Sample Email for Payment Plan Update – Email to Request for Updating the Payment Plan

Respected sir/ madam,

This is to most respectfully inform you that I am writing this email to request you to kindly change the installment plan for the loan that I have taken from your bank for my account number ____________ (mention account number).

Through this email, I would like to inform you that currently I am repaying the loan in ________ (mention number of installments) amounting to _________ (amount). I am now willing to repay the same in _____________ (mention number of installments) amounting to __________ (mention amount).

I shall be highly obliged if you could guide me through the procedure. In this regard, you may please contact me at __________ (mention contact number).

[Digital Signature – if applicable]
____________ (Signature)
____________ (Name),
____________ (Contact details)

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