Respected Sir/ Madam,
This is to most humbly inform you that I am ________ (name), and I am holding a loan account in your reputed bank. My loan account number is ______________ (mention account number).
I would like to bring into your kind consideration that I took a loan from your bank for __________ (type of loan account – home loan/term loan/business loan/gold loan/any other) purpose and I have already repaid the complete loan amount i.e. __________ (mention loan amount) as on __/__/____ (date). Moreover, I have received the NOC for the same. I would like to request you to kindly release my collateral.
I shall be obliged for your kind response in this regard. For further queries, you may contact me at __________ (mention).
____________ (Your name),
____________ (Loan account number),
____________ (Contact number)