Closure of Bank Account Application - Sample Letters

Closure of Bank Account Application - Sample Letters

Bank Account Closing Letter

To close the account in a bank it is necessary to write an official letter to the bank manager. The reason for closing the bank account should be mentioned in the letter very clearly. Also, all the details related to your bank account such as Account number, Branch code, Full name, etc., should be mentioned in the application letter.

Bank Account Closing Letter Format and Samples

You need to compose an application to the bank office administrator to close your record and you need to connect your checkbook, passbook, and ATM card alongside this application. You can likewise move the financial balance to another branch without shutting it. For the most part, the bank will take around 5 to 10 days to close it.

If any application is composed without help from anyone else, at that point it is consistently a decent practice however because of the absence of time, It isn’t feasible for us to compose an expert application. In this way, just to save you time we have made a few examples of ledger shutting letters for you which will make your work simpler.

Probably the most widely recognized reasons that account holders generally close their ledgers, for example, individual reasons, moving to different nations, impolite bank representatives, untrustworthy financial frameworks, a high premium on credits, or internet banking issues.

In this article, we are going to discuss how to write the bank account closing letter in a proper format. People who do not know how to write a closing letter, need not worry about it. Read the complete article here and get to know how to write such letters.

Bank Account Closing Letter Format

The format of the bank account closing letter should include the below-given details:

  1. Addressing the Branch manager
  1. Name and address of the bank
  1. Date
  1. Subject line
  1. Salutation (Sir/Madam)
  1. Body of the letter
  1. Thank you
  1. Closing with yours Sincerely, truly, etc.
  1. Name and Signature

Sample 1 – Current Account Closing Letter

The Manager

South Indian Bank

Thudiyalur

Coimbatore- 641022

02/10/2022

Subject: Request for Closing Current Account

Sir,

I am Sneha, and I hold a Current Account in your bank. I have not been able to maintain the account for a few months now due to some personal reasons, and so I would like to close the account. I am enclosing the account passbook along with this letter. Kindly do the needful and initiate the closing process as soon as possible.

Thanking you

Yours faithfully,

Signature

Sneha C

Sample 2 – Letter to Bank Manager for Closing Account

The Manager

State Bank of India

T Nagar

Chennai – 600054

31/12/2021

Subject: Request to Close Account

Sir,

I hold an account with the account number 030XXXXX02356032 at your bank. I have been transferred to Bangalore, and so I will have to close the account as I would not be able to access the account. Kindly clear all the transactions with this account and transfer the balance to another account (Account number: 0201000023642365 IFSC Code: SBIL0000201).

Thank you in advance.

Yours sincerely,

Signature

Thara Sudhan

Sample 3 – Bank Account Closing Letter

The Branch Manager

Union Bank of India

Koramangala Branch

Bangalore – 600023.

25th March 2022

Subject: Closure of Savings Account

Ma’am,

I am Rudhra, and I have a savings account with the account number 2XXXXX564932 at your branch. I am moving to Chennai for personal reasons, and so I would like to close my savings account and withdraw the amount. I request you to kindly do the needful and close my account at the earliest as I will be leaving next week.

I am enclosing herewith the bank passbook, identification, and address proof for your reference.

Thanking you

Yours faithfully,

Signature

Rudhaprasad

 

 


Created & Posted by Pooja

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