Letters in English
Professional sample letter format for Request Letter for Clearance of Minimum Balance Penalty – Sample Letter Requesting Clearance of Minimum Balance Penalty
Letter Template

Request Letter for Clearance of Minimum Balance Penalty – Sample Letter Requesting Clearance of Minimum Balance Penalty

Sandeep Bhandari
December 25, 2024
Categories:
Request Letters
Bank Letters
Waiver Letters
Writing Tips
Writing an effective letter to request clearance of a minimum balance penalty requires clear and polite language. It is important to address the recipient formally, provide specific details about the penalty, and explain the reason for the request. Avoid vague language or missing critical information, such as account details and contact information. Keep the letter concise and ensure all necessary placeholders are properly filled. End the letter with gratitude and a willingness to cooperate.

Request Letter for Waiver of Minimum Balance Penalty - Sample Letter Requesting Penalty Waiver

To,
__________ (Recipient’s Name)
__________ (Designation)
__________ (Bank/Branch Name)
__________ (Bank Address)

Date: __/__/____ (Date)

Subject: Request for Waiver of Minimum Balance Penalty

Dear __________ (Recipient’s Name),

I am writing to kindly request a waiver for the minimum balance penalty charged to my account. My account number is __________ (Your Account Number), and the penalty was applied on __________ (Date of Penalty).

Due to __________ (reason, e.g., financial difficulties, oversight, or unforeseen circumstances), I was unable to maintain the minimum balance requirement for the specified period. I sincerely apologize for this oversight and assure you that I will make efforts to comply with the bank’s requirements moving forward.

I kindly request you to consider waiving the penalty amount of __________ (Penalty Amount) and assist me in maintaining my account effectively. I have been a loyal customer of your bank for __________ (Duration of Relationship), and I value the services provided.

Thank you for your understanding and assistance. Please let me know if any additional information or documentation is required. I can be reached at __________ (Your Phone Number) or via email at __________ (Your Email Address).

Looking forward to your kind response.

Sincerely,
__________ (Your Name)
__________ (Your Contact Details)

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