Application for Closing Overdraft Account – Overdraft Facility Closure Letter in Bank
Sample Letter Template

Application for Closing Overdraft Account – Overdraft Facility Closure Letter in Bank

Deepanshu Thakral
Updated May 3, 2020
When drafting a letter to request the closure of an overdraft account, clarity and politeness are essential. Clearly state the account details, reason for closure, and any necessary authorizations. Ensure all required documents are enclosed with the letter to expedite the process.

Sample Letter for Closing Overdraft Account

To,
The Branch Manager,
____________ (Name of the bank)
____________ (Branch Address)

Date: __/__/____

Subject- Closure of the overdraft account (OD account number)

Respected sir,

I, ____________(Name) holding a ____________ (Overdraft) account in your branch. I am writing this letter to request you to close my ____________ (Over draft) account bearing account number ____________ (Account number). The reason for closure is due to ___________ (reason for account closure).

Details of the account are mentioned below:
OD Account number: ____________
Name of the Branch: ____________

I hereby also authorize you to debit charges related to OD account as per bank norms.

As per bank requirement, I am enclosing ___________ (Account closure form, KYC, other documents if applicable) with the application.

Thanking you

Kind regards,
____________ (Name)
____________ (Address),
____________ (Contact Number)

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