When drafting a letter to update bank account details in an insurance policy, clarity and politeness are key. Clearly state the policy details and the reason for the change. Provide accurate information about the new bank account, including the account name, number, bank name, IFSC, and branch address. Enclose relevant documents, such as a copy of the insurance policy bond or a bank statement. Express gratitude and request prompt action.
Request Letter for Bank Account Details Update in Insurance Policy
To,
The Manager,
__________ (Name of Insurance Company),
__________ (Insurance Company Address)
Date: __/__/____ (Date)
Subject: Application for Changing Bank Account Details in Insurance policy number ________ (policy number).
Sir/Madam,
Respectfully, I am _________ (Your Name) holder of an insurance policy from your insurance company ______________ (Insurance company name) taken on _______(Date of Insurance Policy Taken) having policy number __________ (Policy Number) which is due for maturity on _______(Policy Maturity Date).
I want to change bank details in the policy due to ___________ (the reason for changing Bank Account number)
I hereby request you to change my Bank account details in Insurance policy as per details mentioned below:
Account Name: __________
Bank Account Number: __________
Bank Name: __________
Bank IFSC: __________
Bank Branch Address: __________
I request you to kindly complete the formalities of the Changing Bank Account Details of policy. I am enclosing _________ (copy insurance policy bond paper/policy amendment form request/ Bank account statement/cancelled cheque/bank passbook copy/ application form) along with the application.
Your prompt action on the request will be highly appreciable.
Thank you,
Signature: _____________
Your Name: __________
Policy Number: __________
Mobile number: _________
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Kshitij Tarun