When drafting a request letter for opening a Certificate of Deposit (CD), clarity and politeness are key. Clearly state your intention to open a CD, providing relevant details about your existing bank account and investment preferences. Request information about CD rates, penalties, returns, and any associated charges. Enclose necessary documents for processing. Conclude with a polite request for a prompt response.
Sample Request Letter for Opening CD (Certificate of Deposit)
To,
Branch Manager,
__________ (Branch Name),
__________ (Branch Address),
__________ (Branch Code)
Date: __/__/____ (Date)
Subject: Request for opening certificate of deposit
Respected Sir/Madam,
I _______ (name) have a _____ (type of bank account) account, which is ______ (mention scheme) account with ______ (Mention branch name). I am writing this letter to request you to open a certificate of deposit for me.
Details of my account for your reference and kind perusal are as under:
Account Number:
Customer ID:
Date of Opening A/c:
Account Holder Name:
Amount to Invest:
Tenure:
I request you to kindly share information related to the certificate of deposit to understand the details like rates /no penalty rates/return of Investment and all other charges, etc. As per the requirement, I have enclosed the required documents for further procedure.
I want to make the investment as earliest possible, hence look forward to your prompt reply.
Thanks and Regards,
__________ (Sender Name)
__________ (Sender Contact Details)
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Sandeep Bhandari