Application for closing RD Account, Recurring Deposit Closure Letter
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Table of Contents:

Request Letter for Recurring Deposit Account Closure

The Branch Manager,
______ (Bank Name)
______ (Branch)
______ ( Branch Address)

Date: __/__/____ (DD/MM/YYYY)

Subject: Closure of RD No. ____ (Recurring Deposit Number)


l am holding a Recurring Deposit A/C No. ____ (RD Number) in the name of ____ (Name). My recurring deposit no. ________ which was due for maturity, got matured on ______ (date of maturity)

Kindly close the RD and credit the amount in my _______ (type of account) account No. ____ (Account Number)

Thanking You,

Signature: ________
Name: ________
Contact: ________

RD Receipt/ RD Advice
KYC Documents (if applicable)
Customer Request Form (if applicable)

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  1. How do I address a letter to close a recurring deposit account?
    • Begin the letter with "To the Branch Manager" followed by the bank's name and branch address. State the subject as "Closure of RD No. [Recurring Deposit Number]."
  2. What details should be included in a recurring deposit closure letter?
    • Include your account details, such as the RD number and maturity date, along with a request to close the account and transfer funds to your specified account.
  3. Is it necessary to enclose any documents with the closure letter?
    • Yes, it's recommended to enclose documents like the RD receipt or advice, KYC documents if applicable, and a customer request form if required.
  4. How should I sign off a recurring deposit closure letter?
    • End the letter with a polite closing such as "Thank you for your assistance" or "Yours sincerely," followed by your signature, printed name, and contact details.
  5. What should I do if I have any questions regarding the closure process?
    • If you have any queries or need further assistance, consider contacting the bank directly for clarification or guidance.

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