Letter to Bank for Change FD Maturity Instructions to Auto Renewal – Application for Fixed Deposit Change ModeLetter to Bank for Change FD Maturity Instructions to Auto Renewal – Application for Fixed Deposit Change Mode
Writing an effective letter to the bank regarding changes in fixed deposit instructions requires clarity and politeness. It's crucial to clearly state the purpose of the letter and provide all necessary details. Avoid using unclear language and ensure that all information is included to avoid confusion. Remember to maintain a respectful tone throughout the letter.

Table of Contents:

Request to Change Fixed Deposit Maturity Instructions to Auto Renewal

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

Date: __/__/____

Subject Change Fixed Deposit Maturity Instructions of FD No. ______ (Fixed Deposit Number) to Auto-Renewal

Sir/Madam,

I, ________ (Name) am holding a Fixed Deposit A/C No. ______ (FD Number) in the name of ______ (Name)

Kindly change the mode of FD from _______ (auto closure) to ______ (auto renewal) and renew the FD with ________  (Principal/Maturity) Amount of FD account No. ________ (Account Number). I hereby enclosing FD Receipt/ FD Bond / FD Advice and KYC document with application for Fixed deposit mode change to auto renewal request.

Thanking You,

Signature: ______
Name: ______
Contact: ______

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FAQs

  1. How can I request a change in fixed deposit maturity instructions from auto closure to auto renewal?
    • You can write a formal letter addressed to the bank's branch manager requesting the change in fixed deposit maturity instructions. Ensure to include your fixed deposit account number, specify the desired mode change, and enclose necessary documents such as the FD receipt, bond, advice, and KYC documents.
  2. What details should be included in the letter for changing fixed deposit instructions?
    • Include your fixed deposit account number, the desired change in maturity instructions, and specify whether you want to switch from auto closure to auto renewal. Also, enclose supporting documents like the FD receipt, bond, advice, and KYC documents with the letter.
  3. Is it necessary to specify the account number for renewing the fixed deposit in the letter?
    • Yes, it's essential to provide the account number where you want the renewed fixed deposit amount to be credited. This ensures that the bank processes the renewal accurately.
  4. What should I do if I want to renew my fixed deposit automatically upon maturity?
    • Write a letter to the bank requesting a change in the fixed deposit maturity instructions from auto closure to auto renewal. Include your fixed deposit account number, specify the desired change, and enclose necessary documents like the FD receipt, bond, advice, and KYC documents.
  5. How should I conclude my letter requesting a change in fixed deposit instructions?
    • Conclude your letter with a polite expression of gratitude, thanking the recipient for their attention to your request. Sign the letter, provide your name, and include your contact information for any further correspondence.

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    • Letter to Bank for Change FD Maturity Instructions to Auto Renewal
    • Application for Fixed Deposit Change Mode