Application for closing RD Account, Recurring Deposit Closure Letter
Writing an effective letter involves clarity and politeness to convey your message accurately. When drafting a letter, ensure all necessary details are included without using vague language. Omitting crucial information can lead to confusion. Always maintain a courteous tone and clearly state your purpose. Proofread your letter to avoid grammatical errors and ensure it aligns with the desired format.

Table of Contents:

Request Letter for Recurring Deposit Account Closure

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

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

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

Sir/Madam,

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: ________

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

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.

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

  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.

Leave a Reply