Home » Letters » Bank Letters » Application for closing RD Account – Recurring Deposit Closure Letter
Application for closing RD Account – Recurring Deposit Closure Letter
Table of Contents:
- Sample Letter
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To, The Branch Manager, ______ (Bank Name) ______ (Branch) ______ ( Branch Address)
Date: __/__/____ (DD/MM/YYYY)
Subject: Closure of RD No. ____ (Recurring Deposit Number)
l am holding a Recurring Deposit A/C No. ____ (RD Number) in the name of ____ (Name). My recurring deposit no. ________ which was due for maturity, got matured on ______ (date of maturity)
Kindly close the RD and credit the amount in my _______ (type of account) account No. ____ (Account Number)
Thanking You,
Signature: ________ Name: ________ Contact: ________
Enclosure: RD Receipt/ RD Advice KYC Documents (if applicable) Customer Request Form (if applicable)
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- Begin the letter with "To the Branch Manager" followed by the bank's name and branch address. State the subject as "Closure of RD No. [Recurring Deposit Number]."
- Include your account details, such as the RD number and maturity date, along with a request to close the account and transfer funds to your specified account.
- Yes, it's recommended to enclose documents like the RD receipt or advice, KYC documents if applicable, and a customer request form if required.
- End the letter with a polite closing such as "Thank you for your assistance" or "Yours sincerely," followed by your signature, printed name, and contact details.
- If you have any queries or need further assistance, consider contacting the bank directly for clarification or guidance.
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Application for Closing Bank Account: Format and Samples Letter
Closing a bank account may seem like a daunting task, but with the right approach, it can be a straightforward process. In this blog, we'll explore the essential steps and provide a sample letter template to guide you through writing a formal letter for closing your bank account. Whether you're switching banks or simplifying your finances, we've got you covered with practical tips and a clear, concise letter format to help you navigate the account closure process with ease.
Table of Content
Application for Closing Bank Account
Steps to write a letter to close a bank account, standard format of an account closing letter, guidelines to follow before closing your bank account, bank account closing letter format.
- [Your Name]
- [Your Address]
- [City, State, Zip Code]
- [Your Email Address]
- [Your Phone Number]
- [Bank Name]
- [Bank Address]
Subject: Request for Account Closure
Dear [Bank Name] Manager,
I, [Your Name], hold a Savings Account with your bank. Due to some personal circumstances, I am unable to maintain the account and would like to close it.
Please find the account passbook enclosed with this letter. I kindly request you to initiate the account closure process at the earliest convenience.
Thank you for your assistance in this matter.
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Writing a letter to close a bank account is a straightforward process. Here are the steps you can follow:
- Address the Letter: Begin by addressing the bank manager or appropriate authority with the correct salutation, such as "Dear [Bank Name] Manager."
- State Your Intent: Clearly state your intention to close your bank account due to personal reasons. Mention the type of account you hold (e.g., savings account) for clarity.
- Provide Necessary Details: Include essential account information, such as your account number, to ensure accurate identification of the account to be closed.
- Request Action: Politely request the bank to initiate the account closure process. If applicable, mention any accompanying documents, like an enclosed passbook, to facilitate the process.
- Express Gratitude: Conclude the letter by thanking the bank for their services and cooperation. Provide your contact information for any further communication or clarification.
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[Your Name] [Your Address] [City, State, Zip Code] [Your Email Address] [Your Phone Number] [Date]
[Bank Name] [Bank Address] [City, State, Zip Code]
I am writing to formally request the closure of my [Type of Account] account with your institution. The details of my account are as follows:
Account Holder Name: [Your Name] Account Number: [Your Account Number]
I kindly request that you proceed with the necessary steps to close this account and provide confirmation of closure at your earliest convenience.
Please ensure that any remaining balance in the account is transferred to my linked account or issued to me in the form of a cashier's check.
Thank you for your prompt attention to this matter. Should you require any further information or clarification, please do not hesitate to contact me at the above-mentioned contact details.
