Professional sample letter format for Request Letter to Bank for Increase Overdraft Limit – Sample Letter Requesting for Increasing the Overdraft Limit
Letter Template

Request Letter to Bank for Increase Overdraft Limit – Sample Letter Requesting for Increasing the Overdraft Limit

Deepanshu Thakral
June 19, 2021
Writing Tips
Writing a request letter to a bank for increasing the overdraft limit necessitates clarity and politeness. Begin by addressing the branch manager respectfully and clearly stating the purpose of the letter. Provide essential details such as the current overdraft limit, recent financial changes, and the desired new limit. Express gratitude and attach any necessary documents. Avoid unclear language and ensure all essential information is included for effective communication.

Sample Letter for Increasing overdraft limit

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

Date: __/__/____ (Date)

Subject: Increasing overdraft limit

Sir/ Madam,

Courteously, my name is _________ (Name) and I am availing an overdraft limit facility from your bank with a loan limit amounting to _________ (Amount). The loan account number is _______ (overdraft loan against FD account number).

I would like to state that _____ (done more FD/deposit amount increased/any other) and as per discussion with your bank, I am eligible for a loan amount of ______ (new eligible amount). I am writing this letter in order to request you for increasing my loan amount from ______ (amount) to _______ (required amount).

Furthermore, I request you to kindly increase my loan amount. As per requirements, please find all relevant documents attached herewith.

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

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