recipient)
(Write the address of the Recipient)
(Write the contact Information of the Recipient)
Sub: Letter of Authorization for Loan Closure
Dear (Write the name of the Recipient)
I, (Write the name of the person) is to address Mr (Write the name of the authorized person), who is one of my trusted relatives, will be going through all the loan closure on my behalf, as I will not be able to present for few days but wanted to get the process done regarding the loan closure procedure of loan that was taken previously by me, on the given date of (Write the date).
He will be all the information correctly regarding my background and other details, which are required by you for this procedure.
I am sorry for not being able to interact with you personally regarding this matter of loan closure.
As I am keeping busy these days (Write the details). Therefore, I am allowing my relative, Mr (Write the name), to take full authority for any decision and sign all documents required on his behalf.
I have attached attaching all the documents required with this letter. Be assured that I am taking responsibility for this request of mine. Hope you will consider my request and oblige.
Thank you so much
Sincerely,
(Hand-written Signature)
(Write the date)
(Notary or witness if required)
Download Template :
(pdf, docs, ODT, RTF, txt, HTML, Epub, Etc)
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