Sincerely, [Your Name]
Before closing your bank account, consider the following guidelines:
- Review Account Activity: Check for any pending transactions, outstanding checks, or automatic payments linked to your account. Ensure that all transactions are completed and there are no pending balances.
- Update Direct Deposits and Automatic Payments: Notify any companies or institutions that deposit funds directly into your account or make automatic withdrawals. Provide them with your new account information if necessary.
- Transfer Funds: Transfer any remaining funds from your current account to your new account or withdraw cash if needed. Ensure that your account balance is sufficient to cover any outstanding checks or payments.
- Cancel Automatic Transfers: Cancel any recurring transfers between your accounts to avoid unexpected transactions after closure.
- Return Bank Items: Return unused checks, debit cards, and any other bank-related items to the bank.
- Check for Fees: Review your bank's account closure policies and check for any associated fees or penalties for closing your account.
- Notify the Bank: Contact your bank to inform them of your intention to close your account. Follow their procedures for account closure, which may include submitting a written request or visiting a branch in person.
- Obtain Confirmation: Request written confirmation of the account closure from the bank for your records.
- Update Contact Information: Provide your new contact information to the bank to ensure that you receive any final statements or correspondence.
- Monitor Account Activity: Continue to monitor your account for any final transactions or fees that may occur after closure. Keep records of the closure process for future reference.
Sample 1 – Current Account Closing Letter:
Subject: Closure of Current Account (Account Number: [Your Account Number])
I am writing to request the closure of my current account (Account Number: [Your Account Number]) with your bank. Due to personal reasons, I have decided to consolidate my banking activities and close this account.
I kindly request you to initiate the necessary steps to close the account and provide confirmation of closure at your earliest convenience. Please ensure that any remaining balance in the account is transferred to my linked account or issued to me in the form of a cashier's check.
Thank you for your prompt attention to this matter.
Sample 2 – Letter to Bank Manager for Closing Account:
[Bank Manager's Name] [Bank Name] [Bank Address] [City, State, Zip Code]
Dear [Bank Manager's Name],
I am writing to formally request the closure of my savings account (Account Number: [Your Account Number]) with your esteemed bank. Due to personal circumstances, I have decided to terminate my banking relationship with your institution.
I kindly request you to initiate the necessary steps to close the account and provide confirmation of closure at your earliest convenience. Please advise me of any outstanding balances or procedures required to complete the closure process.
Thank you for your cooperation in this matter.
Sample 3 – Request Letter for Bank Account Closure:
Subject: Request for Bank Account Closure
Dear Sir/Madam,
I am writing to formally request the closure of my bank account (Account Number: [Your Account Number]) with your esteemed bank. Due to personal reasons, I have decided to discontinue my banking services with your institution.
I kindly request you to initiate the necessary steps to close the account and provide written confirmation of closure at your earliest convenience. Please ensure that any remaining balance in the account is transferred to my linked account or issued to me in the form of a cashier's check.
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FAQs on letter for closing bank account
How do i write a letter to close my bank account.
To write a letter, start with a formal salutation, state your intention clearly, provide your account details, and request closure and confirmation.
How do I close my bank account?
You can close your bank account by visiting the bank in person, submitting a written request, or sometimes through online banking platforms, following the bank's specific procedures.
What is the right wording for closing a bank account?
The right wording includes a polite request for closure, clear identification of your account, and a request for confirmation of closure, ensuring clarity and formality.
How do I write a letter to terminate an account?
Write a formal letter addressing the bank manager, state your intention to terminate the account, provide necessary account details, and request closure and confirmation.
Sample letter to close current bank account and transfer funds?
"Dear [Bank Manager], I am writing to request the closure of my current account [Account Number] and transfer the remaining funds to [New Account Details]. Please confirm the closure at your earliest convenience."
How do I write a letter to close my SBI bank account?
Start with a formal salutation, state your intention clearly, provide your SBI account details, and request closure and confirmation in a polite and professional manner.
How to write a bank account closure letter to the customer?
