Fixed Deposit Closing Letter Sample

Are you in need of a Fixed Deposit Closing Letter Sample? Look no further! Below, you will find examples of Fixed Deposit Closing Letter Samples that you can use and modify as needed.

Explaining the Purpose of Fixed Deposit Closing Letter Sample

When closing a fixed deposit account, it is essential to inform the bank or financial institution formally. A Fixed Deposit Closing Letter serves as a written communication to notify the institution of your intention to close the account and request the closure process. This letter confirms the closure request and provides details on how the remaining balance should be handled.

Sample Fixed Deposit Closing Letter

Dear [Recipient’s Name],

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I am writing to formally request the closure of my Fixed Deposit account with your institution. Please find the details of the account below:

Account Holder’s Name: [Your Name]

Account Number: [Account Number]

Deposit Amount: [Initial Deposit Amount]

Maturity Date: [Maturity Date]

I kindly request that the remaining balance in the account, including any accrued interest, be transferred to my savings account with your bank. Please ensure that this transfer is processed promptly and confirm the closure of the Fixed Deposit account in writing.

Thank you for your attention to this matter. Should you require any further information or documentation, please do not hesitate to contact me at [Your Contact Number] or [Your Email Address].

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Sincerely,

[Your Name]