February 9, 2024
Bank LettersRequest Letters

Request Letter to Bank for Decrease Overdraft Limit – Sample Letter Requesting to Decrease the Overdraft Limit

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

Date: __/__/____ (Date)

Subject: Request for reducing overdraft limit

Sir/ Madam,

With due respect, my name is _________ (Name) and I am availing an overdraft limit facility from your bank amounting to _________ (Amount) having loan account number is _______ (overdraft limit account number).

I am writing this letter to inform you that I want to reduce my overdraft limit from _________ (current limit) to ______ (new limit amount). The reason for decreasing the overdraft limit is ____________ (reason for reducing limit).

I request you to kindly increase my loan amount. As per requirements, I am hereby enclosing all relevant documents for your ready reference.

Thanking you,
_________ (Signature)
_________ (Your name),
_________ (Contact number)

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