{"id":2251,"date":"2021-06-17T14:01:09","date_gmt":"2021-06-17T14:01:09","guid":{"rendered":"https:\/\/www.samplefilled.com\/?p=2251"},"modified":"2021-06-17T14:03:09","modified_gmt":"2021-06-17T14:03:09","slug":"sbi-home-loan-closure-letter-format-sample-in-word","status":"publish","type":"post","link":"https:\/\/www.samplefilled.com\/sbi-home-loan-closure-letter-format-sample-in-word\/","title":{"rendered":"SBI Home Loan Closure Letter Format Sample in Word"},"content":{"rendered":"\n

Whenever you want to close your home loan in the State Bank of India, then you need to write a loan closure request letter to the bank. Here you can find some sample loan closure letter formats which you can download in Word format.<\/strong><\/p>\n\n\n\n

After closing your loan in SBI make sure that you received all your documents which you have submitted while applying for the loan, and NOC(No Objection Certificate), Non-Encumbrance certificate, if there is any lien on your house then remove that lien at your registrar office.<\/p>\n\n\n\n

SBI Home Loan Closure Letter Format (When All EMIs are Paid)<\/h2>\n\n\n\n
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To<\/p>\n\n\n\n

The Manager,<\/p>\n\n\n\n

State Bank of India,<\/p>\n\n\n\n

Bank Address.<\/p>\n\n\n\n

Sub: Request to close my home loan.<\/p>\n\n\n\n

Dear Sir\/Madam,<\/p>\n\n\n\n

I,__________(your name) have taken a home loan from your bank bearing loan account number ___________(Your loan account number). I have cleared all my home loan EMI dues as of this month i.e __________(mention last paid EMI month, year). <\/p>\n\n\n\n

Hence here I would like to request you to kindly close my home loan and please guide me about the further process if any.<\/p>\n\n\n\n

Thanking you.<\/p>\n\n\n\n

Yours  Sincerely,<\/p>\n\n\n\n

Your name.<\/p>\n<\/div><\/div>\n\n\n\n

Download Word Format<\/strong><\/a><\/div>\n\n\n\n
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SBI Home Loan Closure Letter Format (For Pre closing \/ The Home Loan).<\/h2>\n\n\n\n
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To<\/p>\n\n\n\n

The Bank Manager,<\/p>\n\n\n\n

State Bank of India,<\/p>\n\n\n\n

Bank Address.<\/p>\n\n\n\n

Sub: Home loan pre closing request.<\/p>\n\n\n\n

Dear Sir\/Madam,<\/p>\n\n\n\n

My name is __________(your name) writing this request letter to pre close my home loan associated with loan account no. _____________(your home loan account number).<\/p>\n\n\n\n

I would like to clear my total outstanding loan amount in one payment, so kindly guide me the process of pre closing my home loan<\/p>\n\n\n\n

Thanking you.<\/p>\n\n\n\n

Yours sincerely,<\/p>\n\n\n\n

Your name.<\/p>\n<\/div><\/div>\n\n\n\n

Download Word Format<\/strong><\/a><\/div>\n\n\n\n
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After Closing the Home Loan Online<\/h2>\n\n\n\n
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To<\/p>\n\n\n\n

The Bank Manager,<\/p>\n\n\n\n

State Bank of India,<\/p>\n\n\n\n

Bank Address.<\/p>\n\n\n\n

Sub: Home loan closing request.<\/p>\n\n\n\n

Dear Sir\/Madam,<\/p>\n\n\n\n

With due respect I am___________(your name), writing this request letter to close my home loan bearing account no. ______________(loan a\/c number). <\/p>\n\n\n\n

I have cleared my outstanding loan due online, and please find the enclosed loan payment receipt enclosed with this letter.<\/p>\n\n\n\n

Here I am requesting you to kindly close my home loan and issue all the necessary documents.<\/p>\n\n\n\n

Thanking you.<\/p>\n\n\n\n

Sincerely,<\/p>\n\n\n\n

Your name.<\/p>\n<\/div><\/div>\n\n\n\n

Download Word Format<\/strong><\/a><\/div>\n\n\n\n
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FAQs<\/h3>\n\n\n\n

What is the interest rate on SBI home loans?<\/strong><\/p>\n\n\n\n

SBI is offering home loans with an interest of 6.70% for a loan amount upto 30 Lakhs, and 6.95% for loan amounts of 30 Lakhs to 75 Lakhs, and 7.05% for above 75 Lakhs loan amount.<\/p>\n\n\n\n

How many days will it take the bank to return my documents after closing the home loan?<\/strong><\/p>\n\n\n\n

In most cases it will take a maximum 7 days to return your documents and NOC after clearing the home loan.<\/p>\n\n\n\n

Can I close my SBI home loan before the tenure?<\/strong><\/p>\n\n\n\n

Yes , you can close your SBI home loan even before the tenure.<\/p>\n\n\n\n

Are there any pre-closure  charges if I close my SBI home loan ?<\/strong><\/p>\n\n\n\n

No\u00a0 pre-closure charges will be levied if you close your SBI home before the tenure.<\/p>\n\n\n\n

Also Read<\/span><\/strong><\/p>\n\n\n\n