Address the customer formally, state that their account will be closed per their request, provide any necessary instructions or information, and thank them for their patronage in a courteous manner.
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Application for Closing Bank Account – Format
Do you hold a bank account that is either inactive or that you are unable to keep up with? It’s not complicated to close your account; all you need to do is write the manager a request letter. For your convenience and comprehension, we are providing the format for the application for Closing Bank Account.
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Why should I Close a Bank Account?
Different people may have different motives for closing a bank account. The most frequent causes include inadequate service or response, excessive fees, use of online services, etc. Other reasons can be that you can’t keep up with the account or need the money, or just want to open a new account.
Another situation can be that the bank may shut your account if it has been dormant for a very long time, if it has had zero balance for an extended length of time if there have been too many bounced checks or overdrafts, or if identity theft has occurred, etc.
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What Documents will you Require to Close a Bank Account?
To terminate a bank account, you must provide certain items to the bank that are highly significant. For instance,
- Account Number in a bank.
- Name of the account holder.
- The account holder’s signature.
- Original bank account passbook.
- Paycheck Book (If Issue).
- An ATM Card (If Issue).
- Identify Evidence (Ex. Aadhar Card, Pan Card, Voter ID Card, Driving License).
- The Address Is (Ex. Aadhar Card, Voter ID Card)
With the aforementioned items in hand, you should be able to shut your bank account without incident if you visit your local branch of the bank. You could have to pay it, though, as many banks may impose “account closing costs.”
Format of a Letter in order to Close a Bank Account
You must submit a letter to the bank manager each time you want to open or close a bank account outlining your motives. Here are some sample letters to assist you.
Format of an Account Closing Letter
The Branch Manager
Name of the Bank
Bank Address
Sir/ Ma’am,
Body of the letter
Thanking you
Yours faithfully,
Signature of the Account Holder
Name of the Account Holder
- Account Holder’s Name: [Your Full Name]
- Account Number: [Your Account Number]
- Account Type: [Savings/Current/Other]
I would like to request a written confirmation of the account closure once the process is completed. Kindly provide me with an official statement stating that the account has been closed, along with a zero balance verification. Should you require any further information or documentation from my end to expedite the account closure process, please do not hesitate to contact me via the contact details provided below.
Thank you for your attention to this matter. I look forward to your prompt action and the closure of my bank account. I appreciate your cooperation throughout this process.
Yours Sincerely.
Sample 2: Simple Bank Account Close Application Letter
To The Manager Name of the Bank Name of the Branch Address of the Branch
Sub: Application to close bank account
Dear Sir/Madam,
My bank’s savings account number is XXXXXXX. I’m now unable to keep this account going. Therefore, I respectfully ask that you terminate the account and credit the money to my cash or debit card.
Thanking you,
Sample 3 – Bank Account Close Application
To The Bank Manager, Bank Name, Branch Name, City.
Subject: Closing of Bank Account-A/C-XXXXXXX
Respected Sir/Madam,
With due respect, I Beg to say that I hold a savings account in your branch and I want to close this account due to some personal reasons with immediate effect. Details of the account are as under –
- Account Holder Name –
- Account No – XXXXXXXX
- IFSC code – XXXXXX
- Current Balance – Rs. XXXXX.XX
Kindly close my above-mentioned account and hand over the balance amount in cash. I will be thankful to you.
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Sample 4 – Bank Account Close Application Letter
To The Manager, Bank Name, Branch Name, (Full postal address of the branch) Date-
Subject- Closing of Savings / Current Bank Account
I humbly request that I have been an account holder with ______ (Account Holder Name) in your bank for some years. For some reason, I want to close my bank account. My account number is _____ (Bank Account Number) and my ATM number is ____ (ATM Number).
Therefore, you are requested to kindly close my account and return my outstanding amount to me. I will always be grateful to you. Your kind co-operation in this regard will be highly appreciated.
Thanking you.
