When writing an effective letter for closing a Fixed Deposit (FD) account after maturity, clarity and politeness are essential. Start with a clear subject line indicating the purpose of the letter. Include important details such as the FD number, account holder's name, and date of maturity. Clearly state the reason for closing the FD and provide instructions on how the maturity amount should be credited. Attach any necessary documents like the FD receipt and KYC documents. Remember to thank the recipient for their assistance and sign the letter appropriately.
Request for Closure of Fixed Deposit (FD) Account
To,
The Branch Manager,
_______ (Bank Name)
_______ (Branch)
_______ ( Branch Address)
Date: __/__/____
Subject: Closure of FD No. _______ (Fixed Deposit Number which you want to close) on Maturity
Sir/Madam,
I am holding a Fixed Deposit A/C No. _______ (FD Number) in the name of _______ (Name) which got matured on ______ (date of maturity). I am writing this letter to break my FD due to ____________ (reason for breaking fixed deposit and proceeding with FD withdrawal).
I request you to kindly close the FD and credit the fixed deposit amount in my _______ (type of account) account No. _______ (Account Number). I am hereby enclosing FD Receipt/ FD Bond / FD Advice and KYC document with an application for fixed deposit closure.
Thanking You,
Signature: _______
Name: _______
Contact: _______
Note: While closing the FD, Bank may ask for FD BOND /Advice (If taken at the time of FD creation or in later stage). Bank may also ask for other supporting documents like KYC documents, account information in which you want to proceed with credit of the FD maturity amount/any other supporting documents. If you want to break your FD (Fixed deposit) after maturity please visit your Bank Branch with FD details or contact your Bank for more details.
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