When drafting a request letter to a bank for the release of Fixed Deposit Receipts (FDRs), clarity and politeness are essential. Clearly state the purpose of the letter, including details such as the account type, account number, FD numbers, FD amounts, and the expired Bank Guarantee number. Politely request the removal of the lien from the FDRs and the release of the original FDs. Ensure all necessary documents are enclosed for processing.
Sample Letter to Bank for FDR Release
To,
The Branch Manager,
_____________ (Bank Name),
_____________ (Branch Address)
Date: __/__/____ (Date)
Subject: Request for release of FDR’s
Respected Sir/ Madam,
We are holding ________ (type of bank account – current/ checking) account bearing account number __________ (account number) with your branch in the name of __________ (firm name). We had opened fixed deposits __________ (FD Numbers) amounting to __________ (FD Amount) against Bank Guarantee number ______________ in favor of ________________ (Client Name).
The Bank Guarantee has now expired and we are submitting the original hard copies of BG (Bank Guarantee) number _________ enclosed with this letter. You are requested to kindly remove the lien from the above FDRs and release the original FDs.
Thanking you.
Regards,
For ________ (Company Name),
___________ (Signature)
___________ (Your Designation)
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Sandeep Bhandari