Yours truly, Name- Address – Mobile No- Email ID-
Sample 5 – Application For Closing Bank Account
To The Branch Manager, Name of the Branch, Address of the Branch (example: Bigoram, Kolkata, 700386)
Subject: Request for pre-closing ongoing recurring deposit (RD) account
My savings account no. is XXXXXXXXXX and RD account no. is XXXXXXXXXX in your bank. Due to some unavoidable reasons, I’m not able to continue the RD payment.
So you are requested kindly to pre-close the RD account before the maturity period and deposit the so far amount from RD to my savings account.
Yours sincerely, Signature – Name – Mobile No –
FAQs on Application For Closing Bank Account Letter
Question 1 – Is it required to write a letter to close a bank account?
Answer: Writing a letter to the manager and asking him to permanently shut your account is a simple and safe method.
Question 2 – How long is the time frame for closing a bank account?
Answer: It entirely depends on your bank, to be honest. You can ask the bank manager to finish this task as quickly as feasible. But it only takes five to 10 days at most.
Question 3: Can a bank account be closed online?
Answer: Either yes, no, or both are acceptable answers to this question. Due to the fact that some banks in India allow you to close your bank account online while others do not.
Bank account closure is much simpler than you would imagine. You can attempt to develop your own application using the aforementioned examples as a guide.
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Bank Account Closure Request Application (with Samples & PDFs)
I have listed sample templates to help you craft an effective and professional bank account closure request application.
Also, I would like to point out that you can also download a PDF containing all the samples at the end of this post.
Bank Account Closure Application Request
First, find the sample template for bank account closure request application below.
To, The Branch Manager, [Bank Name], [Branch Address],
Subject: Request for Closure of Bank Account
Dear Sir/Madam,
I, [Your Full Name], am writing this letter to bring to your kind attention that I wish to close my bank account with your esteemed bank. The details of my account are as follows:
Account Name: [Your Full Name] Account Number: [Your Bank Account Number] Account Type: [Savings/Current]
Due to some personal reasons, I am unable to continue with this account and hence, I request you to kindly process my request for closure at the earliest. I assure you that there are no dues or outstanding payments to be made from my end.
I understand that this process will involve the settlement of any interest or charges applicable. I will cooperate fully during this process and provide any further information required.
I request you to kindly proceed with the closure and provide me with a confirmation when the entire process is complete. All the necessary documents, cheque book, ATM card etc., related to this account will be returned to your bank promptly.
Thank you for your understanding and cooperation in this matter.
Yours faithfully, [Your Full Name] [Your Contact Number] [Your Email Address] [Date]
Below I have listed 5 different sample applications for “bank account closure request application” that you will certainly find useful for specific scenarios:
Application for Closing Bank Account Due to the Demise of the Account Holder
Subject: Application for Closing Bank Account Due to the Demise of the Account Holder
Respected Sir/Madam,
I am writing this application to inform you about the sad demise of my [relation to the deceased, e.g., father], Mr./Mrs. [Deceased Account Holder’s Name], who held a savings/current account in your bank with the account number [Account Number]. Unfortunately, he/she passed away on [Date of Death] due to [Cause of Death, if comfortable sharing].
As the legal heir and nominee of the deceased account holder, I kindly request you to close the above-mentioned account and release the outstanding balance to me. I have attached the required documents, including the death certificate, nominee declaration form, and identity proof, for your reference and verification.
I understand the procedures involved in closing the account and assure you of my full cooperation during the process. Kindly let me know if any additional information or documentation is required from my end.
I humbly request you to expedite this process as I need to settle several financial matters of the deceased. I shall be grateful for your prompt assistance in this matter.
Thanking you.
Yours faithfully, [Your Name] [Your Address] [Your Contact Number] [Your Email Address] Date: [Current Date]
HDFC Bank Account Termination Request Application
To, The Branch Manager, HDFC Bank, [Branch Name], [Branch Address],
Subject: Request for Account Termination
I, [Your Name], resident of [Your Address], am writing this application to request the termination of my bank account held in your branch. My account details are as follows:
Account Name: [Your Name] Account Number: [Your Account Number] Account Type: [Savings/Current]
Due to [reason for account closure], I have decided to close my account with your bank. I request you to kindly process this request at the earliest and release the remaining account balance as a demand draft or transfer it to my new bank account (details mentioned below) as per my preference.
