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Loan Closure Letter

Employee

This is a loan closure letter template. This template is for an employee who borrowed personal loan from the company and is requesting loan closure to the employer.

How to Tailor the Document for Your Need?


01

Create Document

Click "Create Document" button and the document will be prepared with your account details automatically filled in.

02

Fill Information

Please fill in any additional information by following the step-by-step guide on the left hand side of the preview document and click the "Next" button.

03

Get Document

When you are done, click the "Get Document" button and you can download the document in Word or PDF format.

04

Review Document

Please review the document carefully and make any final modifications to ensure that the details are correct before sending to the addressee.

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Document Description

This is a loan closure letter template. This template is for an employee who borrowed a personal loan from the company and is requesting loan closure from the employer. Most commonly, a loan will be closed when a person has fully repaid it. In the case of an employee borrowing from the company, the loan can be fully repaid with his personal savings or his salary.

How to use this document?

This document should be carefully read by the Employee.  

The Employee should ensure that all the details regarding the loan are entered correctly. The letter can be customised by choosing an appropriate reason for loan closure.

The Employee may attach any documents to support the request for the loan closure with the letter so that the request can be processed smoothly by the Employer. 

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