Request Letter to Bank for Fixed Deposit Renewal – Sample Letter Requesting Renewal of FDRequest Letter to Bank for Fixed Deposit Renewal – Sample Letter Requesting Renewal of FD
When writing a request letter to the bank for the renewal of a fixed deposit (FD), it's important to be clear, polite, and provide all necessary details. Clearly mention the FD number, maturity date, and the desired renewal amount and duration. Enclose any required documents with the letter for processing.

Table of Contents:

Sample Letter to Bank for Fixed Deposit Renewal

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

Date: __/__/____ (Date)

Subject: Renewal of fixed deposit no. ______ (Fixed Deposit Number)

Sir/Madam,

I am ________ (Name) and I do hold a fixed deposit account no. ______ (FD Number) bearing amount ______ (amount).

I would like to state that my fixed deposit maturity is due on __/__/____  (FD maturity date) and I am writing this letter to request you to kindly renew my FD at the time of maturity with ________ (Principal/Maturity) amount of FD account No. ________ (Account Number) for _________ (duration).

As per requirements, I am hereby enclosing ________ (FD Receipt/ FD Advice/ KYC document/ any other document) along with the application.

Thanking You,

__________ (Signature)
__________ (Your Name)
__________ (FD Account Number
__________ (Contact Number)

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FAQs

  1. What documents should I enclose with the letter for fixed deposit renewal?
    • You should enclose documents such as the FD receipt, FD advice, KYC documents, or any other document requested by the bank for the renewal process.
  2. Can I renew my fixed deposit for a different amount or duration?
    • Yes, you can request to renew your fixed deposit for a different amount or duration by specifying your preferences in the renewal request letter.
  3. Is it necessary to mention the maturity date of the fixed deposit in the letter?
    • Yes, it is important to mention the maturity date of the fixed deposit to ensure clarity and accuracy in the renewal process.
  4. How long does it take for the bank to process the renewal of a fixed deposit?
    • The processing time for fixed deposit renewal may vary depending on the bank's internal procedures, but it is typically processed within a few business days.
  5. What should I do if I don't receive a response from the bank regarding my renewal request?
    • If you don't receive a response within a reasonable time frame, you may follow up with the bank either by visiting the branch in person or contacting them via phone to inquire about the status of your request.

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