New Bank Account Details (if required): Bank Name: [New Bank Name] Account Number: [New Account Number] IFSC Code: [New Bank IFSC Code]
Please find enclosed any documents, cheque books, and debit cards related to this account. I understand that any outstanding dues, if any, will be adjusted against the account balance before closure.
I would like to thank you for the services provided by HDFC Bank during my association with the bank. Kindly acknowledge the receipt of this application and confirm the account termination.
Yours faithfully,
[Your Name] [Your Contact Number] [Your Email Address] [Date]
Bank Account Cancellation Application Owing to Deceptive Fees and Charges
Subject: Bank Account Cancellation Application Owing to Deceptive Fees and Charges
I am writing this application to formally request the cancellation of my account (Account No: XXXXXXXXXX) with your esteemed bank due to deceptive fees and charges that I have been incurring on my account.
I have been a loyal customer of your bank since [year of account opening], and I have always admired your bank’s services and offerings. However, recently I have noticed multiple charges on my account, which were neither properly communicated nor clarified to me beforehand.
The fees in question include [mention the fees and charges] which, upon inquiry, seem to be inconsistent with the standard charges and fees presented to me when I opened the account. These unexpected and deceptive fees have caused me considerable financial strain and dissatisfaction as a customer.
As per my knowledge, I have never opted for any additional services that would warrant such charges. I believe that such practices are unjust and unacceptable. Therefore, I urge you to cancel my account with your bank immediately and provide me with a written confirmation of the same.
Before the account closure, I kindly request you to transfer the remaining balance to my alternate account in a different bank. I have provided the details below:
Account Holder Name: [Your Name] Account Number: [Alternate Account Number] Bank Name: [Alternate Bank Name] Branch Address: [Alternate Bank Branch Address] IFSC Code: [Alternate Bank IFSC Code]
I hope you will resolve this matter promptly and take necessary steps to prevent such deceptive fees and charges in the future. I appreciate your cooperation and assistance in this matter.
[Your Name] [Your Address] [City, PIN Code] [Mobile Number] [Email Address]
Canara Bank Account Cancellation Procedure Application
To, The Branch Manager, Canara Bank, [Branch Name], [Branch Address], [City Name], [Postal Code]
Subject: Request for Account Cancellation
I, [Your Full Name], hold a savings/current account (Account Number: [Your Account Number]) in your esteemed bank at the [Branch Name] branch. Due to certain personal reasons, I would like to request the cancellation of my account with immediate effect.
I have cleared all the outstanding dues and transactions in my account as of [Current Date]. I understand that upon cancellation, I shall not be able to use any of the banking services associated with my account.
I request you to kindly initiate the account cancellation procedure and refund any remaining balance, if applicable, to my alternate account (Account Number: [Alternate Account Number], Bank Name: [Alternate Bank Name]) or provide me with a demand draft for the same.
Kindly acknowledge the receipt of this application and inform me once the account has been closed successfully.
Thank you for your attention to this matter, and I appreciate your prompt assistance.
Yours faithfully, [Your Signature] [Your Full Name] [Your Address] [Your Contact Number] [Your Email ID]
PNB Bank Account Discontinuation Request Application
To, The Branch Manager, Punjab National Bank, [Branch Name], [Branch Address],
Subject: Request for Account Discontinuation
I, [Your Name], holding a Savings Bank Account (A/C No: xxxxxxxxxx) with your esteemed bank at the [Branch Name] branch, request you to kindly discontinue my bank account with immediate effect.
Due to certain personal reasons, I am no longer able to maintain my account with PNB. I have already withdrawn my remaining balance and have no outstanding dues or liabilities towards the bank.
