Request for Loan Forgiveness (Debt Forgiveness)- Sample Application for Loan Forgiveness to Bank

The Branch Manager,

I write this email to inform you that I am holding a loan from your bank in my name bearing loan account number __________ (mention loan account number). My name is __________ (name).

I most respectfully, write this email to request you to forgive my outstanding loan from your institution. I am not going through a tough financial condition as ___________ (unemployment/ loss of job/ loss of property/ death of earning person/ any other), and due to which I am and will be unable to repay the loan amount.

I will be happy to provide all the documentation and information required for loan forgiveness process.

It is to request you to kindly forgive me for being a payment defaulter. I shall be obliged if you could forgive my outstanding amount. I expect your response at the earliest. Please do revert to this email.

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

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