Table of Contents:
- Sample Letter
- Live Editing Assistance
- How to Use Live Assistant
- Additional Template Options
- Download Options
- Share via Email
- Share via WhatsApp
- Copy to Clipboard
- Print Letter
- FAQs
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)
Live Editing Assistance
Live Preview
How to Use Live Assistant
The Live Assistant feature is represented by a real-time preview functionality. Here’s how to use it:
- Start Typing: Enter your letter content in the "Letter Input" textarea.
- Live Preview: As you type, the content of your letter will be displayed in the "Live Preview" section below the textarea. This feature converts newline characters in the textarea into
<br>tags in HTML for better readability.
Additional Template Options
The letter writing editor allows you to start with predefined templates for drafting your letters:
- Choose a Template: Click one of the template buttons ("Start with Sample Template 1", "Start with Sample Template 2", or "Start with Sample Template 3").
- Auto-Fill Textarea: The chosen template's content will automatically fill the textarea, which you can then modify or use as is.
Download Options
Click the "Download Letter" button after composing your letter. This triggers a download of a file containing the content of your letter.
Share via Email
Click the "Share via Email" button after composing your letter. Your default email client will open a new message window with the subject "Sharing My Draft Letter" and the content of your letter in the body.
Share via WhatsApp
Click the "Share via WhatsApp" button after you've composed your letter. Your default browser will open a new tab prompting you to send the letter as a message to a contact on WhatsApp.
Copy to Clipboard
If you want to copy the text of your letter to the clipboard:
- Copy to Clipboard: Click the "Copy to Clipboard" button after composing your letter.
- Paste Anywhere: You can then paste the copied text anywhere you need, such as into another application or document.
Print Letter
For printing the letter directly from the browser:
- Print Letter: Click the "Print Letter" button after composing your letter.
- Print Preview: A new browser window will open showing your letter formatted for printing.
- Print: Use the print dialog in the browser to complete printing.
FAQs
- What is an overdraft account closure letter?
- An overdraft account closure letter is a formal request to the bank to close the overdraft facility associated with a customer's account.
- Why might someone want to close their overdraft account?
- Reasons for closing an overdraft account can vary, including changes in financial circumstances, dissatisfaction with the service, or the need to reduce financial liabilities.
- What documents should be enclosed with the closure letter?
- Enclosures typically include an account closure form, Know Your Customer (KYC) documents, and any other forms required by the bank.
- Can charges be debited from the account during closure?
- Yes, the account holder may authorize the bank to debit any charges related to the overdraft account closure as per the bank's norms.
- How should the letter be addressed?
- The letter should be addressed to the branch manager of the bank where the overdraft account is held, ensuring it reaches the appropriate authority for processing.
Incoming Search Terms:
- OD account closing letter sample format
- sample request letter to overdraft account
- request letter format for cancellation of overdraft facility