I have attached my passbook, unused cheque leaves, and debit card along with this application. Kindly process my request at the earliest and provide me with a confirmation of the account closure.
Thanking you for your prompt assistance in this matter.
[Your Name] [Full Address] [Contact Number] [Email ID]
How to Write Bank Account Closure Request Application
Some writing tips to help you craft a better application:
- Write the application in a formal and polite tone.
- Mention the account holder’s name, account number, and contact details.
- Include the current date, as well as the date of account creation, if possible.
- State the reason for closing the account, and provide any relevant context.
- Request that any outstanding balance or interest be transferred to another account or paid via check or direct deposit.
- Verify personal information and provide identification, if required.
- Ask the bank to confirm receipt and action of the request in writing or via email.
- Include a signature at the end of the application.
- Address the application to the appropriate department or branch manager.
- Keep a copy of the application for personal records.
Related Topics:
- Casual Leave Application for Urgent Work Commitments
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View all topics →
I am sure you will get some insights from here on how to write “bank account closure request application”. And to help further, you can also download all the above application samples as PDFs by clicking here .
And if you have any related queries, kindly feel free to let me know in the comments below.
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Application For Closing Bank Account – Letter Format & 15+ Samples
If you’re in need of some Application For Closing Bank Account examples, or looking for Bank Account closing Letter Format? then you’ve come to the right place!
This comprehensive guide offers everything you need to know about writing a bank account closure application letter, plus 15+ samples to help you get started.
So, lets get started..
Table of Contents
Application for closing bank account in english
To, The Bank Manager [Bank name] [Branch name] [Name of city/vill]
Date : day/month/year
Subject: Application to close bank account.
Respected sir/madam,
This is to draw your kind attention that I have been holding a savings account in your esteemed bank for many years. Due to some inevitable circumstances, I will not be able to continue with the current account.
My bank details are cited below: [Name] [Account number] [IFSC Code] [Registered mobile number]
I therefore request you to close my current account and credit the money to me in cash at the earliest possible. Your promptness in this regard will be highly appreciated.
Thanking you
Yours faithfully [Signature] [Address with pin code]
Simple bank account closing application request letter
Subject : Letter requesting bank account closure.
I hold a savings account in your bank, __ (branch name) branch. My account number is __ (your account number) . I wish to close my account since I do not require it anymore. I am handing over my bank ATM card, cheque book and passbook along with this letter.
I therefore request you humbly to do the needful and close this savings account and hand over the remaining balance to me in cash. I will be ever grateful to you for this act of benevolence.
Yours sincerely [Signature] [Address with pincode] [Contact details]
Also Read: Application for bank statement for 6/3 months
Application for closing bank account due to death
Subject : Application for closing bank account due to death.
I am writing this letter with the intention to inform you that my father and I hold a joint account in your bank, __ (branch name) branch. With a heavy heart I wish to convey that my father Mr. Rajiv Verma has recently expired. I want you to close the savings account and transfer the money to my new account.
Old bank account details: [Name ] [Account number] [Account type] [IFSC code]
New bank account details : [Name ] [Account number] [Account type] [IFSC code]
Kindly consider the matter and do the needful at the earliest possible for which I shall be grateful to you
Yours sincerely [Signature] [Phone no]
Application for closing current bank account
Date: day/month/year
Subject: Application for the closure of current bank account.
Respected sir/madam
With due respect and humble submission I seek to state to you that I am holding a current account in your reputed bank, __ (branch name) branch under the name __ (your name).
I am unable to operate this account anymore and I want you to close the account with immediate effect and hand the money to me in cash.
Kindly act with promptness in this regard for which I shall be very thankful to you.
Thanking you [Name] [Account number] [IFSC code] [Registered phone number] [Email id]
Application for closing bank account due to death of husband
Subject : Application for closing bank account due to death of husband
My husband Rakesh Singh has held a savings account in your esteemed bank since 2018.
Due to his demise very recently, I want you to close his account and credit the balance into my account.
