1.

How to write a letter for closing a fixed deposit

Answer»

Explanation:

Sub: Request to prematurely close Fixed Deposit Account.

Date: {Put the date here}

From

The customer (Name as per the bank record)

Address {As per the bank record}

To

The Branch Manager

XYZ Bank

ABC Street

New Delhi – 11000*

Dear Sir/ Madam,

I (name of the customer) hold the Savings Bank Account No. (indicate the Savings Bank Account No.) in your Branch. I would further like to state that I ALSO opened a Fixed Deposit Account (indicate the Fixed Deposit Account No.) on (the date on which the Fixed Deposit was opened) DEPOSITING an amount of Rs. (put the principal amount). The tenure of the Fixed Deposit was (the tenure) years.

However, I urgently need the money for some personal purpose. So you are REQUESTED to close my AFORESAID Fixed Deposit account prematurely and transfer the entire amount (principal + accumulated interest) to my Savings Bank Account (Savings Account No.) maintained in your branch.

Hoping for you to comply my request at the earliest.

With regards.

Yours sincerely,

{Signature of the Customer}

{Name of the Customer}



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