The bank details are mentioned below [Name] [Account number] [IFSC Code] [Registered mobile number]
I hope that you look into the matter earnestly and do the needful at the earliest possible.
I shall be grateful to you for this act of kindness.
Yours sincerely [Name] [Signature] [Address with pin code] [Contact number]
Indusind bank account closing letter format
To, The Bank Manager Indusland Bank [Branch name] [Name of city/vill]
Subject : Request letter for closing bank account.
I am Leela Jain, an account holder in your esteemed bank for a few years now. My account number is __ (your account number) . Due to some personal reasons I will not be able to carry on with the current account. Hence, I would like you to kindly close the account and hand me the balance in cash.
I therefore request you to do the needful as soon as possible. My convenience through your cooperation will be highly appreciated.
Yours sincerely [Signature] [Contact details] [Address with pin code]
HDFC bank account closing letter format
To, The Bank Manager HDFC Bank [Branch name] [Name of city/vill]
Date : day/month/year
Subject: Letter requesting the closure of bank account.
With reference to the subject cited above I wish to draw your kind attention to the fact that I am an account holder of your esteemed bank, __ (branch name) branch. Due to some issues I am unable to maintain the account. I urge you to kindly stop the transactions and close the bank account. Also please transfer the available balance to my new account.
Old bank account details: [Name ] [Account number] [IFSC code] [Registered mobile number]
New bank account details [Name ] [Account number] [IFSC code]
The consideration of this letter at the earliest will be highly appreciated.
Yours faithfully [Signature] [Contact details]
Corporation bank account closing letter format
To, The Bank Manager Corporation Bank [Branch name] [Name of city/vill]
Subject: Request letter for bank account closure.
With due respect I would like to bring it into your notice that I am an account holder of your esteemed bank. My account number is __ (your account number) .
Therefore you are humbly requested to kindly close my savings account and stop the transactions. Also I would like the account balance to be handed over to me in cash.
Your eagerness in this cause shall be highly appreciated.
Yours faithfully [Signature] [Address with pin code] [Account number]
Application for closing bank account and transfer money to another account
Subject : Application for the closing of bank account.
With reference to the subject cited above I wish to state to you that I am an account holder of your esteemed bank. My account number is __( your account number). I am shifting permanently to another city and I wish to close my account as I have recently opened a new one in a different branch.Kindly close my account and transfer the available balance to my new account.
New bank account details: [Name ] [Account number] [Account type] [IFSC code]
I therefore request you to kindly look at the matter at the earliest possible and consider this as a matter of urgency. I shall always be grateful to you for your promptness in this regard.
Yours faithfully [signature] [Address with pin code]
Application for closing bank account in SBI
To, The Bank Manager State Bank Of India [Branch name] [Name of city/vill]
Subject: Application letter requesting to close bank account.
My account number is ___ (your account number) .I have been holding a savings account in your esteemed bank for the last few years. Due to some inescapable circumstances, I am unable to operate the account. I request you to close the account and stop the transactions.
Your promptness in this matter will be highly appreciated.
Yours sincerely, [Signature] [Address with pin code] [Contact details]
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A guide to writing a professional account closure application, bank account transfer application.
Closing a bank account is a significant financial decision that requires careful consideration and proper communication with your bank. Whether you're closing a current account, savings account, or any other type, following the correct procedures and ensuring that your request is communicated is essential. This guide will provide samples and tips for writing a professional account closure application using relevant LSI keywords, aiming for a Flesch score of over 80.
Sample 1: Current Account Closing Letter
Sender Information:
[Your Name]
Recipient Information:
[Bank Name]
[Bank Address]
[City, State, Zip Code]
Dear [Bank Manager's Name],
Purpose of the Letter:
I am writing to request the closure of my current account ([Account Number]) with your bank. I have recently evaluated my financial needs and have decided to consolidate my banking services.
Request Details:
Please close all associated accounts and terminate any automatic payments or withdrawals linked to this account. Additionally, please issue a check for the remaining balance in the account to the address listed above.
Closure Confirmation:
I appreciate your prompt attention to this matter and kindly request confirmation of the account closure in writing.
Thank you for your cooperation.
Sample 2: Letter to Bank Manager for Closing Account
[Bank Manager's Name]
I am writing to inform you of my decision to close my bank account ([Account Number]) with your institution. Due to personal reasons, I no longer require the services of this account and wish to proceed with its closure.
Please provide me with the necessary forms and instructions to facilitate the account closure process. Also, please ensure that any remaining balance in the account is transferred to my designated account or issued via check.
I appreciate your assistance and kindly request confirmation of the account closure once it has been processed.
Thank you for your attention to this request.
Sample 3: Bank Account Closing Letter
Dear Sir/Madam,
I am writing to formally request the closure of my bank account ([Account Number]) with your esteemed institution. After careful consideration, I have transferred my banking services to another provider.
Please initiate the account closure process and provide me with any necessary forms or instructions to complete it. Furthermore, please ensure that any remaining balance is transferred to my designated account or issued via check.
I appreciate your prompt attention to this matter and kindly request confirmation of the account closure once finalized.
Conclusion:
Closing a bank account requires careful planning and communication to ensure a smooth transition. By following the guidelines in the above samples and tailoring them to your specific situation, you can effectively communicate your request for account closure to your bank while maintaining professionalism and clarity. Remember to record all correspondence related to the account closure for your records.
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Recurring Deposit Account Closure Application Letter. First, find the sample template for recurring deposit (rd) account closure application below. ... I request you to kindly complete the necessary formalities for closing my recurring deposit account and transfer the entire maturity amount, including the interest accrued, to the mentioned ...
Writing an effective letter, such as a request to close a recurring deposit account before maturity, requires clarity and politeness. It's important to clearly state the purpose of the letter and include all necessary details, such as account numbers and reasons for closure.
How do I address a letter to close a recurring deposit account? Begin the letter with "To the Branch Manager" followed by the bank's name and branch address. State the subject as "Closure of RD No. [Recurring Deposit Number]." ... Application for Closing RD Account Before Maturity - Recurring Deposit Premature Closure Letter Sample .
To close your bank account, you must write an application letter to the manager of your respective bank branch. The following are Ideal formats for writing Application for Closing Bank Account. ... Cancel any recurring transfers between your accounts to avoid unexpected transactions after closure. ... Bank Account Closing Letter Format Sample 1 ...
Sample 2: Simple Bank Account Close Application Letter. To The Manager Name of the Bank Name of the Branch Address of the Branch. Sub: Application to close bank account. Dear Sir/Madam, ... Subject: Request for pre-closing ongoing recurring deposit (RD) account. Dear Sir/Madam,
o Accounts must have a zero or positive balance in order to be closed. o All deposits, outstanding and pending items must be posted to the account in order to be closed. o Any recurring payments or withdrawals from your account need to be cancelled before your request to close (examples include bill payments
5 best application samples for "bank account closure request application". Also download application samples as PDFs. ... Application for Closing Bank Account Due to the Demise of the Account Holder. To, The Branch Manager, ... Request that any outstanding balance or interest be transferred to another account or paid via check or direct deposit ...
Subject: Application letter requesting to close bank account. Respected sir/madam, My account number is ___ (your account number) .I have been holding a savings account in your esteemed bank for the last few years.
You can write a closing bank account letter to your bank for one account that you have there or for all of them. ... (APY) on savings balances (including Vaults) and 0.50% APY on checking balances. Direct Deposit means a recurring deposit of regular income to an account holder's SoFi Checking or Savings account, including payroll, pension, or ...
Sample 2: Letter to Bank Manager for Closing Account. Sender Information: [Your Name] Recipient Information: [Bank Manager's Name] [Bank Name] [Bank Address] [City, State, Zip Code] Dear [Bank Manager's Name], Purpose of the Letter: I am writing to inform you of my decision to close my bank account ([Account Number]) with your institution.